CHARLOTTE, N.C., April 17, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) will hold its annual shareholders meeting online on Thursday, May 1, at 1 p.m. ET. Duke Energy President and CEO Harry Sideris will provide an overview of the company's 2024 performance and energy modernization progress to meet growing demand and continue delivering value for stakeholders.   Shareholders will be able to participate in the meeting, vote on company and shareholder proposals, and submit questions. Questions will be answere ...

Lineworkers are helping build a smarter, stronger grid Duke Energy lineworkers restored more than 3.1 million customer outages after Hurricane Helene CHARLOTTE, N.C., April 15, 2025 /PRNewswire/ -- On April 18, Duke Energy celebrates National Lineworker Appreciation Day – a day to recognize the service, commitment and sacrifices of lineworkers, team members who are critical to ensuring customers have access to safe and reliable electricity.   Why it matters: Lineworkers provide an invaluable service to co ...

CINCINNATI, April 11, 2025 /PRNewswire/ -- Duke Energy Foundation is donating $17,500 to two local chapters of the American Red Cross providing support for those impacted by the recent severe storms and flooding across Greater Cincinnati."Our region continues to be impacted by the storms and flooding we've seen over the last week," said Rhonda Whitaker Hurtt, vice president of community relations for Duke Energy Ohio/Kentucky. "The American Red Cross plays a key role in helping our friends and neighbors rec ...

Funding will support home rebuilding, debris removal, mental health services and other community needs Grants of $25,000 each awarded to 20 high-impact local nonprofits focused on long-term recovery CHARLOTTE, N.C., April 10, 2025 /PRNewswire/ -- As part of its commitment to supporting a full recovery in western North Carolina following Hurricane Helene, Duke Energy Foundation today announced $500,000 in new funding to 20 local nonprofits. The organizations receiving funding are meeting expansive communit ...

In an era of economic uncertainty and market volatility, the quest for reliable income has become increasingly important for investors. While growth stocks may capture headlines, dividend-paying companies form the backbone of many successful retirement portfolios. The appeal is straightforward: regular cash payments that arrive regardless of market conditions, providing a dependable income stream when it's needed most. High-yield dividend stocks are particularly attractive in the current environment. With i ...

License extension supports growing energy demand, helps keep customer costs as low as possible CHARLOTTE, N.C., April 8, 2025 /PRNewswire/ -- Duke Energy announced today its submission of a subsequent license renewal application to the U.S. Nuclear Regulatory Commission (NRC) for Robinson Nuclear Plant, located near Hartsville, S.C. The application requests extending the plant's operations for an additional 20 years. Through the years, Robinson has earned industry recognition for its commitment to innovatio ...

Group 1: Company Performance - Duke Energy (DUK) closed at $116.86, reflecting a -1.74% change from the previous day, underperforming the S&P 500's daily loss of 0.23% [1] - Over the last month, Duke Energy's shares increased by 1.88%, outperforming the Utilities sector's loss of 1.67% and the S&P 500's loss of 12.13% [1] Group 2: Upcoming Earnings - Duke Energy is projected to report earnings of $1.60 per share, indicating year-over-year growth of 11.11% [2] - The consensus estimate for quarterly revenue is $7.98 billion, representing a 4% increase from the previous year [2] Group 3: Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $6.32 per share and revenue of $31.72 billion, reflecting year-over-year changes of +7.12% and +4.48%, respectively [3] Group 4: Analyst Estimates and Stock Performance - Recent modifications to analyst estimates for Duke Energy indicate changing business trends, with upward revisions suggesting analysts' positivity towards the company's operations [4] - Adjustments in estimates are correlated with stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Group 5: Zacks Rank and Valuation - Duke Energy currently holds a Zacks Rank of 4 (Sell), with a consensus EPS projection that has decreased by 0.07% in the past 30 days [6] - The Forward P/E ratio for Duke Energy is 18.81, which is a premium compared to the industry's average Forward P/E of 17.46 [6] Group 6: PEG Ratio and Industry Ranking - Duke Energy has a PEG ratio of 2.97, compared to the Utility - Electric Power industry's average PEG ratio of 2.69 [7] - The Utility - Electric Power industry ranks in the top 20% of all industries, with a Zacks Industry Rank of 48 [7][8]

Core Points - Duke Energy is actively responding to historic storms and flooding in the Greater Cincinnati area, having restored power to over 70,000 customers affected by severe weather [1][8] - The Ohio River crested at 60 feet, and flooding continues to impact low-lying areas in Kentucky and Ohio, with natural gas service being shut off in approximately 500 flooded locations [2][3] - The company emphasizes safety for customers, urging them to remain cautious as additional flash flooding is expected [3] Restoration Efforts - Duke Energy's restoration process prioritizes repairing large power lines and infrastructure to restore power to the maximum number of customers efficiently [7] - As of the latest updates, power outages have decreased significantly from over 70,000 to less than 100 [2] Customer Safety and Resources - Customers are advised to turn off power at the circuit breaker if flooding threatens their homes and to avoid downed electrical lines [9] - The company encourages the use of the American Red Cross Emergency app for weather safety, which includes emergency checklists and weather alerts [5] Company Overview - Duke Energy serves 910,000 customers in Ohio and Kentucky, providing electric and natural gas services across a significant service area [11] - The company is part of a larger energy holding company that serves 8.4 million customers across multiple states and is focused on energy transition and infrastructure upgrades [12][13]

Group 1 - Duke Energy has an average brokerage recommendation (ABR) of 1.90, indicating a consensus between Strong Buy and Buy, based on recommendations from 20 brokerage firms, with 11 of those being Strong Buy, representing 55% of all recommendations [2][4] - Despite the positive ABR, reliance solely on this information for investment decisions may not be prudent, as studies indicate limited success of brokerage recommendations in identifying stocks with the best price increase potential [4][9] - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [5][9] Group 2 - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) and is based on earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [7][10] - The Zacks Rank is distinct from the ABR, as it is a quantitative model that reflects timely earnings estimate revisions, while the ABR may not always be up-to-date [8][11] - For Duke Energy, the Zacks Consensus Estimate for the current year has decreased by 0.1% to $6.32, indicating growing pessimism among analysts regarding the company's earnings prospects, which has resulted in a Zacks Rank 4 (Sell) [12][13]

Core Points - Duke Energy has restored power to over 98% of customers affected by recent storm-related outages in Indiana, with remaining outages now concentrated in Clark and Floyd counties [1][2] - The total number of storm-related outages has decreased from nearly 97,000 to approximately 1,000 as of 9 a.m. ET on Friday [2] - The company emphasizes the importance of safely restoring power to all customers, with a focus on essential services first [3][4] Company Overview - Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., serving 8.4 million customers across multiple states and owning 54,800 megawatts of energy capacity [7] - The company provides about 6,300 megawatts of electric capacity to approximately 910,000 customers in Indiana, making it the largest electric supplier in the state [6] Energy Transition - Duke Energy is undertaking an ambitious energy transition, focusing on customer reliability and value while investing in electric grid upgrades and cleaner energy generation sources, including natural gas, nuclear, renewables, and energy storage [8]