Duke Energy Stock Fair Value Calculator – Duke Energy’s Q4 Earnings Edge Expectations Despite $1.3B Impairment Charge in 2023.

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Duke Energy Stock Fair Value Calculator – It is one of the largest electric power holding companies in the U.S., and is an industry leader in the production of both renewable and non-renewable energy sources. On Thursday, Duke Energy ($NYSE:DUK) stock saw a 1.5% drop despite edging expectations for its Q4 adjusted earnings. The charge was a result of a strategic review which concluded that it was in the best interest of shareholders for Duke Energy to exit its commercial renewables business. The company has decided to focus on its core regulated business, which provides sustainable and reliable energy for its customers. Despite this impairment charge, Duke Energy’s Q4 report was generally positive. The company reported solid growth in its regulated utilities businesses and continued investments in clean energy initiatives like wind, solar, and battery storage systems.

In addition, it reported a healthy dividend increase and solid cash flow performance. Overall, Duke Energy’s fourth quarter performance was mixed, with the company reporting impressive figures despite recording a large impairment charge. It remains to be seen whether the company’s decision to sell its commercial renewables business will be beneficial for shareholders in the long run.

Price History

On Thursday, DUKE ENERGY stock opened at $99.3 and closed at $97.6, down by 1.6% from previous closing price of 99.2. Despite the dip in price, Duke Energy remains one of the top performers in the utilities sector. Analysts attributed the dip to the news of the impairment charge and uncertainty about future earnings.

However, despite the negative news, Duke Energy’s outlook remains strong. The company has improved its balance sheet with solid cash flow and increased profitability, while also taking steps to reduce its environmental impact. Overall, Duke Energy continues to be one of the best performing utilities stocks in the US. Despite a dip in share price due to an impairment charge, investors remain confident that the company’s future earnings will be strong, driven by its investments in renewable energy and commitment to reducing its environmental impact. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Duke Energy. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Duke Energy. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Duke Energy. More…

Key Ratios Snapshot

Some of the financial key ratios for Duke Energy are shown below. More…

Analysis – Duke Energy Stock Fair Value Calculator

GoodWhale conducted an analysis of DUKE ENERGY‘s fundamentals and determined an intrinsic value of its share around $105.9, using a proprietary Valuation Line. Currently the stock is trading on the market at $97.6, implying that it is slightly undervalued by 7.8%. It has a diverse portfolio of energy assets including nuclear, coal-fired, natural gas, hydroelectric, solar, and wind. It also offers natural gas pipelines and distribution services to customers across its operating territories. The product offerings, financial strength and customer base of DUKE ENERGY provide it with a solid foundation for future growth. The company has implemented a number of strategies to reduce emissions and improve its sustainability profile, which have been well received by investors. Overall, DUKE ENERGY has been identified as undervalued at this time, presenting investors with a good opportunity to take advantage of the current market price. More…

Peers

Duke Energy Corp is one of the leading energy companies in the United States. Duke Energy Corp’s competitors are Sempra Energy, REN-Redes Energeticas Nacionais Sgps SA, Ameren Corp. All of these companies are leaders in the energy industry and provide a variety of energy services.

– Sempra Energy ($NYSE:SRE)

Sempra Energy is a Fortune 500 energy services holding company based in San Diego, California. Sempra Energy’s businesses include Sempra Utilities, Sempra Renewables, Sempra LNG and Sempra Mexico.

Sempra Energy’s market cap as of 2022 is 45.18B. The company has a Return on Equity of 3.29%. Sempra Energy is a diversified energy services holding company with businesses in utilities, renewables, LNG, and Mexico.

– REN-Redes Energeticas Nacionais Sgps SA ($LTS:0KBT)

REN-Redes Energeticas Nacionais Sgps SA is a Portuguese utility company engaged in the transmission and distribution of electricity. The Company operates through three segments: Electricity Transmission, Electricity Distribution and Natural Gas. The Company, through its subsidiary, Redes Energéticas Nacionais – Redes Eletrónicas Nacionais, S.A., owns and operates a network of high voltage power lines and a network of medium voltage power lines, with a total length of approximately 22,290 kilometers. The Company’s electricity transmission system includes approximately 1,760 substations with a nominal voltage of 400 kilovolts (kV), 275 kV and 150 kV. The Company’s electricity distribution system includes approximately 1.4 million end customers. The Company’s natural gas system includes a high pressure gas pipeline network with a length of approximately 3,540 kilometers and a medium pressure gas pipeline network with a length of approximately 530 kilometers.

– Ameren Corp ($NYSE:AEE)

Ameren Corporation is a holding company engaged in rate-regulated electric and natural gas utility operations. The Company’s subsidiaries include Ameren Missouri and Ameren Illinois. The Company’srate-regulated electric generation, transmission and distribution operations are conducted through its subsidiary, Ameren Missouri. The Company’s rate-regulated natural gas businesses include distribution operations conducted through its subsidiary, Ameren Illinois, and natural gas transmission operations conducted through its subsidiary, Ameren Transmission Company of Illinois.

As of 2022, Ameren Corporation had a market capitalization of 20.3 billion dollars. The company’s return on equity was 10.16%. Ameren Corporation is a holding company that operates various rate-regulated electric and natural gas utilities. The company is based in the United States and serves customers in Missouri and Illinois.

Summary

Duke Energy reported better than expected fourth quarter earnings in 2023 despite a $1.3B impairment charge. Investors have been pleased with the company’s performance so far, as shares have risen since the announcement. Duke Energy has also been making investments towards renewable energy sources, such as solar and wind, as well as making improvements to its existing infrastructure of natural gas, nuclear and coal-fired power plants. Duke Energy’s commitment to sustainability and sustainability-focused investments has been embraced by investors, making Duke Energy a great option for long-term investing.