Zacks Research Lowers Earnings Estimates for Duke Energy

Duke Energy Co. (NYSE:DUK - Free Report) - Investment analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for shares of Duke Energy in a report released on Tuesday, May 27th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.66 per share for the quarter, down from their prior forecast of $1.71. 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 FY2025 earnings at $6.31 EPS.

DUK has been the subject of several other reports. BMO Capital Markets reduced their price target on Duke Energy from $128.00 to $123.00 and set an "outperform" rating for the company in a research report on Thursday, April 10th. Guggenheim upped their target price on Duke Energy from $132.00 to $135.00 and gave the company a "buy" rating in a research report on Wednesday, March 5th. Citigroup upped their target price on Duke Energy from $130.00 to $142.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. JPMorgan Chase & Co. upped their target price on Duke Energy from $114.00 to $121.00 and gave the company a "neutral" rating in a research report on Tuesday, March 11th. Finally, Barclays boosted their price target on Duke Energy from $111.00 to $123.00 and gave the company an "overweight" rating in a research note on Tuesday, April 8th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $125.81.

Duke Energy Stock Up 1.9%

Shares of DUK traded up $2.16 during trading hours on Friday, hitting $117.61. The company had a trading volume of 8,077,893 shares, compared to its average volume of 3,461,048. The company has a market capitalization of $91.41 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 2.79 and a beta of 0.39. The company has a current ratio of 0.67, a quick ratio of 0.44 and a debt-to-equity ratio of 1.52. Duke Energy has a one year low of $99.21 and a one year high of $125.27. The company's fifty day moving average price is $118.76 and its two-hundred day moving average price is $114.77.

Duke Energy (NYSE:DUK - Get Free Report) last issued its earnings results on Tuesday, May 6th. The utilities provider reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.17. The business had revenue of $8.25 billion during the quarter, compared to analyst estimates of $7.70 billion. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%. Duke Energy's revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.44 EPS.

Duke Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 16th will be given a dividend of $1.045 per share. The ex-dividend date is Friday, May 16th. This represents a $4.18 annualized dividend and a dividend yield of 3.55%. Duke Energy's dividend payout ratio is currently 69.32%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in Duke Energy by 11.6% during the fourth quarter. Brighton Jones LLC now owns 6,754 shares of the utilities provider's stock worth $728,000 after buying an additional 700 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Duke Energy by 54.8% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,121 shares of the utilities provider's stock worth $444,000 after buying an additional 1,458 shares in the last quarter. KBC Group NV boosted its holdings in Duke Energy by 7.1% during the fourth quarter. KBC Group NV now owns 62,674 shares of the utilities provider's stock worth $6,752,000 after buying an additional 4,131 shares in the last quarter. Perigon Wealth Management LLC boosted its holdings in Duke Energy by 23.6% during the fourth quarter. Perigon Wealth Management LLC now owns 13,042 shares of the utilities provider's stock worth $1,422,000 after buying an additional 2,491 shares in the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in shares of Duke Energy by 3.1% in the fourth quarter. Strategic Blueprint LLC now owns 20,740 shares of the utilities provider's stock valued at $2,234,000 after purchasing an additional 632 shares in the last quarter. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

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.