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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Here’s How the Inflation Reduction Act Energizes Power Stock
Average US gasoline price falls 45 cents to $4.10 per gallon
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
NYSE:DRE

Duke Realty - DRE Stock Forecast, Price & News

$64.86
+1.47 (+2.32%)
(As of 08/12/2022 09:14 PM ET)
Add
Compare
Today's Range
$63.68
$64.95
50-Day Range
$49.78
$64.86
52-Week Range
$47.12
$66.22
Volume
1.74 million shs
Average Volume
2.52 million shs
Market Capitalization
$24.97 billion
P/E Ratio
26.05
Dividend Yield
1.73%
Price Target
$62.20

Duke Realty MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
4.1% Downside
$62.20 Price Target
Short Interest
Healthy
1.84% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.98
Upright™ Environmental Score
News Sentiment
0.72mentions of Duke Realty in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$8.70 M Sold Last Quarter
Proj. Earnings Growth
11.52%
From $1.91 to $2.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.88 out of 5 stars

Finance Sector

127th out of 926 stocks

Real Estate Investment Trusts Industry

21st out of 195 stocks

DRE stock logo

About Duke Realty (NYSE:DRE) Stock

Duke Realty Corporation owns and operates approximately 159 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 a member of the S&P 500 Index.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. BMO Capital Markets upgraded Duke Realty from a "market perform" rating to an "outperform" rating and lowered their target price for the company from $68.00 to $65.00 in a research note on Monday, May 16th. Mizuho dropped their price objective on shares of Duke Realty from $65.00 to $58.00 and set a "na" rating on the stock in a research note on Tuesday, May 17th. Wells Fargo & Company raised their target price on shares of Duke Realty from $56.00 to $64.00 and gave the stock an "equal weight" rating in a research note on Thursday. Robert W. Baird downgraded shares of Duke Realty from an "outperform" rating to a "neutral" rating and lowered their target price for the company from $78.00 to $74.00 in a report on Thursday, July 14th. Finally, Edward Jones cut shares of Duke Realty from a "buy" rating to a "hold" rating in a report on Tuesday, June 14th. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $62.20.

Duke Realty Trading Up 2.3 %

Shares of Duke Realty stock opened at $64.86 on Monday. The company has a 50-day moving average of $57.18 and a two-hundred day moving average of $56.01. Duke Realty has a 12-month low of $47.12 and a 12-month high of $66.22. The company has a current ratio of 1.23, a quick ratio of 1.21 and a debt-to-equity ratio of 0.61. The stock has a market cap of $24.97 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 4.38 and a beta of 0.71.

Duke Realty (NYSE:DRE - Get Rating) last issued its quarterly earnings data 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 firm had revenue of $280.15 million for the quarter, compared to analyst estimates of $279.80 million. Duke Realty had a return on equity of 15.66% and a net margin of 85.63%. The business's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 earnings per share. On average, research analysts anticipate that Duke Realty will post 1.91 EPS for the current fiscal year.

Insider Buying and Selling at Duke Realty

In other Duke Realty news, CFO Mark A. Denien sold 140,000 shares of the company's stock in a transaction dated Wednesday, August 3rd. The shares were sold at an average price of $62.13, for a total value of $8,698,200.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.44% of the stock is currently owned by insiders.

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DRE Stock News Headlines

Duke Realty Reports Second Quarter 2022 Earnings
Duke Realty (DRE) Q2 FFO Surpass Estimates
Duke Realty Corp - Stock Analysis
See More Headlines
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DRE Company Calendar

Ex-Dividend for 5/31 Dividend
5/13/2022
Dividend Payable
5/31/2022
Last Earnings
7/27/2022
Today
8/15/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Diversified REITs
Sector
Finance
CUSIP
26441150
Employees
340
Year Founded
1972

Price Target and Rating

Average Stock Price Forecast
$62.20
High Stock Price Forecast
$74.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
-4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
10 Analysts

Profitability

Net Income
$852.90 million
Pretax Margin
88.00%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$3.22 per share
Book Value
$16.64 per share

Miscellaneous

Free Float
383,299,000
Market Cap
$24.97 billion
Optionable
Optionable
Beta
0.71

Social Links















DRE Stock - Frequently Asked Questions

Should I buy or sell Duke Realty stock right now?

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.
View DRE analyst ratings
or view top-rated stocks.

What is Duke Realty's stock price forecast for 2022?

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%.
View analysts price targets for DRE
or view top-rated stocks among Wall Street analysts.

How have DRE shares performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Duke Realty?

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
.

When is Duke Realty's next earnings date?

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

How were Duke Realty's earnings last quarter?

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.

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

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
.

Is Duke Realty a good dividend stock?

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.

What is Jim Connor's approval rating as Duke Realty's CEO?

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.

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 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).

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 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.
View institutional ownership trends
.

How do I buy shares of Duke Realty?

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.

What is Duke Realty's stock price today?

One share of DRE stock can currently be purchased for approximately $64.86.

How much money does Duke Realty make?

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.

How many employees does Duke Realty have?

The company employs 340 workers across the globe.

When was Duke Realty founded?

Duke Realty was founded in 1972.

How can I contact Duke Realty?

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.

This page (NYSE:DRE) was last updated on 8/15/2022 by MarketBeat.com Staff

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