[PR Newswire] – CRYSTAL RIVER, Fla., March 26, 2014 /PRNewswire/ — Duke Energy Florida announced today it will sell 76 unused nuclear fuel assemblies from its retired Crystal River Nuclear Plant north of Tampa through …
Read more on this.
Duke Energy Corporation (DUK), with a current value of $49.40B, started the session at $68.61.
Looking at today’s market, DUK one day range is $69.23 to $70.09 with the price of the stock fluctuating between $64.16 to $75.46 over the last 52 weeks.
DUK shares are currently priced at 15.33x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.48x earnings multiple.
The company pays shareholders $3.12 per share annually in dividends, yielding 4.50%.
Consensus earnings for the current quarter by the 9 sell-side analysts covering the stock is an estimate of $1.08 per share, which would be $0.06 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $4.56, which would be a $0.21 better than last year.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.23 Billion. If realized, that would be a 5.59% increase over the year-ago quarter.
Recently, 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 $74.89, which is 9.15% above where the stock opened this morning.
Summary (NYSE:DUK) : Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in Ohio and Kentucky; and transports and sells natural gas in Southwestern Ohio and Northern Kentucky. This segment owns approximately 50,000 megawatts of generation capacity; and uses coal, oil, hydroelectric, natural gas, and nuclear fuel to generate electricity. It serves approximately 7.2 million retail electric customers in 6 states in the Southeast and Midwest regions of the United States with a service area covering approximately 104,000 square miles; approximately 500,000 retail natural gas customers in southwestern Ohio and northern Kentucky. This segment is also involved in the wholesale of electricity to incorporated municipalities, electric cooperative utilities, and other load-serving entities. The International Energy segment operates and manages power generation facilities; and markets and sells electric power, natural gas, and natural gas liquids. This segment serves retail distributors, electric utilities, independent power producers, marketers, and industrial and commercial companies. The Commercial Power segment owns, operates, and manages power plants, as well as is involved in the wholesale marketing and procurement of electric power, fuel, and emission allowances related to plants. It also retails electricity; and operates and develops transmission projects. This segment generates electricity through coal, natural gas, and renewable energy sources. 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) .