Duke Energy Corp.
Latest Duke Energy Corp. News and Updates
Best Hydroelectric Stocks for Renewable Energy Investors in 2021
A Look at Analysts’ Views and Price Targets on Southern Company
According to Wall Street analysts, Southern Company (SO) has a price target of $51.22 compared with its current market price of $51.53. This implies an estimated downside of 0.6%.
Are These Utilities’ Earnings Enough to Attract You?
US utilities (XLU) are targeting average annual earnings growth of 4%–6% for the next few years.
What Investors Should Know about Dominion Energy’s Dividends
Dominion Energy’s (D) payout ratio (the percentage of profit that it gave away in the form of dividends) was 81% in 2016, which is higher than the industry average and slightly on the lower side of its five-year payout average of 85%.
DUK, AWK, FE: Why These Utility Stocks Are in Focus
NRG Energy (NRG) has risen 23.1% in the past year, the most among high-volatility utility stocks.
Analyzing US Regulated Utilities’ Total Returns
US mid-size regulated utilities outperformed their bigger counterparts in the past year. Their rally was much steeper—this boosted total returns.
Utilities with Maximum Returns in the Last Five Years
NextEra Energy (NEE), the biggest component of the Utilities ETF (XLU), had total returns of 130% in the last five years.
How Top Utility Stocks Fared in the First Half of 2018
The utility sector, among the most vulnerable to interest rate hikes, seems strong despite the rate hike in mid-June.
Strong Dollar Will Likely Drag AES Corporation’s 4Q15 Numbers
In 4Q15, AES Corporation is expected to report earnings of $0.33 per share in 4Q15—compared to earnings of $0.41 per share in 4Q14.
A Look at American Electric Power’s Healthy Credit Profile
American Electric Power (AEP) has an attractive debt profile, with the company’s debt making up just 7% of its consolidated debt.
NextEra Energy: A Look at Analysts’ Price Targets
According to Wall Street analysts, NextEra Energy (NEE) has the potential to rise 11% during the next year.
How Dominion Energy’s Dividend Profile Compares to Peers
Dominion Energy (D), the third-largest utility, declared a per share dividend of $0.84 per share for 1Q18 last month.
Generation Capacity Additions: Which Source Will Lead in 2016?
New power generation capacity additions in 2015 were mainly contributed by wind, natural gas, and solar. This trend is expected to persist in 2016 as well.
Will AES’s Unstable Earnings Even out Soon?
AES’s management forecasts an 18% fall in EPS (earnings per share) this year due to currency fluctuations and weaker power prices globally.
What Are Institutional Investors Doing with NRG Energy?
Institutional investors decreased their positions in NRG Energy (NRG) in June 2016.
Southern Company and Duke Energy’s Payout Ratios
For the last 12 months, Southern Company’s (SO) payout ratio was ~76%, while Duke Energy’s (DUK) ratio was close to 97%.
Will Duke Energy Stock Continue to Recover?
Currently, Duke Energy (DUK) stock is trading 3% above its 50-day moving average and 3% below its 200-day moving average.
Utility Sector: Will Investors Continue Their Defensive Positions?
The Utilities Select Sector SPDR ETF (XLU), which tracks the performance of the utility sector, rose 2.7% in November 2017.
Top Utilities’ Total Returns in the Past Year
NextEra Energy (NEE) leads the pack with total returns of 21% in the past year. NextEra Energy increased its dividend per share 13%.
Figuring Out Which Is Better: Utility Stocks or ETFs?
Though electric sales have shown flattish growth in the last few years, US utilities have managed to distribute stable or increasing dividends.
No Analysts Recommend a “Sell” on Xcel Energy
Of the 18 analysts tracking Xcel Energy, 13 recommend it as a “hold,” five recommend it as a “buy,” and none recommend it as a “sell.”
How Has Duke Energy Performed Recently?
Duke Energy stock is currently trading at an EV-to-EBITDA valuation multiple of 12.5x against its five-year historical average of 11.0x.
