Duke Energy Corp (DUK) Earning Somewhat Favorable Media Coverage, Report Finds

News stories about Duke Energy Corp (NYSE:DUK) have trended somewhat positive this week, AlphaOne Sentiment reports. The research group, a service of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Duke Energy Corp earned a media sentiment score of 0.21 on AlphaOne’s scale. AlphaOne also assigned press coverage about the utilities provider an impact score of 77 out of 100, meaning that recent news coverage is likely to have an effect on the stock’s share price in the next several days.

Here are some of the news stories that may have effected AlphaOne Sentiment Analysis’s rankings:

A number of analysts have weighed in on the stock. BMO Capital Markets reissued a “hold” rating and issued a $85.00 price target on shares of Duke Energy Corp in a report on Wednesday, May 10th. Zacks Investment Research cut shares of Duke Energy Corp from a “hold” rating to a “sell” rating in a research report on Monday, February 13th. Vetr upgraded shares of Duke Energy Corp from a “hold” rating to a “buy” rating and set a $80.10 target price for the company in a research report on Thursday, February 16th. Credit Suisse Group AG assumed coverage on shares of Duke Energy Corp in a research report on Wednesday, January 25th. They issued a “neutral” rating and a $81.00 price objective for the company. Finally, Barclays PLC restated an “equal weight” rating and issued a $88.00 price objective (up previously from $82.00) on shares of Duke Energy Corp in a research report on Sunday, April 23rd. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $81.19.

Duke Energy Corp (NYSE:DUK) opened at 83.37 on Friday. The company’s 50-day moving average is $82.63 and its 200-day moving average is $79.19. The firm has a market capitalization of $58.35 billion, a P/E ratio of 26.58 and a beta of 0.14. Duke Energy Corp has a one year low of $72.34 and a one year high of $87.75.

Duke Energy Corp (NYSE:DUK) last issued its quarterly earnings results on Tuesday, May 9th. The utilities provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.01. Duke Energy Corp had a return on equity of 8.20% and a net margin of 12.27%. The business had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $5.76 billion. During the same quarter in the prior year, the business posted $1.13 earnings per share. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Equities analysts forecast that Duke Energy Corp will post $4.61 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 16th. Investors of record on Friday, May 19th will be paid a dividend of $0.855 per share. The ex-dividend date of this dividend is Wednesday, May 17th. This is a positive change from Duke Energy Corp’s previous quarterly dividend of $0.19. This represents a $3.42 dividend on an annualized basis and a yield of 4.10%. Duke Energy Corp’s dividend payout ratio is presently 82.61%.

In other Duke Energy Corp news, Director Theodore F. Craver, Jr. purchased 3,500 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The stock was purchased at an average cost of $83.73 per share, with a total value of $293,055.00. Following the purchase, the director now owns 5,706 shares of the company’s stock, valued at $477,763.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP William E. Jr. Currens sold 600 shares of the firm’s stock in a transaction that occurred on Friday, February 24th. The stock was sold at an average price of $82.10, for a total value of $49,260.00. Following the sale, the senior vice president now directly owns 5,677 shares of the company’s stock, valued at $466,081.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 37,790 shares of company stock valued at $3,097,173. 0.08% of the stock is owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by BBNS and is the property of of BBNS. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark law. The original version of this piece of content can be read at https://baseballnewssource.com/markets/somewhat-favorable-media-coverage-likely-to-impact-duke-energy-corp-duk-share-price-updated-updated-updated/638126.html.

Duke Energy Corp Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

12 Month Chart for NYSE:DUK

Receive News & Ratings for Duke Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy Corp and related companies with our FREE daily email newsletter.

 


Latest News

MLB and Facebook Announce Live Streaming for Games
MLB and Facebook Announce Live Streaming for Games
Can Anyway Stop the Houston Astros?
Can Anyway Stop the Houston Astros?
Kevin Pillar Turns from Defense to Offense
Kevin Pillar Turns from Defense to Offense
Chris Iannetta Hit in Face with 93mph Fastball
Chris Iannetta Hit in Face with 93mph Fastball
Ryan Zimmerman Resurgence Once Again Helping Nationals
Ryan Zimmerman Resurgence Once Again Helping Nationals
Cody Bellinger Knocking the Cover Off the Ball
Cody Bellinger Knocking the Cover Off the Ball


Leave a Reply

 
© 2006-2017 BBNS.