What is KeyCorp’s Estimate for Duke Energy Q2 Earnings?

Duke Energy Corporation (NYSE:DUK) – Analysts at KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for shares of Duke Energy in a research note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp forecasts that the utilities provider will post earnings per share of $1.32 for the quarter. KeyCorp currently has a “Overweight” rating and a $139.00 price target on the stock. The consensus estimate for Duke Energy’s current full-year earnings is $6.72 per share. KeyCorp also issued estimates for Duke Energy’s Q3 2026 earnings at $1.99 EPS, Q4 2026 earnings at $1.57 EPS, FY2027 earnings at $7.12 EPS, FY2028 earnings at $7.58 EPS and FY2029 earnings at $8.07 EPS.

Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.06. The firm had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.76 EPS.

Other equities research analysts have also recently issued research reports about the stock. UBS Group lowered their price target on shares of Duke Energy from $137.00 to $135.00 in a research report on Monday, May 11th. Barclays reduced their price objective on shares of Duke Energy from $143.00 to $134.00 and set an “overweight” rating on the stock in a research note on Thursday, June 18th. Evercore lifted their target price on shares of Duke Energy from $139.00 to $140.00 in a report on Monday, May 11th. Truist Financial upped their target price on shares of Duke Energy from $137.00 to $138.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. raised their price target on Duke Energy from $136.00 to $141.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Ten equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Duke Energy currently has an average rating of “Moderate Buy” and a consensus price target of $138.62.

Duke Energy Stock Up 1.0%

NYSE DUK opened at $130.54 on Friday. The stock has a market capitalization of $101.77 billion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 2.85 and a beta of 0.38. Duke Energy has a 52 week low of $113.89 and a 52 week high of $134.49. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.66. The stock has a fifty day moving average of $125.30 and a 200-day moving average of $125.79.

Duke Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be given a dividend of $1.085 per share. This represents a $4.34 dividend on an annualized basis and a yield of 3.3%. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, August 14th. Duke Energy’s dividend payout ratio (DPR) is presently 65.24%.

Insider Activity at Duke Energy

In other Duke Energy news, CEO Harry K. Sideris sold 20,000 shares of Duke Energy stock in a transaction on Friday, May 8th. The shares were sold at an average price of $124.37, for a total transaction of $2,487,400.00. Following the completion of the transaction, the chief executive officer directly owned 96,102 shares of the company’s stock, valued at $11,952,205.74. The trade was a 17.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Louis E. Renjel sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $125.15, for a total value of $438,025.00. Following the sale, the chief executive officer owned 21,415 shares of the company’s stock, valued at approximately $2,680,087.25. This represents a 14.05% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Duke Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Merit Financial Group LLC raised its holdings in Duke Energy by 15.7% in the 2nd quarter. Merit Financial Group LLC now owns 70,388 shares of the utilities provider’s stock valued at $8,910,000 after buying an additional 9,562 shares during the last quarter. Intergy Private Wealth LLC boosted its position in Duke Energy by 16.1% during the second quarter. Intergy Private Wealth LLC now owns 2,858 shares of the utilities provider’s stock valued at $362,000 after acquiring an additional 396 shares during the last quarter. Diversified Trust Co. grew its stake in Duke Energy by 3.8% during the second quarter. Diversified Trust Co. now owns 12,644 shares of the utilities provider’s stock worth $1,601,000 after purchasing an additional 462 shares during the period. Cary Street Partners Financial LLC boosted its holdings in shares of Duke Energy by 14.9% during the 2nd quarter. Cary Street Partners Financial LLC now owns 46,487 shares of the utilities provider’s stock worth $5,884,000 after buying an additional 6,035 shares in the last quarter. Finally, Rosenberg Matthew Hamilton grew its position in shares of Duke Energy by 15.4% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 3,100 shares of the utilities provider’s stock worth $392,000 after buying an additional 414 shares during the period. 65.31% of the stock is currently owned by institutional investors.

More Duke Energy News

Here are the key news stories impacting Duke Energy this week:

• Positive Sentiment: KeyCorp reiterated an Overweight rating on Duke Energy and raised its longer-term earnings outlook, nudging up FY2027, FY2028, and FY2029 EPS estimates. The firm also kept a $139 price target, suggesting confidence in Duke’s earnings growth trajectory.
• Positive Sentiment: Duke Energy unveiled its Customer Protection Plus framework, designed to support rapid data center-driven power demand while aiming to deliver billions in customer savings. Investors may view this as a constructive way to monetize infrastructure growth without triggering excessive pushback from customers. Duke Energy (DUK) Unveils Customer Savings Plan To Back Data Center Growth
• Positive Sentiment: The company also announced a higher quarterly dividend, reinforcing Duke Energy’s appeal as an income stock and helping attract dividend-focused investors. Can Duke Energy (DUK) Justify Its Price As Its Higher Dividend Draws Attention?
• Neutral Sentiment: North Carolina leaders and regulators are pressuring Duke Energy to make its federal data-center pledge legally binding. This could support accountability and customer trust, but it also raises regulatory scrutiny around future growth plans.
• Negative Sentiment: Regulatory criticism of Duke’s proposed rate increases remains a headwind, with North Carolina’s attorney general saying the lowered request is still too high. That could add pressure to future profitability if rate approvals become more difficult.

Duke Energy Company Profile

Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.

Its operating activities include owning and operating generation assets across a portfolio that encompasses nuclear, natural gas, coal, hydroelectric and an expanding array of renewable resources, as well as battery storage and grid modernization projects.