[PR Newswire] – CHARLOTTE, N.C., Jan. 31, 2014 /PRNewswire/ — Duke Energy Carolinas customers set a new all-time record for electricity usage yesterday of 20,799 megawatt-hours (MWh) for the hour ending 8 a.m. That exceeds …
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Duke Energy Corporation (DUK), valued at $49.74B, opened at $69.37.
During today’s session, DUK traded between $69.35 to $70.50 and has traded between $64.16 and $75.46 over the past year.
Duke Energy (DUK) shares are currently priced at 16.18x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.55x earnings multiple for the same period.
And for dividend hunters, the company pays shareholders $3.12 per share annually in dividends, yielding 4.60%.
Consensus earnings for the current quarter by the 13 sell-side analysts covering the stock is an estimate of $0.95 per share, which would be $0.25 better than the year-ago quarter and a $0.08 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $4.32, which would be a $0.00 setback when compared to the last year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.32 Billion. If realized, that would be a 10.88% increase over the year-ago quarter.
In terms of ratings, CRT Capital Initiated DUK at Buy (Nov 5, 2013). Previously, Deutsche Bank upgraded DUK from Hold to Buy.
When considering if the stock is under or overvalued, the average price target is $73.20, which is 5.52% above where the stock opened this morning.
Duke Energy Corp (NYSE:DUK), operates as an energy company in the United States and Latin America. The company operates in three segments: U.S. Franchised Electric and Gas, Commercial Power and International Energy. Duke Energy Corporation was founded in 1916 and is headquartered in Charlotte, North Carolina.
Tag Helper ~ Stock Code: DUK | Common Company name: Duke Energy | Full Company name: Duke Energy Corp (NYSE:DUK) .