Duke Energy Corporation (DUK)
| Market Cap | 76.00B |
| Revenue (ttm) | 24.41B |
| Net Income (ttm) | 2.89B |
| Shares Out | 769.00M |
| EPS (ttm) | 3.83 |
| PE Ratio | 25.73 |
| Forward PE | 18.28 |
| Dividend | $3.86 (3.92%) |
| Ex-Dividend Date | Aug 12, 2021 |
| Volume | 2,419,899 |
| Open | 98.53 |
| Previous Close | 98.54 |
| Day's Range | 98.20 - 99.45 |
| 52-Week Range | 77.32 - 108.38 |
| Beta | 0.25 |
| Analysts | Buy |
| Price Target | 108.09 (+9.8%) |
| Est. Earnings Date | Nov 4, 2021 |
About DUK
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity. It also engages in the wholesale of electrici...
Financial Performance
In 2020, Duke Energy's revenue was $23.87 billion, a decrease of -4.83% compared to the previous year's $25.08 billion. Earnings were $1.38 billion, a decrease of -63.26%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for Duke Energy stock is "Buy." The 12-month stock price forecast is 108.09, which is an increase of 9.85% from the latest price.
News
Duke Energy Florida celebrates National Clean Energy Week with significant accomplishments
ST. PETERSBURG, Fla., Sept. 22, 2021 /PRNewswire/ -- Duke Energy Florida is celebrating National Clean Energy Week by delivering on its commitment to expand its clean energy portfolio.
Duke Energy's (DUK) Arm Unveils Its First Wind Project in lowa
Duke Energy Corp's (DUK) commercial brand, Duke Energy Sustainable Solutions,reveals the construction of a 207 MW windpower project in Iowa.
Duke Energy Sustainable Solutions announces its first wind energy project in Iowa - 207-MW Ledyard Windpower
CHARLOTTE, N.C., Sept. 21, 2021 /PRNewswire/ -- Duke Energy Sustainable Solutions,* a nonregulated commercial brand of Duke Energy (NYSE: DUK), today announced the construction of the 207-megawatt (MW) ...
Duke Energy helps four Indiana communities prepare sites to bring local investment, jobs
PLAINFIELD, Ind., Sept. 20, 2021 /PRNewswire/ -- Duke Energy has selected four properties in Carroll, Clark, Posey and Tippecanoe counties in Indiana for inclusion in its 2021 Site Readiness Program, wh...
Duke Energy (DUK) Completes First Phase of DEI Interest Sale
Duke Energy (DUK) completes its pre-announced first phase 11.05% interest sale of its subsidiary Duke Energy Indiana to GIC for $1.025 billion.
Duke Energy connects Indiana customers to utility assistance; provides energy-saving tips
PLAINFIELD, Ind., Sept. 8, 2021 /PRNewswire/ -- With rising summer temperatures threatening to cause even more financial hardship for people struggling to pay their energy bills, Duke Energy is continui...
Duke Energy's (DUK) Unit Inks Deal for Possible Rate Hike
Duke Energy Corp's (DUK) subsidiary, Piedmont Natural Gas, inks an agreement to increase the energy rate for its North Carolina customers to recoup investments. The move is subject to approval from the ...
Piedmont Natural Gas reaches rate case agreement with key groups in North Carolina
CHARLOTTE, N.C., Sept. 7, 2021 /PRNewswire/ -- Piedmont Natural Gas has reached an agreement with consumer and industrial groups in North Carolina for its rate review request, filed in March of this year.
Duke Energy's (DUK) Arm to Reduce Energy Bills in Florida
Teaser- Duke Energy Corp's (DUK) subsidiary, Duke Energy Florida, announces plans to reduce rate hike impact on customer bills by 33%.
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Duke Energy Florida seeks to reduce 2022 bill impacts by 33%
ST. PETERSBURG, Fla., Sept. 3, 2021 /PRNewswire/ -- Duke Energy Florida is proposing measures to cut the impact of new rates that take effect in January of 2022 by roughly a third.
Piedmont Natural Gas connects customers to utility assistance; provides energy-saving tips
CHARLOTTE, N.C., Sept. 2, 2021 /PRNewswire/ -- With many customers across its three-state territory experiencing financial hardship and struggling to pay their energy bills, Piedmont Natural Gas continu...
Hurricane Ida Hits Louisiana Hard: 4 Utilities in Spotlight
Accuweather's Dr. Joel N. Myers forecasts total damage and economic loss from Hurricane Ida to be between $70 billion and $80 billion.
Duke Energy Helps Build South Carolina Workforce With Nearly $200,000 In Grants With Focus On Veterans, Underserved C...
GREENVILLE, S.C., Sept. 2, 2021 /PRNewswire/ -- The Duke Energy Foundation has awarded nearly $200,000 in grants to 10 South Carolina organizations focused on building and enhancing strategic engineerin...
Duke Energy connects Florida customers to utility assistance; provides energy-saving tips
ST. PETERSBURG, Fla., Sept. 1, 2021 /PRNewswire/ -- With rising summer temperatures threatening to cause even more financial hardship for people struggling to pay their energy bills, Duke Energy continu...
4 Utilities Poised to Gain From Improving Electric Demand
Electric utilities like Duke Energy (DUK), Hawaiian Electric (HE), FirstEnergy (FE) and CenterPoint Energy (CNP) are poised to gain from the resumption of economic activities and the recovery in demand.
AES, Borrego Team Up to Build Solar Projects in Michigan
AES Corp (AES) has partnered with Borrego to build three utility scale solar projects of capacity 72 MW-DC in Michigan. The project is likely to serve more than 9000 Michigan households.
Statement by Duke Energy CEO Lynn Good following White House Cybersecurity Summit
CHARLOTTE, N.C., Aug. 25, 2021 /PRNewswire/ -- Duke Energy (NYSE: DUK) today issued the following statement by Chair, President and CEO Lynn Good.
Duke Energy connects North Carolina customers to utility assistance; provides energy-saving tips
CHARLOTTE, N.C., Aug. 25, 2021 /PRNewswire/ -- With rising summer temperatures threatening to cause even more financial hardship for people struggling to pay their energy bills, Duke Energy continues to...
Duke Energy connects South Carolina customers to utility assistance; provides energy-saving tips
GREENVILLE, S.C., Aug. 25, 2021 /PRNewswire/ -- With rising summer temperatures threatening to cause even more financial hardship for people struggling to pay their energy bills, Duke Energy is connecti...
Duke Energy (DUK) to Co-Develop Methane Detection Platform
Duke Energy (DUK) along with Accenture and Microsoft is set to develop a methane monitoring platform for more accurate and expedited detection of methane leaks.
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Duke Energy Partners With Accenture, Microsoft For Methane-Emissions Monitoring Platform
Duke Energy Corp (NYSE: DUK) is working with Accenture Plc (NYSE: ACN) and Microsoft Corp (NASDAQ: MSFT) on the development of a new technology platform designed to measure actual baseline methane emiss...
PPL Signs a Pact for Rate Cut, To See Savings From December
PPL's unit PPL Electric Utilities inks a deal to lower customer bills, starting this December, if approved by the Federal Energy Regulatory Commission.