Press coverage about Duke Realty (NYSE:DRE) has been trending positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Duke Realty earned a news impact score of 0.26 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 46.534861718564 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
DRE has been the topic of a number of analyst reports. Robert W. Baird set a $32.00 price target on Duke Realty and gave the stock a “buy” rating in a research report on Monday, February 5th. Citigroup raised Duke Realty from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Thursday, December 14th. Zacks Investment Research upgraded shares of Duke Realty from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Monday, October 30th. BMO Capital Markets set a $30.00 target price on shares of Duke Realty and gave the company a “hold” rating in a research note on Wednesday, October 25th. Finally, SunTrust Banks set a $27.00 target price on shares of Duke Realty and gave the company a “hold” rating in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $29.82.
Duke Realty (DRE) traded up $0.24 on Friday, hitting $25.88. 6,157,111 shares of the company’s stock traded hands, compared to its average volume of 3,606,903. Duke Realty has a twelve month low of $24.48 and a twelve month high of $30.14. The company has a market cap of $9,216.93, a P/E ratio of 5.68, a PEG ratio of 4.68 and a beta of 0.77. The company has a debt-to-equity ratio of 0.53, a current ratio of 4.43 and a quick ratio of 3.23.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Wednesday, February 14th. Duke Realty’s dividend payout ratio (DPR) is presently 17.54%.
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About Duke Realty
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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