DUK - Duke Energy Corporation
| Previous Close | 87.24 |
| Open | 86.90 |
| Bid | 87.82 x 800 |
| Ask | 87.83 x 800 |
| Day's Range | 86.68 - 88.06 |
| 52 Week Range | 75.77 - 91.67 |
| Volume | 1,669,442 |
| Avg. Volume | 3,251,793 |
| Market Cap | 64.075B |
| Beta (3Y Monthly) | 0.13 |
| PE Ratio (TTM) | 21.40 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 3.71 (4.25%) |
| Ex-Dividend Date | 2019-05-16 |
| 1y Target Est | N/A |
- Market Realist•yesterday
Which Utility Stocks Have the Highest Dividend Yields Right Now?
The utilities sector continues to offer a premium dividend yield along with stable upward price movement. On average, utility stocks are currently yielding 3.2%, while broader markets offer a yield close to ~2%.
- Market Realist•2 days ago
NEE, SO, and DUK: Top Utility Stocks’ Target Prices
Analysts expect a downside of ~1% from NextEra Energy (NEE) stock based on the mean target price of $205.0 and its current price of ~$207.0. Analysts seem more positive on NextEra Energy stock compared to its peers.
- Market Realist•2 days ago
NEE, SO, and DUK: Analyzing Current Valuations
Many top utility stocks are trading at a significant premium to their historical averages. NextEra Energy (NEE) stock is trading at 24x its forward earnings. NextEra Energy's five-year historical average valuation is ~18x–19x.
- American City Business Journals•5 days ago
PHOTOS: Innovations on sustainability by Duke Energy, Charlotte startups and others on display at 'Tech Lemonade' event
The event included rapid-fire presentations from Duke Energy, The Rocky Mountain Institute and the Centralina Council of Governments as well as pitches from some of the startups currently participating in Charlotte's Joules Accelerator program.
- American City Business Journals•5 days ago
Duke Energy Progress proposes small cut to NC bills
Duke Energy Progress customers in North Carolina could see a small reduction in their monthly bills by the end of the year if regulators approve cuts the utility has proposed on riders for items such as fuel costs and energy efficiency programs. There would be some savings for all customer classes under the filings Duke Progress made this week with the N.C. Utilities Commission. The average decrease, if all of the proposals go into effect, would be 3.3% for residential customers, 4.4% for commercial customers and 1.9% for industrial customers.
- American City Business Journals•6 days ago
Why the market for rooftop solar in North Carolina is heating up
North Carolina has been a market leader for utility-scale solar development. Now, a rebate program is pushing rooftop solar into the spotlight.
- American City Business Journals•6 days ago
How rebates are working out for rooftop solar projects in Charlotte area
A rebate from Duke Energy made a difference in the decision to install 960 solar panels overlooking the fourth turn at Charlotte Motor Speedway. How important can such programs be for other types of projects?
- Zacks•8 days ago
Should You Invest in the Fidelity MSCI Utilities Index ETF (FUTY)?
Sector ETF report for FUTY
- American City Business Journals•8 days ago
NC regulators approve sale of Duke Energy hydro projects at $40M loss
The N.C. Utilities Commission gave Duke Energy Carolinas the go-ahead to sell the projects for $4.75 million, at a loss of about $40 million.
