[PR Newswire] – ST. PETERSBURG, Fla., June 6, 2016 /PRNewswire/ — With Tropical Storm Colin bringing severe weather to Florida, Duke Energy is responding and urging customers to be safe. Duke Energy’s storm center has been activated and crews and additional contractors are in place in Pinellas County through north Florida in order to quickly and safely respond to outages. “At Duke Energy, safety always comes first. Read more on this. Duke Energy Corporation (DUK) , currently valued at $55.05B, opened at $80.27. Shares have traded today between $79.57 and $80.47 per share with a one year range of $65.50 to $81.39. DUK shares are currently priced at 17.45x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.01x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $3.30 per share annually in dividends, yielding 4.12%. In a review of the consensus earnings estimate this quarter, 10 sell-side analysts are looking at $1.00 per share, which would be $0.05 better than the year-ago quarter and a $0.01 sequential increase. What we find to be interesting is that the full-year EPS estimate of $4.59 is a $0.05 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.71 Billion. If realized, that would be a 2.15% increase over the year-ago quarter. In terms of ratings, JP Morgan downgraded DUK from Overweight to Neutral (Feb 19, 2016). Previously, Wells Fargo downgraded DUK from Outperform to Market Perform. Given all the information above, we should disclose to readers that the average price target is $80.00, which is 0.34% below than it opened this morning. See more in (NYSE:DUK) Similar Articles: Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy ads showcase the value that clean, high-tech energy brings to customers across all generations Market Update: Duke Energy Corp (NYSE:DUK) – Duke Energy Indiana renews commitment to clean energy with upgrades at Markland Hydro Station Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy customers surpass 1 terawatt of energy savings through My Home Energy Report Program