Duke Realty Corporation Company Profile (NYSE:DRE)

About Duke Realty Corporation

Duke Realty Corporation logoDuke Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company operates in four segments: industrial, medical office, office real estate investments and service operations. The Service operations segment consists of various real estate services, such as property management, asset management, maintenance, leasing, development, general contracting and construction management to third-party property owners and joint ventures. The Company conducts its Service Operations through Duke Realty Services, LLC, Duke Realty Services Limited Partnership and Duke Construction Limited Partnership (DCLP). The Company's portfolio includes owned or jointly controlled over 590 industrial, medical offices and office properties, of which approximately 560 properties with approximately 135 million square feet were in service. Its tenants are engaged in government services, manufacturing, retailing, wholesale trade, healthcare and professional services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Industrial
  • Sub-Industry: Diversified REITs
  • Exchange: NYSE
  • Symbol: DRE
  • CUSIP: 26441150
Key Metrics:
  • Previous Close: $25.21
  • 50 Day Moving Average: $25.89
  • 200 Day Moving Average: $26.36
  • 52-Week Range: $19.23 - $28.99
  • Trailing P/E Ratio: 28.55
  • Foreward P/E Ratio: 74.15
  • P/E Growth: 16.81
  • Market Cap: $8.94B
  • Outstanding Shares: 354,710,000
  • Beta: 0.93
  • Net Margins: 34.60%
  • Return on Equity: 9.27%
  • Return on Assets: 4.51%
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 1.21%
  • Quick Ratio: 1.21%
Additional Links:
Companies Related to Duke Realty Corporation:

Analyst Ratings

Consensus Ratings for Duke Realty Corporation (NYSE:DRE) (?)
Ratings Breakdown: 4 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $28.40 (12.65% upside)

Analysts' Ratings History for Duke Realty Corporation (NYSE:DRE)
DateFirmActionRatingPrice TargetDetails
2/6/2017MizuhoUpgradeNeutral -> Buy$27.00 -> $28.00View Rating Details
1/27/2017Stifel NicolausLower Price TargetBuy$30.00 -> $28.00View Rating Details
1/23/2017Barclays PLCLower Price TargetEqual Weight$26.00 -> $25.00View Rating Details
12/16/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$28.00View Rating Details
12/13/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
11/28/2016Robert W. BairdUpgradeNeutral -> Outperform$30.00View Rating Details
11/22/2016RBC Capital MarketsReiterated RatingOutperform$30.00 -> $28.00View Rating Details
11/22/2016Royal Bank Of CanadaLower Price TargetOutperform$30.00 -> $28.00View Rating Details
9/7/2016Morgan StanleyReiterated RatingBuy$31.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
7/28/2016Oppenheimer Holdings, Inc.Boost Price TargetOutperform$26.00 -> $31.00View Rating Details
7/7/2016Citigroup Inc.Boost Price TargetNeutral$24.00 -> $27.00View Rating Details
2/5/2016BB&T CorporationBoost Price TargetHold$22.50 -> $23.00View Rating Details
2/1/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$21.00View Rating Details
12/14/2015Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$22.00View Rating Details
12/3/2015Miller TabakDowngradeHold -> SellView Rating Details
6/26/2015SunTrust Banks, Inc.Reiterated RatingNeutral$23.00View Rating Details
5/9/2015DA DavidsonReiterated RatingNeutral$23.00 -> $22.00View Rating Details
(Data available from 2/21/2015 forward)


