Market Update: Duke Energy Corp (NYSE:DUK) – Duke Energy announces leadership changes

[PR Newswire] – CHARLOTTE, N.C., April 12, 2016 /PRNewswire/ — Duke Energy today announced leadership changes. Dhiaa Jamil, 59, will become executive vice president and chief operating officer. Jamil currently oversees … Read more on this. Duke Energy Corporation (DUK) , valued at $55.19B, started the session at $79.75. Today’s price range has been between $79.35 and $80.13 per share with the price of the stock fluctuating between $65.50 to $81.39 over the last 52 weeks. Duke Energy (DUK) shares are currently priced at 17.27x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.76x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $3.30 per share annually in dividends, yielding 4.14%. In a review of the consensus earnings estimate this quarter, 9 sell-side analysts are looking at $1.17 per share, which would be $0.07 worse than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $4.60 which would be a $0.06 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.03 Billion. If reported, that would be a 0.50% 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 is $79.09, which is 0.83% below where the stock opened this morning. See more in (NYSE:DUK) Similar Articles: Market Update: Duke Energy Corp (NYSE:DUK) – Duke Energy Indiana renews commitment to clean energy with upgrades at Markland Hydro Station Market Update: Duke Energy Corp (NYSE:DUK) – Repko to lead Duke Energy’s fossil/hydro organization 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