Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy ads showcase the value that clean, high-tech energy brings to customers across all generations

[PR Newswire] – “The multi-media campaign’s theme — “Changing Times” — illustrates how the vital service we provide is keeping pace with customers’ changing power needs,” said Selim Bingol, Duke Energy chief communications officer. It also offers glimpses into the past and insights into the future of energy. Read more on this. Duke Energy Corporation (DUK) , currently valued at $53.83B, began trading this morning at $78.01. Looking at the equity, the company’s one day range is $77.77 to $78.24 with the price of the stock fluctuating between $65.50 to $81.39 over the last 52 weeks. DUK shares are currently priced at 16.99x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.76x forward p/e ratio. And for dividend hunters, the company pays shareholders $3.30 per share annually in dividends, yielding 4.23%. According to a consensus of 10 analysts, the earnings estimate of $1.00 per share would be $0.05 better than the year-ago quarter and a $0.01 sequential increase. Investors should also note that the full-year EPS estimate of $4.59 is a $0.05 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $5.71 Billion. If reported, that would be a 2.15% increase over the year-ago quarter. In terms of ratings, 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 by the analysts covering it is $79.88, which is 2.40% above where the stock opened. 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 Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy Renewables acquires 20-MW Longboat Solar Project in California from EDF Renewable Energy Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy customers surpass 1 terawatt of energy savings through My Home Energy Report Program