Duke Energy Corporation (DUK)
| Market Cap | 83.64B |
| Revenue (ttm) | 29.75B |
| Net Income (ttm) | 4.20B |
| Shares Out | 772.48M |
| EPS (ttm) | 5.44 |
| PE Ratio | 19.32 |
| Forward PE | 17.25 |
| Dividend | $4.18 (3.86%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 2,803,505 |
| Open | 107.16 |
| Previous Close | 107.08 |
| Day's Range | 106.72 - 108.68 |
| 52-Week Range | 90.09 - 121.25 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 122.36 (+13.0%) |
| Earnings Date | Feb 6, 2025 |
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 $28.60 billion, an increase of 1.00% compared to the previous year's $28.32 billion. Earnings were $2.73 billion, an increase of 11.75%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $122.36, which is an increase of 13.00% from the latest price.
News
Duke Energy offers ways South Carolina customers can save energy and money as winter officially begins
Free home energy assessment available in-home and virtually. Seal and insulate your home and save through rebate program.
Mayors in the Carolinas, Tennessee proclaim Dec. 12 'Share the Warmth Day'
Proclamations encourage support for Piedmont Natural Gas program that helps keep neighbors warm by assisting with energy bills CHARLOTTE, N.C. , Dec. 11, 2024 /PRNewswire/ -- In the spirit of giving a...
Duke Energy Florida and Duke Energy Foundation add to long-standing support for Pinellas Education Foundation with $100,000 grant
Supports Pinellas County Schools' Future Cities program and enhanced experiences at Enterprise Village and Finance Park Brings total company donations to more than $4 million ST. PETERSBURG, Fla.
Utility stocks still a buy due to mismatch in supply-demand environment, says Barclay's Campanella
Nicholas Campanella, Barclays analyst, joins 'Squawk on the Street' to discuss the timeline to expect nuclear power to come online to support data centers, the small modular reactor technology, and if...
J.D. Power Ranks Piedmont Natural Gas No. 1 for Residential Customer Satisfaction Among Large Gas Utilities for South Region
Piedmont tops utility peers in South Large segment for third year in a row CHARLOTTE, N.C. , Dec. 4, 2024 /PRNewswire/ -- Piedmont Natural Gas earned the No.
North Carolina town files lawsuit against Duke Energy over climate crisis
A town in North Carolina sued utility firm Duke Energy on Wednesday, accusing the company of deceiving its customers and the broader public about the harms of climate change.
Duke Energy Florida's '12 Days of Savings' offers schedule of suggested energy efficiency tips
Simple, low-cost to no-cost solutions will help customers save on their electric bills this holiday season ST. PETERSBURG, Fla.
Duke Energy's Share the Light Fund offers nearly $300,000 in bill assistance to Indiana customers facing financial hardship this winter season
Qualifying Duke Energy customers can receive up to a $300 account credit annually Over the last year, Duke Energy has supported more than 2,000 Indiana households with more than $650,000 in energy bi...
NC Utilities Commission approves Duke Energy Progress request to lower customer rates by 4.5%
Falling fuel prices result in lower customer rates Annual bills for typical residential customer are $235 below national average CHARLOTTE, N.C. , Dec. 2, 2024 /PRNewswire/ -- Starting Dec. 1, rates f...
Following historic power restoration effort in mountain region, Duke Energy announces more than $2.2 million committed to date for disaster relief, rebuilding and readiness in North Carolina
Funding will benefit nonprofits, local emergency management agencies and economic development organizations Initiatives will support long-term recovery in western North Carolina to aid with ongoing c...
Duke Energy Foundation donates $350,000 to community organizations assisting in Hurricane Milton relief
22 Florida nonprofits received funding to support ongoing recovery efforts Giving for disaster preparedness and relief in Florida tops $900,000 for the year ST. PETERSBURG, Fla.
Duke Energy's first-of-its-kind microgrid solution offers carbon-free charging option for commercial vehicle fleets
Collaboration with Electrada provides resources for fleets considering electrification, specifically for interoperability, power flexibility and reliability MOUNT HOLLY, N.C. , Nov. 21, 2024 /PRNewswi...
Duke Energy Foundation helps make Florida's natural resources more resilient with $285,000 in grants
Ten organizations across Florida receive funding to support resiliency efforts benefiting Florida's ecosystem Over the past five years, the Duke Energy Foundation donated more than $3 million to envir...
Smell natural gas? Get out fast!
Piedmont Natural Gas is reminding customers if they smell natural gas, get out fast! An odorant called mercaptan is injected into natural gas, giving it a smell like rotten eggs so it is easy to detec...
Duke Energy's self-healing technology, ongoing readiness enable rapid power restoration in Florida during back-to-back hurricanes Helene and Milton
Smart, self-healing systems in Florida helped save more than 300 million minutes of total lost outage time during recent hurricanes ST. PETERSBURG, Fla.
Duke Energy kicks off monthlong campaign providing more than $500,000 to help fight hunger in South Carolina
Funds will support more than 50 feeding programs as holidays approach and communities recover from Helene Efforts begin with Yam Jam, a volunteer event in Greenville that packages 50,000 pounds of swe...
Duke Energy Corporation (DUK) Q3 2024 Earnings Call Transcript
Duke Energy Corporation (NYSE:DUK) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Abby Motsinger - Vice President, Investor Relations Lynn Good - Chair and Chief E...
Duke Energy's new 2 GWs of US data centers to include minimum take agreements, CFO says
Duke Energy will include take-or-pay provisions in its agreements for two new gigawatts of U.S. data centers in its territory, as the utility continues to hammer out details of its power agreements wi...
Duke Energy sees up to $2.9 bln in hurricane restoration costs
Duke Energy said on Thursday it estimates the total cost to restore facilities damaged by Hurricanes Debby, Milton and Helene to be in the range of $2.4 billion to $2.9 billion.
Duke Energy reports third-quarter 2024 financial results
CHARLOTTE, N.C. , Nov. 7, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its third-quarter 2024 financial results in a news release available on the company's website at the following link: d...
Regulators approve Duke Energy Florida's request to lower rates in 2025
A 1,000 kWh residential customer bill will decrease by $9.77 beginning in January Bills will be impacted by the company's storm cost recovery later in 2025 ST. PETERSBURG, Fla.
Duke Energy responds to constructive Carolinas Resource Plan decision by North Carolina Utilities Commission
CHARLOTTE, N.C. , Nov. 2, 2024 /PRNewswire/ -- Duke Energy issued the following statement in response to yesterday's order by the North Carolina Utilities Commission (NCUC) on its Carolinas Resource P...
Dividend Aristocrats Of The Future - Part 3
This is the final group of 10 companies scheduled to reach dividend aristocrat status, sometime over the next five years. There are a variety of companies listed, some of whom may not be able to reach...
Duke Energy offers ways customers can save energy and money ahead of the winter months
Free home energy assessment available in-home and virtually. Seal and insulate your home and save through rebate program.
Monthly bills will drop for Duke Energy Carolinas customers in South Carolina beginning in November for annual adjustment to fuel costs
Home energy bills will decrease 12.7% Decrease more than offsets base rate increase that took effect in August GREENVILLE, S.C. , Oct. 31, 2024 /PRNewswire/ -- Duke Energy Carolinas customers in South...