Media headlines about Duke Energy Corporation (NYSE:DUK) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Duke Energy Corporation earned a news impact score of 0.23 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 46.7260435228989 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Key Predictions for Q3 Earnings Reports of DUK, AEE, CNP, PNW – Nasdaq (nasdaq.com)
- More coal-ash depositions in Duke Energy’s NC rate case – Charlotte Business Journal (bizjournals.com)
- Duke Energy Foundation invests $216,500 to protect and restore Florida’s wildlife and natural resources (finance.yahoo.com)
- Duke proposes solar farm, batteries for Camp Atterbury (wishtv.com)
- Buy a South Carolina power company? Southern Co. calls it ‘a long putt’ amid furor over nuclear project (postandcourier.com)
A number of brokerages have recently weighed in on DUK. Zacks Investment Research upgraded shares of Duke Energy Corporation from a “sell” rating to a “hold” rating in a research note on Monday. Morgan Stanley boosted their price objective on shares of Duke Energy Corporation from $87.00 to $89.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 10th. BMO Capital Markets reiterated a “hold” rating and set a $87.00 target price (up from $85.00) on shares of Duke Energy Corporation in a research note on Friday, August 4th. Deutsche Bank AG reiterated a “hold” rating and set a $84.00 target price (up from $83.00) on shares of Duke Energy Corporation in a research note on Wednesday, August 9th. Finally, BidaskClub upgraded shares of Duke Energy Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company’s stock. Duke Energy Corporation has an average rating of “Hold” and an average target price of $86.25.
Duke Energy Corporation (NYSE:DUK) last posted its earnings results on Thursday, August 3rd. The utilities provider reported $1.01 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.01. Duke Energy Corporation had a return on equity of 7.72% and a net margin of 9.89%. The company had revenue of $5.56 billion during the quarter, compared to the consensus estimate of $5.76 billion. During the same quarter last year, the firm earned $1.07 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Stockholders of record on Friday, November 17th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date is Thursday, November 16th. Duke Energy Corporation’s dividend payout ratio is currently 105.64%.
In other news, EVP Douglas F. Esamann sold 5,000 shares of Duke Energy Corporation stock in a transaction on Monday, August 14th. The stock was sold at an average price of $86.22, for a total transaction of $431,100.00. Following the completion of the sale, the executive vice president now owns 50,316 shares of the company’s stock, valued at $4,338,245.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.07% of the stock is currently owned by company insiders.
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About Duke Energy Corporation
Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.
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