Duke Energy (DUK)
Generates and delivers electricity while distributing natural gas across six states.
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Generates, transmits and distributes electricity across the Carolinas, Florida and the Midwest, while a smaller regulated gas business serves the Carolinas, Ohio and Kentucky. Revenue is earned mainly through commission-approved utility rates that recover operating costs and capital investment.
Runs regulated Electric Utilities and Infrastructure and Gas Utilities and Infrastructure segments. The electric business generates, transmits, distributes and sells power through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio, serving the Carolinas, Florida and the Midwest with nuclear, natural gas, coal, hydroelectric, solar and battery assets.
Distributes natural gas through Piedmont Natural Gas and its Ohio and Kentucky franchises across the Carolinas and Midwest. The operating model centers on maintaining generation, grids and pipelines while replacing aging assets and adding capacity for load growth. Federal agencies oversee wholesale power, transmission, nuclear safety, pipelines and environmental compliance. Earnings and cash recovery depend on state commission-approved rates and timely recovery of prudent capital and fuel costs.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 18, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $138 | Target: $127 |
| Aug 17, 2026 | Truist Financial | Target | Target: $137 | Target: $135 |
| Aug 5, 2026 | Mizuho Securities | Target | Target: $135 | Target: $136 |
| Aug 5, 2026 | Barclays | Reiterate | Rating: —Target: $134 | Target: $132 |
| Jul 23, 2026 | KeyBanc | Upgrade | Target: $114 | Target: $139 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $673.0M · Total debt $91.24B · Total assets $201.09B · Shareholders' equity $54.75B
- Revenue
- $7.59B
- Operating income
- $2.05B
- Net income
- $1.09B
HistoryDividendAnnual yield
| Institutions | 63.63% | 553.18M shares | |
|---|---|---|---|
| 2,544 holders · as of Jun 30, 2026 | |||
| Insiders | 0.13% | 1.10M shares | |
| 22 holders · as of May 21, 2026 | |||
| Other | 36.24% | 315.08M shares | |
| remainder | |||
869.37M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (869.37M in the company's Sep 22, 2026 report, 779.60M elsewhere); stakes use the report.
This company has 4 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.11% | 70.54M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 5.85% | 50.84M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.17% | 44.95M | as of Jun 30, 2026 |
Geode Capital Management, LLCInstitution | 2.34% | 20.37M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.34% | 20.37M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 11, 2026 | Louis E. Renjel | officer: EVP&CEO DEF&MW&ChiefCorpAffOff | −3,500 | $125.15 |
| May 8, 2026 | Harry K. Sideris | director, officer: President, CEO | −20,000 | $124.37 |
| Mar 2, 2026 | Regis T. Repko | officer: SVP, System Planning&Construct | −663 | $131.00 |
| Mar 2, 2026 | Kodwo Ghartey-Tagoe | officer: EVP&CEO DECarolinas&NatGasBus | −18,246 | $131.57 |
| Feb 24, 2026 | Regis T. Repko | officer: SVP, System Planning&Construct | −962 | $127.86 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Duke Energy | $116.43 | −0.27% | $91.01B | 17.5 | 17.3 | 2.7 | +1.1% |
| NextEra Energy | $79.49 | −0.18% | $166.11B | 17.9 | 19.6 | 5.7 | +12.5% |
| Southern Company | $85.25 | −0.25% | $98.31B | 20.6 | 18.2 | 3.3 | +0.1% |
| Dominion Energy | $62.64 | −0.29% | $55.25B | 21.8 | 16.2 | 3.0 | +17.6% |
| American Electric Power | $120.25 | +0.19% | $65.34B | 20.8 | 18.1 | 2.9 | +7.0% |
| Exelon | $41.83 | −0.36% | $43.25B | 15.3 | 14.1 | 1.7 | +10.0% |
| Entergy | $101.28 | −0.30% | $47.40B | 26.0 | 21.6 | 3.5 | +5.9% |
| Xcel Energy | $72.06 | +0.29% | $44.88B | 19.6 | 17.0 | 3.1 | −5.1% |
| Median | 20.6 | 18.1 | 3.1 | +7.0% |