These US Utilities Are Trading at Towering Valuations
Dominion Energy’s (D) five-year average valuation multiple is around 14x, while the industry average is near 10x.
Utilities Debt: A Growth Driver or a Risk Alert?
Utilities borrowed heavily in the post-financial crisis in order to take advantage of the near-zero interest rates. As a result, the leverage of utilities increased significantly
Adage Capital adds a new position in Mallinckrodt
Adage Capital added a new position in Mallinckrodt Plc (MNK) in the third quarter of 2014. The position accounted for 0.82% of the fund’s total portfolio.
What’s Ahead for Duke Energy Stock?
Duke Energy rallied 9% in 2016, roughly tracking the Utilities Select Sector SPDR. Dominion Resources rose 12% in 2016, while Peer NextEra Energy rose 15%.
Huge Rise in FirstEnergy’s Short Interest: What It Means
Short interest in FirstEnergy rose more than 17% on March 15, 2017. Total shorted shares in the company were 8.7 million on February 28, 2017.
Analyzing Top Utilities’ Current Valuation
Currently, utilities are trading at a PE (price-to-earnings) multiple of 13x—compared to their historical average valuation of ~14x–15x.
How Do Analysts View Dominion Resources’s Dim Outlook for 2017?
Analysts expect a 9.2% rise in Dominion Resources (D) over the next year.
How Analysts See Dominion Resources ahead of Its 4Q16 Earnings
Of the 21 analysts tracking Dominion Resources on January 20, 2017, four recommended it as a “strong buy,” while three recommended it as a “buy.”
What Factors Triggered NiSource’s 2Q16 Earnings?
NiSource (NI) reported its 2Q16 earnings on August 2, 2016. It reported net operating earnings of $0.08 per share in the quarter.
Analysts Expect Huge Upside Potential in PPL Stock
According to analysts’ consensus, PPL (PPL) stock offers a handsome potential upside of ~22% in a year with a mean target price of $33.5.
Southern Company Stock Surges after Its 2Q17 Earnings
At 4.8%, Southern Company is currently the highest-yielding utility among the top utilities in the sector.
Which Utility Will Pay Higher Dividends in 2017?
NextEra Energy (NEE) paid annual dividends of $3.48 per share in 2016, while Southern Company (SO) paid $2.22 per share last year.
What to Expect From NextEra Energy and Its Peers in Q2
NextEra Energy (NEE) will likely report its second-quarter earnings on July 24. The utility is expected to report an EPS of $2.28 for the quarter ended June 30.
Why Duke Energy is the largest electric utility in the US
Duke Energy Corporation (DUK) is a heavyweight in the U.S. electric utilities industry. It mainly operates in the U.S. and Latin America. In 2013, its operations had $24.6 billion in revenue.
Will US Utility Mergers and Acquisitions Increase after Brexit?
Investors may prefer to remain safe during turbulent times and could turn to utilities as Brexit becomes a reality.
NRG Energy’s Price Targets and Analyst Recommendations
According to Wall Street analysts, NRG Energy’s (NRG) price target for the next year is $20.36. That implies an estimated rise of nearly 12.0%.
American Electric Power’s Dividend Yield Compared to Peers
American Electric Power (AEP), one of the largest utilities in the country, has declared a dividend of $0.59 per share for the third quarter of 2017.
Which Utility Will Pay Higher Dividends in 2017?
NextEra Energy (NEE) paid dividends of $3.48 per share in 2016. In 2017, it’s expected to pay dividends of $3.93 per share.
How Hurricane Irma Affected Duke Energy’s 3Q17 Earnings
Duke Energy reported total revenues of $6.5 billion in 3Q17 against its revenues of $6.8 billion in the corresponding quarter last year.
Which Utility Delivered the Highest Total Returns This Year?
Although utilities’ total returns were dominated mostly by stock appreciation this year, stable and increasing dividends were also an important factor.
