How were Duke Realty's earnings last quarter?

Duke Realty Co. (NYSE:DRE) announced its earnings results on Wednesday, July, 27th. The real estate investment trust reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by $0.20. The real estate investment trust earned $280.15 million during the quarter, compared to analyst estimates of $279.80 million. Duke Realty had a trailing twelve-month return on equity of 15.66% and a net margin of 85.63%. Duke Realty's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share.

Is Duke Realty a good dividend stock?

Duke Realty (NYSE:DRE) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.32%. The dividend payout ratio is 44.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DRE will have a dividend payout ratio of 52.58% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DRE .

What is Jim Connor's approval rating as Duke Realty's CEO?

2 employees have rated Duke Realty Chief Executive Officer Jim Connor on Glassdoor.com . Jim Connor has an approval rating of 100% among the company's employees. This puts Jim Connor in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Duke Realty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Duke Realty investors own include Micron Technology (MU) , Xtrackers California Municipal Bond ETF (CA) , Bank of America (BAC) , NVIDIA (NVDA) , Walt Disney (DIS) , Prologis (PLD) , Intel (INTC) , Starbucks (SBUX) , BlackRock (BLK) and

NYSE:DRE

Duke Realty (DRE) Stock Price, News & Analysis

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Compare

Today's Range: $48.20
▼
$48.20
50-Day Range: $47.97
▼
$65.35
52-Week Range: $47.12
▼
$66.22

Volume: N/A
Average Volume: 2.76 million shs
Market Capitalization: $18.56 billion

P/E Ratio: 19.36
Dividend Yield: 2.32%
Price Target: N/A

Stock Analysis

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Duke Realty MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.63
Upright™ Environmental Score
News Sentiment: -0.02
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 11.52%
From $1.91 to $2.13 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.58 out of 5 stars

Finance Sector

737th out of 878 stocks

Real Estate Investment Trusts Industry

150th out of 183 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Duke Realty.

N/A

Short Interest

Short Interest
There is no current short interest data available for DRE.

2.5

Dividend Strength

Dividend Yield
Duke Realty pays a meaningful dividend of 2.32%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Duke Realty does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Duke Realty is 44.98%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Duke Realty will have a dividend payout ratio of 52.58% next year. This indicates that Duke Realty will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Duke Realty has received a 17.71% net impact score from Upright. Duke Realty seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in industrial, logistics and warehousing buildings" and "Real estate development services of industrial buildings" products. See details.
Environmental Sustainability
The Environmental Impact score for Duke Realty is -1.63.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 4 news articles for Duke Realty this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Duke Realty insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.44% of the stock of Duke Realty is held by insiders.
Percentage Held by Institutions
95.44% of the stock of Duke Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Duke Realty are expected to grow by 11.52% in the coming year, from $1.91 to $2.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Duke Realty is 19.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Duke Realty is 19.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.90.
Price to Earnings Growth Ratio
Duke Realty has a PEG Ratio of 3.22. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Duke Realty has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Duke Realty Stock (NYSE:DRE)

Duke Realty Corporation owns and operates approximately 159 million rentable square feet of industrial assets in 20 major logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is a member of the S&P 500 Index.

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DRE Stock News Headlines

April 14, 2024 | sports.yahoo.com

A third Duke men’s basketball player enters his name in the NCAA’s transfer portal

April 12, 2024 | msn.com

Duke basketball guard declares for NBA Draft after freshman season

April 16, 2024 | Gold Safe Exchange (Ad)

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April 12, 2024 | sports.yahoo.com

Key guard confirms he’ll return to Duke basketball for another season in 2024-25

April 12, 2024 | msn.com

Duke guard Tyrese Proctor returning for junior season, reports say

April 6, 2024 | sports.yahoo.com

2024 NFL Draft: Duke IOL Graham Barton scouting report

April 3, 2024 | sports.yahoo.com

Duke basketball transfer portal tracker: Who is joining, leaving Blue Devils?

March 29, 2024 | msn.com

Duke players vow they’re ready for UH’s Sweet 16 ‘home game’ in Dallas

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 25, 2024 | yahoo.com

Duke University Receives Grants to Expand Racial and Ethnic Wealth Gap Study

March 25, 2024 | msn.com

Duke's controversial housing site up for sale

March 24, 2024 | sfgate.com

No. 13 Duke 93, James Madison 55

March 23, 2024 | nj.com

March Madness 2024: How to buy Duke vs. Ohio State tickets for women’s NCAA Tournament on Sunday

March 23, 2024 | sports.yahoo.com

Duke vs James Madison: Here’s time, date for March Madness Round of 32 game

March 22, 2024 | msn.com

Duke vs. Vermont: NCAA Tournament Matchup Prediction

March 18, 2024 | nj.com

March Madness 2024: How to buy Duke tickets for men’s NCAA Tournament | Location, date, times, bracket

March 7, 2024 | sports.yahoo.com

It runs in the family. Jordan Duke makes name for himself as he helps Classical to D-I title

March 4, 2024 | sfgate.com

No. 9 Duke 79, NC State 64

March 1, 2024 | bizjournals.com

Cost to attend Duke University tops $85K with tuition hike

March 1, 2024 | msn.com

How did Andre Dawkins end up coaching in OKC? Former Duke guard 'grateful' to be at MSM

