Duke Realty Corporation (DRE)
| Market Cap | 18.21B |
| Revenue (ttm) | 1.06B |
| Net Income (ttm) | 359.82M |
| Shares Out | 374.98M |
| EPS (ttm) | 0.96 |
| PE Ratio | 50.09 |
| Forward PE | 65.36 |
| Dividend | $1.00 |
| Dividend Yield | 2.07% |
| Trading Day | June 22 |
| Last Price | $48.24 |
| Previous Close | $48.75 |
| Change ($) | -0.51 |
| Change (%) | -1.05% |
| Day's Open | 48.68 |
| Day's Range | 48.24 - 48.78 |
| Day's Volume | 1,737,654 |
| 52-Week Range | 33.20 - 49.72 |
Amid the surging demand for its well-located industrial spaces in the Central Florida market, Duke Realty (DRE) secures lease deal with United States Postal Service.
Duke Realty (DRE) reported earnings 30 days ago. What's next for the stock?
Amid healthy industrial real market fundamentals, Duke Realty (DRE) is poised to gain from its capacity to offer modern facilities in key locations. However, development boom remains a concern.
With a robust pipeline of development, both build-to-suit and speculative, Duke Realty (DRE) is well poised to enhance its presence in key markets.
Amid the surging demand for its well-located industrial spaces in the Chicago market, Duke Realty (DRE) secures lease deals at four of its properties.
Improved occupancy, lower bad debt expense, rental rate growth and new developments being placed into service and leased up aid Duke Realty's (DRE) Q1 results.
Duke Realty (DRE) delivered FFO and revenue surprises of 0.00% and 3.36%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
$412 Million of Development Starts - 60 Percent Pre-Leased
Duke Realty's (DRE) Q1 results likely to reflect benefits from its efforts to leverage on the industrial real estate market's healthy fundamentals.
Apart from the fast adoption of e-commerce, industrial REITs are likely to benefit over the long run from a likely increase in inventory levels.
Amid the surging demand for its well-located industrial spaces in the Midwest market, Duke Realty (DRE) secures a new lease, four renewals and one lease expansion.
INDIANAPOLIS, April 01, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) today announced that the company will release its first quarter 2021 operating results on Wednesday, April 28th, afte...
Duke Realty's (DRE) amended and restatement of unsecured revolving credit facility allows the industrial REIT to lower its borrowing costs and offers sustainability-linked pricing incentive.
INDIANAPOLIS, March 29, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE, or the “Company”), the largest domestic-only logistics REIT, announced today that its operating partnership, Duke Rea...
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.
INDIANAPOLIS, March 16, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE, or the “Company”), the largest domestic-only logistics REIT, today announced eight (8) new development transactions s...
Duke Realty Corporation (DRE) CEO James Connor on Q4 2020 Results - Earnings Call Transcript
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.
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 the estim...
Development Pipeline in Excess of $1 Billion and 67 Percent Pre-Leased
Duke Realty's (DRE) Q4 results likely to reflect benefits from its efforts to leverage on the industrial real estate market's healthy fundamentals.
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 consult wi...
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%.
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.
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 Partnership (...
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, January 27th, af...
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.
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.
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.
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 LogiTech.
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.
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.
INDIANAPOLIS, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE, or the “Company”), the largest domestic-only logistics REIT, today announced significant development transactions sinc...
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 period.
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.
How should investors look at a REIT's balance sheet?
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-commerce.
Three of our top real estate writers think these REITs are worth a closer look.
Duke Realty Corporation (DRE) CEO James Connor on Q3 2020 Results - Earnings Call Transcript
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.
8.5 Percent Increase to Quarterly Dividend
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 spoilsport.
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.
These companies boast top-notch balance sheets and durable cash flows, making them ideal stocks to buy ahead of an uncertain election.
These dividend payers offer rock-solid yields with lots of upside potential.
This leasing for a building that started as a speculative development reflects solid demand for Duke Realty's (DRE) logistics properties in the region.
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 28th, aft...
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 distribution p...
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.
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 situation.
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 |
| Stock Exchange NYSE | Ticker Symbol DRE |
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%.
Analyst Forecasts
According to 16 analysts, the average rating for Duke Realty stock is "Buy." The 12-month stock price forecast is 50.14, which is an increase of 3.94% from the latest price.