Q3 EPS Estimates for Duke Energy Raised by Zacks Research

Duke Energy Co. (NYSE:DUKFree Report) – Investment analysts at Zacks Research upped their Q3 2026 EPS estimates for Duke Energy in a research note issued to investors on Thursday, March 6th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $1.79 for the quarter, up from their previous estimate of $1.77. The consensus estimate for Duke Energy’s current full-year earnings is $6.33 per share.

Several other equities analysts have also recently issued reports on DUK. BMO Capital Markets lifted their price objective on Duke Energy from $123.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday. Scotiabank boosted their price target 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. Guggenheim raised their price objective on shares of Duke Energy from $132.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, March 5th. Jefferies Financial Group boosted their target price on shares of Duke Energy from $129.00 to $132.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Finally, JPMorgan Chase & Co. increased their target price on Duke Energy from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Tuesday. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Duke Energy currently has an average rating of “Moderate Buy” and a consensus target price of $122.93.

Get Our Latest Stock Report on Duke Energy

Duke Energy Trading Down 0.6 %

DUK opened at $117.76 on Monday. The business has a fifty day moving average price of $112.22 and a 200 day moving average price of $113.34. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.67 and a quick ratio of 0.44. Duke Energy has a 12 month low of $92.75 and a 12 month high of $121.25. The stock has a market capitalization of $91.43 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 2.79 and a beta of 0.48.

Duke Energy (NYSE:DUKGet Free Report) last issued its quarterly earnings results on Thursday, February 13th. The utilities provider reported $1.66 EPS for the quarter, beating the consensus estimate of $1.61 by $0.05. Duke Energy had a net margin of 14.90% and a return on equity of 9.50%.

Duke Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be paid a dividend of $1.045 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $4.18 annualized dividend and a dividend yield of 3.55%. Duke Energy’s dividend payout ratio (DPR) is 73.20%.

Hedge Funds Weigh In On Duke Energy

Several institutional investors have recently added to or reduced their stakes in DUK. Mattson Financial Services LLC acquired a new stake in shares of Duke Energy in the 4th quarter worth $28,000. Vermillion Wealth Management Inc. acquired a new stake in Duke Energy in the fourth quarter valued at about $27,000. Legacy Investment Solutions LLC purchased a new stake in Duke Energy in the 3rd quarter valued at approximately $29,000. Parkworth Wealth Management Inc. purchased a new position in shares of Duke Energy during the 4th quarter worth approximately $28,000. Finally, WealthTrak Capital Management LLC acquired a new stake in shares of Duke Energy in the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 65.31% of the company’s stock.

Duke Energy Company Profile

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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.

See Also

Earnings History and Estimates for Duke Energy (NYSE:DUK)

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