February 29, 2024 | ca.finance.yahoo.com

Tom Brady’s Houses: Inside the NFL Legend’s Real Estate Portfolio

February 29, 2024 | sports.yahoo.com

Duke’s Coach K, UNC’s Roy Williams honor coaches, offer advice in ACC Network special

February 27, 2024 | msn.com

E. Duke Vincent, Producer With Aaron Spelling on ‘Dynasty,’ ‘Charmed’ and More, Dies at 91

February 24, 2024 | msn.com

Why Jeremiah believes Duke O-lineman is 49ers draft fit at No. 31

February 23, 2024 | msn.com

'Overboard' co-stars together for 40 years and more famous duos reveal how they first met

February 22, 2024 | chron.com

NO. 8 DUKE 84, MIAMI (FL) 55

February 14, 2024 | ca.finance.yahoo.com

“Jeopardy” contestant mistakenly names Beyoncé as 1 of “Billboard”'s '50 greatest rappers of all time'

See More Headlines

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Company Calendar

Last Earnings: 7/27/2022
Today: 4/16/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real Estate Investment Trusts
Sub-Industry: Diversified REITs
Current Symbol: NYSE:DRE
CUSIP: 26441150
CIK: 783280
Web: www.dukerealty.com
Phone: (317) 808-6000
Fax: 317-808-6650
Employees: 340
Year Founded: 1972

Profitability

EPS (Most Recent Fiscal Year): $2.49
Trailing P/E Ratio: 19.36
Forward P/E Ratio: 25.24
P/E Growth: 3.22
Net Income: $852.90 million
Net Margins: 85.63%
Pretax Margin: 88.00%
Return on Equity: 15.66%
Return on Assets: 9.29%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 1.23
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: $1.11 billion
Price / Sales: 16.78
Cash Flow: $3.22 per share
Price / Cash Flow: 14.99
Book Value: $16.12 per share
Price / Book: 2.99

Miscellaneous

Outstanding Shares: 384,993,000
Free Float: 383,299,000
Market Cap: $18.56 billion
Optionable: Optionable
Beta: 0.80

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Key Executives

Mr. James B. Connor (Age 63)
Chairman & CEO
Comp: $4.45M
Mr. Mark A. Denien (Age 54)
Exec. VP & CFO
Comp: $2.26M
Mr. Steven W. Schnur (Age 48)
Exec. VP & COO
Comp: $1.9M
Mr. Nicholas C. Anthony (Age 56)
Exec. VP & Chief Investment Officer
Comp: $1.65M
Ms. Ann Colussi Dee (Age 62)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $1.73M
Mr. Mark J. Milnamow
Sr. VP & Chief Accounting Officer
Mr. Paul Defonce
Sr. VP of Information Technology
Mr. Ronald M. Hubbard
VP of Investor relations
Ms. Helen McCarthy
Mang. of Communications & PR
Gene Miller
Sr. Mang. of Communications & PR

Key Competitors

View All Competitors

Should I Buy Duke Realty Stock? DRE Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Duke Realty Co.:

Duke Realty Corporation owns and operates approximately 159 million rentable square feet of industrial assets in 20 major logistics markets, providing a diversified real estate portfolio.
Steven W. Schnur, the Executive Vice President and COO, has direct responsibility for all of Duke Realty's real estate operations, ensuring strong leadership and oversight.
Recent developments in the company's existing portfolio and pursuit of new development opportunities indicate growth potential.
Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE, allowing for easy access to investment in a member of the S&P 500 Index.
Current stock price of Duke Realty Co. reflects positive market sentiment and potential for returns.

Cons

Investors should be bearish about investing in Duke Realty Co. for these reasons:

Market volatility and economic uncertainties may impact the real estate investment trust sector, affecting Duke Realty's performance.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Duke Realty pros and cons to contact@marketbeat.com.

DRE Stock Analysis - Frequently Asked Questions

How were Duke Realty's earnings last quarter?: Duke Realty Co. (NYSE:DRE) announced its earnings results on Wednesday, July, 27th. The real estate investment trust reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by $0.20. The real estate investment trust earned $280.15 million during the quarter, compared to analyst estimates of $279.80 million. Duke Realty had a trailing twelve-month return on equity of 15.66% and a net margin of 85.63%. Duke Realty's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share.
Is Duke Realty a good dividend stock?: Duke Realty (NYSE:DRE) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.32%. The dividend payout ratio is 44.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DRE will have a dividend payout ratio of 52.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DRE.
What is Jim Connor's approval rating as Duke Realty's CEO?: 2 employees have rated Duke Realty Chief Executive Officer Jim Connor on Glassdoor.com. Jim Connor has an approval rating of 100% among the company's employees. This puts Jim Connor in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Duke Realty own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Duke Realty investors own include Micron Technology (MU), Xtrackers California Municipal Bond ETF (CA), Bank of America (BAC), NVIDIA (NVDA), Walt Disney (DIS), Prologis (PLD), Intel (INTC), Starbucks (SBUX), BlackRock (BLK) and

This page (NYSE:DRE) was last updated on 4/16/2024 by MarketBeat.com Staff

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Duke Realty (DRE) Stock Price, News & Analysis

Duke Realty MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Duke Realty Stock (NYSE:DRE)

DRE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy Duke Realty Stock? DRE Pros and Cons Explained

Pros

Cons

DRE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™