NYSE:DREDuke Realty Stock Price, Forecast & News

$35.86

+0.66 (+1.87 %)

(As of 06/2/2020 12:56 PM ET)

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Today's Range

$35.17

Now: $35.86▼

$35.95

50-Day Range

$30.41

MA: $33.65▼

$36.20

52-Week Range

$25.19

Now: $35.86▼

$38.88

Volume141,882 shs

Average Volume2.97 million shs

Market Capitalization$13.21 billion

P/E Ratio32.60

Dividend Yield2.73%

Beta0.65

Duke Realty Corporation owns and operates approximately 153 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 listed on the S&P 500 Index.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Duke Realty has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.35, Duke Realty has a potential upside of 1.4% from its current price of $35.86.
Amount of Analyst Coverage
Duke Realty has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.9 Community Rank

Outperform Votes
Duke Realty has received 347 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Duke Realty has received 555 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Duke Realty has received 61.53% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Duke Realty and other stocks. Vote “Outperform” if you believe DRE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DRE will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Duke Realty is a leading dividend payer. It pays a dividend yield of 2.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Duke Realty has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Duke Realty is 65.28 %. 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 63.09 % next year. This indicates that Duke Realty will be able to sustain or increase its dividend.

1.0 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 0.33% of the stock of Duke Realty is held by insiders.
Percentage Held by Institutions
97.19% of the stock of Duke Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Duke Realty are expected to grow by 4.20% in the coming year, from $1.43 to $1.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Duke Realty is 32.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Duke Realty is 32.60, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.03.
Price to Earnings Growth Ratio
Duke Realty has a PEG Ratio of 5.62. 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 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.00 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryDiversified REITs

SectorFinance

Current SymbolNYSE:DRE

Previous Symbol

CUSIP26441150

CIK783280

Webwww.dukerealty.com

Phone317-808-6000

Debt

Debt-to-Equity Ratio0.63

Current Ratio1.97

Quick Ratio1.97

Price-To-Earnings

Trailing P/E Ratio32.60

Forward P/E Ratio25.08

P/E Growth5.62

Sales & Book Value

Annual Sales$973.76 million

Price / Sales13.57

Cash Flow$2.16 per share

Price / Cash Flow16.63

Book Value$13.82 per share

Price / Book2.59

Profitability

EPS (Most Recent Fiscal Year)$1.44

Net Income$428.97 million

Net Margins43.19%

Return on Equity8.14%

Return on Assets4.85%

Miscellaneous

Employees400

Outstanding Shares368,380,000

Market Cap$13.21 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Duke Realty (NYSE:DRE) Frequently Asked Questions

How has Duke Realty's stock been impacted by COVID-19 (Coronavirus)?

Duke Realty's stock was trading at $30.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DRE shares have increased by 18.1% and is now trading at $35.86. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Duke Realty?

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.

When is Duke Realty's next earnings date?

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

How were Duke Realty's earnings last quarter?

Duke Realty Corp (NYSE:DRE) posted its quarterly earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.05. The real estate investment trust earned $218.76 million during 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%. The company's revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the business earned $0.12 earnings per share. View Duke Realty's earnings history.

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

Duke Realty declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Thursday, May 14th will be given a dividend of $0.235 per share on Friday, May 29th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend is Wednesday, May 13th. View Duke Realty's dividend history.

What guidance has Duke Realty issued on next quarter's earnings?

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

What price target have analysts set for DRE?

12 equities research analysts have issued 1 year price objectives 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 1.4% from the stock's current price. View analysts' price targets for Duke Realty.

Has Duke Realty been receiving favorable news coverage?

News stories about DRE stock have been trending very positive on Tuesday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Duke Realty earned a news impact score of 3.5 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutDuke Realty.

Who are some of Duke Realty's key competitors?

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.

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 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).

Who are Duke Realty's key executives?

Duke Realty's management team includes the following people:

Mr. James B. Connor, Chairman & CEO (Age 60)
Mr. Mark A. Denien, Exec. VP & CFO (Age 51)
Mr. Nicholas C. Anthony, Exec. VP & Chief Investment Officer (Age 54)
Ms. Ann Colussi Dee, Exec. VP, Gen. Counsel & Corp. Sec. (Age 59)
Mr. Steven W. Schnur, Sr. Exec. VP (Age 46)

What is Duke Realty's stock symbol?

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

Who are Duke Realty's major shareholders?

Duke Realty's stock is owned by a number of retail and institutional 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.

Which institutional investors are selling Duke Realty stock?

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.

Which institutional investors are buying Duke Realty stock?

DRE stock was bought 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.

How do I buy shares of 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.

What is Duke Realty's stock price today?

One share of DRE stock can currently be purchased for approximately $35.86.

How big of a company is Duke Realty?

Duke Realty has a market capitalization of $13.21 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.

What is Duke Realty's official website?

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

How can I contact Duke Realty?

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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff