Zacks reissued their neutral rating on shares of Duke Energy Corp. (NYSE:DUK) in a research report released on Tuesday morning, AnalystRatings.Net reports. Zacks currently has a $76.00 price objective on the stock.
A number of other firms have also recently commented on DUK. Analysts at CRT Capital initiated coverage on shares of Duke Energy Corp. in a research note to investors on Tuesday. They set a buy rating and a $76.00 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Duke Energy Corp. from $68.00 to $71.00 in a research note to investors on Monday, October 28th. Finally, analysts at Macquarie initiated coverage on shares of Duke Energy Corp. in a research note to investors on Tuesday, October 15th. They set a neutral rating on the stock. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $74.90.
Duke Energy Corp. (NYSE:DUK) traded down 0.49% during mid-day trading on Tuesday, hitting $72.85. 1,517,038 shares of the company’s stock traded hands. Duke Energy Corp. has a 52 week low of $59.63 and a 52 week high of $75.46. The stock has a 50-day moving average of $69. and a 200-day moving average of $69.18. The company has a market cap of $51.425 billion and a price-to-earnings ratio of 25.89.
Duke Energy Corp. (NYSE:DUK) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by $0.07. The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts predict that Duke Energy Corp. will post $4.30 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 16th. Investors of record on Friday, November 15th will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date of this dividend is Wednesday, November 13th.
Duke Energy Corporation (NYSE:DUK) is an energy company.
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