News headlines about Duke Realty (NYSE:DRE) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Duke Realty earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 45.6570916032173 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of equities research analysts recently issued reports on DRE shares. Zacks Investment Research cut shares of Duke Realty from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Robert W. Baird dropped their target price on shares of Duke Realty from $32.00 to $31.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st. Citigroup upgraded shares of Duke Realty from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Thursday, December 14th. Royal Bank of Canada reiterated a “sector perform” rating and set a $31.00 target price (up previously from $29.00) on shares of Duke Realty in a research report on Wednesday, January 3rd. Finally, BMO Capital Markets set a $30.00 target price on shares of Duke Realty and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. Duke Realty currently has a consensus rating of “Hold” and an average price target of $29.75.
Shares of Duke Realty (NYSE:DRE) traded up $0.24 during trading hours on Friday, reaching $25.64. 2,600,000 shares of the company’s stock were exchanged, compared to its average volume of 1,822,499. Duke Realty has a 12-month low of $23.93 and a 12-month high of $30.14. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.45. The company has a market cap of $9,131.46, a price-to-earnings ratio of 6.15, a P/E/G ratio of 4.66 and a beta of 0.90.
Duke Realty (NYSE:DRE) last issued its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. Duke Realty had a net margin of 178.66% and a return on equity of 6.36%. The firm had revenue of $169.61 million for the quarter, compared to analyst estimates of $168.75 million. During the same quarter in the prior year, the firm earned $0.31 EPS. The company’s revenue was up 4.5% on a year-over-year basis. analysts expect that Duke Realty will post 1.24 EPS for the current year.
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Duke Realty Company Profile
Duke Realty Corporation is a self-managed real estate investment trust (REIT). The Company and Duke Realty Limited Partnership collectively specialize in the ownership, management and development of bulk distribution (industrial) and medical office real estate. It operates through three segments, the first two of which consist of the ownership and rental of industrial and medical office real estate investments.
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