Searching For Real Value In Market Debris At Duke Energy Corp. (NYSE: DUK)

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. Yahoo Finance discussed the stock recently as it posted Duke Energy Florida Donation Connects Pinellas County High School Students With Powerful Opportunity at St. Petersburg College.

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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 $95.25 and fluctuated between $96.07 as its day high and $94.76 as its day low. The current market capitalization of Duke Energy Corp. is $73.41B. A total of 3.14 million shares were traded on the day, compared to an average of 3.27M 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 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 29 BUYs and 55 SELLs from insiders. Insiders purchased 346,397 shares during that period but sold 144,463.

In the most recent transaction, Ghartey-Tagoe Kodwo sold 2,500 shares of DUK for 89.76 per share on Nov 21. After the transaction, the EVP, CLO & Corp Sec now owns 22,210 company shares. In a previous transaction on Aug 17, MCKEE E MARIE sold 1,785 shares at 91.06 per share. DUK shares that Director owns now total 0.

Among the insiders who sold shares, Ghartey-Tagoe Kodwo disposed of 2,500 shares on Aug 16 at a per-share price of $91.43. This resulted in the EVP, CLO & Corp Sec holding 24,710 shares of DUK after the transaction. In another insider transaction, Renjel Louis E. sold 1,900 shares at $99.90 per share on Feb 13. Company shares held by the SVP, External Affairs & Comm now total 9,967.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Duke Energy Corp. pays an annual dividend of $4.08, resulting in a dividend yield of 4.29%, and it has a price to earnings (P/E) ratio of 60.53. DUK’s most recent ex-dividend date was 2/15/2024 when it declared a $1.0250 quarterly dividend that was paid in cash on 3/18/2024. Previously, the company paid the dividend on 12/18/2023 with an ex-dividend date of 11/16/2023. The DUK stock dividend was $1.0250 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 $104.00 with high estimates of $120.00 and low estimates of $89.00. In terms of 52-week highs and lows, DUK has a high of $101.91 and a low of $83.06.

As of this writing, DUK has an earnings estimate of $1.54 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.57 per share and a lower estimate of $1.48. The company reported an EPS of $0.91 in the last quarter, which was -7.10% lower than expectations of $0.98.

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. DUK’s latest balance sheet shows that the firm has $341.00M in Cash & Short Term Investments as of fiscal 2021. There were $68.26B in debt and $15.93B in liabilities at the time. Its Book Value Per Share was $61.02, while its Total Shareholder’s Equity was $51.14B.

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, 0 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 Buy with a score of 4.06.

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