DUK - Duke Energy Corporation

NYSE - NYSE Delayed Price. Currency in USD
90.12
+0.21 (+0.23%)
At close: 4:04PM EDT
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Previous Close89.91
Open89.91
Bid0.00 x 800
Ask90.65 x 1300
Day's Range89.78 - 90.68
52 Week Range77.90 - 91.67
Volume3,994,642
Avg. Volume3,233,089
Market Cap65.612B
Beta (3Y Monthly)0.13
PE Ratio (TTM)21.91
EPS (TTM)4.11
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield3.71 (4.12%)
Ex-Dividend Date2019-05-16
1y Target Est92.59
Trade prices are not sourced from all markets
  • Southeastern state surges ahead in solar construction — and it's not North Carolina
    American City Business Journals15 hours ago

    Southeastern state surges ahead in solar construction — and it's not North Carolina

    North Carolina added 204 megawatts of new solar construction in the first quarter of 2019, according to the new Solar Market Insight Report. That's good enough for fourth place nationwide in the quarter.

  • Analyzing the Top Utility Stocks in 2019
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    Among the top utility stocks in 2019, Southern Company (SO) leads the pack. The stock has rallied almost 30% in 2019. Southern Company has shown an unusual rally in the last few months.

  • Top Utility Stocks Trade in the ‘Overbought’ Zone
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  • Trump Weighs Limits on Uranium Imports After Commerce Cites Security Risk
    Bloomberg6 days ago

    Trump Weighs Limits on Uranium Imports After Commerce Cites Security Risk

    (Bloomberg) -- The U.S. Commerce Department has recommended the White House take steps to protect the domestic production of uranium after finding the nation’s reliance on imports was a national security risk, said three people briefed on the matter.Among the trade remedies recommended is to require nuclear power plants to purchase a minimum of 5% of the radioactive fuel from U.S. mines, said the people, who requested anonymity to discuss non-public deliberations. Two of the people said an option under consideration would see the quota escalate by 5 percentage points a year.A decision to impose the quotas would be a boon to the two small mining companies that petitioned the Commerce Department to take action, Energy Fuels Inc. and Ur-Energy Inc. The move would increase costs for nuclear reactor operators that are already struggling in the face of competition from cheaper sources of power generated by natural gas and renewables. Domestic nuclear providers rose on the news, with Uranium Energy Corp. up as much as 3.9%, Energy Fuels rising as much as 3.5% and Ur-Energy paring earlier losses to rise less than 1%.The Commerce Department concluded in April that the imports harmed national security, delivering a confidential report on the matter to the White House at the time, the people said.The White House didn’t immediately respond to a request for comment. A spokeswoman for the Commerce Department declined to comment on the contents of the uranium report and said it is at the White House. Confidential MeetingThe recommendations have yet to be presented to President Donald Trump, and a meeting on the matter between him and advisers on the issue that had been scheduled for Thursday was delayed, two people said.The matter is far from final, but one person said it is certain that the White House appears poised to take action. Other options being considered include doing nothing or putting limits on uranium from specific countries, one of the people said.Canadian Prime Minister Justin Trudeau, who met with Trump on Thursday, was expected to make the case against import quotas on uranium, which his country produces.The Trump administration was asked by the two domestic uranium producers to impose a 25% domestic market quota on the grounds imports of uranium are a threat to national security. Wide Latitude A finding that the imports of uranium are harming U.S. national security gives Trump wide latitude to impose a trade remedy of his choosing -- or do nothing at all -- using the same trade law the administration has successfully used to slap tariffs on steel and aluminum imports.While the domestic uranium producers, both of which are based in Colorado, initially asked the administration for a 25% quota, a lower amount could be a compromise that he utilities and the producers could live with, analysts have said.Nuclear utilities, which have estimated a 25% quota could cost them as much as $800 million annually, remain hopeful Trump will decide against any trade action.“President Trump is a longstanding champion for the U.S. nuclear industry, rightly recognizing the enormous economic and energy benefits that U.S. nuclear power delivers to American consumers,” said the Ad Hoc Utilities Group, which counts Exelon Corp., Duke Energy Corp., and Dominion Energy Inc. as members. “The U.S. nuclear industry supports 100,000 jobs while the two petitioners support a total of 150 jobs.” Australia, RussiaCurrently, the nuclear power industry gets nearly all of its uranium from sources such as Australia, Canada, Kazakhstan, and Russia.The U.S. uranium industry produced roughly 700,000 pounds in 2018, according to Chris Gadomski, a nuclear industry analyst at Bloomberg New Energy Finance. A 5% quota would translate to between 2 million and 2.5 million pounds, he said.The two miners who petitioned for the case have already begun expanding their mines in anticipation of a favorable decision.Executives from both companies said in a statement they were pleased “the administration continues to recognize the unique national, energy and economic security role of domestic uranium production.”“We continue to believe that reserving 25% of domestic demand for U.S. uranium is the most effective tool for sustaining domestic production of this critical mineral,” they said. (Updates with statement from uranium miners in last paragraph.)\--With assistance from Josh Wingrove and Will Wade.To contact the reporters on this story: Ari Natter in Washington at anatter5@bloomberg.net;Jenny Leonard in Washington at jleonard67@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, ;Margaret Collins at mcollins45@bloomberg.net, Elizabeth Wasserman, Ros KrasnyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Duke Energy Corporation's (NYSE:DUK) ROE Of 6.4% Concerning?
    Simply Wall St.6 days ago

    Is Duke Energy Corporation's (NYSE:DUK) ROE Of 6.4% Concerning?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Hedge Funds Have Never Been This Bullish On Duke Energy Corporation (DUK)
    Insider Monkey6 days ago

    Hedge Funds Have Never Been This Bullish On Duke Energy Corporation (DUK)

    Is Duke Energy Corporation (NYSE:DUK) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk […]

  • Duke Energy Renewables' largest solar project now online in California
    PR Newswire7 days ago

    Duke Energy Renewables' largest solar project now online in California

    - 150 MW North Rosamond solar project achieves commercial operation - California solar plant provides clean, renewable energy to Southern California Edison customers CHARLOTTE, N.C. , June 19, 2019 /PRNewswire/ ...