Energy Sources: Capacity Factor and Capacity Additions
Capacity additions in wind power have been quite volatile over the past few years due to uncertainty over tax incentive policies.
What Do Brokers Think of AES before 2Q16 Earnings?
Wall Street analysts have given AES (AES) an estimated median price target of $13. It implies a possible upside of 3% in the next year.
NEE, DUK, SO, and D: Comparing Top Utilities’ Total Returns
NextEra Energy (NEE) beat its peers in terms of returns in the last few years. NextEra Energy returned 14% in 2018.
D, DUK, NEE, and SO: Top Utilities’ Dividends
Dominion Resources (D) paid annual dividends of $2.80 in 2016. Duke Energy (DUK) paid dividends of $3.36 per share last year.
Utility Stocks Slipped, Treasury Yields Raced to a Record High
US utility stocks slipped 0.8% on May 15 after ten-year Treasury yields peaked at 3.1%—a seven-year high. Broader markets also corrected 0.7%.
Utilities Sector: Stock Market Update for Week Ended July 17
Of the 41 utilities stocks we track, 30 gained during the week ended July 17. A positive Greek deal cheered markets globally, and dovish comments by the Fed pushed mid-to-long-term bond yields down.
DUK, SO, and PPL: How Are Top US Utilities Valued Currently?
Duke Energy (DUK) has corrected more than 12% since July 2016. The Utilities Select Sector SPDR (XLU) has also witnessed similar weakness during this period.
NEE Has One of the Cleanest Generation Mixes in the US
NextEra Energy (NEE) has one of the cleanest generation mixes among peers.
Top Utilities’ Historical Dividend Growth
On average, utilities increased their dividend per share ~4% compounded annually in the last five years.
How Dominion Energy Stock Is Valued versus Peers
Dominion Energy (D) stock currently looks attractively valued. It’s trading at a forward PE of 17.5x against its five-year historical average PE of 24x.
How Xcel Energy’s Payout Ratio Stacks Up
Xcel Energy’s dividend statistics Let’s take a look at Xcel Energy’s (XEL) dividend profile. The company, which has raised its dividends in the last 15 consecutive years, had a payout ratio of 63% in 2017. Payout ratios represent how much of companies’ profits are distributed to shareholders in the form of dividends. Utilities pay a large portion […]
XLU: How US Utilities Are Currently Valued
So far, US utilities have had a decent run this year. The Utilities Select Sector SPDR ETF (XLU) has risen more than 14%.
A Look at Southern Company’s Expected Dividend Growth
US utilities (XLU) plan to increase their per share dividends 4.0%–6.0% annually going forward. That’s in line with their target earnings growth for the next few years.
Xcel Energy’s 4Q16 Revenues Rose 5%, Missed Estimates
Xcel Energy (XEL) reported its 4Q16 and fiscal 2016 financial results on February 2, 2017. It reported total revenues of $2.8 billion.
Must-know: US power sector and its indicators
The power sector is the backbone of any economy. All of the other industries depend on it. In the U.S., the power utilities business is characterized by steady dividends and stable earnings.
How’s Duke Energy Placed for Its 2Q16 Earnings?
Duke Energy forecasts its earnings to grow annually by 4%–6% in the long term. It has given an earnings guidance range of $4.50–$4.70 per share for 2016.
Analysts Turned Positive on Southern Company Stock
According to Wall Street analysts’ consensus, Southern Company (SO) stock has a target price of $51.41—compared to its current price of $48.94.
Analyzing the 10 Top-Yielding SPX Utility Stocks
The Utilities Select Sector SPDR ETF (XLU), which represents the S&P 500 Utilities Index, currently yields 3.5%. In this series, we’ll discuss the top ten highest-yielding utility stocks from the S&P 500 Utilities Index.
What Moved Utilities Last Week?
Rate cut expectations continued to drive broader markets last week. The utilities sector fell 0.4%, while SPY fell 1.2% for the week ending July 19.
