Zacks Research Has Positive View of Duke Energy Q3 Earnings

Duke Energy Co. (NYSE:DUK) – Zacks Research lifted their Q3 2026 EPS estimates for Duke Energy in a research report issued to clients and investors on Thursday, March 6th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $1.79 per share for the quarter, up from their previous estimate of $1.77. The consensus estimate for Duke Energy’s current full-year earnings is $6.33 per share.

Other equities analysts also recently issued reports about the stock. Morgan Stanley dropped their target price on shares of Duke Energy from $122.00 to $118.00 and set an “equal weight” rating for the company in a report on Friday, November 22nd. Guggenheim raised their price objective on shares of Duke Energy from $132.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. upped their target price on Duke Energy from $114.00 to $121.00 and gave the company a “neutral” rating in a research note on Tuesday. Scotiabank raised their price target on 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, Jefferies Financial Group upped their price objective on Duke Energy from $129.00 to $132.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Duke Energy currently has an average rating of “Moderate Buy” and a consensus target price of $122.93.

Duke Energy Stock Down 0.6 %

Duke Energy stock opened at $117.76 on Monday. The firm has a market capitalization of $91.43 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 2.79 and a beta of 0.48. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.44 and a current ratio of 0.67. Duke Energy has a fifty-two week low of $92.75 and a fifty-two week high of $121.25. The stock’s fifty day moving average is $112.22 and its two-hundred day moving average is $113.34.

Duke Energy (NYSE:DUK) last released its quarterly earnings results on Thursday, February 13th. The utilities provider reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.05. Duke Energy had a return on equity of 9.50% and a net margin of 14.90%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DUK. Anchor Pointe Wealth Management LLC acquired a new position in shares of Duke Energy in the 4th quarter valued at $252,000. SpringVest Wealth Management LLC acquired a new position in shares of Duke Energy in the 4th quarter valued at about $325,000. Mattson Financial Services LLC purchased a new stake in shares of Duke Energy during the 4th quarter worth about $28,000. Aegis Wealth Management LLC acquired a new stake in Duke Energy during the 4th quarter worth approximately $625,000. Finally, Probity Advisors Inc. increased its position in shares of Duke Energy by 5.8% in the fourth quarter. Probity Advisors Inc. now owns 5,211 shares of the utilities provider’s stock worth $561,000 after acquiring an additional 284 shares in the last quarter. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Duke Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 14th will be paid a dividend of $1.045 per share. This represents a $4.18 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date is Friday, February 14th. Duke Energy’s dividend payout ratio is currently 73.20%.

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.