FY2027 Earnings Estimate for Duke Energy Issued By KeyCorp

Duke Energy Corporation (NYSE:DUK) – Research analysts at KeyCorp issued their FY2027 earnings per share (EPS) estimates for shares of Duke Energy in a report issued on Wednesday, October 15th. KeyCorp analyst S. Karp expects that the utilities provider will earn $7.11 per share for the year. The consensus estimate for Duke Energy’s current full-year earnings is $6.33 per share. KeyCorp also issued estimates for Duke Energy’s FY2028 earnings at $7.59 EPS.

DUK has been the subject of several other reports. UBS Group upped their price objective on Duke Energy from $131.00 to $137.00 and gave the stock a “neutral” rating in a research note on Friday, October 10th. Scotiabank set a $137.00 target price on shares of Duke Energy and gave the stock a “sector outperform” rating in a report on Friday, October 3rd. The Goldman Sachs Group set a $132.00 target price on shares of Duke Energy in a report on Tuesday, July 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Duke Energy in a report on Wednesday, October 8th. Finally, TD Cowen initiated coverage on shares of Duke Energy in a report on Thursday, October 16th. They issued a “buy” rating and a $143.00 target price for the company. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Duke Energy currently has a consensus rating of “Moderate Buy” and an average price target of $137.71.

Duke Energy Trading Down 0.5%

NYSE:DUK opened at $128.25 on Monday. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.66 and a quick ratio of 0.42. The firm has a market capitalization of $99.73 billion, a price-to-earnings ratio of 20.85, a price-to-earnings-growth ratio of 3.17 and a beta of 0.44. Duke Energy has a one year low of $105.20 and a one year high of $129.51. The business has a fifty day moving average price of $123.48 and a 200-day moving average price of $120.23.

Duke Energy (NYSE:DUK) last posted its quarterly earnings data on Tuesday, August 5th. The utilities provider reported $1.25 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.04). The company had revenue of $7.51 billion during the quarter, compared to analysts’ expectations of $7.07 billion. Duke Energy had a return on equity of 9.85% and a net margin of 15.51%.The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $1.18 earnings per share. Duke Energy has set its FY 2025 guidance at 6.170-6.420 EPS.

Duke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 16th. Shareholders of record on Friday, November 14th will be issued a dividend of $1.065 per share. This represents a $4.26 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, November 14th. Duke Energy’s dividend payout ratio is 69.27%.

Insider Activity

In other Duke Energy news, EVP Thomas Preston Jr. Gillespie sold 6,700 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $124.26, for a total transaction of $832,542.00. Following the completion of the transaction, the executive vice president owned 46,422 shares of the company’s stock, valued at $5,768,397.72. This represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Bonnie B. Titone sold 2,000 shares of the stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $124.38, for a total transaction of $248,760.00. Following the transaction, the senior vice president directly owned 19,608 shares of the company’s stock, valued at $2,438,843.04. This trade represents a 9.26% decrease in their position. The disclosure for this sale can be found here. 0.14% of the stock is owned by corporate insiders.

Institutional Trading of Duke Energy

Several hedge funds have recently made changes to their positions in the business. Pflug Koory LLC raised its position in shares of Duke Energy by 3.0% during the 3rd quarter. Pflug Koory LLC now owns 2,694 shares of the utilities provider’s stock valued at $333,000 after buying an additional 79 shares in the last quarter. WealthShield Partners LLC raised its position in shares of Duke Energy by 0.3% during the 2nd quarter. WealthShield Partners LLC now owns 25,453 shares of the utilities provider’s stock valued at $3,003,000 after buying an additional 80 shares in the last quarter. Cypress Wealth Services LLC raised its position in shares of Duke Energy by 1.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 5,048 shares of the utilities provider’s stock valued at $625,000 after buying an additional 82 shares in the last quarter. Reyes Financial Architecture Inc. raised its position in shares of Duke Energy by 4.8% during the 1st quarter. Reyes Financial Architecture Inc. now owns 1,827 shares of the utilities provider’s stock valued at $223,000 after buying an additional 83 shares in the last quarter. Finally, Lokken Investment Group LLC raised its position in shares of Duke Energy by 3.3% during the 1st quarter. Lokken Investment Group LLC now owns 2,633 shares of the utilities provider’s stock valued at $321,000 after buying an additional 84 shares in the last quarter. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

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.