Duke Energy Corp. (NYSE:DUK) – Equities researchers at SunTrust Banks dropped their Q2 2017 earnings estimates for Duke Energy Corp. in a research report issued to clients and investors on Tuesday. SunTrust Banks analyst A. Agha now forecasts that the brokerage will post earnings of $1.08 per share for the quarter, down from their previous estimate of $1.11. SunTrust Banks has a “Neutral” rating and a $85.00 price objective on the stock. SunTrust Banks also issued estimates for Duke Energy Corp.’s Q2 2018 earnings at $1.13 EPS.

Duke Energy Corp. (NYSE:DUK) last announced its quarterly earnings data on Thursday, August 4th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.06. Duke Energy Corp. had a net margin of 11.39% and a return on equity of 7.85%. The company earned $5.10 billion during the quarter, compared to analyst estimates of $5.71 billion. During the same period in the previous year, the business earned $0.95 EPS.

Earnings History and Estimates for Duke Energy Corp. (NYSE:DUK)

A number of other research firms have also weighed in on DUK. Mizuho reissued a “neutral” rating and issued a $75.00 price objective on shares of Duke Energy Corp. in a research report on Thursday, June 30th. Citigroup Inc. dropped their target price on shares of Duke Energy Corp. from $82.00 to $77.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 4th. Zacks Investment Research downgraded shares of Duke Energy Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, October 4th. Argus restated a “hold” rating on shares of Duke Energy Corp. in a research note on Tuesday, October 4th. Finally, Scotiabank restated a “sector perform” rating and issued a $88.00 target price (up from $78.00) on shares of Duke Energy Corp. in a research note on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $80.23.

Shares of Duke Energy Corp. (NYSE:DUK) traded up 1.68% during trading on Thursday, reaching $77.94. 3,702,351 shares of the company were exchanged. Duke Energy Corp. has a 1-year low of $65.50 and a 1-year high of $87.75. The company’s 50-day moving average is $79.64 and its 200 day moving average is $81.10. The firm has a market capitalization of $53.70 billion, a PE ratio of 20.60 and a beta of 0.13.

A number of large investors have recently made changes to their positions in DUK. Concorde Asset Management LLC increased its stake in shares of Duke Energy Corp. by 0.4% in the second quarter. Concorde Asset Management LLC now owns 2,538 shares of the company’s stock valued at $217,000 after buying an additional 10 shares during the period. Verus Financial Partners Inc. increased its stake in shares of Duke Energy Corp. by 0.3% in the second quarter. Verus Financial Partners Inc. now owns 3,718 shares of the company’s stock valued at $319,000 after buying an additional 11 shares during the period. BKD Wealth Advisors LLC increased its stake in shares of Duke Energy Corp. by 0.4% in the second quarter. BKD Wealth Advisors LLC now owns 3,338 shares of the company’s stock valued at $286,000 after buying an additional 14 shares during the period. D Orazio & Associates Inc. increased its stake in shares of Duke Energy Corp. by 0.8% in the second quarter. D Orazio & Associates Inc. now owns 1,740 shares of the company’s stock valued at $149,000 after buying an additional 14 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Duke Energy Corp. by 0.6% in the second quarter. Sequoia Financial Advisors LLC now owns 3,451 shares of the company’s stock valued at $296,000 after buying an additional 19 shares during the period. Institutional investors own 56.56% of the company’s stock.

In other Duke Energy Corp. news, EVP Douglas F. Esamann sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $84.58, for a total value of $253,740.00. Following the completion of the sale, the executive vice president now directly owns 50,609 shares in the company, valued at $4,280,509.22. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.08% of the stock is currently owned by company insiders.

Duke Energy Corp. Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company’s segments include Regulated Utilities, International Energy and Commercial Portfolio. Duke Energy’s subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke Energy Ohio, Inc (Duke Energy Ohio), and Duke Energy Indiana, Inc (Duke Energy Indiana).

5 Day Chart for NYSE:DUK

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