Duke Energy (DUK) to Release Earnings on Tuesday

Duke Energy (NYSE:DUK - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Duke Energy to post earnings of $1.60 per share and revenue of $7.70 billion for the quarter. Duke Energy has set its FY 2025 guidance at 6.170-6.420 EPS.

Duke Energy (NYSE:DUK - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The utilities provider reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.61 by $0.05. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. On average, analysts expect Duke Energy to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Duke Energy Stock Performance

Shares of NYSE:DUK traded down $0.71 during trading on Thursday, hitting $121.32. 2,609,531 shares of the stock traded hands, compared to its average volume of 3,383,387. The company has a quick ratio of 0.44, a current ratio of 0.67 and a debt-to-equity ratio of 1.52. The company has a fifty day moving average price of $118.95 and a two-hundred day moving average price of $114.57. Duke Energy has a 52-week low of $98.58 and a 52-week high of $125.27. The company has a market cap of $94.26 billion, a price-to-earnings ratio of 21.25, a P/E/G ratio of 2.79 and a beta of 0.39.

Duke Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 16th will be issued a $1.045 dividend. This represents a $4.18 dividend on an annualized basis and a yield of 3.45%. Duke Energy's payout ratio is 73.20%.

Hedge Funds Weigh In On Duke Energy

An institutional investor recently raised its position in Duke Energy stock. Brighton Jones LLC raised its position in Duke Energy Co. (NYSE:DUK - Free Report) by 11.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,754 shares of the utilities provider's stock after purchasing an additional 700 shares during the quarter. Brighton Jones LLC's holdings in Duke Energy were worth $728,000 as of its most recent SEC filing. 65.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their price target on Duke Energy from $114.00 to $121.00 and gave the company a "neutral" rating in a research note on Tuesday, March 11th. UBS Group upped their target price on Duke Energy from $123.00 to $127.00 and gave the stock a "neutral" rating in a research note on Friday, March 21st. Morgan Stanley lifted their price target on shares of Duke Energy from $123.00 to $128.00 and gave the company an "equal weight" rating in a research note on Thursday, March 20th. Jefferies Financial Group upped their price objective on shares of Duke Energy from $129.00 to $132.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Finally, Guggenheim lifted their target price on shares of Duke Energy from $132.00 to $135.00 and gave the company a "buy" rating in a research report on Wednesday, March 5th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Duke Energy currently has an average rating of "Moderate Buy" and a consensus target price of $123.87.

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.