Duke Energy Corporation (DUK)

NYSE: DUK · IEX Real-Time Price · USD
108.03
+0.47 (0.44%)
Jul 26, 2024, 4:00 PM EDT - Market closed
0.44%
Market Cap 83.37B
Revenue (ttm) 29.46B
Net Income (ttm) 3.07B
Shares Out 771.77M
EPS (ttm) 3.98
PE Ratio 27.14
Forward PE 17.83
Dividend $4.18 (3.87%)
Ex-Dividend Date Aug 16, 2024
Volume 1,192,495
Open 107.80
Previous Close 107.56
Day's Range 107.41 - 108.48
52-Week Range 83.06 - 110.02
Beta 0.44
Analysts Buy
Price Target 103.17 (-4.5%)
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]

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 $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 Statements

Analyst Forecast

According to 12 analysts, the average rating for DUK stock is "Buy." The 12-month stock price forecast is $103.17, which is a decrease of -4.50% from the latest price.

Price Target
$103.17
(-4.50% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Summer of Savings: Duke Energy shares do-it-yourself projects to help Florida customers maximize energy efficiency

Company offers easy, low- to no-cost tips to lower energy use, increase savings Duke Energy Florida lowered rates twice so far this year ST. PETERSBURG, Fla.

2 days ago - PRNewsWire

Duke Energy PowerPair pilot program enrollment surpasses 1,300 customers in North Carolina

Program to pair home solar installations with battery energy storage continues to help advance rooftop solar  Company is looking at ways to enhance pilot to make it available to more customers CHARLOT...

4 days ago - PRNewsWire

Duke Energy announces dividend payments to shareholders

CHARLOTTE, N.C. , July 15, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share, an increase of $0.02.

11 days ago - PRNewsWire

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

B-roll of energy-saving tips to beat the heat available here Financial assistance and energy-saving tools and tips are available to help customers CHARLOTTE, N.C. , July 10, 2024 /PRNewswire/ -- With ...

16 days ago - PRNewsWire

Duke Energy to announce second-quarter financial results on Aug. 6

CHARLOTTE, N.C., July 9, 2024 /PRNewswire/ -- Duke Energy will post its second-quarter 2024 financial results at 7 a.m.

17 days ago - PRNewsWire

New rates approved for Duke Energy Carolinas customers in South Carolina

Public Service Commission of South Carolina approves nearly all components of a settlement agreement Outcome supports company's efforts to increase system reliability, diversityand enhance the custome...

18 days ago - PRNewsWire

Duke Energy Digital Transformation Strategy Analysis 2024: Accelerators, Incubators, and Other Innovation Programs

Dublin, July 05, 2024 (GLOBE NEWSWIRE) -- The "Duke Energy Corporation - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. This report provides in...

21 days ago - GlobeNewsWire

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...

24 days ago - PRNewsWire

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...

24 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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.

4 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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.

6 weeks ago - PRNewsWire

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,...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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.

7 weeks ago - PRNewsWire

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.

Other symbols: AMDSBUXXOM
7 weeks ago - CNBC Television

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. ,...

7 weeks ago - PRNewsWire

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 ...

2 months ago - CNBC Television

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.

Other symbols: AMZNGOOGGOOGLMSFT
2 months ago - Reuters

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'...

2 months ago - PRNewsWire