Evercore ISI Group has initiated coverage on Duke Energy Corp (DUK), assigning the company an Outperform rating. This marks the firm's first assessment of Duke's investment potential, reflecting their analysis of the company's fundamentals and the broader utilities sector.
Duke Energy, headquartered in Charlotte, North Carolina, operates in the utilities industry, providing natural gas and energy-related services. The company employs 26,413 full-time staff and operates through two main segments: Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). The EU&I segment delivers retail electric service across the Southeast and Midwest regions of the United States, while the GU&I segment focuses on natural gas operations through regulated public utilities.
As of October 6, 2025, Duke Energy's stock price stands at $122.59, with a market capitalisation of $95.1 billion. The company has reported a trailing twelve months (TTM) price-to-earnings (P/E) ratio of 19.05 and earnings per share (EPS) of 6.43. The dividend yield is notably high at 348.5%.
The upcoming earnings report is scheduled for August 3, 2026, with analysts estimating an EPS of $1.28 and revenue of $7.4 billion. Recent performance has shown resilience, with the Q3 2025 EPS reported at $1.81, exceeding expectations by 2.5%. This update provides insight into the firm's current standing and future outlook in a competitive market.
Analyst ratings, such as this one from Evercore, are based on extensive research and financial modelling. They can offer valuable perspectives but should be considered alongside various factors, including company fundamentals and market conditions. Ratings may evolve as new information arises, highlighting the need for a comprehensive approach to investment decisions.