Duke Energy Corporation (DUK)

NYSE: DUK · IEX Real-Time Price · USD
90.85
+0.20 (0.22%)
At close: Feb 27, 2024, 4:00 PM
91.00
+0.15 (0.17%)
After-hours: Feb 27, 2024, 7:54 PM EST
0.22%
Market Cap 69.87B
Revenue (ttm) 29.06B
Net Income (ttm) 2.74B
Shares Out 770.71M
EPS (ttm) 3.54
PE Ratio 25.66
Forward PE 15.10
Dividend $4.10 (4.51%)
Ex-Dividend Date Feb 15, 2024
Volume 2,438,077
Open 90.64
Previous Close 90.65
Day's Range 90.46 - 91.33
52-Week Range 83.06 - 100.39
Beta 0.48
Analysts Buy
Price Target 102.25 (+12.55%)
Earnings Date Feb 8, 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; and uses coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel to generate electricity. This segment also engages in the wholesale of electricity to municipaliti... [Read more]

Sector Utilities
CEO Ms. Lynn J. Good
Employees 27,037
Stock Exchange NYSE
Ticker Symbol DUK
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $102.25, which is an increase of 12.55% from the latest price.

Price Target
$102.25
(12.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Duke Energy supports first responders with $500,000 in grant opportunities for emergency preparedness in South Carolina

Grants will pay for training, life-saving equipment and new technology to aid in disaster planning and recovery operations Application now open for nonprofits, governmental agencies GREENVILLE, S.C. ,...

16 hours ago - PRNewsWire

Duke Energy supports fellow first responders with more than $200,000 in grants for emergency preparedness in Indiana

Funding will support 34 nonprofit and government agencies across the company's Indiana service territory PLAINFIELD, Ind. , Feb. 15, 2024 /PRNewswire/ -- First responders across Indiana, including loc...

12 days ago - PRNewsWire

Is Duke Energy stock ready to power up in 2024?

Duke Energy Corp. NYSE: DUK is down 3.9% since missing on the top and bottom lines in its fourth quarter and full-year 2023 earnings report on February 8, 2023. It was the second consecutive quarter t...

14 days ago - MarketBeat

Duke Energy named one of the World's Most Admired Companies, thanks to its commitment to innovation, sustainable business and more

CHARLOTTE, N.C. , Feb. 9, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has been recognized by Fortune magazine as one of the World's Most Admired Companies for 2024.

18 days ago - PRNewsWire

Duke Energy removes CCP-tied batteries from green energy project at Marine Corps base: report

Duke Energy will remove batteries manufactured by CATL, a Chinese company with CCP ties, from a solar array project at Camp Lejeune in North Carolina.

18 days ago - Fox Business

Exclusive: Duke Energy to remove Chinese battery giant CATL from Marine Corps Base

Under pressure from Congress, U.S. utility company Duke Energy plans to decommission energy-storage batteries produced by Chinese battery maker CATL at one of the nation's largest Marine Corps bases.

19 days ago - Reuters

Duke Energy misses Q4 profit estimates on higher interest costs, raises capex

Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy.

19 days ago - Reuters

Duke Energy reports fourth-quarter and full-year 2023 financial results

CHARLOTTE, N.C. , Feb. 8, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its fourth-quarter and year-end 2023 financial results in a news release available on the company's website at the fol...

19 days ago - PRNewsWire

Duke Energy shares ways to save energy and money as winter temperatures in Florida continue to fluctuate

Financial assistance and energy-saving tools and tips are available to help customers ST. PETERSBURG, Fla.

20 days ago - PRNewsWire

Duke Energy named as one of America's Most JUST Companies, putting customers and employees at the heart of its clean energy transition

CHARLOTTE, N.C. , Feb. 6, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has been named one of America's Most JUST Companies for the second consecutive year, ranking 57th overall, up from 79th in 2023.