Earnings History for Duke Realty Corporation (NYSE:DRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/25/2017Q416$0.07$0.31$205.04 million$204.26 millionViewListenView Earnings Details
10/26/2016Q316$0.30$0.31$201.81 million$226.19 millionViewListenView Earnings Details
7/27/2016Q2$0.30$0.30$202.67 million$200.50 millionViewListenView Earnings Details
4/27/2016Q116$0.28$0.28$199.59 million$224.90 millionViewListenView Earnings Details
1/28/2016Q4$0.29$0.29$200.22 million$198.52 millionViewListenView Earnings Details
10/28/2015Q315$0.29$0.29$203.92 million$234.50 millionViewListenView Earnings Details
7/29/2015Q2$0.29$0.28$215.71 million$225.90 millionViewListenView Earnings Details
4/29/2015Q115$0.30$0.31$239.30 million$267.40 millionViewListenView Earnings Details
1/28/2015Q414$0.30$0.30$233.73 million$238.00 millionViewListenView Earnings Details
10/30/2014Q314$0.30$0.30$235.40 million$231.30 millionViewListenView Earnings Details
7/30/2014Q214$0.29$0.30$235.85 million$233.50 millionViewListenView Earnings Details
4/30/2014Q114$0.28$0.28$221.35 millionViewListenView Earnings Details
1/30/2014Q413$0.27$0.29$220.27 million$227.03 millionViewListenView Earnings Details
10/31/2013Q313$0.28$0.28$236.24 million$291.69 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.26$0.27$223.96 million$275.46 millionViewListenView Earnings Details
4/24/2013Q1 2013$0.26$0.26$222.80 million$221.26 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.27$0.27$210.75 million$220.90 millionViewListenView Earnings Details
10/31/2012Q312$0.26$0.26$205.87 million$302.89 millionViewN/AView Earnings Details
7/25/2012$0.26$0.26ViewN/AView Earnings Details
4/25/2012$0.24$0.24ViewN/AView Earnings Details
1/25/2012$0.29$0.30ViewN/AView Earnings Details
10/26/2011$0.29$0.29ViewN/AView Earnings Details
7/27/2011$0.28$0.29ViewN/AView Earnings Details
4/27/2011$0.28$0.28ViewN/AView Earnings Details
1/26/2011$0.27$0.28ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Duke Realty Corporation (NYSE:DRE)
Current Year EPS Consensus Estimate: $0.30 EPS
Next Year EPS Consensus Estimate: $0.34 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.28$0.29$0.29
Q2 20162$0.30$0.31$0.31
Q3 20162$0.31$0.31$0.31
Q4 20162$0.30$0.31$0.31
Q1 20172$0.29$0.31$0.30
Q2 20172$0.31$0.32$0.32
Q3 20172$0.32$0.32$0.32
Q4 20172$0.33$0.34$0.34
Q1 20181$0.32$0.32$0.32
Q2 20181$0.34$0.34$0.34
Q3 20181$0.34$0.34$0.34
Q4 20181$0.35$0.35$0.35
(Data provided by Zacks Investment Research)