  • REC Solar saves California school district millions through innovative solar energy solutions
    PR Newswire8 days ago

    REC Solar saves California school district millions through innovative solar energy solutions

    - Pleasanton Unified School District is the latest education system to work with REC Solar to deploy on-site solar plus storage solutions - Installations illustrate the education market's need to control ...

  • Which Utility Stocks Have the Highest Dividend Yields Right Now?
    Market Realist8 days ago

    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%.

  • NEE, SO, and DUK: Top Utility Stocks’ Target Prices
    Market Realist9 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.

  • Three Florida counties selected for Duke Energy's 2019 Site Readiness Program that spurs economic development and jobs
    PR Newswire9 days ago

    Three Florida counties selected for Duke Energy's 2019 Site Readiness Program that spurs economic development and jobs

    - Properties in Sumter, Highlands and Lake counties announced, boosting prime industrial sites in Florida service area to 26 ST. PETERSBURG, Fla. , June 17, 2019 /PRNewswire/ -- When communities grow and ...

  • Duke Energy awards more than $200,000 in grants for workforce education and training across Greater Cincinnati
    PR Newswire9 days ago

    Duke Energy awards more than $200,000 in grants for workforce education and training across Greater Cincinnati

    "Even though the U.S. and local job markets are strong, America's energy needs continue to grow and evolve, requiring a future workforce with new skills and abilities," said Amy Spiller, Duke Energy's president in Ohio and Kentucky. Recent studies from the U.S. Department of Energy and U.S. Department of Labor show that 25%-50% of utility employees will retire within the next five to 10 years.

  • NEE, SO, and DUK: Analyzing Current Valuations
    Market Realist9 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.

  • PHOTOS: Innovations on sustainability by Duke Energy, Charlotte startups and others on display at 'Tech Lemonade' event
    American City Business Journals12 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.

  • Duke Energy Progress proposes small cut to NC bills
    American City Business Journals12 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.

  • Be prepared for hurricane season with safety tips from Piedmont Natural Gas
    PR Newswire13 days ago

    Be prepared for hurricane season with safety tips from Piedmont Natural Gas

    CHARLOTTE, N.C., June 13, 2019 /PRNewswire/ -- Hurricane season is officially here and Piedmont Natural Gas is urging customers to follow a few simple tips to stay safe if their natural gas equipment or appliances are damaged or flooded due to severe weather. The National Oceanic and Atmospheric Administration's Climate Prediction Center is predicting a near-normal Atlantic hurricane season, June 1 through Nov. 30. "Flooding is typically the greatest storm-related risk to natural gas equipment and appliances, and we want to make sure our customers know how to stay safe this hurricane season," said Keith Napier, director of natural gas operations for Piedmont Natural Gas.

  • Why the market for rooftop solar in North Carolina is heating up
    American City Business Journals13 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.

  • How rebates are working out for rooftop solar projects in Charlotte area
    American City Business Journals13 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?

  • Duke Energy Progress files annual adjustments with North Carolina Utilities Commission for customers in North Carolina
    PR Newswire15 days ago

    Duke Energy Progress files annual adjustments with North Carolina Utilities Commission for customers in North Carolina

    - If approved, typical residential customers will see their monthly bills go down $4 RALEIGH, N.C. , June 11, 2019 /PRNewswire/ -- Duke Energy Progress today made its annual filings with the North Carolina ...

  • Should You Invest in the Fidelity MSCI Utilities Index ETF (FUTY)?
    Zacks15 days ago

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  • NC regulators approve sale of Duke Energy hydro projects at $40M loss
    American City Business Journals15 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.

  • 7 Stocks to Buy for the Coming Recession
    InvestorPlace15 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.

  • Duke Energy earns EEI Emergency Recovery Award for Winter Storm Diego power restoration efforts
    PR Newswire15 days ago

    Duke Energy earns EEI Emergency Recovery Award for Winter Storm Diego power restoration efforts

    - Duke Energy has received 22 EEI awards since the awards began in 1998 CHARLOTTE, N.C. , June 11, 2019 /PRNewswire/ -- The Edison Electric Institute (EEI) today presented Duke Energy with the association's ...

  • Two NC utilities crack top 10 list for solar construction
    American City Business Journals16 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.

  • Duke Energy Progress continues to be a shining star for solar power
    PR Newswire16 days ago

    Duke Energy Progress continues to be a shining star for solar power

    CHARLOTTE, N.C., June 10, 2019 /PRNewswire/ -- Duke Energy Progress (DEP) continues to be one of the leading solar utilities in the nation. In the Top 10 utility solar lists compiled by the Smart Electric Power Alliance (SEPA), Duke Energy Progress was ranked fourth among all utility companies for bringing on new solar capacity during 2018. It is the seventh straight year Duke Energy Progress has been ranked in the Top 10 nationwide.