Scotiabank Comments on Duke Energy FY2026 Earnings

Duke Energy Co. (NYSE:DUKFree Report) – Stock analysts at Scotiabank issued their FY2026 earnings estimates for Duke Energy in a report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel anticipates that the utilities provider will post earnings per share of $6.72 for the year. Scotiabank currently has a “Sector Perform” rating and a $120.00 target price on the stock. The consensus estimate for Duke Energy’s current full-year earnings is $5.95 per share.

DUK has been the subject of a number of other reports. Barclays lifted their price objective on shares of Duke Energy from $102.00 to $118.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. Morgan Stanley cut their price target on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating on the stock in a report on Friday, November 22nd. Mizuho upgraded shares of Duke Energy from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $116.00 to $121.00 in a report on Tuesday, October 15th. Jefferies Financial Group started coverage on shares of Duke Energy in a report on Thursday, September 19th. They set a “buy” rating and a $138.00 price target on the stock. Finally, BMO Capital Markets boosted their price target on shares of Duke Energy from $120.00 to $126.00 and gave the stock an “outperform” rating in a report on Wednesday, September 18th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $122.23.

Read Our Latest Stock Analysis on Duke Energy

Duke Energy Stock Up 1.4 %

Shares of NYSE DUK opened at $108.30 on Friday. The stock has a market capitalization of $83.66 billion, a P/E ratio of 19.91, a P/E/G ratio of 2.90 and a beta of 0.49. The company has a 50-day moving average price of $111.14 and a 200-day moving average price of $111.59. Duke Energy has a 1 year low of $90.09 and a 1 year high of $121.25. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.70 and a quick ratio of 0.45.

Duke Energy (NYSE:DUKGet Free Report) last issued its quarterly earnings data on Thursday, November 7th. The utilities provider reported $1.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.11). The business had revenue of $8.16 billion for the quarter, compared to analyst estimates of $8.06 billion. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.94 earnings per share.

Institutional Trading of Duke Energy

Several hedge funds have recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC bought a new stake in shares of Duke Energy in the third quarter valued at approximately $29,000. Northwest Investment Counselors LLC bought a new stake in shares of Duke Energy in the third quarter valued at approximately $30,000. Reston Wealth Management LLC bought a new stake in shares of Duke Energy in the third quarter valued at approximately $38,000. Catalyst Capital Advisors LLC raised its position in shares of Duke Energy by 100.0% in the third quarter. Catalyst Capital Advisors LLC now owns 334 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 167 shares during the period. Finally, Carolina Wealth Advisors LLC raised its position in shares of Duke Energy by 82.7% in the third quarter. Carolina Wealth Advisors LLC now owns 360 shares of the utilities provider’s stock valued at $42,000 after purchasing an additional 163 shares during the period. Institutional investors own 65.31% of the company’s stock.

Duke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 14th will be given a $1.045 dividend. This represents a $4.18 annualized dividend and a yield of 3.86%. Duke Energy’s dividend payout ratio is 76.84%.

Duke Energy Company Profile

(Get Free Report)

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.

See Also

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

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