Duke Realty - DRE Stock Forecast, Price & News

8 Wall Street equities 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 equities 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.
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8 brokerages 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 predict the company's share price to reach $63.75 in the next twelve months.
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Duke Realty saw a drop in short interest in 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 volume of 2,280,000 shares, the days-to-cover ratio is presently 1.8 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Duke Realty Co. (NYSE:DRE) posted its quarterly earnings results on Wednesday, July, 27th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.20. The real estate investment trust earned $280.15 million during the quarter, compared to the consensus estimate of $279.80 million. Duke Realty had a trailing twelve-month return on equity of 15.66% and a net margin of 85.63%. The company's revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 EPS.

Duke Realty declared 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 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, September 14th.
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Duke Realty (NYSE:DRE) pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.32%. 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.
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Duke Realty (NYSE:DRE) has a market capitalization of $0.00 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.