How Returns Impact Utility Stocks’ Implied Volatility
NRG Energy (NRG) rose 5.1% on a YTD (year-to-date) basis. It has the highest implied volatility of all the utility companies that make up XLU.
Returns of Utilities with High and Low Implied Volatilities
NextEra Energy (NEE) has the lowest implied volatility of all the utility companies that are part of XLU. Its YTD returns are 20.5%.
Will Weather Impact Duke Energy’s Sales in 2Q16?
Duke Energy (DUK) is North America’s largest utility by market capitalization. It will report its 2Q16 financial results on August 4, 2016.
NEE, DUK, SO, and D: Largest Utilities’ Dividend Outlook
Dominion Energy (D) and NextEra Energy’s (NEE) stronger earnings growth potential could facilitate their dividend growth.
How Does American Electric Power’s Credit Profile Look among Peers?
At the end of 2Q16, AEP had total debt of $21.6 billion. Its DE ratio stands at 1.2x, while its debt-to-market-capitalization ratio is 0.7x.
Southern Company’s Dividend Profile before Its Ex-Dividend Date
Georgia-based Southern Company (SO) declared a dividend of $0.58 per share on July 18, 2017. Its ex-dividend date is August 17, 2017.
NEE, DUK, SO, and D: Total Returns in 2018
Including dividends, NextEra Energy has returned almost 10% in 2018. The total returns from utilities (XLU) at large were ~3% during the same period.
Analysts Seem Positive on NextEra Energy
Of the 21 analysts tracking NextEra Energy, 18 analysts gave it “buy” recommendations, and three analysts gave it “hold” recommendations.
Analyzing Top Utilities’ Free Cash Flow Trends
The top four utilities have failed to generate positive free cash flows in the last few years.
Top Utilities’ Price Targets and Analysts’ Recommendations
Analysts’ consensus price target for Duke Energy (DUK) is $80.89. Its current market price is $82.99. It implies a fall of nearly 2.5% over the next year.
Looking at Duke Energy’s Generation Mix
In 2008, coal accounted for almost half of the total power generation in the country, while coal-fired generation made up 30% of total power in 2016.
Which US Utilities Have the Highest Generation Capacities?
Duke Energy (DUK) has the largest generation capacity among US utilities, leading with more than 52.7 gigawatts of total capacity.
Analysts’ Views and Price Targets for Duke Energy and Peers
Analyst price target According to Wall Street analysts’ consensus, Duke Energy (DUK) stock has a mean price target of $82.30 and a current market price of $77.20, suggesting upside potential of 6.5% in the next 12 months. Among the 18 Wall Street analysts tracking Duke Energy on February 26, 2018, one had recommended “strong buy,” four had recommended “buy,” […]
Implied Volatility: Utilities versus Broader Markets
On August 24, the Utilities Select Sector SPDR ETF (XLU) had an implied volatility of 11%—marginally lower than its 15-day average.
Analyzing Dominion Energy’s Dividend Profile
Dominion Energy (D) stock has been on a notable downtrend in the last few months. It has corrected more than 12% year to date.
Must-know: Duke Energy’s generation and fuel mix
Duke Energy’s (DUK) electricity generation portfolio is regionally diversified. The fuel type that’s used to produce electricity is also diversified. Duke has a generation capacity of 57,500 megawatts (or MW) in the U.S.
Must-know: Duke Energy’s operating segments
Duke Energy (DUK) operates in three business segments—Regulated Utilities, Commercial Power, and International Energy. Regulated utilities are responsible for most of Duke Energy’s retail sales.
Why Analysts Are Expecting AES Earnings to Fall in 2Q16
Analysts expect AES (AES) to report earnings of $0.16 per share in 2Q16. In the same quarter last year, it reported earnings of $0.25 per share.
What Analysts Recommend for Duke Energy
The consensus Wall Street analyst price target for Duke Energy (DUK) is $80.67. Its current market price is $81.87, implying a fall of 1.5% over the next year.
