Duke Energy FY2025 EPS Estimate Decreased by Seaport Res Ptn

Duke Energy Corporation (NYSE:DUK) – Investment analysts at Seaport Res Ptn decreased their FY2025 earnings per share (EPS) estimates for shares of Duke Energy in a research report issued on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now anticipates that the utilities provider will post earnings of $6.31 per share for the year, down from their prior 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.

Duke Energy (NYSE:DUK) last announced its quarterly earnings results on Tuesday, May 6th. The utilities provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.17. The business had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $7.70 billion. Duke Energy had a return on equity of 9.88% and a net margin of 15.40%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.44 EPS.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group set a $132.00 price target on Duke Energy in a research note on Tuesday, July 1st. Citigroup lifted their price objective on Duke Energy from $130.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, May 7th. BMO Capital Markets cut their price objective on Duke Energy from $128.00 to $123.00 and set an “outperform” rating on the stock in a research report on Thursday, April 10th. Raymond James Financial began coverage on Duke Energy in a research report on Friday, June 13th. They issued a “market perform” rating on the stock. Finally, UBS Group reiterated a “neutral” rating and issued a $127.00 price objective (up from $124.00) on shares of Duke Energy in a research report on Friday, July 11th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $127.25.

Duke Energy Price Performance

Shares of Duke Energy stock opened at $120.58 on Wednesday. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.50. The business’s 50 day simple moving average is $117.09 and its two-hundred day simple moving average is $116.70. The stock has a market capitalization of $93.72 billion, a P/E ratio of 20.00, a price-to-earnings-growth ratio of 2.99 and a beta of 0.37. Duke Energy has a one year low of $105.20 and a one year high of $125.27.

Duke Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Friday, August 15th will be given a dividend of $1.065 per share. The ex-dividend date of this dividend is Friday, August 15th. This is a positive change from Duke Energy’s previous quarterly dividend of $1.05. This represents a $4.26 annualized dividend and a dividend yield of 3.53%. Duke Energy’s payout ratio is currently 69.32%.

Institutional Investors Weigh In On Duke Energy

Hedge funds have recently made changes to their positions in the company. Investment Management Corp of Ontario boosted its position in shares of Duke Energy by 212.8% during the fourth quarter. Investment Management Corp of Ontario now owns 79,989 shares of the utilities provider’s stock valued at $8,618,000 after purchasing an additional 54,413 shares in the last quarter. Andrew Hill Investment Advisors Inc. raised its stake in Duke Energy by 338.6% during the first quarter. Andrew Hill Investment Advisors Inc. now owns 37,763 shares of the utilities provider’s stock valued at $4,606,000 after buying an additional 29,153 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Duke Energy by 7.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 291,667 shares of the utilities provider’s stock valued at $35,575,000 after buying an additional 20,942 shares during the last quarter. Pinnacle Financial Partners Inc raised its stake in Duke Energy by 9.9% during the first quarter. Pinnacle Financial Partners Inc now owns 127,419 shares of the utilities provider’s stock valued at $14,451,000 after buying an additional 11,445 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. raised its stake in Duke Energy by 8.1% during the first quarter. Beacon Investment Advisory Services Inc. now owns 51,354 shares of the utilities provider’s stock valued at $6,264,000 after buying an additional 3,837 shares during the last quarter. 65.31% of the stock is currently owned by 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.