Duke Energy (DUK) to Release Earnings on Thursday

Duke Energy (NYSE:DUK) is expected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Duke Energy to post earnings of $1.61 per share and revenue of $7.65 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Duke Energy Stock Up 1.0 %

Shares of NYSE DUK opened at $116.70 on Wednesday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.45 and a current ratio of 0.70. The firm has a market cap of $90.15 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 2.83 and a beta of 0.50. Duke Energy has a 1 year low of $90.09 and a 1 year high of $121.25. The stock’s 50-day simple moving average is $109.74 and its 200-day simple moving average is $112.85.

Duke Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be given a dividend of $1.045 per share. The ex-dividend date is Friday, February 14th. This represents a $4.18 annualized dividend and a dividend yield of 3.58%. Duke Energy’s dividend payout ratio is presently 76.84%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Mizuho raised Duke Energy from a “neutral” rating to an “outperform” rating and upped their price target for the company from $116.00 to $121.00 in a report on Tuesday, October 15th. Morgan Stanley decreased their price objective on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. KeyCorp cut shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 22nd. Scotiabank upped their price objective on shares of Duke Energy from $113.00 to $120.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Finally, BMO Capital Markets increased their price target on shares of Duke Energy from $119.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $122.08.

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.