NYSE:DRE - Duke Realty Stock Price, Forecast & News

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 6.7% and is now trading at $32.38. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Duke Realty in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Duke Realty.

Duke Realty is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Duke Realty.

Duke Realty Corp (NYSE:DRE) posted its quarterly earnings results on Wednesday, January, 29th. The real estate investment trust reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.10. The real estate investment trust earned $217.40 million during the quarter, compared to the consensus estimate of $216.62 million. Duke Realty had a net margin of 44.05% and a return on equity of 8.80%. The firm's quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.18 EPS. View Duke Realty's earnings history.

Duke Realty declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Friday, February 14th will be given a dividend of $0.235 per share on Friday, February 28th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Thursday, February 13th. View Duke Realty's dividend history.

Duke Realty updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share (EPS) guidance of $1.48-$1.54 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.51.

9 equities research analysts have issued 12 month price targets for Duke Realty's stock. Their forecasts range from $30.81 to $82.00. On average, they expect Duke Realty's share price to reach $40.66 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price. View analysts' price targets for Duke Realty.

Press coverage about DRE stock has trended positive on Tuesday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Duke Realty earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. 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).

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

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

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 $32.38.

Duke Realty has a market capitalization of $11.93 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. View additional information about Duke Realty.

The official website for Duke Realty is http://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]