News coverage about Duke Energy Corporation (NYSE:DUK) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Duke Energy Corporation earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 46.8885118494174 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Duke Energy rate request being negotiated with regulators (marketbeat.com)
- Coal ash is focus in Duke Energy’s $478M rate increase bid (seattletimes.com)
- Duke Energy speaks out against phone scammers (wcnc.com)
- NextEra Energy’s Expected Dividend Growth and Payout Ratio (marketrealist.com)
- Duke Energy: UNCC study of ash is sound (charlotteobserver.com)
A number of analysts have commented on the stock. Zacks Investment Research upgraded shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a research note on Monday, October 30th. BidaskClub raised shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Bank of America Corporation reissued a “neutral” rating and issued a $92.00 price objective on shares of Duke Energy Corporation in a research report on Tuesday, October 24th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $88.00 price objective on shares of Duke Energy Corporation in a research report on Thursday, October 12th. Finally, Morgan Stanley increased their price objective on shares of Duke Energy Corporation from $89.00 to $92.00 and gave the company an “equal weight” rating in a research report on Friday, September 8th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. Duke Energy Corporation currently has a consensus rating of “Hold” and an average target price of $86.90.
Duke Energy Corporation (DUK) traded down $0.69 during trading hours on Monday, reaching $88.52. 2,652,700 shares of the company were exchanged, compared to its average volume of 2,588,295. Duke Energy Corporation has a 1-year low of $72.34 and a 1-year high of $91.80. The company has a market capitalization of $61,960.00, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 4.84 and a beta of 0.26. The company has a current ratio of 0.71, a quick ratio of 0.41 and a debt-to-equity ratio of 1.17.
Duke Energy Corporation (NYSE:DUK) last released its quarterly earnings results on Friday, November 3rd. The utilities provider reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Duke Energy Corporation had a net margin of 9.09% and a return on equity of 7.54%. The business had revenue of $6.48 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the firm earned $1.68 earnings per share. Duke Energy Corporation’s revenue for the quarter was down 1.4% compared to the same quarter last year. analysts anticipate that Duke Energy Corporation will post 4.56 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, November 17th will be given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date of this dividend is Thursday, November 16th. Duke Energy Corporation’s dividend payout ratio is 93.44%.
In other Duke Energy Corporation news, EVP Lloyd M. Yates sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $89.95, for a total value of $449,750.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.07% of the stock is owned by company insiders.
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Duke Energy Corporation 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.
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