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 April 23, 2024, DUK stock price climbed to $98.20 with 2,006,522 million shares trading.

DUK has a beta of 0.17, meaning it tends to be less sensitive to market movements. DUK has a correlation of 0.01 to the broad based SPY ETF.

DUK has a market cap of $75.76 billion. This is considered a Large Cap stock.

Last quarter Duke Energy (Holding Company) reported $7 billion in Revenue and $1.51 earnings per share. This fell short of revenue expectation by $-278 million and missed earnings estimates by -$.03.

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 has underperformed the market in the last year with a return of +4.0%, while the SPY ETF gained +24.3%. In the last 3 month period, DUK fell short of the market, returning +3.8%, while SPY returned +4.6%. However, in the most recent 2 weeks DUK has outperformed the stock market by returning +0.9%, while SPY returned -2.6%.

DUK support price is $96.96 and resistance is $99.28 (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.