Duke Realty - DRE Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Duke Realty in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DRE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DRE, but not buy additional shares or sell existing shares.
View DRE analyst ratings or view top-rated stocks.

8 brokers have issued 12-month target prices for Duke Realty's stock. Their DRE share price forecasts range from $56.00 to $74.00. On average, they anticipate the company's share price to reach $63.75 in the next year. This suggests a possible upside of 32.3% from the stock's current price.
View analysts price targets for DRE or view top-rated stocks among Wall Street analysts.

Duke Realty's stock was trading at $65.64 at the start of the year. Since then, DRE stock has decreased by 26.6% and is now trading at $48.20.
View the best growth stocks for 2022 here.

Duke Realty saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 4,160,000 shares, a drop of 19.2% from the August 31st total of 5,150,000 shares. Based on an average daily trading volume, of 2,280,000 shares, the short-interest ratio is presently 1.8 days.
View Duke Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our DRE earnings forecast.

Duke Realty Co. (NYSE:DRE) released its quarterly earnings data 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 analysts' expectations of $279.80 million. Duke Realty had a net margin of 85.63% and a trailing twelve-month return on equity of 15.66%. The company's revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.44 EPS.

Duke Realty announced a quarterly dividend on Thursday, September 1st. Stockholders of record on Thursday, September 15th will be given a dividend of $0.28 per share on Friday, September 30th. This represents a $1.12 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for DRE.

Duke Realty (NYSE:DRE) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.33%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. 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.

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.

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

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

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

One share of DRE stock can currently be purchased for approximately $48.20.

Duke Realty (NYSE:DRE) has a market capitalization of $18.56 billion and generates $1.11 billion in revenue each year. The real estate investment trust earns $852.90 million in net income (profit) each year or $2.49 on an earnings per share basis.

The company employs 340 workers across the globe.

Duke Realty's mailing address is 8711 NORTH RIVER CROSSING BLVD, INDIANAPOLIS IN, 46240. The official website for the company is www.dukerealty.com. The real estate investment trust can be reached via phone at (317) 808-6000, via email at ir@dukerealty.com, or via fax at 317-808-6650.