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Duke Energy Corporation (DUK) earnings: expect 2% revenue growth

11:45 am ET, 08 May 2019

Duke Energy Corporation (DUK) is announcing earnings on May 09 before market opening. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $6.25B, which implies a 2% growth rate year-over-year.

Earnings per share are expected to come in at $1.21. If this materializes, EPS will decline -5% year-over-year.

How did the stock do last month?

Over the last month, Duke Energy Corporation (DUK) returned +1.47%.

What do analysts say about the stock?

Duke Energy Corporation (DUK) average analyst price target is 2.88% above its current price ($89.13).

For the latest price and information on Duke Energy Corporation, please visit Finstead and ask for "DUK", "DUK analysis" or "DUK news".

Duke Energy Corporation (DUK) Stock Guide

Updated at: 11:51 pm ET, 16 Sep 2020

Before we start: if you're looking for DUK stock price, you can quickly find it out by visiting Finny and typing "DUK quote". If you're looking for a quick scoop on DUK stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "DUK". You'll get all this info in one place. Or you can just type "DUK news" to get the latest stock news.

Looking to buy or sell Duke Energy Corporation (DUK)? Interested in getting the full scoop on DUK, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this DUK stock guide, we'll address key questions about DUK, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are DUK earnings?
2. What is DUK dividend?
3. What is DUK dividend yield?
4. What is DUK stock forecast (i.e., prediction)?
5. DUK buy or sell? What is DUK Finny Score?
6. What are the reasons to buy DUK? Why should I buy DUK stock?
7. What are the reasons to sell DUK? Why should I sell DUK stock?
8. What are DUK key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are DUK earnings?

DUK trailing 12-month earnings per share (EPS) is $2.80.

2. What is DUK dividend?

DUK forward dividend is $3.86.

3. What is DUK dividend yield?

DUK forward dividend yield is 4.8%.

Analyst Predictions

4. What is DUK stock forecast (i.e., prediction)?

Based on DUK analyst price targets, DUK stock forecast is $92.43 (for a year from now). That means the average analyst price target for DUK stock is $92.43. The prediction is based on 17 analyst estimates.

The low price target for DUK is $85.00, while the high price target is $106.00.

DUK analyst rating is Hold.

Analysis

5. DUK buy or sell? What is DUK Finny Score?

#{finnyScore:17}Our quantitative analysis shows 1 reason to buy and 5 reasons to sell DUK, resulting in Finny Score of 17.

6. What are the reasons to buy DUK? Why should I buy DUK stock?

Here are the reasons to buy DUK stock:

  • Duke's regulated utilities provide a stable source of earnings. The company's large capital-expenditure plan should drive rate base and earnings growth for the next several years.
  • The company operates in constructive North Carolina, South Carolina, and Florida regulatory jurisdictions, which account for most of the company's regulated revenue.
  • Duke's skilled management team has focused on core regulated operations and moaty, regulated growth investments.
  • DUK forward dividend yield is 4.80%, higher than the industry (1.63%) and sector (1.36%) forward dividend yields. See DUK forward dividend chart.

7. What are the reasons to sell DUK? Why should I sell DUK stock?

Let's look at the reasons to sell DUK stock (i.e., the bear case):

  • Energy-efficiency improvements are limiting energy demand growth, putting more pressure on Duke to seek customer rate increases.
  • Duke's aggressive investment plan increases regulatory risk.
  • The Piedmont Natural Gas acquisition requires synergies beyond our estimates to create shareholder value, given the high price Duke paid.
  • DUK quarterly revenue growth was -7.70%, lower than the industry and sector average revenue growth (0.36% and 0.75%, respectively). See DUK revenue growth chart.
  • DUK profitability is declining. The YoY profit margin change was -1.95 percentage points. See DUK profitability chart.
  • DUK short share of float is 4.99%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See DUK short share of float chart.
  • DUK short interest (days to cover the shorts) ratio is 10.52. The stock garners more short interest than the average industry, sector or S&P 500 stock. See DUK short interest ratio chart.
  • DUK cash to debt ratio is 0.01, lower than the average industry (0.05) and sector (0.05) cash to debt ratio. See DUK cash to debt chart.

Key Stats

8. What are DUK key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for DUK:

Metrics DUK
Price $92.77
Average Price Target / Upside $92.36 / -0.44%
Average Analyst Rating Hold
Forward Dividend Yield 4.15%
Industry Utilities - Regulated Electric
Sector Utilities
Number of Employees 30,083
Market Cap $68.15B
Forward P/E Ratio 17.79
Price/Book Ratio 2.84
Revenue (TTM) $23.99B
YoY Quarterly Revenue Growth -7.70%
Profit Margin 8.97%

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