- InvestorPlace•8 days ago
7 Stocks to Buy for the Coming Recession
It's a rare bit of good geopolitical news for the embattled Donald Trump administration. After threatening to impose tariffs on goods from Mexico due to the migration crisis, the White House announced a deal. In return for our southern neighbor taking more responsibility in curbing illegal immigration, the U.S. will cease economically punitive threats. Still, I wouldn't stop seeking protective stocks to buy.As The Wall Street Journal stated, Mexico has only temporarily avoided tariffs. Under the terms of the agreement, the U.S. will review Mexico's effectiveness in stemming the flow of Central American migrants. Technically in 90 days, the U.S. reserves the right to slap tariffs on if it feels the performance is inadequate.Plus, we all know how volatile and unpredictable President Trump is. It was just a few months back that political analysts voiced optimism for a U.S.-China trade deal. Now that situation quickly devolved from bad to worse, causing people to scramble for the best stocks to buy against a likely downturn.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis segues into the ongoing trade war with the world's second-biggest economy. Trump is scheduled to meet his counterpart in the battle, Chinese President Xi Jinping, at the G-20 summit. Any hopes for a rapprochement was tempered when Trump declared that he would be "perfectly happy" to hit China with fresh tariffs.If these tensions weren't bad enough, our economy has other headwinds to consider. Recently, the dollar has weakened relative to other currencies. The yield curve inverted, which in the past signaled a recession. And of course, we have our own contentious political environment. * 7 S&P 500 Dividend Stocks to Buy That Yield 4% or More At the very least, we're facing choppy waters. But if the worst-case scenario of a recession occurs, here are the best stocks to buy: Stocks to Buy: Kimberly Clark (KMB)Source: Shutterstock For most Americans, a recession necessitates budgeting down to the essentials. While data suggests that consumers won't abandon all discretionary purchases such as cheap entertainment, the secular segment is where you want to aim. With that context, one of your best stocks to buy for a coming downturn is Kimberly Clark (NYSE:KMB).You may not immediately recognize the Kimberly Clark name, but you've certainly used their products. We're talking about brands like Kleenex, Huggies, and Cottonelle. No matter how volatile the markets get, or if the trade war takes an unexpectedly negative turn, you're still going to wipe yourself after you use the facilities. At least I hope you do, and that's what drives KMB stock.The other great point about the company is that its fundamentals match our assumptions. In other words, KMB stock levers recession-proof products, and the financials prove it. For instance, net income slipped in 2008, but the metric moved positively the following year.This just shows that when a recession strikes, the best stocks to buy are often the most obvious. Duke Energy (DUK)Source: Shutterstock I've been involved in a few blackout incidents. Certainly, they're not the biggest problems you encounter in life. At the same time, few inconveniences make you feel so useless and inadequate, especially in this digital age. That's why if we suffer a recession, you should peg Duke Energy (NYSE:DUK) among your list of stocks to buy.The case for DUK stock is very straightforward: we all need energy to power our digitally connected lives. Even the most rural communities cannot afford to be cut off from vital energy sources. Sure, in a downturn, most folks skimp on purchases. But they absolutely cannot skimp on their utility bills. Doing so would be catastrophic in their journey to get back on their feet. * 7 Dark Horse Stocks Winning the Race in 2019 Similar to Kimberly Clark, DUK stock has the fundamental data to prove it belongs among the best stocks to buy for a coming recession. Back in 2008 through 2010, net income slipped badly against 2007's annual tally. However, in 2011, Duke decisively hit the recovery track, significantly exceeding 2007 figures. RCI Hospitality (RICK)Source: Edkohler via FlickrIf you want to pick out the best stocks to buy against a possible recession, you should keep it simple. That means going with names that have a proven track record, even when times are tough. With that context, I can't think of many better names than RCI Hospitality (NASDAQ:RICK).I get it: RICK stock generates controversy for its underlying hospitality business. But the stark reality is that the intimacy industry is at least recession-resilient, if not outright recession-proof. During the 2008 market crisis -- the worst such calamity since the October 1929 crash -- The New York Times reported on the phenomenon of $1,000 lap dances.Another factor that makes RICK stock an interesting idea is that shares haven't done so well this year. In fact, they're down more than 19% since January's opening price. Right now, the volatility is keeping conservative investors