Company Update (NYSE:DUK): Duke Energy recognizes 2015 Power Partners

[PR Newswire] – CHARLOTTE, N.C., Jan. 11, 2016 /PRNewswire/ — Creativity, innovation and a commitment to leadership are just some of the distinguishing marks that identify the organizations selected for the 2015 Duke … Read more on this. Duke Energy Corporation (DUK) , valued at $49.24B, started the session at $71.25. Looking at the stock, its one day range is $71.20 to $71.92 with its 52-week range being $65.50 to $89.97. Priced at 15.51x this year’s forecasted earnings, DUK shares are relatively expensive compared to the industry’s 4.67x forward p/e ratio. And for passive income investors, the company pays shareholders $3.30 per share annually in dividends, yielding 4.62%. Consensus earnings for the current quarter by the 15 sell-side analysts covering the stock is an estimate of $0.92 per share, which would be $0.06 better than the year-ago quarter and a $0.02 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $4.58 would be a $0.03 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.45 Billion. If realized, that would be a 16.01% increase over the year-ago quarter. In terms of ratings, Scotia Howard Weil Initiated DUK at Sector Perform (Nov 17, 2015). Previously, BMO Capital Markets downgraded DUK from Outperform to Market Perform. Investors should keep in mind is that the average price target is $75.58, which is 6.08% above where the stock opened this morning. See more in (NYSE:DUK) Similar Articles: Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy reports third quarter 2015 financial results Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy reports second quarter 2015 financial results Stock Update: Duke Energy Corp (NYSE:DUK) – Duke Energy CEO Lynn Good comments on EPA’s Clean Power Plan