Current Dividend Information for Duke Realty Corporation (NYSE:DRE)
Annual Dividend:$0.76
Dividend Yield:3.01%
Dividend Growth:2.40% (3 Year Average)
Payout Ratio:86.36% (Based on Trailing 12 Months of Earnings)
253.33% (Based on Current Year Consensus EPS Estimate)
223.53% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Duke Realty Corporation (NYSE:DRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Duke Realty Corporation (NYSE:DRE)
Insider Ownership Percentage: 0.40%
Institutional Ownership Percentage: 93.13%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/28/2016Charles R. EitelDirectorSell3,575$25.94$92,735.50View SEC Filing  
6/23/2016Steven R KennedyEVPSell26,649$25.41$677,151.09View SEC Filing  
6/8/2016Dennis D OklakChairmanSell75,000$24.41$1,830,750.00View SEC Filing  
5/4/2016Steven R KennedyEVPSell820$22.14$18,154.80View SEC Filing  
3/9/2016Steven R KennedyEVPSell25,103$21.28$534,191.84View SEC Filing  
2/25/2016Charles R EitelDirectorSell3,500$20.76$72,660.00View SEC Filing  
2/24/2016Jack R ShawDirectorSell3,943$20.16$79,490.88View SEC Filing  
12/30/2015Dennis D OklakCEOSell8,656$21.36$184,892.16View SEC Filing  
12/22/2015Dennis D OklakCEOSell24,700$21.05$519,935.00View SEC Filing  
12/21/2015Dennis D OklakCEOSell14,225$21.00$298,725.00View SEC Filing  
12/15/2015Dennis D OklakCEOSell25,000$20.53$513,250.00View SEC Filing  
12/4/2015Dennis D OklakCEOSell50,000$20.77$1,038,500.00View SEC Filing  
12/1/2015Dennis D. OklakCEOSell5,317$20.70$110,061.90View SEC Filing  
11/24/2015Dennis D OklakCEOSell25,500$20.05$511,275.00View SEC Filing  
6/8/2015James D BremnerPresidentSell18,000$19.10$343,800.00View SEC Filing  
3/23/2015James B ConnorCOOSell9,000$22.51$202,590.00View SEC Filing  
3/11/2015James D BremnerPresidentSell7,100$20.39$144,769.00View SEC Filing  
3/9/2015Jack R ShawDirectorSell6,496$20.38$132,388.48View SEC Filing  
3/4/2015Steven R KennedyEVPSell25,482$21.10$537,670.20View SEC Filing  
2/27/2015Charles R EitelDirectorSell4,824$21.48$103,619.52View SEC Filing  
2/18/2015Charles R EitelDirectorSell1,451$21.54$31,254.54View SEC Filing  
2/9/2015James D BremnerPresidentSell10,000$21.24$212,400.00View SEC Filing  
11/19/2014James B ConnorCOOSell12,000$18.91$226,920.00View SEC Filing  
9/9/2014James D BremnerPresidentSell20,000$18.40$368,000.00View SEC Filing  
8/18/2014James B ConnorCOOSell55,000$18.36$1,009,800.00View SEC Filing  
8/11/2014Michael E SzymanczykDirectorBuy10,000$18.17$181,700.00View SEC Filing  
6/26/2014Dennis D OklakCEOSell94,735$17.99$1,704,282.65View SEC Filing  
5/14/2014Michael SzymanczykDirectorBuy10,000$17.53$175,300.00View SEC Filing  
5/7/2014Thomas Baltimore, Jr.DirectorSell25,000$17.35$433,750.00View SEC Filing  
3/12/2014Charles EitelDirectorSell5,000$16.68$83,400.00View SEC Filing  
3/3/2014Steven KennedyEVPSell25,699$16.97$436,112.03View SEC Filing  
9/23/2013Charles EitelDirectorSell5,000$15.90$79,500.00View SEC Filing  
6/25/2013Peter M Scott IIIDirectorBuy5,000$14.80$74,000.00View SEC Filing  
6/24/2013Mark A DenienCFOBuy2,000$14.48$28,960.00View SEC Filing  
5/10/2013Charles R EitelDirectorSell3,500$18.36$64,260.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Duke Realty Corporation (NYSE:DRE)
News IconWhat's Happening To These Stocks? – Duke Realty Corporation (DRE), Starwood Property Trust, Inc. (STWD) - Post Analyst (NYSE:DRE)
postanalyst.com - February 18 at 4:31 PM
News IconDuke Realty Corporation (DRE): How technical signals have emerged? (NYSE:DRE)
xboxonezone.com - February 18 at 9:12 AM
News IconDuke Realty Corporation (DRE): How technical signals have emerged? - Post Analyst (NYSE:DRE)
postanalyst.com - February 17 at 7:01 PM
News IconThe Case for and Against Duke Realty Corporation (DRE) - StockNewsJournal (NYSE:DRE)
stocknewsjournal.com - February 17 at 7:01 PM
biz.yahoo.com logoDUKE REALTY CORP Files SEC form 10-K, Annual Report (NYSE:DRE)
biz.yahoo.com - February 17 at 7:01 PM
News IconThe Manufacturers Life Insurance Company Invests $13194000 in Duke Realty Corporation (DRE) (NYSE:DRE)
techknowbits.com - February 16 at 8:07 PM
News IconWhat are Analyst's Indicators for Regal Entertainment Group (RGC ... - The USA Commerce (NYSE:DRE)
www.theusacommerce.com - February 16 at 3:06 PM
News IconEarnings Clues on Duke Realty Corporation (DRE), Helmerich & Payne, Inc. (HP) Analyst's Predictions - StockNewsJournal (NYSE:DRE)
stocknewsjournal.com - February 16 at 3:06 PM
News IconThe Duke Realty Corporation (DRE) Given Average Rating of "Buy" by Brokerages (NYSE:DRE)
ibusinesslines.com - February 14 at 5:39 PM
News IconWhat are Analyst's Indicators for The Medicines Company (MDCO), Duke Realty Corporation (DRE) - The USA Commerce (NYSE:DRE)
www.theusacommerce.com - February 14 at 3:39 AM
News IconTaking a Look at the Data Behind Duke Realty Corporation (DRE) - StockNewsJournal (NYSE:DRE)
stocknewsjournal.com - February 14 at 3:39 AM
4-traders.com logoDUKE REALTY CORP : ex-dividend day (NYSE:DRE)
www.4-traders.com - February 13 at 10:36 PM
News IconThe Duke Realty Corp. (DRE) to Release Quarterly Earnings on Wednesday (NYSE:DRE)
brassale.net - February 11 at 4:51 PM
News IconAverage Brokerage Rating Of Paycom Software, Inc. (PAYC), Duke Realty Corporation (DRE) - The USA Commerce (NYSE:DRE)
