Duke Energy Corporation (NYSE: DUK) is one of 85 publicly-traded companies in the “Electric Utilities” industry, but how does it contrast to its rivals? We will compare Duke Energy Corporation to similar businesses based on the strength of its analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability.
This is a breakdown of current recommendations and price targets for Duke Energy Corporation and its rivals, as reported by MarketBeat.
Duke Energy Corporation currently has a consensus target price of $85.85, suggesting a potential downside of 2.17%. As a group, “Electric Utilities” companies have a potential upside of 7.73%. Given Duke Energy Corporation’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Duke Energy Corporation has less favorable growth aspects than its rivals.
Insider & Institutional Ownership
56.3% of Duke Energy Corporation shares are owned by institutional investors. Comparatively, 65.5% of shares of all “Electric Utilities” companies are owned by institutional investors. 0.1% of Duke Energy Corporation shares are owned by company insiders. Comparatively, 2.7% of shares of all “Electric Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Duke Energy Corporation pays an annual dividend of $3.56 per share and has a dividend yield of 4.1%. Duke Energy Corporation pays out 105.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Electric Utilities” companies pay a dividend yield of 3.1% and pay out 103.7% of their earnings in the form of a dividend. Duke Energy Corporation has increased its dividend for 10 consecutive years.
Earnings and Valuation
This table compares Duke Energy Corporation and its rivals gross revenue, earnings per share and valuation.
Duke Energy Corporation has higher revenue and earnings than its rivals. Duke Energy Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This table compares Duke Energy Corporation and its rivals’ net margins, return on equity and return on assets.
Volatility and Risk
Duke Energy Corporation has a beta of 0.24, indicating that its share price is 76% less volatile than the S&P 500. Comparatively, Duke Energy Corporation’s rivals have a beta of 0.70, indicating that their average share price is 30% less volatile than the S&P 500.
Duke Energy Corporation rivals beat Duke Energy Corporation on 9 of the 15 factors compared.
About Duke Energy Corporation
Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States. The operations include electricity sold wholesale to municipalities, electric cooperative utilities and other load-serving entities. The Gas Utilities and Infrastructure segment serves residential, commercial, industrial and power generation natural gas customers. The Commercial Renewables primarily acquires, builds, develops and operates wind and solar renewable generation throughout the continental United States.