News articles about Duke Energy Corporation (NYSE:DUK) have been trending somewhat positive on Wednesday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Duke Energy Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 45.8181289404123 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- The Coming Solar Eclipse Is a Big Moment for Natural Gas – Fortune (fortune.com)
- Duke Energy Corporation’s (DUK) “Hold” Rating Reaffirmed at Deutsche Bank AG (americanbankingnews.com)
- Watchdog groups question future of nuclear power (goupstate.com)
- BAT taps investors in $15bn corporate bond sale (bizjournals.com)
- The truth about Coal Plants and health risks! (joy105.com)
Several research analysts recently weighed in on DUK shares. Deutsche Bank AG lifted their price target on Duke Energy Corporation from $81.00 to $83.00 and gave the company a “hold” rating in a research report on Tuesday, April 11th. Barclays PLC reiterated an “equal weight” rating and set a $88.00 price target (up from $82.00) on shares of Duke Energy Corporation in a research report on Sunday, April 23rd. Zacks Investment Research lowered Duke Energy Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. BMO Capital Markets reissued a “hold” rating and issued a $81.00 price objective on shares of Duke Energy Corporation in a report on Friday, April 28th. Finally, BidaskClub lowered Duke Energy Corporation from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $82.58.
Shares of Duke Energy Corporation (DUK) traded down 0.46% during mid-day trading on Wednesday, hitting $86.20. The stock had a trading volume of 2,115,384 shares. The stock has a 50 day moving average price of $84.87 and a 200-day moving average price of $82.44. The company has a market cap of $60.33 billion, a PE ratio of 27.49 and a beta of 0.24. Duke Energy Corporation has a 52-week low of $72.34 and a 52-week high of $87.75.
Duke Energy Corporation (NYSE:DUK) last released its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $1.01 earnings per share for the quarter, meeting the consensus estimate of $1.01. Duke Energy Corporation had a return on equity of 7.72% and a net margin of 9.89%. The firm had revenue of $5.56 billion during the quarter, compared to the consensus estimate of $5.76 billion. During the same period last year, the business posted $1.07 EPS. Duke Energy Corporation’s quarterly revenue was up 6.6% on a year-over-year basis. On average, equities analysts expect that Duke Energy Corporation will post $4.60 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Friday, August 18th will be paid a $0.89 dividend. This is an increase from Duke Energy Corporation’s previous quarterly dividend of $0.86. This represents a $3.56 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend is Wednesday, August 16th. Duke Energy Corporation’s dividend payout ratio (DPR) is presently 101.48%.
In related news, Director E Marie Mckee sold 1,937 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $85.29, for a total value of $165,206.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Theodore F. Craver, Jr. acquired 3,500 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The stock was purchased at an average cost of $83.73 per share, with a total value of $293,055.00. Following the completion of the purchase, the director now directly owns 5,706 shares in the company, valued at $477,763.38. The disclosure for this purchase can be found here. Company insiders own 0.07% of the company’s stock.
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Duke Energy Corporation Company Profile
Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.
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