www.theusacommerce.com - February 11 at 3:17 AM
News IconWhy Investors remained confident on Duke Realty Corporation (DRE), Fortinet, Inc. (FTNT)? - StockNewsJournal (NYSE:DRE)
stocknewsjournal.com - February 11 at 3:17 AM
News IconForward Earnings Estimate of Duke Realty Corporation(DRE) - Highland Mirror (NYSE:DRE)
www.highlandmirror.com - February 11 at 3:17 AM
News IconDuke Realty (NYSE:DRE) Noted As 'Buy' In Update From Mizuho Securities (NYSE:DRE)
techknowbits.com - February 9 at 3:19 AM
directorstalkinterviews.com logoDuke Realty Corp 11.2% Potential Upside Now Implied by Mizuho - DirectorsTalk Interviews (NYSE:DRE)
www.directorstalkinterviews.com - February 8 at 10:18 PM
News IconTaking a Look at the Chart for Duke Realty Corporation (DRE) - The USA Commerce (NYSE:DRE)
www.theusacommerce.com - February 8 at 10:17 PM
News IconChecking the Overall Picture for Duke Realty Corporation (DRE) - StockNewsJournal (NYSE:DRE)
stocknewsjournal.com - February 7 at 10:57 PM
News IconWhat Analysts are Predicting For Nuance Communications, Inc. (NUAN), Duke Realty Corporation (DRE)? - The USA Commerce (NYSE:DRE)
www.theusacommerce.com - February 7 at 5:55 PM
wallstrt24.com logoMomentum Stocks in Focus Deckers Outdoor Corp (NYSE:DECK), Duke Realty Corp (NYSE:DRE) - Wall Street 24 (NYSE:DRE)
wallstrt24.com - February 7 at 2:55 AM
istreetwire.com logoStocks In Action: Graphic Packaging Holding Company (GPK), Duke ... - iStreetWire (NYSE:DRE)
istreetwire.com - February 7 at 2:55 AM
us.rd.yahoo.com logoDuke Realty upgraded by Mizuho (NYSE:DRE)
us.rd.yahoo.com - February 6 at 4:53 PM
News IconStock Price of Duke Realty Corporation (DRE) Increases 2.71% - Highland Mirror (NYSE:DRE)
www.highlandmirror.com - February 6 at 8:00 AM
News IconDuke Realty Corp (DRE) is Upgraded by Mizuho to ” Buy” - Highland Mirror (NYSE:DRE)
www.highlandmirror.com - February 6 at 8:00 AM
News IconTaking a Fresh Look at Duke Realty Corporation (DRE) - StockNewsJournal (NYSE:DRE)
stocknewsjournal.com - February 5 at 9:43 PM
News IconTaking a Fresh Look at Duke Realty Corporation (DRE) (NYSE:DRE)
eleganthomesinla.com - February 4 at 4:57 PM
News IconAnalysts Update Their Price Target On Duke Realty Corporation (NYSE:DRE) (NYSE:DRE)
prensariotiretail.com - February 3 at 10:10 PM
News IconCompare the Different Analyst's Ratings: Duke Realty Corporation's (DRE) (NYSE:DRE)
latribunadecanarias.com - February 3 at 5:07 PM
News IconSell-Side Analyst's Predictions: Duke Realty Corporation (DRE), SLM Corporation (SLM) (NYSE:DRE)
hypelee.com - February 3 at 5:07 PM
News IconEPS Estimates Revision Screen: Duke Realty Corporation (NYSE:DRE) (NYSE:DRE)
mlbinjurynews.com - February 3 at 5:07 PM
capitalcube.com logoETFs with exposure to Duke Realty Corp. : February 2, 2017 (NYSE:DRE)
www.capitalcube.com - February 2 at 5:17 PM
News IconDuke Realty Corporation (DRE) Stock Price Decreases -8.47% (NYSE:DRE)
jagsreport.com - February 1 at 5:19 PM
News IconWhat Analysts Think of Duke Realty Corp (NYSE:DRE)? - Post Registrar (NYSE:DRE)
postregistrar.com - January 31 at 10:28 PM
News IconDuke Realty Corporation (DRE) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:DRE)
theusacommerce.com - January 31 at 10:28 PM
News IconDrilling Down Into Duke Realty Corporation (DRE) (NYSE:DRE)
cote-ivoire.com - January 31 at 12:11 AM
News IconUBS Downgrades the shares of Duke Realty Corporation (NYSE:DRE) to Neutral (NYSE:DRE)
flapship.com - January 30 at 5:41 PM
News IconWhat's Ahead For This Dividend Darling: Duke Realty Corporation (NYSE:DRE) - Aiken Advocate (NYSE:DRE)
aikenadvocate.com - January 30 at 11:34 AM
prnewswire.com logoResearch Reports Coverage on REIT Stocks -- Duke Realty, Prologis, CubeSmart, and Communications Sales & Leasing - PR Newswire (press release) (NYSE:DRE)
www.prnewswire.com - January 30 at 11:34 AM
News IconDrilling Down Into Duke Realty Corporation (DRE) - StockNewsJournal (NYSE:DRE)
stocknewsjournal.com - January 30 at 11:34 AM
capitalcube.com logoDuke Realty Corp. :DRE-US: Earnings Analysis: 2016 By the Numbers : January 30, 2017 (NYSE:DRE)
www.capitalcube.com - January 30 at 11:34 AM
investornewswire.com logoStock Price Forecast Of Duke Realty Corporation (NYSE:DRE) At $31 - Investor Newswire (NYSE:DRE)
www.investornewswire.com - January 29 at 9:53 PM
News IconSleepy Friday? Not For This Active Stock: Duke Realty Corporation (NYSE:DRE) (NYSE:DRE)
myhealthbowl.com - January 28 at 4:59 PM
News IconLooking at the Tea Leaves for Duke Realty Corporation (DRE) - The USA Commerce (NYSE:DRE)
theusacommerce.com - January 28 at 4:42 AM
News IconUBS Just Issued " Neutral" Rating on Duke Realty Corp (DRE) (NYSE:DRE)
prensariotiretail.com - January 27 at 11:26 PM
News IconAnalyst Research Report on Duke Realty Corporation (DRE) (NYSE:DRE)
vgtoday.net - January 27 at 6:24 PM
capitalcube.com logoDuke Realty Corp. breached its 50 day moving average in a Bearish Manner : DRE-US : January 27, 2017 (NYSE:DRE)
www.capitalcube.com - January 27 at 6:24 PM
finance.yahoo.com logoDuke Realty downgraded by UBS (NYSE:DRE)
finance.yahoo.com - January 27 at 6:24 PM
seekingalpha.com logoDuke Realty's (DRE) CEO Jim Connor on Q4 2016 Results - Earnings Call Transcript (NYSE:DRE)
seekingalpha.com - January 26 at 11:04 PM


