DUK hits a new 52-week high owing to the company's consistent strong performance and approval from the NRC to extend its largest nuclear plant's operations.
U.S. utility Duke Energy said on Monday the Nuclear Regulatory Commission (NRC) has approved the license renewal of its Oconee nuclear station in South Carolina for another 20 years.
In the most recent trading session, Duke Energy (DUK) closed at $118.15, indicating a -0.8% shift from the previous trading day.
Duke Energy (DUK) closed the most recent trading day at $119.31, moving -1.2% from the previous trading session.
One of the stocks that has outperformed the market is Duke Energy, a top name to consider after it hit a buy point on March 14. The post Duke Energy: A Stock That Has Outperformed As The Market Corrects appeared first on Investor's Business Daily.
Greece's prolonged market collapse highlights the risk of markets not recovering, emphasizing the importance of holding stable, essential service stocks like Duke Energy. Duke Energy offers stability through steady cash flows and reliable dividends, outperforming broader markets during downturns like the 2008 crisis and COVID-19 pandemic. Despite trading above historical P/E ratios, Duke's growth outlook is strong, with significant investments in grid modernization and regulatory momentum supporting future earnings.
Duke Energy (DUK) concluded the recent trading session at $118.21, signifying a +1.35% move from its prior day's close.
Duke Energy offers stability and reliable dividends, making it an attractive choice for income investors in a volatile market. DUK has a strong operational performance, with a 3.6% dividend yield backed by a 14-year growth streak and a manageable payout ratio. The preferred stock provides a higher 5.8% yield with added safety, trading at a slight discount to par value.
After over 300 days without a stock market correction, we may start trying to close in on one.
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.
Duke Energy Corporation (NYSE:DUK ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Corporate Participants Abby Motsinger - Vice President, Investor Relations Lynn Good - Chair and Chief Executive Officer Harry Sideris - President Brian Savoy - Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies Nicholas Campanella - Barclays David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Jeremy Tonet - JPMorgan Anthony Crowdell - Mizuho Durgesh Chopra - Evercore ISI Operator Hello and welcome to the Duke Energy Fourth Quarter and Year-End 2024 Earnings. My name is Elliot, I'll be your coordinator today.
DUK's fourth-quarter 2024 earnings beat estimates, and revenues increase year over year.