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Duke Energy (DUK) Rises As Market Takes a Dip: Key Facts
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Duke Energy (DUK - Free Report) closed at $125.90 in the latest trading session, marking a +1.89% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.31%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.38%.
The electric utility's stock has climbed by 8.39% in the past month, exceeding the Utilities sector's gain of 6.68% and the S&P 500's gain of 0.87%.
The upcoming earnings release of Duke Energy will be of great interest to investors. The company's earnings report is expected on November 5, 2026. The company is forecasted to report an EPS of $1.87, showcasing a 3.31% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.9 billion, up 4.15% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.72 per share and a revenue of $33.81 billion, signifying shifts of +6.5% and +4.89%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Duke Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.03% higher. As of now, Duke Energy holds a Zacks Rank of #3 (Hold).
In terms of valuation, Duke Energy is currently trading at a Forward P/E ratio of 18.39. This represents a premium compared to its industry average Forward P/E of 17.13.
One should further note that DUK currently holds a PEG ratio of 2.88. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. DUK's industry had an average PEG ratio of 2.6 as of yesterday's close.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 93, positioning it in the top 38% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Duke Energy (DUK) Rises As Market Takes a Dip: Key Facts
Duke Energy (DUK - Free Report) closed at $125.90 in the latest trading session, marking a +1.89% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.31%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.38%.
The electric utility's stock has climbed by 8.39% in the past month, exceeding the Utilities sector's gain of 6.68% and the S&P 500's gain of 0.87%.
The upcoming earnings release of Duke Energy will be of great interest to investors. The company's earnings report is expected on November 5, 2026. The company is forecasted to report an EPS of $1.87, showcasing a 3.31% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.9 billion, up 4.15% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $6.72 per share and a revenue of $33.81 billion, signifying shifts of +6.5% and +4.89%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Duke Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.03% higher. As of now, Duke Energy holds a Zacks Rank of #3 (Hold).
In terms of valuation, Duke Energy is currently trading at a Forward P/E ratio of 18.39. This represents a premium compared to its industry average Forward P/E of 17.13.
One should further note that DUK currently holds a PEG ratio of 2.88. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. DUK's industry had an average PEG ratio of 2.6 as of yesterday's close.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 93, positioning it in the top 38% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.