Duke Energy (NYSE:DUK) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Duke Energy (NYSE:DUK) announced its earnings results on Thursday. The utilities provider reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.05, Zacks reports. Duke Energy had a net margin of 14.31% and a return on equity of 9.34%. Duke Energy updated its FY 2025 guidance to 6.170-6.420 EPS.

Duke Energy Trading Down 2.6 %

Shares of Duke Energy stock traded down $3.07 on Thursday, reaching $113.30. The company had a trading volume of 2,881,384 shares, compared to its average volume of 3,163,971. The firm’s 50 day moving average price is $109.86 and its two-hundred day moving average price is $112.93. The firm has a market cap of $87.52 billion, a PE ratio of 20.83, a PEG ratio of 2.83 and a beta of 0.50. Duke Energy has a 52-week low of $90.09 and a 52-week high of $121.25. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.45 and a current ratio of 0.70.

Duke Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be paid a $1.045 dividend. This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date of this dividend is Friday, February 14th. Duke Energy’s dividend payout ratio (DPR) is 76.84%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DUK. Morgan Stanley lowered 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 research report on Friday, November 22nd. KeyCorp lowered shares of Duke Energy from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 22nd. Scotiabank boosted their price target on shares of Duke Energy from $113.00 to $120.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 12th. Finally, BMO Capital Markets boosted 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 given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.