Market Update: Duke Energy Corp (NYSE:DUK) – Repko to lead Duke Energy’s fossil/hydro organization

[PR Newswire] – CHARLOTTE, N.C., March 16, 2016 /PRNewswire/ — Regis Repko, Duke Energy’s senior vice president of nuclear governance, projects and engineering, has been named the company’s senior vice president and … Read more on this. Duke Energy Corporation (DUK) , valued at $53.26B, started trading this morning at $77.50. Looking at the stock, its one day range is $77.08 to $78.24 with a one year range of $65.50 to $80.10. DUK shares are currently priced at 16.86x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.16x earnings multiple. And for dividend hunters, the company pays shareholders $3.30 per share annually in dividends, yielding 4.24%. According to a consensus of 9 analysts, the earnings estimate of $1.18 per share would be $0.06 worse than the year-ago quarter and a $0.02 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $4.61 would be a $0.07 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 $6.04 Billion. If realized, that would be a 0.33% decrease over the year-ago quarter. Recently, JP Morgan downgraded DUK from Overweight to Neutral (Feb 19, 2016). Previously, Wells Fargo downgraded DUK from Outperform to Market Perform. The average price target for DUK shares by the analysts covering the stock is $77.47, which is 0.04% below where the stock opened this morning. See more in (NYSE:DUK) Similar Articles: Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy customers surpass 1 terawatt of energy savings through My Home Energy Report Program Market Update: Duke Energy Corp (NYSE:DUK) – SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Piedmont Natural Gas Company, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Duke Energy Corp. — PNY Market Update: Duke Energy Corp (NYSE:DUK) – Relief efforts in the Carolinas get boost with $100,000 donation from Duke Energy