News stories about Duke Energy (NYSE:DUK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Duke Energy earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 45.5469729756963 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Duke and Krzyzewski anticipating Kansas’ moves ahead of Elite Eight matchup (kansan.com)
- SunTrust Banks Analysts Give Duke Energy (DUK) a $80.00 Price Target (americanbankingnews.com)
- OPINION: How the new Blue Horizons Project will help Asheville chart cleaner energy (citizen-times.com)
- Power play: Duke Energy wants to raise rates — and you probably won’t like why (greensboro.com)
- Duke Energy plans maintenance work (tribtown.com)
Several equities analysts have commented on DUK shares. Guggenheim reissued a “buy” rating and set a $96.00 price objective on shares of Duke Energy in a research report on Wednesday, January 3rd. Goldman Sachs lowered Duke Energy from a “buy” rating to a “neutral” rating and raised their price objective for the company from $80.11 to $88.00 in a research report on Wednesday, January 10th. SunTrust Banks set a $82.00 price objective on Duke Energy and gave the company a “hold” rating in a research report on Wednesday, January 3rd. Credit Suisse Group raised Duke Energy from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $91.00 to $83.00 in a research report on Tuesday, January 23rd. Finally, Wells Fargo reissued a “market perform” rating and set a $82.00 price objective (down previously from $92.00) on shares of Duke Energy in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $86.53.
Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Tuesday, February 20th. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.03. The firm had revenue of $5.85 billion during the quarter, compared to analyst estimates of $6.09 billion. Duke Energy had a return on equity of 7.72% and a net margin of 12.95%. Duke Energy’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.81 EPS. equities analysts anticipate that Duke Energy will post 4.7 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 16th. Stockholders of record on Friday, February 16th were given a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 4.74%. The ex-dividend date was Thursday, February 15th. Duke Energy’s dividend payout ratio is presently 81.65%.
In other Duke Energy news, COO Dhiaa M. Jamil sold 500 shares of the business’s stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $89.08, for a total value of $44,540.00. Following the completion of the transaction, the chief operating officer now owns 34,115 shares of the company’s stock, valued at approximately $3,038,964.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.07% of the stock is currently owned by insiders.
Duke Energy 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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