Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy customers surpass 1 terawatt of energy savings through My Home Energy Report Program

[PR Newswire] – CHARLOTTE, N.C., Feb. 8, 2016 /PRNewswire/ — Duke Energy’s customers find there’s no place like ‘My Home’ by surpassing 1 terawatt in energy savings through the company’s My Home Energy Report (MyHER) Program. “The cleanest power plant is the one that doesn’t need to be built,” said Kelly Kuehn, Duke’s senior product and services manager. Participants’ MyHER energy-saving impacts are measured annually through a third party evaluation, measurement and verification. Read more on this. Duke Energy Corporation (DUK) , with a current market cap of $54.50B, opened this morning at $79.25. Looking at today’s trading action, the company’s one day range from $78.60 to $80.10 and has traded between $65.50 and $84.29 over the past 12 months. Priced at 17.30x this year’s forecasted earnings, DUK shares are relatively expensive compared to the industry ’s 8.46x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $3.30 per share annually in dividends, yielding 4.18%. According to a consensus of 18 analysts, the earnings estimate of $0.90 per share would be $0.04 better than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $4.57 would be a $0.02 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.29 Billion. If realized, that would be a 13.13% increase over the year-ago quarter. More recently, Wells Fargo downgraded DUK from Outperform to Market Perform (Feb 2, 2016). Previously, BofA/Merrill upgraded DUK from Underperform to Neutral. The average price target for DUK shares by the analysts covering the stock is $74.00, which is 6.62% below where the stock opened this morning. See more in (NYSE:DUK) Similar Articles: Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy to add second solar project for its "Sunshine State" customers Market Update: Duke Energy Corp (NYSE:DUK) – Duke Energy’s solar rebate helps customers harness the sun in the Palmetto State Market Update: Duke Energy Corp (NYSE:DUK) – For third time in two years, Duke Energy proposes lower rates for Florida customers