Stock Update: Duke Energy Corp (NYSE:DUK) – Duke Energy offers 10 tips for summer safety

[PR Newswire] – CHARLOTTE, N.C., June 20, 2016 /PRNewswire/ — As summer turns up the heat on vacations and outdoor projects, Duke Energy offers these electrical safety tips: 1. Stay away from downed power lines Consider all … Read more on this. Duke Energy Corporation (DUK) , with a current value of $56.49B, began trading this morning at $82.73. Today, shares have traded between $81.32 and $82.90 per share with its 52-week range being $65.50 to $83.00. Duke Energy (DUK) shares are currently priced at 18.08x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.26x earnings multiple for the same period. And for income investors, the company pays shareholders $3.30 per share annually in dividends, yielding 3.98%. Consensus earnings for the current quarter by the 12 sell-side analysts covering the stock is an estimate of $1.00 per share, which would be $0.05 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $4.59 which would be a $0.05 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.71 Billion. If realized, that would be a 2.15% increase over the year-ago quarter. More recently, JP Morgan downgraded DUK from Overweight to Neutral (Feb 19, 2016). Previously, Wells Fargo downgraded DUK from Outperform to Market Perform. Given all the information above, we should disclose to readers that the average price target is $80.35, which is 2.88% below than it opened this morning. See more in (NYSE:DUK) Similar Articles: Stock Update: Duke Energy Corp (NYSE:DUK) – Duke Energy awards nearly $1.4 million to jumpstart job readiness in North Carolina Stock Update: Duke Energy Corp (NYSE:DUK) – North Carolina solar was hot in 2015; Duke Energy led the charge Stock Update: Duke Energy Corp (NYSE:DUK) – Duke Energy, Piedmont Natural Gas file with North Carolina Utilities Commission for acquisition approval