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Duke Realty Corporation (DRE)

Stock Price: $38.96 USD 0.86 (2.26%)
Updated Mar 5, 2021 4:00 PM EST - Market closed
Market Cap 14.56B
Revenue (ttm) 993.20M
Net Income (ttm) 299.92M
Shares Out 370.06M
EPS (ttm) 0.81
PE Ratio 48.40
Forward PE 71.94
Dividend $0.98
Dividend Yield 2.52%
Trading Day March 5
Last Price $38.96
Previous Close $38.10
Change ($) 0.86
Change (%) 2.26%
Day's Open 38.28
Day's Range 37.74 - 39.13
Day's Volume 1,479,237
52-Week Range 24.55 - 42.91

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Seeking Alpha - 1 month ago

Duke Realty Corporation (DRE) CEO James Connor on Q4 2020 Results - Earnings Call Transcript

Zacks Investment Research - 1 month ago

Growth in rental rate, improved occupancy and leasing of new developments being placed into service aid Duke Realty's (DRE) Q4 results. The company also reports strong rent collections.

Benzinga - 1 month ago

Shares of Duke Realty (NYSE:DRE) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 7.89% year over year to $0.41, which beat...

GlobeNewsWire - 1 month ago

Development Pipeline in Excess of $1 Billion and 67 Percent Pre-Leased

Zacks Investment Research - 1 month ago

Duke Realty's (DRE) Q4 results likely to reflect benefits from its efforts to leverage on the industrial real estate market's healthy fundamentals.

GlobeNewsWire - 1 month ago

INDIANAPOLIS, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) announces the income tax characteristics of its 2020 common share dividends. Shareholders are encouraged to ...

Zacks Investment Research - 1 month ago

Duke Realty (DRE) is tapping the debt market to procure capital for funding its green projects. $450 million of 1.75% senior unsecured notes have been priced at 99.252%.

24/7 Wall Street - 1 month ago

With the first quarter of 2021 underway, many of the top firms we follow on Wall Street are making some changes to the lists of their high-conviction stock picks for clients.

Other stocks mentioned: AMAT, C, CCI, NRG
GlobeNewsWire - 1 month ago

INDIANAPOLIS, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Par...

GlobeNewsWire - 1 month ago

INDIANAPOLIS, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) today announced that the company will release its fourth quarter 2020 operating results on Wednesday, Januar...

CNBC Television - 2 months ago

Duke Realty CEO on the new phenomenon in warehousing: safety stock, or inventory expansion

Jim Connor, CEO of Duke Realty, an industrial property real estate investment trust, discusses the continued surge in demand for supply chain logistics and retail warehouse space.

Zacks Investment Research - 2 months ago

Amid healthy industrial real market fundamentals, Duke Realty (DRE) is poised to gain from its capacity to offer modern facilities in key locations, though development boom remains a concern.

Zacks Investment Research - 2 months ago

Amid the surging demand for its well-located industrial spaces in the Raleigh metro area, Duke Realty (DRE) recently secured a lease for the company's property at Perimeter Park with MiD.

Zacks Investment Research - 2 months ago

Amid an increasing demand for its well-located industrial spaces during the pandemic, Duke Realty (DRE) recently secured lease expansion and extension for the Dallas project with Premier LogiT...

Zacks Investment Research - 2 months ago

Duke Realty's (DRE) immediate backfilling of two facilities in New Jersey reflects solid demand for its modern distribution spaces and especially, along the New Jersey Turnpike Corridor.

Zacks Investment Research - 2 months ago

With a robust pipeline of development, both build-to-suit and speculative, Duke Realty (DRE) is well poised to enhance its presence in Tier 1 markets.

GlobeNewsWire - 2 months ago

INDIANAPOLIS, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE, or the “Company”), the largest domestic-only logistics REIT, today announced significant development transac...

Zacks Investment Research - 3 months ago

With the pandemic fueling online orders and substantially boosting e-commerce's share of total retail sales this shopping season, industrial REITs have solid chances to excel in the upcoming p...

Other stocks mentioned: EGP, PLD, REXR
Zacks Investment Research - 3 months ago

Though Duke Realty (DRE) is poised to gain from its capacity to offer modern facilities in key locations and balance-sheet strength, economic slowdown and development boom remain concerns.

The Motley Fool - 3 months ago

How should investors look at a REIT's balance sheet?

Other stocks mentioned: SPG
Seeking Alpha - 3 months ago

Duke Realty Corp. has a high-quality portfolio that is mostly located in Tier 1 markets. It continues to post strong operating results, and is poised to benefit from the secular tailwinds of e...

The Motley Fool - 4 months ago

Three of our top real estate writers think these REITs are worth a closer look.

Other stocks mentioned: OHI, STOR, PLD, STAG
Seeking Alpha - 4 months ago

Duke Realty Corporation (DRE) CEO James Connor on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 4 months ago

Rent growth on new and renewal leases, higher in-service occupancy and leasing of new developments aid Duke Realty's (DRE) Q3 results. The company also reports strong rent collections so far.

GlobeNewsWire - 4 months ago

8.5 Percent Increase to Quarterly Dividend

Zacks Investment Research - 4 months ago

Since REITs' performance depends on underlying asset categories and location of properties, not all companies suffered setbacks in the July-September period despite the pandemic playing spoils...

