Q2 EPS Estimates for Duke Energy Boosted by Zacks Research

Key Points

• Zacks Research has raised its Q2 2026 earnings estimate for Duke Energy to $1.33 per share, slightly above the previous estimate of $1.32.
• Citigroup has upgraded its price target on Duke Energy to $142.00, maintaining a "buy" rating, while analysts generally have a consensus rating of "Moderate Buy" for the stock.
• Duke Energy will pay a quarterly dividend of $1.065 on September 16th, reflecting an increase from the prior quarterly dividend of $1.05, resulting in an annualized yield of 3.55%.

Duke Energy Corporation (NYSE:DUK - Free Report) - Research analysts at Zacks Research upped their Q2 2026 earnings estimates for Duke Energy in a note issued to investors on Wednesday, July 23rd. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.33 per share for the quarter, up from their prior estimate of $1.32. The consensus estimate for Duke Energy's current full-year earnings is $6.33 per share. Zacks Research also issued estimates for Duke Energy's Q3 2026 earnings at $1.85 EPS.

Duke Energy (NYSE:DUK - Get Free Report) last announced its earnings results on Tuesday, May 6th. The utilities provider reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.17. Duke Energy had a net margin of 15.40% and a return on equity of 9.88%. The company had revenue of $8.25 billion during the quarter, compared to the consensus estimate of $7.70 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The company's revenue was up 7.5% on a year-over-year basis.

Other equities research analysts also recently issued research reports about the stock. Wells Fargo & Company upped their target price on shares of Duke Energy from $127.00 to $138.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. BMO Capital Markets lowered their target price on shares of Duke Energy from $128.00 to $123.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. UBS Group reaffirmed a "neutral" rating and issued a $127.00 target price (up previously from $124.00) on shares of Duke Energy in a research note on Friday, July 11th. Raymond James Financial assumed coverage on shares of Duke Energy in a research report on Friday, June 13th. They set a "market perform" rating for the company. Finally, Morgan Stanley decreased their target price on shares of Duke Energy from $125.00 to $124.00 and set an "equal weight" rating for the company in a research report on Wednesday, June 18th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $127.25.

Duke Energy Trading Up 0.2%

NYSE DUK traded up $0.25 during trading hours on Monday, hitting $120.73. The company's stock had a trading volume of 375,886 shares, compared to its average volume of 3,560,148. The stock has a fifty day moving average of $117.09 and a 200 day moving average of $116.70. Duke Energy has a twelve month low of $105.20 and a twelve month high of $125.27. The firm has a market capitalization of $93.84 billion, a P/E ratio of 20.05, a PEG ratio of 2.99 and a beta of 0.37. The company has a quick ratio of 0.50, a current ratio of 0.77 and a debt-to-equity ratio of 1.57.

Duke Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Friday, August 15th will be paid a dividend of $1.065 per share. This represents a $4.26 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date is Friday, August 15th. This is a boost from Duke Energy's previous quarterly dividend of $1.05. Duke Energy's dividend payout ratio (DPR) is currently 69.32%.

Institutional Trading of Duke Energy

Hedge funds have recently modified their holdings of the stock. Activest Wealth Management lifted its stake in shares of Duke Energy by 98.1% during the 1st quarter. Activest Wealth Management now owns 212 shares of the utilities provider's stock worth $26,000 after buying an additional 105 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in Duke Energy in the 1st quarter worth about $27,000. Wayfinding Financial LLC acquired a new stake in Duke Energy in the 1st quarter worth about $27,000. Mattson Financial Services LLC acquired a new stake in Duke Energy in the 4th quarter worth about $28,000. Finally, Mascoma Wealth Management LLC raised its stake in Duke Energy by 53.7% in the 2nd quarter. Mascoma Wealth Management LLC now owns 249 shares of the utilities provider's stock worth $29,000 after purchasing an additional 87 shares in the last quarter. Institutional investors and hedge funds own 65.31% of the company's stock.

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.