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Sunday, April 2, 2023

Analyst Expects Duke Energy Corporation (NYSE: DUK) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Duke Energy Corporation (DUK) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.57, or 0.61%, to $94.74. The Duke Energy Corporation has recorded 550,858 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Duke Energy Aims To Increase Graduation Rates in Greater Cincinnati With $100,000 Foundation Grant to Moon Shot for Equity.

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Stocks Info

As a NYSE listed company, DUK falls under the Utilities sector while operating within the Utilities – Regulated Electric industry segment. At the end of the last regular session, the stock closed at $94.17 and fluctuated between $96.53 as its day high and $92.72 as its day low. The current market capitalization of Duke Energy Corporation is $73.60B. A total of 4.06 million shares were traded on the day, compared to an average of 2.93M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DUK has seen 11 BUY and 24 SELL insider trades, representing the acquisition of 223,281 and the disposition of 100,416 shares. Over the last 12 months, there were 17 BUYs and 53 SELLs from insiders. Insiders purchased 232,821 shares during that period but sold 131,224.

In the most recent transaction, Renjel Louis E. sold 1,900 shares of DUK for 99.90 per share on Feb 13. After the transaction, the SVP, External Affairs & Comm now owns 9,967 company shares. In a previous transaction on Dec 01, YOUNG STEVEN K sold 415 shares at 100.84 per share. DUK shares that EVP & CCO owns now total 111,997.

Among the insiders who sold shares, Jamil Dhiaa M. disposed of 900 shares on Nov 10 at a per-share price of $95.01. This resulted in the EVP & Chief Operating Officer holding 58,057 shares of DUK after the transaction. In another insider transaction, YOUNG STEVEN K sold 415 shares at $93.57 per share on Nov 01. Company shares held by the EVP & CCO now total 112,412.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Duke Energy Corporation pays an annual dividend of $4.02, resulting in a dividend yield of 4.27%, and it has a price to earnings (P/E) ratio of 19.25. DUK’s most recent ex-dividend date was 2/16/2023 when it declared a $1.0050 quarterly dividend that was paid in cash on 3/16/2023. Previously, the company paid the dividend on 12/16/2022 with an ex-dividend date of 11/17/2022. The DUK stock dividend was $1.0050 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for DUK in the last 3 months, the mean price target is $106.50 with high estimates of $114.00 and low estimates of $93.00. In terms of 52-week highs and lows, DUK has a high of $116.33 and a low of $83.76.

As of this writing, DUK has an earnings estimate of $1.35 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.44 per share and a lower estimate of $1.26. The company reported an EPS of $1.78 in the last quarter, which was -3.30% lower than expectations of $1.84.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 18 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DUK is Underweight with a score of 3.62. A total of 5 analysts rated the stock as Buy while 1 rated it as Overweight while 11 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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