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Added to YB: 2024-02-21

Pitch date: 2024-02-16

DUK [bullish]

Duke Energy Corporation

+33.64%

current return

Author Info

No bio for this author

Company Info

Duke Energy Corporation, through its subsidiaries, operates as an energy company in the United States.

Market Cap

$94.9B

Pitch Price

$86.27

Price Target

115.00 (-0%)

Dividend

3.49%

EV/EBITDA

11.43

P/E

19.26

EV/Sales

5.96

Sector

Electric Utilities

Category

dividend

Show full summary:
Duke Energy Corporation: Positive Rate Cases Driving 2024 Earnings

DUK: Argus Buy, $115 PT on strong Q4 EPS +36% to $1.51, driven by favorable regulations, lower taxes & O&M. 2024 EPS guide $5.85-$6.10, targeting 5-7% growth thru 2028. $4.10 div yields 4.5%. $73B 5yr plan: renewables, grid mod. Risks: commodities, rates. Undervalued to peers.

Read full article (7 min)