Duke Realty - DRE Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Duke Realty in the last twelve months. There are currently 6 hold ratings and 4 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.
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10 equities research analysts have issued 1 year target prices for Duke Realty's shares. Their DRE share price forecasts range from $55.00 to $74.00. On average, they expect the company's stock price to reach $62.20 in the next twelve months. This suggests that the stock has a possible downside of 4.1%.
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Duke Realty's stock was trading at $65.64 at the beginning of the year. Since then, DRE stock has decreased by 1.2% and is now trading at $64.86.
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Duke Realty saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 7,080,000 shares, a drop of 17.4% from the July 15th total of 8,570,000 shares. Based on an average trading volume of 3,350,000 shares, the days-to-cover ratio is currently 2.1 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) posted its quarterly earnings results on Wednesday, July, 27th. The real estate investment trust reported $0.27 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 analyst estimates 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 business's revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 EPS.

Duke Realty announced a quarterly dividend on Wednesday, April 27th. Shareholders of record on Monday, May 16th will be paid a dividend of $0.28 per share on Tuesday, May 31st. This represents a $1.12 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Friday, May 13th.
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 1.73%. 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."

Duke Realty's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (2.94%), JPMorgan Chase & Co. (2.00%), Northern Trust Corp (1.43%), Sumitomo Mitsui Trust Holdings Inc. (0.84%), California Public Employees Retirement System (0.72%) and Deutsche Bank AG (0.72%). Insiders that own company stock include Charles R Eitel, James B Connor, James B Connor, Mark A Denien, Mark A Denien, Nicholas C Anthony, Peter D Harrington and Peter M Scott III.
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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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One share of DRE stock can currently be purchased for approximately $64.86.

Duke Realty (NYSE:DRE) has a market capitalization of $24.97 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 was founded in 1972.

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.