away. However, if a recession hits, RCI can easily make a case for its spot among the best stocks to buy. Anheuser Busch Inbev (BUD)Source: Paul Sableman via FlickrA common entry among vice stocks to buy, Anheuser Busch (NYSE:BUD) owns several popular beer brands. These include Michelob Ultra, Budweiser and, of course, Bud Light.The latter is highly regarded for its usually hilarious commercials and not much else. I've said it before and I'll say it again: Bud Light is an abomination.But two interesting points make BUD stock an appealing proposition. In a recent beer survey, Bud Light ranked as America's favorite beer. Consumers apparently called it "drinkable and refreshing," two words I would never use to describe Bud Light. But setting that aside, Anheuser Busch-branded beers represented the majority of America's top 10. * 7 Stocks to Buy As They Hit 52-Week Lows My second point is that BUD stock could weather a recessionary storm better than most. Some scientific studies suggest that contrary to popular belief, troubled economic times could correlate with heavier drinking. If so, I'd keep a close eye on Anheuser Busch. AMC Entertainment (AMC)I have to admit that when AMC Entertainment (NYSE:AMC) reported its disappointing first-quarter earnings report, it hit me hard. In fact, it was a double-whammy. Not only did I buy into AMC stock, but I suggested that contrarian investors do the same. Boy, do I have egg on my face for this one.And what exactly was my reasoning for getting involved with this loser? I believed that despite streaming services taking over the entertainment landscape, a viable place existed for the box office. Sure, streaming offers conveniences, but the cineplex provides a social experience that's still relevant to all demographics.Unfortunately, the timing just didn't work out for AMC stock.However, I'm not hitting the panic button despite the sharp losses. Here's why: back in the Great Recession, high-profile entertainment options such as professional sports experienced a noticeable decline in attendance. During the same period, consumers flocked to the movie theaters.In a recession, people want cheap entertainment to forget their troubles. That's what AMC provides, which is why I think it's one of the best stocks to buy if troubles hit. Waste Management (WM)Source: Shutterstock Author and financial guru Robert Kiyosaki once said that "cash is trash." Waste disposal and solutions expert Waste Management (NYSE:WM) may want to adopt a similar statement as their marketing pitch: trash is cash.However, buying WM stock may seem counterintuitive if you're anticipating an economic correction. After all, people tend to buy less stuff during a recession. Moreover, cash-strapped folks tend to fix products that don't work or buy cheap hand-me-downs. Whatever the specifics, the result is fewer opportunities for Waste Management to advantage.But it's also fair to point out that WM stock is a secular investment. Even if the volume of trash decreases in a potential recession, it doesn't disappear altogether. The garbage truck will still come and perform their weekly ritual. * 10 Stocks to Buy That Could Be Takeover Targets More importantly, Waste Management recently acquired a rival in the space, Advanced Disposal, for $3 billion. With a major competitor out of the picture, WM utterly dominates the secular trash-disposal industry. This makes the equity a counterintuitive but viable candidate among stocks to buy for an economic slowdown. Barrick Gold (GOLD)Source: Jeremy Vohwinkle via Flickr (Modified)While we're on the topic of cash being trash, let's talk about gold. The yellow metal is perhaps the only thing we all agree with President Trump on: gold is good. Having more gold is better. I'll let you complete the logical sequence.The spot price for the monetary commodity spiked in late May, to no real surprise. The only shocking thing is that it took so long. We're mired in a deeply contentious political environment, both here and abroad. Furthermore, the dollar has weakened against a basket of international currencies, setting the stage for a stunning recovery.But if you don't want to own physical bullion, consider Barrick Gold (NYSE:GOLD) stock.Barrick Gold consistently ranks at the top among commodity producers. Therefore, if you're going to take a shot in this always-risky segment, you should go with the best.Second, because Barrick is the leading producer, the GOLD stock price will likely have a strong correlation with the metal's spot price. In past years, that correlation was a liability. But with conditions ripe for a turnaround, Barrick stands to benefit substantially.As of this writing, Josh Enomoto is long AMC stock and gold bullion. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 7 Stocks to Buy for the Coming Recession appeared first on InvestorPlace.
- American City Business Journals•9 days ago
Two NC utilities crack top 10 list for solar construction
North Carolina is one of the leading states for the amount of solar currently operating on its grid, ranking second in the nation at the end of 2018.
