Duke Energy demonstrates robust financial health, with preferred dividends requiring just 1% of net income and strong earnings growth guidance. DUK targets 5-7% annual EPS growth through 2029, supported by a $100B capex plan, aiming for the top half of this range from 2028 onward. The Series A preferred (DUK.PR.A) is the sole outstanding preferred, offering a 5.75% coupon and trading below par, providing downside protection if called.
Duke Energy's hefty clean-energy and grid investments position the utility for rising electricity demand and long-term growth.
Duke Energy offers a defensive profile with stable returns, a 3.66% dividend yield, and measured growth potential. DUK's revenue and net income rose 5% and 14% year-over-year, respectively, while elevated debt servicing costs were at 11% of revenue, which makes it prone to interest rate risks. Compared to peers like NextEra with a P/E ratio of 22, DUK trades at a lower forward P/E of 18.5 and delivers stronger total returns, underpinned by fundamentals.
Duke Energy (DUK) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Mega cap tech stocks have continued to be the key growth engine for the U.S. economy.
Duke Energy is ramping up battery and pumped-storage capacity to boost grid reliability, cut costs and support rising renewable integration.
Duke Energy's clean-energy push, nuclear expansion and major capital plans highlight growth potential despite its premium valuation.
Duke Energy (DUK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
TipRanks' ranking service highlights three dividend-paying stocks, including Diamondback Energy and Permian Resources
Duke Energy (DUK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
DUK's Q3 results may reflect gains from grid upgrades, stronger power demand, and new solar output despite higher interest costs.
The latest trading day saw Duke Energy (DUK) settling at $127.26, representing a -1.37% change from its previous close.