Duke Realty (NYSE:DRE) will be posting its quarterly earnings results after the market closes on Wednesday, April 25th. Analysts expect Duke Realty to post earnings of $0.08 per share for the quarter. Duke Realty has set its FY18 guidance at $1.24-1.32 EPS.
Duke Realty (NYSE:DRE) last posted its quarterly earnings data on Wednesday, January 31st. The real estate investment trust reported $0.17 EPS for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.13). Duke Realty had a return on equity of 6.28% and a net margin of 197.59%. The business had revenue of $179.39 million for the quarter, compared to analyst estimates of $175.00 million. On average, analysts expect Duke Realty to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Duke Realty stock opened at $25.95 on Tuesday. Duke Realty has a one year low of $24.30 and a one year high of $30.14. The company has a debt-to-equity ratio of 0.53, a current ratio of 4.43 and a quick ratio of 4.43. The stock has a market cap of $9,288.87, a PE ratio of 20.93, a price-to-earnings-growth ratio of 4.69 and a beta of 0.72.
A number of equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Duke Realty from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Royal Bank of Canada cut shares of Duke Realty from an “outperform” rating to a “sector perform” rating and upped their target price for the company from $29.00 to $31.00 in a report on Wednesday, January 3rd. ValuEngine cut shares of Duke Realty from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. JPMorgan Chase raised shares of Duke Realty from an “underweight” rating to a “neutral” rating in a report on Tuesday, March 27th. Finally, DA Davidson reaffirmed a “neutral” rating on shares of Duke Realty in a report on Thursday, February 1st. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Duke Realty has an average rating of “Hold” and an average target price of $29.82.
In other news, Director Charles R. Eitel sold 5,242 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $24.96, for a total value of $130,840.32. Following the sale, the director now directly owns 4,927 shares of the company’s stock, valued at approximately $122,977.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.24% of the stock is currently owned by corporate insiders.
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Duke Realty Company Profile
Duke Realty Corporation owns and operates approximately 146 million rentable square feet of industrial assets in 21 major logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500 Index. More information about Duke Realty Corporation is available at www.dukerealty.com.
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