- Zacks•11 days ago
Why Is Duke Energy (DUK) Up 0.2% Since Last Earnings Report?
Duke Energy (DUK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- American City Business Journals•14 days ago
Duke University study: Coal ash contamination could be worse than previously known
Duke researchers studying the sediment of an eastern North Carolina lake have unearthed evidence of coal ash contamination that has been unreported and unmonitored, creating concern about other waterways across the country.
- Simply Wall St.•14 days ago
What Investors Should Know About Duke Energy Corporation's (NYSE:DUK) Financial Strength
Investors pursuing a solid, dependable stock investment can often be led to Duke Energy Corporation (NYSE:DUK), a...
- Zacks•15 days ago
Duke Energy's Arm to Build 22MW Battery Storage Projects
Duke Energy (DUK) plans to invest $1 billion for constructing or acquiring a total of 700 MW of cost-effective solar power facilities and 50 MW of battery storage through 2022 in Florida.
Associated Press•16 days agoStudy: Heavy metals in North Carolina lake bottom extensive
RALEIGH, N.C. (AP) — A toxic stew of coal ash has spilled repeatedly and apparently unnoticed from storage pits at a Wilmington power plant into an adjoining lake, according to a Duke University scientist who said Monday that flooding last September from Hurricane Florence was only the latest example.
- American City Business Journals•16 days ago
Court action possible as Duke Energy challenges SC regulators' recent decisions on rates
The power giant is challenging South Carolina rate decisions that would peg the rate increase for Duke Energy Progress at 6.3% and for Duke Energy Carolinas at 3.7%.
- Insider Monkey•19 days ago
Hedge Funds Have Never Been This Bullish On Celgene Corporation (CELG)
The market has been volatile in the last 6 months as the Federal Reserve continued its rate hikes and then abruptly reversed its stance and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF […]
- Zacks•19 days ago
Top Analyst Reports for Visa, salesforce & Honeywell
Top Analyst Reports for Visa, salesforce & Honeywell
- American City Business Journals•19 days ago
How Charlotte-area company stocks are reacting to latest international trade tensions
It was a rough day for the stock market on Friday as investors reacted to President Donald Trump's threats to restoke trade tensions with Mexico. Here's how Charlotte's public companies are faring.
- Zacks•19 days ago
Duke Energy (DUK) Arm Buys 60 MW Solar Project in Colorado
Duke Energy (DUK) continues to expand its renewable power generation portfolio and is on course to achieve 8,000 MW clean energy target by 2020.
- American City Business Journals•20 days ago
Duke Energy Renewables acquires third solar project of 2019
The 60-megawatt Palmer Solar farm marks the seventh large-scale renewable energy project purchased or started this year by Duke Energy Renewables.
- American City Business Journals•20 days ago
Duke Energy seeks to hasten decommissioning plan for Florida nuclear plant
Duke Energy Florida has contracted with Accelerated Decommissioning Partners, a joint venture between New York-based NorthStar Group Services and Washington-based Orano USA, to close the plant within eight years, almost 50 years ahead of schedule.
- Reuters•20 days ago
Duke Energy plans to decommission Florida nuke plant sooner than expected
Electric utility Duke Energy Corp said on Thursday it plans to decommission its retired Florida nuclear plant by 2027, nearly 50 years sooner than originally scheduled. The company said the trust fund ...
- Reuters•20 days ago
Duke Energy plans to decommission retired Florida nuclear plant by 2027
Electric utility Duke Energy Corp said on Thursday it plans to decommission its retired Florida nuclear plant by 2027, nearly 50 years sooner than originally scheduled. The company said it is pursuing accelerated decommissioning as the trust fund that pays for the decommissioning is currently sufficient to accelerate the plant's decommissioning without increasing customer bills. The company said it has also completed the initial phase of decommissioning, placing the plant in an ideal condition to attract bidders to complete the work.
