Duke Energy (NYSE:DUK) Issues 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 -.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. UBS Group raised their target price on shares of Duke Energy from $131.00 to $137.00 and gave the stock a “neutral” rating in a research note on Friday, October 10th. JPMorgan Chase & Co. raised their price objective on shares of Duke Energy from $131.00 to $136.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. Weiss Ratings restated a “buy (b-)” rating on shares of Duke Energy in a research note on Wednesday, October 8th. Evercore ISI initiated coverage on Duke Energy in a research note on Monday, October 6th. They issued an “outperform” rating and a $143.00 price target for the company. Finally, Royal Bank Of Canada upgraded Duke Energy to a “hold” rating in a research report on Tuesday, October 28th. One research 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $138.00.

Duke Energy Price Performance

DUK stock opened at $123.64 on Friday. Duke Energy has a 52 week low of $105.20 and a 52 week high of $130.03. The firm has a market capitalization of $96.15 billion, a P/E ratio of 20.10, a price-to-earnings-growth ratio of 3.05 and a beta of 0.45. The company has a fifty day simple moving average of $123.97 and a two-hundred day simple moving average of $120.83. The company has a quick ratio of 0.42, a current ratio of 0.66 and a debt-to-equity ratio of 1.55.

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. Analysts anticipate that Duke Energy will post 6.33 earnings per share for the current fiscal year.

Duke Energy Dividend Announcement

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

Insider Activity at Duke Energy

In related news, SVP Bonnie B. Titone sold 2,000 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $124.38, for a total transaction of $248,760.00. Following the sale, the senior vice president owned 19,608 shares in the company, valued at approximately $2,438,843.04. This represents a 9.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Thomas Preston Jr. Gillespie sold 6,700 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $124.26, for a total value of $832,542.00. Following the completion of the sale, the executive vice president owned 46,422 shares of the company’s stock, valued at approximately $5,768,397.72. This represents a 12.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.14% of the company’s stock.

Institutional Trading of Duke Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Soroban Capital Partners LP lifted its stake in Duke Energy by 17.5% in the second quarter. Soroban Capital Partners LP now owns 570,458 shares of the utilities provider’s stock worth $67,314,000 after purchasing an additional 84,781 shares during the last quarter. Visionary Wealth Advisors lifted its stake in shares of Duke Energy by 879.4% during the 2nd quarter. Visionary Wealth Advisors now owns 61,849 shares of the utilities provider’s stock worth $7,298,000 after acquiring an additional 55,534 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in Duke Energy by 40.7% during the 2nd quarter. Quantinno Capital Management LP now owns 183,956 shares of the utilities provider’s stock valued at $21,707,000 after acquiring an additional 53,227 shares during the period. 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. Finally, Holocene Advisors LP grew its position in Duke Energy by 193.7% in the 2nd quarter. Holocene Advisors LP now owns 64,218 shares of the utilities provider’s stock valued at $7,578,000 after acquiring an additional 42,356 shares during the last quarter. 65.31% of the stock is owned by hedge funds and other institutional investors.

About Duke Energy

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.