Duke Energy Corporation (DUK), predominantly owned by
institutional investors, remains a top pick for them, facing a considerable shift of investor attention. The company has continued to
disburse consistent dividends, with the latest being $1.05 per share. Its shares are bought by Rep. Virginia Foxx and several investment management firms despite a significant share selling by International Assets Investment Management LLC.
Scotiabank forecasts promising FY2026 earnings for the company while other analytical reports also echo this positive sentiment. Its
renewable energy initiatives are gaining traction as DUK expands a program in North Carolina to aid businesses in becoming more renewable and carbon-free. Despite market fluctuations, DUK stock showcases resilience with its Q1 earnings surpassing expectations and the reaffirmation of a strong growth outlook. The company seeks to recover $1.1B in hurricane costs while enhancing energy efficiency and demand response programs in Carolinas. The firm is set to launch new base rates, anticipating lower customer bills by 2025.
Duke Energy Corporation DUK News Analytics from Fri, 09 Feb 2024 08:00:00 GMT to Fri, 10 Jan 2025 17:56:24 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -7