Other stocks mentioned: AVB, EQIX, ESS, MAA, WELL
Zacks Investment Research - 4 months ago

Duke Realty's (DRE) Q3 results likely to reflect benefits from the company's efforts to leverage on the industrial real estate market's healthy fundamentals.

The Motley Fool - 4 months ago

These companies boast top-notch balance sheets and durable cash flows, making them ideal stocks to buy ahead of an uncertain election.

Other stocks mentioned: BIP, NEE, O
The Motley Fool - 4 months ago

These dividend payers offer rock-solid yields with lots of upside potential.

Other stocks mentioned: BIP, CWEN, CWEN.A
Zacks Investment Research - 4 months ago

This leasing for a building that started as a speculative development reflects solid demand for Duke Realty's (DRE) logistics properties in the region.

GlobeNewsWire - 5 months ago

INDIANAPOLIS, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) today announced that the company will release its third quarter 2020 operating results on Wednesday, October...

Zacks Investment Research - 5 months ago

Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and dist...

Zacks Investment Research - 5 months ago

Apart from the fast adoption of e-commerce, industrial REITs are expected to benefit over the long run from a likely increase in inventory levels.

Other stocks mentioned: ILPT, PLD, REXR
Zacks Investment Research - 5 months ago

REITs offers the real estate structure for most economic activities, be it real or virtual, and so there are pockets of strengths and weaknesses too, particularly amid the current turbulent si...

Other stocks mentioned: ILPT, PK, RLJ
Seeking Alpha - 5 months ago

Recent earnings reports confirmed that fundamentals are back in-line with pre-pandemic expectations with positive growth expected in 2020. With the pandemic exposing deficiencies in supply cha...

Other stocks mentioned: EGP, IIPR, PLD, PLYM, REXR, STAG, TRNO, VNQ
Zacks Investment Research - 5 months ago

The current low-rate environment and allowing the inflation rate to run moderately above 2% have created the right environment for rate-sensitive REITs to achieve higher returns in the years a...

Other stocks mentioned: ILPT, REXR, TRNO
Seeking Alpha - 6 months ago

A New Quant-Based Approach To Picking Real Estate Investment Trusts

Other stocks mentioned: BRT, CUZ, NSA, PLYM, RESI, WSR
Zacks Investment Research - 6 months ago

Duke Realty (DRE) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 6 months ago

As REITs' underlying asset categories and property locations play key roles in determining their performance, not all have been affected by the pandemic and are rather poised to excel.

Other stocks mentioned: CUZ, FCPT, ILPT
Zacks Investment Research - 6 months ago

Duke Realty (DRE) collects 99.2% of the original contractual August rents and records decent leasing activity for industrial assets.

GlobeNewsWire - 6 months ago

INDIANAPOLIS, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE and the “company”), a leading logistics property real estate investment trust (REIT), announced today, the ...

Zacks Investment Research - 6 months ago

Given its solid prospects, healthy operating performance and rent collections, Duke Realty (DRE) stock is an attractive investment option at the moment.

Zacks Investment Research - 6 months ago

Duke Realty (DRE), capitalizing on favorable fundamentals in the Florida market, preleases 72% of new logistics facility in Miami 27 Business Park.

Zacks Investment Research - 6 months ago

Apart from the fast adoption of e-commerce, industrial REITs are expected to benefit over the long run from a likely increase in inventory levels.

Other stocks mentioned: ILPT, PLD, TRNO
Zacks Investment Research - 6 months ago

Amid a solid demand for industrial facilities in the Cincinnati metro area, Duke Realty witnesses healthy leasing activities with demand emanating from both new and existing tenants.

Zacks Investment Research - 6 months ago

Amid solid demand for modern class A facilities, Duke Realty achieves full occupancy for its Park 840 West 14840 in Lebanon, TN, by signing a lease with Optoro, Inc.

Seeking Alpha - 6 months ago

Duke Realty: Growth Outlook Is Favorable Thanks To Accelerating Online Sales Growth

Zacks Investment Research - 7 months ago

Like the majority of investors, you're most likely working on a retirement portfolio that will provide a large enough nest egg to give you a comfortable retirement. Make sure you know all abou...

Seeking Alpha - 7 months ago

Duke Realty Corporation (DRE) CEO James Connor on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 7 months ago

Rent growth on new and renewal leases, higher in-service occupancy and leasing of new developments aid Duke Realty's (DRE) Q2 results. The company also reports strong rent collections so far.

About DRE

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.

Industry
REIT-Industrial
IPO Date
Feb 5, 1986
CEO
James B. Connor
Employees
350
Stock Exchange
NYSE
Ticker Symbol
DRE
Full Company Profile

Financial Performance

In 2020, Duke Realty's revenue was $993.20 million, an increase of 2.00% compared to the previous year's $973.76 million. Earnings were $299.92 million, a decrease of -30.09%.

Financial Statements

Analyst Forecasts

According to 16 analysts, the average rating for Duke Realty stock is "Buy." The 12-month stock price forecast is 45.31, which is an increase of 16.30% from the latest price.

Price Target
$45.31
(16.30% upside)
Analyst Consensus: Buy