DUK Stock Summary and Trading Ideas (Duke Energy (Holding Company) | NYSE:DUK)

Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers.

Duke Energy (Holding Company) trades on the NYSE stock market under the symbol DUK.

As of May 10, 2024, DUK stock price declined to $102.67 with 2,608,085 million shares trading.

DUK has a beta of 0.18, meaning it tends to be less sensitive to market movements. DUK has a correlation of 0.02 to the broad based SPY ETF.

DUK has a market cap of $79.21 billion. This is considered a Large Cap stock.

Last quarter Duke Energy (Holding Company) reported $8 billion in Revenue and $1.44 earnings per share. This beat revenue expectation by $431 million and exceeded earnings estimates by $.05.

In the last 3 years, DUK stock traded as high as $116.33 and as low as $83.06.

The top ETF exchange traded funds that DUK belongs to (by Net Assets): VTI, VOO, XLU, SPY, IVV.

DUK stock has underperformed the market in the last year with a return of +8.8%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DUK shares. However, DUK has outperformed the market in the last 3 month and 2 week periods, returning +13.1% and +5.1%, while SPY returned +4.2% and +2.5%, respectively. This indicates DUK has been having a stronger performance recently.

DUK support price is $101.82 and resistance is $104.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DUK stock will trade within this expected range on the day.