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Duke Realty Corporation (DRE)

NYSE: DRE · IEX Real-Time Price · USD
48.85 -0.47 (-0.95%)
Sep 24, 2021 4:00 PM EDT - Market closed
Market Cap18.48B
Revenue (ttm)1.09B
Net Income (ttm)495.82M
Shares Out378.34M
EPS (ttm)1.32
PE Ratio36.98
Forward PE62.11
Dividend$1.02 (2.09%)
Ex-Dividend DateAug 13, 2021
Volume1,480,969
Open49.20
Previous Close49.32
Day's Range48.76 - 49.42
52-Week Range34.56 - 53.73
Beta0.53
AnalystsBuy
Price Target56.13 (+14.9%)
Est. Earnings DateOct 27, 2021

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.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateFeb 5, 1986
Employees350
Stock ExchangeNYSE
Ticker SymbolDRE
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 Forecast

According to 16 analysts, the average rating for Duke Realty stock is "Buy." The 12-month stock price forecast is 56.13, which is an increase of 14.90% from the latest price.

Price Target
$56.13
(14.90% upside)
Analyst Consensus: Buy

News

Duke Realty (DRE) Upgraded to Buy: What Does It Mean for the Stock?

Duke Realty (DRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

4 days ago - Zacks Investment Research

Duke Realty Announces Participation in BofA Securities 2021 Global Real Estate Conference

INDIANAPOLIS, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE and the “company”), a leading logistics property real estate investment trust (REIT), announced today that its managem...

5 days ago - GlobeNewsWire

Duke Realty (DRE) Leasing Activity Shows Solid Demand in Nashville

Duke Realty's (DRE) recent new leasing and renewal activities highlight solid demand for its high-quality properties that enjoy convenient access to the major highways.

1 week ago - Zacks Investment Research

7 Momentum Stocks That Show No Signs of Slowing Down

Momentum stocks rely on a strategy of buying into strength. These performers are all worth buying into at the moment.

Other symbols:AAPLALBBKRGMEMRNANFLX
1 week ago - InvestorPlace

Duke Realty (DRE) Down 1.6% Since Last Earnings Report: Can It Rebound?

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

4 weeks ago - Zacks Investment Research

Duke Realty (DRE) Preleases Full Facility in Miami 27 Business Park

Amid demand spike for its well-located industrial spaces in the South Florida, Duke Realty (DRE) secures lease with a consumer products company, in turn achieving 100% prelease for the facility.

1 month ago - Zacks Investment Research

Duke Realty (DRE) Sees Solid Demand, Renews 2 Tenant Leases

Duke Realty's (DRE) recent renewal activity highlights solid demand for its high-quality properties enjoying convenient access to major highways and airport.

1 month ago - Zacks Investment Research

Here's Why You Should Hold On to Duke Realty (DRE) Stock Now

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

1 month ago - Zacks Investment Research

Duke Realty (DRE) Buys Property in Inland Empire West Submarket

Duke Realty's (DRE) latest buyout comes as part of its portfolio expansion in high-barrier-to-entry Tier 1 markets. Also, the move adds a high-quality tenant to the company's tenant roster.

1 month ago - Zacks Investment Research

7 High-Quality REITs to Buy Now for the Current Real Estate Market

The real estate market has taken off in 2021. Here are seven high-quality REITs that can help you take advantage of this explosive growth.

Other symbols:AGNCCUBENLYOSUIVICI
1 month ago - InvestorPlace

Duke Realty (DRE) Tops Q2 FFO Estimates, Raises '21 View

Duke Realty's (DRE) Q2 results highlight improved occupancy, rental rate growth and new developments being leased.

1 month ago - Zacks Investment Research

Duke Realty (DRE) Q2 FFO and Revenues Surpass Estimates

Duke Realty (DRE) delivered FFO and revenue surprises of 2.33% and 6.00%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Duke Realty Reports Second Quarter 2021 Results

36.2 Percent Growth in Net Effective Rents on Quarterly Leasing Activity

1 month ago - GlobeNewsWire

New Joint Venture Between Duke Realty and CBRE Global Investors Closes on First Tranche of Three Assets Totaling 1.3 ...

INDIANAPOLIS, July 27, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE, or “Duke Realty”), the largest domestic-only logistics REIT, and CBRE Global Investors, a leading global real assets i...

1 month ago - GlobeNewsWire

Duke Realty (DRE) Upgraded to Buy: Here's Why

Duke Realty (DRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

2 months ago - Zacks Investment Research

Duke Realty Publishes 2020 Corporate Responsibility Report

Company outlines ESG programs and their impact on the environment, social responsibility and corporate governance Company outlines ESG programs and their impact on the environment, social responsibility...

2 months ago - GlobeNewsWire

Key Factors to Impact Duke Realty (DRE) This Earnings Season

Duke Realty's (DRE) Q2 results likely to reflect benefits from its efforts to leverage on the industrial real estate market's healthy fundamentals.

2 months ago - Zacks Investment Research

Duke Realty (DRE) is a Great Momentum Stock: Should You Buy?

Does Duke Realty (DRE) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Industrial REITs Poised to Shine on Robust Demand: 4 Key Players

Industrial REITs likely to benefit as the asset category is still firing on all cylinders even at mid-year with robust demand, rents and pipeline that are scaling new records.

Other symbols:PLDREXRTRNO
2 months ago - Zacks Investment Research

Here's Why You Should Hold On to Duke Realty (DRE) Stock Now

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 is a concern.

2 months ago - Zacks Investment Research

Duke Realty Corporation Schedules Second Quarter 2021 Earnings Release and Conference Call

INDIANAPOLIS, July 07, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) today announced that the company will release its second quarter 2021 operating results on Wednesday, July 28th, after...

2 months ago - GlobeNewsWire

Duke Realty (DRE) Inks Lease Deal for Facility Near Tampa

Amid the surging demand for well-located industrial spaces in the Central Florida market, Duke Realty (DRE) secures build-to-suit lease deal with e-commerce company.

2 months ago - Zacks Investment Research

Duke Realty (DRE) Sees Solid Demand, Preleases Building to Joyin

Amid the surging demand for its well-located industrial spaces in the Southern California market, Duke Realty (DRE) preleases entire Rancho Cucamonga Building to Joyin.

3 months ago - Zacks Investment Research

Duke Realty (DRE) Secures Lease at Fairfield Distribution Center

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.

3 months ago - Zacks Investment Research

Why Is Duke Realty (DRE) Up 0.6% Since Last Earnings Report?

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

3 months ago - Zacks Investment Research