Duke Energy (NYSE:DUK) Releases FY 2025 Earnings Guidance

Duke Energy (NYSE:DUK) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 6.250-6.350 for the period, compared to the consensus EPS estimate of 6.320. The company issued revenue guidance of -.

Analysts Set New Price Targets

DUK has been the topic of a number of recent analyst reports. Evercore ISI initiated coverage on Duke Energy in a report on Monday, October 6th. They set an “outperform” rating and a $143.00 price target on the stock. UBS Group lifted their target price on Duke Energy from $131.00 to $137.00 and gave the company a “neutral” rating in a research note on Friday, October 10th. Scotiabank set a $137.00 price objective on shares of Duke Energy and gave the company a “sector outperform” rating in a report on Friday, October 3rd. Morgan Stanley lifted their price objective on shares of Duke Energy from $127.00 to $136.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Wells Fargo & Company upgraded shares of Duke Energy to a “hold” rating in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Duke Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $138.00.

Duke Energy Price Performance

Duke Energy stock traded down $0.36 during mid-day trading on Friday, reaching $123.64. 5,456,734 shares of the company’s stock traded hands, compared to its average volume of 3,392,541. Duke Energy has a 12-month low of $105.20 and a 12-month high of $130.03. The company has a quick ratio of 0.42, a current ratio of 0.66 and a debt-to-equity ratio of 1.55. The stock has a 50 day moving average of $123.95 and a two-hundred day moving average of $120.82. The company has a market cap of $96.15 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 3.05 and a beta of 0.45.

Duke Energy (NYSE:DUK) last announced its earnings results on Thursday, November 6th. The utilities provider reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.06. The firm had revenue of $8.54 billion for the quarter, compared to analysts’ expectations of $8.51 billion. Duke Energy had a net margin of 15.51% and a return on equity of 9.85%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.62 EPS. Equities analysts forecast that Duke Energy will post 6.33 earnings per share for the current year.

Duke Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 16th. Stockholders of record on Friday, November 14th will be given a dividend of $1.065 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.26 annualized dividend and a dividend yield of 3.4%. Duke Energy’s payout ratio is currently 69.27%.

Insiders Place Their Bets

In other news, SVP Bonnie B. Titone sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $124.38, for a total value of $248,760.00. Following the completion of the sale, the senior vice president owned 19,608 shares in the company, valued at approximately $2,438,843.04. This trade represents a 9.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas Preston Jr. Gillespie sold 6,700 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $124.26, for a total transaction of $832,542.00. Following the transaction, the executive vice president owned 46,422 shares in the company, valued at $5,768,397.72. The trade was a 12.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.14% of the stock is owned by company insiders.

Hedge Funds Weigh In On Duke Energy

Large investors have recently bought and sold shares of the business. Canada Pension Plan Investment Board grew its position in Duke Energy by 4.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 986,253 shares of the utilities provider’s stock valued at $116,378,000 after acquiring an additional 43,928 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Duke Energy by 1.3% in the second quarter. California State Teachers Retirement System now owns 931,644 shares of the utilities provider’s stock worth $109,934,000 after purchasing an additional 11,775 shares during the last quarter. Soroban Capital Partners LP increased its stake in Duke Energy by 17.5% in the 2nd quarter. Soroban Capital Partners LP now owns 570,458 shares of the utilities provider’s stock worth $67,314,000 after buying an additional 84,781 shares during the period. CANADA LIFE ASSURANCE Co lifted its holdings in Duke Energy by 8.2% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 458,088 shares of the utilities provider’s stock valued at $54,094,000 after buying an additional 34,834 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in Duke Energy by 4.5% in the 2nd quarter. Captrust Financial Advisors now owns 437,782 shares of the utilities provider’s stock valued at $51,658,000 after buying an additional 18,910 shares during the period. Hedge funds and other institutional investors own 65.31% of the company’s stock.

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.