NYSE:DREDuke Realty Stock Price, Forecast & News

Duke Realty's stock was trading at $30.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DRE shares have increased by 13.6% and is now trading at $34.48. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Duke Realty in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Duke Realty.

Duke Realty is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Duke Realty.

Duke Realty Corp (NYSE:DRE) released its quarterly earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.05. The real estate investment trust had revenue of $218.76 million for the quarter, compared to analysts' expectations of $218.56 million. Duke Realty had a return on equity of 8.14% and a net margin of 43.19%. Duke Realty's revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $0.12 EPS. View Duke Realty's earnings history.

Duke Realty announced a quarterly dividend on Wednesday, April 29th. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.235 per share on Friday, May 29th. This represents a $0.94 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date is Wednesday, May 13th. View Duke Realty's dividend history.

Duke Realty updated its FY20 earnings guidance on Wednesday, April, 29th. The company provided earnings per share guidance of $1.32-1.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.48.

12 brokerages have issued 1-year target prices for Duke Realty's stock. Their forecasts range from $32.00 to $40.00. On average, they anticipate Duke Realty's share price to reach $36.35 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View analysts' price targets for Duke Realty.

News stories about DRE stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Duke Realty earned a news sentiment score of -2.5 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutDuke Realty.

Some companies that are related to Duke Realty include Vornado Realty Trust (VNO), Cousins Properties (CUZ), PS Business Parks (PSB), Spirit Realty Capital (SRC), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), Investors Real Estate Trust Reit (IRET), Gladstone Commercial (GOOD), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Duke Realty investors own include CA (CA), Micron Technology (MU), Bank of America (BAC), NVIDIA (NVDA), BlackRock (BLK), Starbucks (SBUX), Walt Disney (DIS), Prologis (PLD), Honeywell International (HON) and Paypal (PYPL).

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

Duke Realty's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.03%), Cohen & Steers Inc. (9.21%), State Street Corp (6.60%), Invesco Ltd. (2.12%), Geode Capital Management LLC (2.02%) and Principal Financial Group Inc. (1.78%). Company insiders that own Duke Realty stock include Ann C Dee, Charles R Eitel, James B Connor, Mark A Denien, Melanie R Sabelhaus, Nicholas C Anthony, Peter D Harrington and Steven W Schnur. View institutional ownership trends for Duke Realty.

DRE stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Aew Capital Management L P, Deutsche Bank AG, UBS Group AG, Two Sigma Advisers LP, APG Asset Management N.V., Principal Financial Group Inc., and Virginia Retirement Systems ET AL. Company insiders that have sold Duke Realty company stock in the last year include James B Connor, Nicholas C Anthony, and Peter D Harrington. View insider buying and selling activity for Duke Realty.

DRE stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Sumitomo Mitsui Trust Holdings Inc., Invesco Ltd., Blackstone Group Inc, Morgan Stanley, Morgan Stanley, Retirement Systems of Alabama, and Russell Investments Group Ltd.. View insider buying and selling activity for Duke Realty.

Shares of DRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DRE stock can currently be purchased for approximately $34.48.

Duke Realty has a market capitalization of $12.70 billion and generates $973.76 million in revenue each year. The real estate investment trust earns $428.97 million in net income (profit) each year or $1.44 on an earnings per share basis. Duke Realty employs 400 workers across the globe.

The official website for Duke Realty is www.dukerealty.com.

Duke Realty's mailing address is 8711 NORTH RIVER CROSSING BLVD, INDIANAPOLIS IN, 46240. The real estate investment trust can be reached via phone at 317-808-6000 or via email at [email protected]