Report
Andrew Bischof, CFA, CPA
EUR 101.80 For Business Accounts Only

Infrastructure investment opportunities drive Duke's earnings growth.

We are reaffirming our $87 per share fair value estimate and stable, narrow moat ratings after Duke Energy reported full-year operating earnings of $4.57 per share compared with $4.69 in the same year-ago period. Management initiated 2018 earnings guidance of $4.55-$4.85 per share, in line with our expectations. Duke Energy remains one of our most attractive utilities, trading at a 14% discount to our fair value estimate and 4.6% dividend yield, meaningfully above the 3.6% sector average.
Manage...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof, CFA, CPA

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch