Duke Realty (DRE) Receiving Somewhat Positive News Coverage, Analysis Finds

Media headlines about Duke Realty (NYSE:DRE) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Duke Realty earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 45.6570916032173 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Duke Realty (NYSE:DRE) traded up $0.11 during trading hours on Tuesday, hitting $25.41. 1,022,330 shares of the company’s stock were exchanged, compared to its average volume of 2,946,156. The firm has a market cap of $9,035.29, a price-to-earnings ratio of 20.46, a P/E/G ratio of 4.58 and a beta of 0.77. Duke Realty has a 52 week low of $24.48 and a 52 week high of $30.14. The company has a quick ratio of 3.23, a current ratio of 4.43 and a debt-to-equity ratio of 0.53.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.15%. Duke Realty’s dividend payout ratio is currently 17.54%.

Several brokerages have recently commented on DRE. Zacks Investment Research cut shares of Duke Realty from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. Royal Bank of Canada cut shares of Duke Realty from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from $29.00 to $31.00 in a report on Wednesday, January 3rd. DA Davidson restated a “neutral” rating on shares of Duke Realty in a research note on Thursday, February 1st. Morgan Stanley restated an “overweight” rating and issued a $31.00 price target on shares of Duke Realty in a research note on Thursday, December 14th. Finally, JPMorgan Chase & Co. lowered shares of Duke Realty from a “neutral” rating to an “underweight” rating and set a $29.00 price objective on the stock. in a research note on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. Duke Realty has a consensus rating of “Hold” and an average target price of $29.82.

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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.

Insider Buying and Selling by Quarter for Duke Realty (NYSE:DRE)

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