Duke Energy Corporation (DUK)
Market Cap | 86.51B |
Revenue (ttm) | 29.75B |
Net Income (ttm) | 4.20B |
Shares Out | 772.48M |
EPS (ttm) | 5.44 |
PE Ratio | 19.98 |
Forward PE | 17.85 |
Dividend | $4.18 (3.73%) |
Ex-Dividend Date | Feb 14, 2025 |
Volume | 2,274,733 |
Open | 112.26 |
Previous Close | 112.26 |
Day's Range | 111.38 - 112.43 |
52-Week Range | 90.09 - 121.25 |
Beta | 0.48 |
Analysts | Buy |
Price Target | 122.36 (+9.26%) |
Earnings Date | Feb 13, 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 9.26% from the latest price.
News
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.
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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...
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To accelerate the exploration of new nuclear technologies, Duke Energy joins industry group vying for DOE grant
Ensures nuclear energy remains core to its 'all of the above' energy generation strategy Aligns with Duke Energy's focus on reducing costs and risks for its customers, investors and operations while s...
Duke Energy prepares for cold snap in the Carolinas; offers ways customers can save energy and money
Company monitoring forecasts ahead of extreme cold temperatures Company also shares reminders on ways to save energy and money as temperatures drop next week; b-roll of energy-saving tips available he...
New voluntary solar program helps Duke Energy customers in North Carolina, South Carolina support clean energy
Clean Energy Connection subscribers can earn monthly bill credits for solar energy generated by participation, without installing solar panels CHARLOTTE, N.C. , Jan. 16, 2025 /PRNewswire/ -- Duke En...
Duke Energy's tree giveaway encourages Floridians to plant the right tree in the right place to keep the power flowing
More than 15,000 trees distributed through collaboration with the Arbor Day Foundation, local communities since 2017 Company's highly trained arborists, contractors care for and maintain trees year-ro...
Duke Energy to announce fourth-quarter and year-end 2024 financial results on Feb. 13
CHARLOTTE, N.C., Jan. 14, 2025 /PRNewswire/ -- Duke Energy will post its fourth-quarter and year-end 2024 financial results at 7 a.m.
Duke Energy Board of Directors Appoints Harry Sideris as President and Chief Executive Officer, Effective April 1; Succeeds Lynn Good, Who Retires as Chair and CEO
Sideris, a 29-year company veteran, also joins the board of directors; lead independent director Ted Craver becomes independent chair, both effective April 1 In her more than 11 years as CEO, Good tra...
Duke Energy announces dividend payments to shareholders
CHARLOTTE, N.C. , Jan. 9, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share.
Duke Energy prepares for winter storm in the Carolinas
Mix of snow, sleet and freezing rain could cause power outages in some regions Customers are encouraged to prepare in advance for potential outages Company also shares reminders on ways to save energy...
Duke Energy offers $200,000 in grants to help nonprofits that support senior citizens in South Carolina
Qualifying nonprofits can request one-time funding up to $10,000 Grants are a continuation of assistance to senior programs in recent years GREENVILLE, S.C. , Jan. 8, 2025 /PRNewswire/ -- Duke Energ...
As frigid temperatures hit the Southeast, resolve to save on energy bills in 2025 with programs and tips from Piedmont Natural Gas
Company's payment plans, assistance programs and energy-saving tips and tools can help customers manage seasonal bills and make budgeting easier year-round Video: Factors that contribute to monthly n...
MoneyShow's Best Investment Ideas For 2025: Part 1
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with tur...
New Year, Bigger Incentives: As temperatures fall in the Carolinas, Duke Energy increases financial incentives for customer energy efficiency and demand response programs
Growing menu of options offers customers more savings and better control over how they use their energy Some incentives have doubled or even tripled CHARLOTTE, N.C. , Jan. 6, 2025 /PRNewswire/ -- Duke...
Duke Energy Carolinas customer rates drop 6.2% on Jan. 1 due to falling fuel prices
Decrease incorporates benefits from federal Nuclear Production Tax Credits, along with other rider adjustments Annual bills for typical residential customer are $466 below national average CHARLOTTE, ...
Duke Energy Florida files for costs associated with emergency activation and response following devastating 2024 hurricane season
Duke Energy Florida mobilized more than 27,000 workers and additional resources to restore power for approximately 2 million customers impacted by hurricanes Debby, Helene and Milton ST. PETERSBURG, F...
Duke Energy files to recover $1.1 bln in hurricane costs
U.S.-based utility Duke Energy said on Friday it had filed a plan with the Florida Public Service Commission to recover about $1.1 billion in direct costs associated with the company's emergency activ...