Duke Energy Corporation (DUK)
| Market Cap | 92.01B |
| Revenue (ttm) | 29.93B |
| Net Income (ttm) | 4.40B |
| Shares Out | 776.46M |
| EPS (ttm) | 5.70 |
| PE Ratio | 20.80 |
| Forward PE | 18.77 |
| Dividend | $4.16 (3.51%) |
| Ex-Dividend Date | Feb 14, 2025 |
| Volume | 1,011,332 |
| Open | 119.21 |
| Previous Close | 118.67 |
| Day's Range | 118.45 - 119.67 |
| 52-Week Range | 92.33 - 121.25 |
| Beta | 0.47 |
| Analysts | Buy |
| Price Target | 121.64 (+2.65%) |
| Earnings Date | Feb 13, 2025 |
About DUK
Duke Energy Corporation, through 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 to approximately 8.6 million customers in the Southeast and Midwest regions. It generates electricity through coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipa... [Read more]
Financial Performance
In 2024, Duke Energy's revenue was $29.93 billion, an increase of 4.66% compared to the previous year's $28.60 billion. Earnings were $4.40 billion, an increase of 60.95%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $121.64, which is an increase of 2.65% from the latest price.
News
Duke Energy commits $500,000 to boost local storm preparedness initiatives in North Carolina
Grants will support storm preparedness and natural disaster readiness Applications will be accepted through April 25 for eligible organizations CHARLOTTE, N.C. , Feb. 27, 2025 /PRNewswire/ -- Duke Ene...
Duke Energy Florida files plans for four new solar energy sites, adding nearly 300 megawatts of energy to the electric grid
The sites will be located in Madison, Sumter, Hernando and Jefferson counties and completed by summer 2026 All together, they are expected to save customers $843 million over their service lifetimes S...
Duke Energy Foundation donates $40,000 to Area Agency on Aging of Pasco-Pinellas to supply severe weather kits for older adults
Grant provides critical supplies prior to storm season Duke Energy employees volunteer to assemble severe weather kits ST. PETERSBURG, Fla.
Duke Energy: Murky Outlook Warrants Caution
Duke Energy offers a stable dividend and predictable cash flow, but faces rising debt and muted organic growth. Another pro: surging data center demand. Another con: storm exposure and related costs. ...
Duke Energy names Katherine Neebe as chief communications officer
CHARLOTTE, N.C. , Feb. 18, 2025 /PRNewswire/ -- Duke Energy announced today it has appointed Katherine Neebe, senior vice president and chief sustainability officer, as chief communications officer (C...
Duke Energy prepares for approaching winter storm
Mix of snow and ice could cause power outages in some regions Customers are encouraged to prepare in advance for potential outages CHARLOTTE, N.C. , Feb. 18, 2025 /PRNewswire/ -- Duke Energy is monito...
Duke Energy Florida celebrates Engineers Week, highlights importance of training new power grid dispatchers
Engineers Week is recognized as Sunday, Feb. 16, through Saturday, Feb. 22 Dispatchers must complete extensive training to serve as the "eyes in the sky" of the power grid ST. PETERSBURG, Fla.
Duke Energy Corporation (DUK) Q4 2024 Earnings Call Transcript
Duke Energy Corporation (NYSE:DUK) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Corporate Participants Abby Motsinger - Vice President, Investor Relations Lynn Good - Chair and Chie...
Duke Energy raises five-year capex plan on increased data center, industrial demand
Duke Energy on Thursday raised its five-year capital expenditure plan to $83 billion, a 13.7% jump, as the utility looks to boost its grid to profit from an oncoming demand from data centers and incre...
Duke Energy reports fourth-quarter and full-year 2024 financial results
CHARLOTTE, N.C. , Feb. 13, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its fourth-quarter and year-end 2024 financial results in a news release available on the company's website at the fo...
Duke Energy Florida shares various resources to help customers manage increased energy usage in January
Financial assistance programs, incentives and rates – and even low-cost or no-cost energy efficiency tips – can offset higher-than-average electric bills ST. PETERSBURG, Fla.
Duke Energy provides $200,000 in grants to help nonprofits that support senior citizens in South Carolina
Funding supports 20 organizations each with $10,000 Grants are a continuation of assistance to senior programs, with more than $300,000 distributed over the past two years GREENVILLE, S.C. , Feb. 12, ...
Top 3 Utilities Stocks That May Collapse In Q1
As of Feb. 12, 2025, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Sleep Like A King, Earn Like A Pro: 2 Big Dividend Ideas For Income And Wealth
I once thought holding cash for a market crash was smart, but waiting for crashes is a risky game. Inflation devalues cash much faster than investing. Market timing is tough. Predicting corrections co...
Duke Energy Florida offers free home and business energy assessments, money-saving rebate programs
ST. PETERSBURG, Fla. , Feb. 5, 2025 /PRNewswire/ -- Following colder-than-usual winter weather in the Sunshine State, Duke Energy Florida is encouraging customers to complete a free Home Energy Check ...
Fortune recognizes Duke Energy as one of the World's Most Admired Companies
CHARLOTTE, N.C. , Jan. 30, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) has been recognized by Fortune magazine as one of the World's Most Admired Companies for 2025.
Duke Energy Florida celebrates delivering on nearly 750-megawatt solar commitment in Florida
All 10 of the company's Clean Energy Connection solar energy sites are now fully operational ST. PETERSBURG, Fla.
DeepSeek: Why REITs And Utilities Loved The News
The market reacted strongly to the unveiling of China's AI, DeepSeek, with AI stocks plummeting and REITs and utilities trading up significantly. Investors are shifting towards predictable returns fro...
Duke Energy launches $500,000 grant opportunity for organizations supporting western North Carolina recovery efforts
Western North Carolina-based organizations encouraged to apply for a $25,000 grant before Feb. 17 Announcement builds on previous $2.2 million commitment for disaster relief, rebuilding and readiness ...
Duke Energy Florida, Coastal Conservation Association Florida sign collaborative agreement to preserve Florida's natural resources
Company donates additional $100,000 to support Coastal Conservation Association Florida preservation efforts More than 5.3 million fish, crustaceans raised and released; more than 100,000 eelgrass, ma...
Duke Energy serves customers, sets preliminary electric use record in the Carolinas during week of sustained cold temperatures
Duke Energy sets preliminary new combined utility system usage record; 37,387 MWh today CHARLOTTE, N.C. , Jan. 23, 2025 /PRNewswire/ -- Duke Energy crews and grid operators successfully managed record...
Duke Energy continues to manage the power grid through sustained cold conditions
Company also shares tips on ways to save energy and money as temperatures drop this week; b-roll of energy-saving tips available here CHARLOTTE, N.C. , Jan. 22, 2025 /PRNewswire/ -- As prolonged freez...
Artic blast brings sustained freezing temperatures; Duke Energy prepares and encourages customers to save energy and money
Company also shares tips on ways to save energy and money as temperatures drop this week; b-roll of energy-saving tips available here Company prepares for possibility of snow CHARLOTTE, N.C. , Jan. 21...
Duke Energy prepares for sustained freezing temperatures in the Carolinas; offers ways customers can save energy and money
Polar Vortex expected to bring several days of below freezing temperatures Company also shares reminders on ways to save energy and money as temperatures drop this week; b-roll of energy-saving tips a...
2 High Quality Dividends That Continue To Dissapoint
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