FY2025 EPS Estimates for Duke Energy Cut by Seaport Res Ptn

Key Points

• Seaport Res Ptn has lowered its FY2025 earnings per share estimate for Duke Energy from $6.34 to $6.31, just below the consensus estimate of $6.33.
• Duke Energy's quarterly dividend has been increased to $1.065, reflecting a yield of 3.57%, with a payout ratio of 69.32%.
• Analysts show mixed sentiments on Duke Energy, with seven analysts rating it as a hold and ten advising a buy, while price targets vary from $124.00 to $138.00.

Duke Energy Corporation (NYSE:DUK - Free Report) - Investment analysts at Seaport Res Ptn lowered their FY2025 earnings per share estimates for Duke Energy in a research report issued to clients and investors on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings of $6.31 per share for the year, down from their previous forecast of $6.34. The consensus estimate for Duke Energy's current full-year earnings is $6.33 per share. Seaport Res Ptn also issued estimates for Duke Energy's FY2026 earnings at $6.68 EPS.

Other equities analysts have also issued reports about the company. Citigroup upped their target price on Duke Energy from $130.00 to $142.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. The Goldman Sachs Group set a $132.00 price objective on Duke Energy in a report on Tuesday, July 1st. Morgan Stanley cut their price objective on Duke Energy from $125.00 to $124.00 and set an "equal weight" rating for the company in a report on Wednesday, June 18th. UBS Group reiterated a "neutral" rating and issued a $127.00 price objective (up from $124.00) on shares of Duke Energy in a report on Friday, July 11th. Finally, Raymond James Financial initiated coverage on Duke Energy in a report on Friday, June 13th. They set a "market perform" rating for the company. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $127.25.

Duke Energy Stock Performance

Shares of NYSE:DUK traded up $1.23 during midday trading on Wednesday, reaching $121.71. 5,202,176 shares of the company traded hands, compared to its average volume of 2,399,792. 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 has a 12 month low of $105.20 and a 12 month high of $125.27. The firm has a market capitalization of $94.60 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 3.01 and a beta of 0.37. The firm's fifty day moving average price is $117.22 and its two-hundred day moving average price is $116.81.

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

Duke Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Friday, August 15th will be issued a $1.065 dividend. This is an increase from Duke Energy's previous quarterly dividend of $1.05. The ex-dividend date is Friday, August 15th. This represents a $4.26 annualized dividend and a yield of 3.5%. Duke Energy's dividend payout ratio (DPR) is 69.32%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Activest Wealth Management raised its position in shares of Duke Energy by 98.1% in the 1st quarter. Activest Wealth Management now owns 212 shares of the utilities provider's stock worth $26,000 after acquiring an additional 105 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Duke Energy in the 1st quarter worth approximately $27,000. Wayfinding Financial LLC bought a new position in shares of Duke Energy in the 1st quarter worth approximately $27,000. Mattson Financial Services LLC bought a new position in shares of Duke Energy in the 4th quarter worth approximately $28,000. Finally, Mascoma Wealth Management LLC raised its position in shares of 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 acquiring an additional 87 shares in the last quarter. Institutional investors own 65.31% of the company's stock.

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.