DUK - Duke Energy Corporation
89.06 -0.32 (-0.36%)
After hours: 5:29PM EDT
| Previous Close | 88.70 |
| Open | 88.81 |
| Bid | 89.41 x 800 |
| Ask | 89.45 x 800 |
| Day's Range | 88.55 - 89.53 |
| 52 Week Range | 78.00 - 91.67 |
| Volume | 1,792,012 |
| Avg. Volume | 2,963,353 |
| Market Cap | 65.073B |
| Beta (3Y Monthly) | 0.18 |
| PE Ratio (TTM) | 21.73 |
| EPS (TTM) | 4.11 |
| Earnings Date | Aug 6, 2019 |
| Forward Dividend & Yield | 3.78 (4.26%) |
| Ex-Dividend Date | 2019-08-15 |
| 1y Target Est | 92.59 |
- Market Realist•10 hours ago
Top Utilities Fell, Treasury Yields Rose Last Week
The benchmark ten-year Treasury yields continued to rise last week due to better-than-expected economic data.
- PR Newswire•3 days ago
Duke Energy applauds Trump decision on uranium production
CHARLOTTE, N.C. , July 13, 2019 /PRNewswire/ -- Duke Energy today issued the following statement in response to a decision by President Donald Trump declining to set uranium production quotas for the ...
- Simply Wall St.•4 days ago
Has Duke Energy Corporation's (NYSE:DUK) Earnings Momentum Changed Recently?
Understanding Duke Energy Corporation's (NYSE:DUK) performance as a company requires examining more than earnings from...
- PR Newswire•6 days ago
Duke Energy awards more than $103,000 in grants for workforce education, training in Indiana
- Grants presented to six organizations in Hancock, Shelby, Cass, Whitley, Tippecanoe, Vigo, Howard counties PLAINFIELD, Ind. , July 10, 2019 /PRNewswire/ -- Duke Energy has awarded grants totaling $103,397 ...
- Barrons.com•6 days ago
PNC Financial, Cummins Beat the Average for Dividend Increases
(PNC) a large regional bank based in Pittsburgh, on Tuesday declared a quarterly dividend of $1.15 a share, up from 95 cents, for a 21% boost. The bank said on June 27 that the Federal Reserve had no objections to its capital plan, which included the dividend increase and share buybacks, over the next 12 months. Tuesday’s announcement made the dividend increase official.
- Zacks•6 days ago
Duke Energy (DUK) Rewards Shareholders With Dividend Hike
Duke Energy (DUK) hikes dividend for the 93rd consecutive year.
- Market Realist•7 days ago
Duke Energy Declared Quarterly Dividend, Offered Trivial Raise
On Sunday, Duke Energy declared a quarterly dividend of $0.945 per share—an increase of ~2% compared to its last quarterly dividend.
- PR Newswire•8 days ago
Duke Energy increases quarterly dividend payments to shareholders
CHARLOTTE, N.C. , July 8, 2019 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.945 per share, an increase of $0.0175 per share. This dividend is payable on ...
- Motley Fool•8 days ago
Retire Rich: 3 High-Yield Dividend Stocks You Can Set and Forget
These time-tested businesses are an income seeker's dream come true.
- American City Business Journals•11 days ago
Uncertainty swirls as NC Utilities Commission seats remain unfilled, legislative session nears end
The seven-member N.C. Utilities Commission is down to just four people as the state legislature has yet to act on three nominees proposed by Gov. Roy Cooper.
- Market Realist•13 days ago
How Are Top Utility Stocks Placed in 2019?
Southern Company (SO) stock has been unstoppable in 2019. So far, the stock has risen almost 30%.
- PR Newswire•13 days ago
Duke Energy to announce second-quarter 2019 financial results on Aug. 6
CHARLOTTE, N.C. , July 3, 2019 /PRNewswire/ -- Duke Energy will announce its second-quarter 2019 financial results at 7 a.m. ET on Tuesday , Aug. 6, in a news release to be posted on the company's website ...
- Zacks•13 days ago
Duke Energy's Solar Capacity Exceeds 1 GW, Prospects Bright
Duke Energy's (DUK) 150-megawatt (MW) California-based North Rosamond solar project, which came online last month, helped it to surpass the 1 GW benchmark.
- Zacks•13 days ago
Should You Invest in the Fidelity MSCI Utilities Index ETF (FUTY)?