What is Duke Realty Corporation's stock symbol?

Duke Realty Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRE."

How often does Duke Realty Corporation pay dividends? What is the dividend yield for Duke Realty Corporation?

Duke Realty Corporation declared a quarterly dividend on Wednesday, January 25th. Stockholders of record on Thursday, February 16th will be paid a dividend of $0.19 per share on Tuesday, February 28th. This represents a $0.76 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Tuesday, February 14th.

Where is Duke Realty Corporation's stock going? Where will Duke Realty Corporation's stock price be in 2017?

12 analysts have issued 1 year price targets for Duke Realty Corporation's shares. Their predictions range from $25.00 to $31.00. On average, they expect Duke Realty Corporation's share price to reach $28.40 in the next twelve months.

When will Duke Realty Corporation announce their earnings?

Duke Realty Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns Duke Realty Corporation stock?

Duke Realty Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (11.67%), State Street Corp (5.07%), Dimensional Fund Advisors LP (1.31%), NN Investment Partners Holdings N.V. (0.78%), Thrivent Financial for Lutherans (0.54%) and Janus Capital Management LLC (0.51%). Company insiders that own Duke Realty Corporation stock include Charles R Eitel, Dennis D Oklak, Jack R Shaw, James B Connor, James D Bremner and Steven R Kennedy.

Who sold Duke Realty Corporation stock? Who is selling Duke Realty Corporation stock?

Duke Realty Corporation's stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Franklin Resources Inc., State Street Corp, Envestnet Asset Management Inc., United Capital Financial Advisers LLC, Shelton Capital Management, Rafferty Asset Management LLC and Commerzbank Aktiengesellschaft FI. Company insiders that have sold Duke Realty Corporation stock in the last year include Charles R Eitel, Dennis D Oklak, Jack R Shaw and Steven R Kennedy.

Who bought Duke Realty Corporation stock? Who is buying Duke Realty Corporation stock?

Duke Realty Corporation's stock was bought by a variety of institutional investors in the last quarter, including Heitman Real Estate Securities LLC, FMR LLC, Asset Management One Co. Ltd., Russell Investments Group Ltd., Allianz Asset Management AG, V3 Capital Management L.P., Federated Investors Inc. PA and Credit Agricole S A.

How do I buy Duke Realty Corporation stock?

Shares of Duke Realty Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Duke Realty Corporation stock cost?

One share of Duke Realty Corporation stock can currently be purchased for approximately $25.21.

Duke Realty Corporation (NYSE:DRE) Chart for Tuesday, February, 21, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Duke Realty Corporation (NYSE:DRE)

Earnings History Chart

Earnings by Quarter for Duke Realty Corporation (NYSE:DRE)

Dividend History Chart

Dividend Payments by Quarter for Duke Realty Corporation (NYSE:DRE)

Last Updated on 2/21/2017 by MarketBeat.com Staff