21 days ago - PRNewsWire

These 3 Utilities Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: NEESO
21 days ago - Benzinga

Duke Energy provides resource plan update to South Carolina regulators that reflects state's booming population, economy

Palmetto State's population grew faster than anywhere in the nation in 2023 Company continues to pursue 'all of the above' generation strategy, which provides diverse energy sources to meet state's gr...

27 days ago - PRNewsWire

Duke Energy Florida to file for new base rates, expects lower overall customer bills in 2025

Filing to include smart investments in innovative technologies to increase efficiency, reduce outages, while generating customer savings Building 14 new solar sites, adding 1,050 megawatts of clean en...

27 days ago - PRNewsWire

Duke Energy launches EV charger rental program in North Carolina

Charger Solution program helps customers avoid upfront EV charger costs while paying a low monthly fee The  u tility 's comprehensive North Carolina electric vehicle customer programs help  streamline...

4 weeks ago - PRNewsWire

Duke Energy's rebates program helps Florida customers get money back for making home improvements

Residential customers may earn up to $1,700 in home improvement rebates after completing an online Home Energy Check ST. PETERSBURG, Fla.

4 weeks ago - PRNewsWire

3 just-upgraded energy stocks to put on your radar

Last night saw the S&P 500 index close at a fresh all-time high. It's a remarkable achievement that didn't look as likely as recently as October.

Other symbols: ENPHXOM
4 weeks ago - MarketBeat

Duke Energy Florida donation connects Pinellas County high school students with powerful opportunity at St. Petersburg College

High school graduates in Pinellas County will receive scholarships to attend the local college for free Funding reinforces company's support for St. Petersburg College, as well as a shared commitment ...

5 weeks ago - PRNewsWire

Duke Energy offers tips to save energy and money as temperatures dip in the Carolinas

B-roll of energy-saving tips to combat the cold available here Financial assistance and energy-saving tools and tips are available to help customers CHARLOTTE, N.C. , Jan. 16, 2024 /PRNewswire/ -- As ...

6 weeks ago - PRNewsWire

Piedmont Natural Gas offers tips to save money and energy as frigid temperatures sweep the Southeast

Financial assistance and energy-saving tips and tools are available to help customers manage seasonal bills VIDEO: Factors that contribute to customers' natural gas bills CHARLOTTE, N.C. , Jan. 12, 20...

6 weeks ago - PRNewsWire

Duke Energy prepares for potential severe weather in Indiana; encourages customers to plan ahead

Duke Energy Indiana line and tree crews ready to respond Customers encouraged to prepare in advance of severe weather, bitter cold temperatures PLAINFIELD, Ind. , Jan. 12, 2024 /PRNewswire/ -- Duke En...

6 weeks ago - PRNewsWire

Duke Energy Carolinas receives approval for new rates in North Carolina, implements new programs to help customers

Rates include upgrades to make the grid more resilient and shorten the duration of outages New programs will give customers more control over energy use and help low-income customers Approval includes...

6 weeks ago - PRNewsWire

Duke Energy offers tips to save energy and money as temperatures plunge in Ohio and Kentucky

B-roll of energy-saving tips to combat the cold available here CINCINNATI , Jan. 12, 2024 /PRNewswire/ -- A wintry mix of precipitation and bitterly cold temperatures are expected to arrive this weeke...

6 weeks ago - PRNewsWire

Duke Energy gives away trees to celebrate Florida Arbor Day

Strategically planted trees help improve power reliability, conserve energy and maximize environmental benefits Nearly 12,000 free trees distributed since 2017 through collaboration with the Arbor Day...

6 weeks ago - PRNewsWire

Duke Energy announces dividend payments to shareholders

CHARLOTTE, N.C. , Jan. 11, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.025 per share.

6 weeks ago - PRNewsWire

Duke Energy restores power for more than 425,000 across the Carolinas

About 6,000 workers responding to power outages More than 500,000 customers were affected by severe weather CHARLOTTE, N.C. , Jan. 10, 2024 /PRNewswire/ -- Duke Energy is working to restore power to r...

6 weeks ago - PRNewsWire