Sector ETF report for FUTY
- PR Newswire•14 days ago
Cleaner power and more reliable energy drive Duke Energy Indiana rate increase request
PLAINFIELD, Ind., July 2, 2019 /PRNewswire/ -- Generating cleaner electricity, improving the reliability of electric service, and investments to serve a growing customer base are some of the key factors leading Duke Energy to ask the Indiana Utility Regulatory Commission to increase its electric rates. "We've made investments to meet the needs of a customer base that has grown by more than 100,000 since our last full-scale rate review," said Duke Energy Indiana President Stan Pinegar. Based on these drivers, the filing today with the Indiana Utility Regulatory Commission requests to increase annualized revenue by approximately $395 million, for an overall average rate increase of about 15% across all customer groups. If approved, the increase will be added to bills in two steps, approximately 13% in mid-2020 and 2% in 2021.Timing will depend on state regulatory commission action.
- Zacks•14 days ago
Duke Energy Arm to Acquire Bloom Energy's Fuel Cell Projects
Duke Energy's (DUK) alliance with Bloom Energy will enable it to offer cost-effective clean energy solutions to customers.
- PR Newswire•14 days ago
Duke Energy passes major renewable milestone: 1 gigawatt of owned solar energy capacity
CHARLOTTE, N.C., July 2, 2019 /PRNewswire/ -- With the North Rosamond Solar Facility coming online last month in California, Duke Energy has passed the 1-gigawatt (GW) threshold of utility-scale owned and operated solar facilities nationwide. Throughout the decade, Duke Energy has been building a solar portfolio that now includes almost 70 sites in 10 states, with a total capacity of 1.1 GW. "For nearly a decade, Duke Energy has been delivering affordable solar power to our customers.
- Market Realist•14 days ago
Is Joe Biden’s Green New Deal Really Feasible?
Joe Biden has proposed a climate change framework that aims to zero down on carbon emissions and create millions of new jobs by 2050.
- American City Business Journals•15 days ago
Duke Energy subsidiary to offer new alternative-energy service with $250M deal
A Duke Energy Corp. commercial subsidiary has agreed to spend $250 million over the next 18 months to purchase fuel cells from California-based Bloom Energy Corp. to provide what it calls a reliable, resilient and cleaner energy alternative to industrial-scale customers at 30 locations in California and the Northeast.
- InvestorPlace•15 days ago
5 Utility Stocks to Buy for an Extra Durable Portfolio
[Editor's note: This story was originally published in September 2018. It has since been updated and republished.]Utility stocks were supposed to be yesterday's favorite investment. The theory regarding utility stocks was simple: Robust economic growth coupled with a full labor market was supposed to spark rising inflation. The Fed was supposed to fight rising inflation with rate hikes. Fixed income yields were supposed to rise. Utility stocks, which were long viewed as bond substitutes in an era of ultra-low interest rates, were supposed to fall.But that theory hasn't fully materialized into reality.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe result? Utility stocks haven't lost their shine. With inflation relatively contained and investors ducking into safety, stocks in utilities are still attractive assets to own for dividend yield hunters. Utilities Select Sector SPDR Fund(NYSE: XLU), a utilities ETF, has jumped 13.5% in 2019.The markets' recent volatility has contributed to the XLU's gain, as investors flee toward any safe haven. Not to mention, a number of other catalysts are in play. Inflation isn't soaring higher because technology giants are suppressing inflationary pressures (just think about the downward pressure Amazon (NASDAQ:AMZN) is putting on all consumer goods prices). This trend won't reverse any time soon, and thus, inflationary pressures should remain subdued for the foreseeable future. With those forces subdued, utility stocks have room to rally. * 7 F-Rated Stocks to Sell for Summer With that said, what are the best utility stocks to buy for your portfolio? Here's a list of five stocks that I think are worth a look: American Electric Power (AEP)Considered one of the industry's heavyweights, American Electric Power (NYSE:AEP) is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. Over the past three months, AEP stock is up 6%.The business right now is doing pretty well, as robust economic strength in the company's core markets has boosted the business. Overall, sales and earnings are both trending higher at a healthy rate. Sempra Energy (SRE)Another one of the industry's heavyweights is Sempra Energy (NYSE:SRE), the multi-faceted energy company that provides energy services to more than 40 million customers globally across Southern California, Texas, Chile and Peru. In 2019, SRE stock is up 27%.Sempra's business is doing well: Both revenues and earnings are trending higher amid a favorable economic