Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy to announce fourth quarter and year-end 2015 earnings on Feb. 18

[PR Newswire] – CHARLOTTE, N.C., Jan. 18, 2016 /PRNewswire/ — Duke Energy will release its fourth quarter and year-end 2015 earnings results at 7 a.m. ET on Thursday, Feb. 18. An earnings conference call for analysts … Read more on this. Duke Energy Corporation (DUK) , currently valued at $49.62B, started trading this morning at $71.48. During the trading session, DUK traded between $71.02 to $72.30 with the price of the stock fluctuating between $65.50 to $89.97 over the last 52 weeks. DUK shares are currently priced at 15.74x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.95x earnings multiple for the same period. And for income investors, the company pays shareholders $3.30 per share annually in dividends, yielding 4.56%. In a review of the consensus earnings estimate this quarter, 15 sell-side analysts are looking at $0.92 per share, which would be $0.06 better than the year-ago quarter and a $0.02 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $4.58, which would be a $0.03 improvement when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.45 Billion. If realized, that would be a 16.01% increase over the year-ago quarter. In terms of ratings, BofA/Merrill upgraded DUK from Underperform to Neutral (Jan 12, 2016). Previously, Scotia Howard Weil Initiated DUK at to Sector Perform. Given all the information above, we should disclose to readers that the average price target is $75.89, which is 6.17% above than it opened this morning. See more in (NYSE:DUK) Similar Articles: Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy reports third quarter 2015 financial results Company Update (NYSE:DUK): Duke Energy to announce third quarter 2015 earnings Nov. 5 Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy reports second quarter 2015 financial results