$57 billion Duke Energy (DUK) delivered total returns of 14% in the last one year. By comparison, the Utilities Select Sector SPDR (XLU) returned 13% while peer Southern Company (SO) delivered 9% returns in the same period.
The total return metric is one of the most useful ways of analyzing utility performances because it considers a stock’s appreciation as well the dividends paid during a particular period.
NextEra Energy (NEE) and Dominion Resources (D) returned 20% and 13%, respectively. Duke and many other utility peers underperformed broader markets (SPY) (SPX-INDEX), most likely due to the post-election rally in the latter.
Continue to the next and final part of this series for a look at analyst recommendations and target prices for Duke Energy.