XEL, PPL, and DUK: Analyzing Utilities’ Valuation
Xcel Energy is trading at an EV-to-EBITDA valuation of 10x. Its five-year historical average valuation multiple is 10x. The industry average is at 10.5x.
Investment-Grade Bond Funds Witnessed Inflows
The flows into investment-grade bond funds were positive for the week ending November 18. Investment-grade bond funds saw net inflows of $945.0 million.
What Are Analysts’ Price Targets for AES before Its 3Q Results?
According to Wall Street analysts, AES has an estimated upside of 6.5% for the next year with a price target of $12.83. Currently, it’s trading at $12.
The Best Utility Stock out There: NEE, DUK, or SO?
Over the past few years, utility stocks have given enormous returns and have largely followed broader markets.
Analyzing Utilities’ Recent Dividends and Expected Increases
Xcel Energy (XEL) paid total dividends of $1.36 per share in 2016. It was more than a 6% increase compared to its dividends in 2015.
Looking at Xcel Energy’s Future Dividend Growth
Expected dividend growth As discussed in the previous part, in the last five years, Xcel Energy (XEL) has increased its per-share dividends more than the industry has. It aims for similar dividend growth going forward, targeting annual ~6% per-share dividend growth for the next few years. Regulated utilities Duke Energy (DUK) and Southern Company (SO) are […]
Analyzing Duke Energy’s Expected 3Q16 Earnings and Its Drivers
Duke Energy (DUK) is the second-largest utility by market capitalization. It will report its 3Q16 financial results on November 4, 2016.
Analyzing Southern Company’s Implied Volatility
On July 10, 2017, Southern Company’s implied volatility was ~14%. Its 15-day average implied volatility is near 13%.
How US Utilities’ Earnings Are Positioned in Changing Environment
Flattish growth prospects in the electric business have led US utilities to expand beyond their traditional utility operations.
Why different types of charts are used in technical analysis
Chart inspection is the basic form of technical analysis. In technical analysis charts, we can customize the time frames in the charts. We can also identify different trends in different time frames.
Where Southern Company’s Valuation Stands among Peers
US utilities stocks appear to be valued fairly this year, as compared to their towering valuations last year.
Inside Duke Energy’s Dividend Outlook
Duke Energy (DUK) is targeting an annual earnings growth rate of 4%–6% through 2021, which is in line with the industry average.
What Analysts Recommend for NRG Energy ahead of 4Q16 Earnings
According to Wall Street analysts, NRG Energy’s (NRG) price target for the next year is $18.46, which implies an estimated gain of nearly 8% in the next year from its current price of $17.10.
SO or DUK: Which Utility Has the Best Growth Prospects?
Duke Energy (DUK) seems to have a marginal edge over Southern Company (SO) due to its relatively stable earnings growth prospects.
Analyzing Dominion Resources’s Current Valuations
Dominion Resources (D) seems to be trading at a premium compared to the industry average and its historical average. It’s currently trading at an EV-to-EBITDA multiple of 15x.
Utilities’ Premium Dividend Yield
Investors usually prefer utilities due to their ability to pay higher dividends. Currently, utilities are trading at an average dividend yield of 3.5%.
How Is Duke Energy Valued Compared to Peers?
Investors may find US utilities cheaper than they were a couple of months ago. On November 22, 2016, Duke Energy was trading at an EV-to-EBITDA of 11x.
Have US Utilities Become Overvalued?
So far in 2017, US utilities seem to be fairly valued compared to 2016. But as compared to five-year averages, these stocks appear to be at a premium.
NextEra Energy’s Dividend Profile: The Pros and Cons
NextEra Energy (NEE), a $60-billion company, paid dividends of $0.98 per share in 1Q17—an increase of 13% from its dividend in 4Q16.
Which S&P 500 Utilities Received a Target Price Change?
Duke Energy is trading at $77.5. Wall Street analysts gave Duke Energy a mean target price of $81.5.