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Duke Energy Corp DUK

Morningstar Rating
$98.24 +2.31 (2.41%)
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Company Report

Duke Energy On Path to Being a Premium Utility

Duke Energy is one of the largest regulated utilities in the United States. Florida is Duke's most constructive and attractive jurisdiction, with higher-than-average load growth and best-in-class regulation that allows for higher-than-average returns on equity, forward-looking rates, and automatic base-rate adjustments. The utility is installing 300 megawatts of solar annually with additional infrastructure investment opportunities.

Price vs Fair Value

DUK is trading at a 14% discount.
Price
$95.93
Fair Value
$827.00
Uncertainty
Low
1-Star Price
$856.00
5-Star Price
$82.90
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Duke's regulated utilities provide a stable source of earnings. The company's large capital expenditure plan should drive rate base and earnings growth for the next several years. We think Duke can achieve the high end of management's 5%-7% earnings growth target.

Bears

Equity issuances and capital investment delays have hurt management's relationships with key stakeholders.

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News

Trading Information

Previous Close Price
$95.93
Day Range
$95.9898.41
52-Week Range
$83.06100.39
Bid/Ask
$97.74 / $98.20
Market Cap
$75.79 Bil
Volume/Avg
4.2 Mil / 3.0 Mil

Key Statistics

Price/Earnings (Normalized)
16.44
Price/Sales
2.46
Dividend Yield (Trailing)
4.25%
Dividend Yield (Forward)
4.27%
Total Yield
4.25%

Company Profile

Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Value
Total Number of Employees
27,037

Competitors

Valuation

Metric
DUK
AEP
NEE
Price/Earnings (Normalized)
16.4415.7620.13
Price/Book Value
1.521.722.77
Price/Sales
2.462.264.62
Price/Cash Flow
7.447.5110.24
Price/Earnings
DUK
AEP
NEE

Financial Strength

Metric
DUK
AEP
NEE
Quick Ratio
0.250.270.31
Current Ratio
0.740.530.55
Interest Coverage
2.572.223.19
Quick Ratio
DUK
AEP
NEE

Profitability

Metric
DUK
AEP
NEE
Return on Assets (Normalized)
0.49%2.26%3.83%
Return on Equity (Normalized)
1.85%8.82%14.54%
Return on Invested Capital (Normalized)
2.77%5.77%7.45%
Return on Assets
DUK
AEP
NEE
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Regulated Electric Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NEE
NextEra Energy IncCynyhywnyCnfxyjy$131.5 Bil
SO
Southern CoFypjvlydBngsjx$77.2 Bil
NGG
National Grid PLC ADRVkysryvwZfdy$47.7 Bil
AEP
American Electric Power Co IncGgknstjpRpzpp$43.5 Bil
PCG
PG&E CorpSkgjbnxsQtkl$43.2 Bil
D
Dominion Energy IncRnmwkqbvfKtjkgn$40.7 Bil
EXC
Exelon CorpYxgfwwvcKpkghs$36.7 Bil
PEG
Public Service Enterprise Group IncLcmmxrvgrQrcncq$32.5 Bil
ED
Consolidated Edison IncKhcyjtgWyprw$31.4 Bil

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