During the recent session, Duke Energy Corporation (NYSE:DUK)’s traded shares were 1.44 million, with the beta value of the company hitting 0.34. At the last check today, the stock’s price was $109.48, reflecting an intraday gain of 0.58% or $0.63. The 52-week high for the DUK share is $116.33, that puts it down -6.26 from that peak though still a striking 12.79% gain since the share price plummeted to a 52-week low of $95.48. The company’s market capitalization is $82.85B, and the average intraday trading volume over the past 10 days was 3.27 million shares, and the average trade volume was 2.89 million shares over the past three months.
Duke Energy Corporation (DUK) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.60. DUK has a Sell rating from 0 analyst(s) out of 20 analysts who have looked at this stock. 11 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.98.
Duke Energy Corporation (NYSE:DUK) trade information
Duke Energy Corporation (DUK) registered a 0.58% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.58% in intraday trading to $109.48 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -1.09%, and it has moved by -5.69% in 30 days. Based on these gigs, the overall price performance for the year is 5.68%. The short interest in Duke Energy Corporation (NYSE:DUK) is 5.32 million shares and it means that shorts have 1.68 day(s) to cover.
The consensus price target of analysts on Wall Street is $116.00, which implies an increase of 5.62% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $102.00 and $123.00 respectively. As a result, DUK is trading at a discount of -12.35% off the target high and 6.83% off the low.
Duke Energy Corporation (DUK) estimates and forecasts
Statistics show that Duke Energy Corporation has outperformed its competitors in share price, compared to the industry in which it operates. Duke Energy Corporation (DUK) shares have gone up 7.11% during the last six months, with a year-to-date growth rate more than the industry average at 4.39% against 3.70. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -4.90% this quarter and then jump 5.60% in the quarter after that. In the rating firms’ projections, revenue will increase 5.80% compared to the previous financial year.
Revenue for the current quarter is expected to be $6.1 billion as predicted by 6 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $6.39 billion by the end of Mar 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $5.78 billion and $6.15 billion respectively. In this case, analysts expect current quarter sales to grow by 5.60% and then jump by 3.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.90%. While earnings are projected to return 188.40% in 2022, the next five years will return 6.34% per annum.
Duke Energy Corporation is due to release its next quarterly earnings between February 09 and February 14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Duke Energy Corporation is 3.94, with the dividend yield indicating at 3.62 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.17%.
Duke Energy Corporation (NYSE:DUK)’s Major holders
Duke Energy Corporation insiders own 0.11% of total outstanding shares while institutional holders control 63.12%, with the float percentage being 63.18%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 1,989 institutions own stock in it. As of Sep 29, 2021, the company held over 66.23 million shares (or 8.61% of all shares), a total value of $6.46 billion in shares.
The next largest institutional holding, with 53.11 million shares, is of Blackrock Inc.’s that is approximately 6.90% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $5.18 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Duke Energy Corporation (DUK) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 29, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 21.73 million shares. This amounts to just over 2.82 percent of the company’s overall shares, with a $2.12 billion market value. The same data shows that the other fund manager holds slightly less at 16.16 million, or about 2.10% of the stock, which is worth about $1.58 billion.