Now Is A Good Time To Buy Duke Energy Corp (NYSE: DUK)

During the recent session, Duke Energy Corp (NYSE:DUK)’s traded shares were 1.4 million, with the beta value of the company hitting 0.36. At the last check today, the stock’s price was $115.31, reflecting an intraday gain of 0.64% or $0.73. The 52-week high for the DUK share is $125.27, that puts it down -8.64 from that peak though still a striking 13.96% gain since the share price plummeted to a 52-week low of $99.21. The company’s market capitalization is $89.63B, and the average intraday trading volume over the past 10 days was 2.47 million shares, and the average trade volume was 3.82 million shares over the past three months.

Duke Energy Corp (DUK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.17. DUK has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it.

Duke Energy Corp (NYSE:DUK) trade information

Duke Energy Corp (DUK) registered a 0.64% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.64% in intraday trading to $115.31, hitting a weekly high. The stock’s 5-day price performance is -1.68%, and it has moved by -1.70% in 30 days. Based on these gigs, the overall price performance for the year is 14.39%. The short interest in Duke Energy Corp (NYSE:DUK) is 9.68 million shares and it means that shorts have 2.51 day(s) to cover.

The consensus price target of analysts on Wall Street is $135, which implies an increase of 14.59% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $135 and $135 respectively. As a result, DUK is trading at a discount of -17.08% off the target high and -17.08% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 2.25%. While earnings are projected to return 7.20% in 2025, the next five years will return 6.65% per annum.

DUK Dividends

Duke Energy Corp is due to release its next quarterly earnings on 2025-May-06. 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 Corp is 4.18, with the dividend yield indicating at 3.63 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 3.99%.

Duke Energy Corp (NYSE:DUK)’s Major holders

Duke Energy Corp insiders own 0.14% of total outstanding shares while institutional holders control 68.95%, with the float percentage being 69.05%. VANGUARD GROUP INC is the largest shareholder of the company, while 2718.0 institutions own stock in it. As of 2024-06-30, the company held over 71.23 million shares (or 9.2263% of all shares), a total value of $7.14 billion in shares.

The next largest institutional holding, with 58.48 million shares, is of BLACKROCK INC.’s that is approximately 7.5754% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5.86 billion.

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