backdrop. Plus, the company is continuing its energy diversification efforts by expanding its liquid natural gas (LNG) business, something which the company feels can help fuel sustainable long-term growth. * 7 F-Rated Stocks to Sell for Summer The dividend yield on SRE stock sits right around 2.8%. That isn't great, but it's right around where the yield has been over the past several years. Duke Energy (DUK)Next up is electric power and gas utility giant Duke Energy (NYSE:DUK). Much like the other names on this list, Duke's operations are stable and healthy. That said, DUK stock is down 2% over the past five days. That's contributed to an increased dividend yield, at 4.2%.Business remains fine, mostly thanks to favorable weather and strengthening economic conditions. And Duke's revenues and earnings have been trending consistently higher at a slow and stable rate.This level of growth should persist for the next several years as economic conditions remain solid. American Water Works Company (AWK)Although electricity and power are very important utilities, another utility of equal importance is water, and that is where American Water Works Company (NYSE:AWK) comes into the picture.American Water provides waters services to 15 million people across 46 states and Canada. That makes American Water the largest and most diverse publicly traded water company. Moreover, American Water is planning on spending a whole bunch of money over the next several years to modernize water distribution infrastructure, an investment that will likely lead to rate hike approvals and robust long-term earnings growth. * 7 F-Rated Stocks to Sell for Summer AWK stock has a dividend yield of 1.7%. That isn't great. But, what the company lacks in dividend yield, it makes up for in earnings growth, which should be able to run around 10%-per-year for the next several years. That combination of healthy earnings growth and stable yield should make AWK stock a winning investment. NextEra Energy (NEE)Perhaps the utility stock with the most long-term earnings-growth potential on this list is NextEra Energy (NYSE:NEE). That is because not only does NextEra operate a massive utility business like the other utility players on this list, but the company is also a leading player in renewable energy and battery storage.Over the past decade, this company has grown earnings and dividends at an 8%-per-year clip, and that robust growth should continue so long as the company's renewable business continues to scale.The one thing to be worried about when it comes to NEE stock is that the dividend yield is at 2.4%, which is a five-year low. But earnings growth is robust, and it is large enough to compensate for a historically low dividend yield.As of this writing, Luke Lango was long AMZN and AWK. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 F-Rated Stocks to Sell for Summer * 7 Stocks to Buy for the Same Price as Beyond Meat * 7 Penny Marijuana Stocks That Are NOT Cheap Stocks Compare Brokers The post 5 Utility Stocks to Buy for an Extra Durable Portfolio appeared first on InvestorPlace.
- PR Newswire•15 days ago
Duke Energy to offer Bloom Energy distributed fuel cell technology to customers
CHARLOTTE, N.C. and SAN JOSE, Calif., July 1, 2019 /PRNewswire/ -- A subsidiary of Duke Energy (DUK) today announced it will acquire a portfolio of distributed fuel cell technology projects from Bloom Energy Corporation (BE), as part of the company's efforts to serve commercial and industrial customers' evolving energy needs and provide behind-the-meter generation. The company will purchase approximately 37 megawatts of Bloom Energy Servers and has already secured long-term power purchase agreements with creditworthy customers primarily located in California, Connecticut, Maryland and New York.
- Business Wire•15 days ago
Duke Energy to Offer Bloom Energy Distributed Fuel Cell Technology to Customers
A subsidiary of Duke Energy (DUK) today announced it will acquire a portfolio of distributed fuel cell technology projects from Bloom Energy Corporation (BE), as part of the company’s efforts to serve commercial and industrial customers’ evolving energy needs and provide behind-the-meter generation. The company will purchase approximately 37 megawatts of Bloom Energy Servers and has already secured long-term power purchase agreements with creditworthy customers primarily located in California, Connecticut, Maryland and New York.
- Motley Fool•18 days ago
3 Top Dividend Stocks With Yields Over 4%
High-yield stocks are hard to find these days. See why we like a couple of retail-focused companies and a utility for dividend income.
- American City Business Journals•18 days ago
How this NC manufacturing plant hit 'zero carbon' using Duke Energy service
Label maker UPM Raflatac says it now operates its Mills River manufacturing plant on carbon-free electricity through its purchase of renewable energy certificates as part of a recently established Duke Energy service for large-scale industrial and commercial customers.
