Stock of the Day

Duke Energy (DUK)

$115.01

-$0.74 (-0.6%)

Market Cap: $89.47B

About Duke Energy

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. It generates electricity through coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. Duke Energy Corporation was founded in 1904 and is headquartered in Charlotte, North Carolina.

Duke Energy Bull Case

Here are some ways that investors could benefit from investing in Duke Energy Co.:

• The current stock price is around $117, which may present a buying opportunity for investors looking for value in the utility sector.
• Duke Energy Co. recently reported strong earnings, with an EPS of $1.76, exceeding expectations and indicating solid financial performance.
• The company has a consistent dividend payout, with a quarterly dividend of $1.045 per share, translating to an annualized dividend yield of approximately 3.57%, appealing to income-focused investors.
• Analysts have a consensus rating of "Moderate Buy" for Duke Energy Co., with several recent upgrades in price targets, suggesting positive market sentiment.
• The company has shown revenue growth of 7.5% year-over-year, indicating a strong operational performance and potential for future growth.

Duke Energy Bear Case

Investors should be bearish about investing in Duke Energy Co. for these reasons:

• The company has a relatively high debt-to-equity ratio of 1.52, which may indicate higher financial risk and could affect its ability to manage debt obligations.
• With a current ratio of 0.67, Duke Energy Co. may face challenges in meeting short-term liabilities, which could raise concerns about liquidity.
• The stock has experienced fluctuations, with a fifty-two week low of $99.21, suggesting potential volatility that could deter risk-averse investors.
• Despite recent upgrades, some analysts have issued hold ratings, indicating uncertainty about the stock's short-term performance.
• The company's beta of 0.39 suggests lower volatility compared to the market, which may not appeal to investors seeking high-growth opportunities.

Recent News

• Duke Energy showcases advanced grid technology ahead of hurricane season (msn.com)
• Trump's EPA targets environmental rules projected to save billions — and many thousands of lives (marketbeat.com)
• SC: Newly enacted act aims to improve the energy pipeline, but critics say it may raise your utility costs (msn.com)
• NC lawmakers debate: Will proposed new energy policies raise people's bills, or lower them? (msn.com)
• Bill claiming to lower energy costs by reducing some NC climate goals moves through House (yahoo.com)
• Is Duke Energy Stock Underperforming the Nasdaq? (msn.com)
• Duke Energy begins preparations for hurricane season (yahoo.com)
• Duke Energy supports North Carolina emergency response organizations with $500,000 in storm preparedness funds (prnewswire.com)
• Duke Energy Corporation (DUK) Commits $200K to Aid Low-Income Indiana Energy Bills (insidermonkey.com)
• Duke Energy dedicating $200K to help low-income Hoosiers manage home energy costs (msn.com)