Stock Update: Duke Energy Corp (NYSE:DUK) – Duke Energy awards nearly $1.4 million to jumpstart job readiness in North Carolina

[PR Newswire] – CHARLOTTE, N.C., March 29, 2016 /PRNewswire/ — Preparing tomorrow’s workforce requires action today, particularly in North Carolina’s rapidly evolving, global economy. Duke Energy is investing nearly … Read more on this. Duke Energy Corporation (DUK) , currently valued at $54.99B, started the session at $79.70. Looking at the stock, its one day range is $79.06 to $79.95 and has traded between $65.50 and $80.40 over the past 12 months. DUK shares are currently priced at 17.24x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.94x earnings multiple. The company pays shareholders $3.30 per share annually in dividends, yielding 4.14%. According to a consensus of 9 analysts, the earnings estimate of $1.18 per share would be $0.06 worse than the year-ago quarter and a $0.02 sequential increase. Investors should also note that the full-year EPS estimate of $4.61 is a $0.07 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.04 Billion. If realized, that would be a 0.33% decrease over the year-ago quarter. 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 $78.86, which is 1.05% below than it opened this morning. See more in (NYSE:DUK) Similar Articles: 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 Stock Update: Duke Energy Corp (NYSE:DUK) – Duke Energy linemen wrangle 12 awards at world rodeo competition