Duke Energy (NYSE:DUK) updated its FY 2020
Pre-Market earnings guidance on Thursday. The company provided earnings per share guidance of 5.05-5.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.16. Duke Energy also updated its FY20 guidance to $5.05-5.45 EPS.

Several equities analysts have weighed in on the company. Citigroup cut their target price on Duke Energy from $94.00 to $93.00 and set a neutral rating on the stock in a research note on Friday, January 17th. Zacks Investment Research lowered Duke Energy from a hold rating to a sell rating and set a $99.00 target price on the stock. in a research note on Tuesday, January 21st. UBS Group reaffirmed a buy rating and set a $105.00 price target on shares of Duke Energy in a research report on Thursday, January 2nd. Mizuho started coverage on Duke Energy in a research report on Friday, November 22nd. They set a neutral rating and a $90.00 price target on the stock. Finally, Evercore ISI reaffirmed a hold rating and set a $92.00 price target on shares of Duke Energy in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $97.42.

Shares of NYSE DUK traded up $1.17 during mid-day trading on Friday, reaching $101.28. 6,299,852 shares of the company’s stock were exchanged, compared to its average volume of 3,146,088. The firm has a market capitalization of $70.15 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 3.84 and a beta of 0.07. The company has a current ratio of 0.72, a quick ratio of 0.49 and a debt-to-equity ratio of 1.24. The business has a fifty day simple moving average of $93.93 and a 200 day simple moving average of $92.33. Duke Energy has a twelve month low of $84.28 and a twelve month high of $101.77.

Duke Energy (NYSE:DUK) last released its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.91 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.04. The company had revenue of $6.10 billion for the quarter, compared to analyst estimates of $6.54 billion. Duke Energy had a return on equity of 8.24% and a net margin of 14.10%. Duke Energy’s revenue was down .2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.84 earnings per share. Equities research analysts predict that Duke Energy will post 5.03 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 14th will be given a dividend of $0.945 per share. This represents a $3.78 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date is Thursday, February 13th. Duke Energy’s dividend payout ratio is currently 80.08%.

About Duke Energy

Duke Energy Corp. engages in distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio.

Featured Article: How does quantitative easing work?

Earnings History and Estimates for Duke Energy (NYSE:DUK)

Receive News & Ratings for Duke Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Energy and related companies with MarketBeat.com's FREE daily email newsletter.