Duke Energy Corporation (DUK)
| Market Cap | 77.03B |
| Revenue (ttm) | 29.46B |
| Net Income (ttm) | 3.07B |
| Shares Out | 771.77M |
| EPS (ttm) | 3.98 |
| PE Ratio | 25.08 |
| Forward PE | 16.40 |
| Dividend | $4.10 (4.11%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 1,300,308 |
| Open | 99.63 |
| Previous Close | 99.35 |
| Day's Range | 99.21 - 100.01 |
| 52-Week Range | 83.06 - 104.87 |
| Beta | 0.45 |
| Analysts | Buy |
| Price Target | 102.67 (+2.87%) |
| Earnings Date | Aug 6, 2024 |
About DUK
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest. It generates electricity through coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalit... [Read more]
Financial Performance
In 2023, Duke Energy's revenue was $29.06 billion, an increase of 1.02% compared to the previous year's $28.77 billion. Earnings were $2.74 billion, an increase of 11.91%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $102.67, which is an increase of 2.87% from the latest price.
News
EEI announces Duke Energy as Emergency Response Award recipient
ST. PETERSBURG, Fla. , July 2, 2024 /PRNewswire/ -- When severe weather strikes, customers count on essential workers to help communities recover, and Duke Energy has been recognized for its efforts d...
Summer of Savings: Duke Energy offers ways to lower your energy use
Company shares programs, tips, tools and available assistance to help save money and manage your bill GREENVILLE, S.C. , July 2, 2024 /PRNewswire/ -- Warmer-than-average temperatures could hit South C...
Duke Energy continues to progress on power restoration with nearly 92,000 customers now back in service
More than 113,000 customers were affected by the storm 1,170 working to complete power restoration PLAINFIELD, Ind. , June 27, 2024 /PRNewswire/ -- Duke Energy crews continue to make progress bringing...
Duke Energy crews restore power to more than 43,000 from supercell storm affecting more than 95,000 customers
Company has brought in small army of 730 to supplement statewide workforce Customers can stay informed by texting REG to 57801 PLAINFIELD, Ind. , June 26, 2024 /PRNewswire/ -- Duke Energy has restored...
Duke Energy Foundation prepares Florida residents, agencies for storm season with $180,000 in emergency preparedness and resiliency grants
Funding will help equip Floridians and first responders with valuable information and supplies ahead of storms and emergency events ST. PETERSBURG, Fla.
U.S. Department of Defense Joins Duke Energy's Green Source Advantage Program
Green Source Advantage (GSA) enables significant progress toward the DOD's sustainability goals for military installations in the Carolinas CHARLOTTE, N.C. , June 18, 2024 /PRNewswire/ -- The United S...
Summer of Savings; Duke Energy Florida offers ways to lower energy use and save
Company provides programs, tips, tools, assistance to help save money ST. PETERSBURG, Fla.
Duke Energy dedicates $100,000 to help low-income Hoosiers manage home energy costs this summer
Over the last five years, Duke Energy's Share the Light Fund ® has provided more than $3 million of assistance, which has helped support more than 10,000 Indiana households PLAINFIELD, Ind. , June 6,...
Summer of Savings; Duke Energy offers ways to lower your energy use
Company shares programs, tips, tools and available assistance to help customers save money and manage energy use CHARLOTTE, N.C. , June 5, 2024 /PRNewswire/ -- Warmer-than-average temperatures may hit...
Duke Energy strengthens the grid, increases resiliency ahead of the 2024 hurricane season
More than 70% of Duke Energy Florida customers now benefit from smart, self-healing technologies Duke Energy Florida encourages customers to have a plan in place ST. PETERSBURG, Fla.
Duke Energy Foundation to award $700,000 in natural disaster preparedness grants to North Carolina nonprofits: application now open
Eligible nonprofits may apply for a $25,000 grant now through July 12 CHARLOTTE, N.C. , June 4, 2024 /PRNewswire/ -- The Duke Energy Foundation is accepting grant applications to award $700,000 in tot...
Duke Energy Florida and Florida Council on Aging announce $70,000 storm recovery donation for Jefferson Senior Citizens Center
Storm damage forced senior center to close, displacing clients who rely on critical services ST. PETERSBURG, Fla.
Three Buys and a Bail: AMD, Duke Energy, Exxon & Starbucks
Jeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'The Exchange' to discuss trades on four stocks: AMD, Duke Energy, Exxon, and Starbucks.
Duke Energy supports first responders with $500,000 in grants for emergency preparedness in South Carolina
Funding will support 33 nonprofits and government agencies Grants will pay for training, life-saving equipment and new technology to aid in disaster planning and recovery operations GREENVILLE, S.C. ,...
Duke Energy CEO on clean energy transition: Extraordinary opportunity where innovation meets growth
Lynn Good, Duke Energy chair and CEO, joins 'Squawk on the Street' to discuss long-term energy security, how much of the company's supply is data centers, and how much tech companies are investing to ...
Duke Energy signs agreements with Amazon, Google, Microsoft for clean energy supply
Duke Energy on Wednesday announced agreements with Amazon, Google, Microsoft and Nucor to support carbon-free energy generation in response to growing data center demand.
Responding to growing demand, Duke Energy, Amazon, Google, Microsoft and Nucor execute agreements to accelerate clean energy options
Allows for tailored customer solutions to meet large-scale energy needs Enables innovative multi-industry risk-sharing for new carbon-free energy generation Supports Duke Energy's and large customers'...
Duke Energy CEO on recent demand: 'You should think of us as a growth industry'
Duke Energy CEO Lynn Good joins 'The Exchange' to discuss recent data center demand, regulatory implications on the company's earnings, and more.
Forget Nvidia & SMCI, these utility stocks can be the next big winners
Nvidia and Supermicro have been all the rage in financial markets this year.
Majority of parties reach proposed agreement in Duke Energy Carolinas rate review request in South Carolina
Agreement supports company's efforts to increase system diversity, reliability and enhance the customer experience GREENVILLE, S.C. , May 17, 2024 /PRNewswire/ -- Duke Energy Carolinas has reached a s...
Duke Energy funds $100,000 in upgrades to the American Red Cross Emergency app, helping increase accessibility among diverse audiences
Enhancements support native or primary Spanish language speakers, people with disabilities and adults 65+ The Duke Energy Foundation will donate $1 to the Red Cross for every app download through June...
Duke Energy advances energy transition and positions company for long-term success, CEO tells shareholders at annual meeting
Company moving from planning to execution phase of energy transition Reliability and affordability remain cornerstones of success CHARLOTTE, N.C. , May 9, 2024 /PRNewswire/ -- In 2023, Duke Energy (NY...
Utility Stocks Have Jumped. Why It Might Be Time to Sell.
The sector's shares have moved higher, but expected dividends payments haven't grown much.
Duke Energy announces dividend payments to shareholders
CHARLOTTE, N.C. , May 9, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.025 per share.
Duke Energy seeks take-or-pay power contracts for data centers
Duke Energy is pursuing electricity supply contract terms with data centers that include take-or-pay and up-front infrastructure build out payments to guard against volatility in the energy-intensive ...