Duke Energy (NYSE:DUK) Releases Earnings Results, Beats Estimates By $0.05 EPS

Duke Energy (NYSE:DUK) released its quarterly earnings results on Thursday. The utilities provider reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.05, Zacks reports. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. Duke Energy updated its FY 2025 guidance to 6.170-6.420 EPS.

Duke Energy Trading Down 2.6 %

Shares of DUK traded down $3.02 on Thursday, reaching $113.35. 3,014,521 shares of the company’s stock were exchanged, compared to its average volume of 3,171,373. The company has a current ratio of 0.70, a quick ratio of 0.45 and a debt-to-equity ratio of 1.55. The stock has a market capitalization of $87.56 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 2.83 and a beta of 0.50. The business has a 50 day moving average price of $109.86 and a two-hundred day moving average price of $112.93. Duke Energy has a 12 month low of $90.09 and a 12 month high of $121.25.

Duke Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 14th will be paid a dividend of $1.045 per share. This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date of this dividend is Friday, February 14th. Duke Energy’s dividend payout ratio (DPR) is 76.84%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. KeyCorp downgraded shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 22nd. Scotiabank lifted their target price on shares of Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a report on Thursday, December 12th. Morgan Stanley dropped their target price on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Finally, BMO Capital Markets lifted their target price on shares of Duke Energy from $119.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Duke Energy has an average rating of “Moderate Buy” and a consensus price target of $122.08.

Duke Energy Company Profile

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.