Duke Realty Corporation (DRE)

NYSE: DRE · IEX Real-Time Price · USD
57.93
+0.89 (1.56%)
Jul 7, 2022 12:03 PM EDT - Market open
1.56%
Market Cap 22.51B
Revenue (ttm) 1.09B
Net Income (ttm) 1.02B
Shares Out 388.58M
EPS (ttm) 2.69
PE Ratio 21.54
Forward PE 74.63
Dividend $1.10 (1.89%)
Ex-Dividend Date May 13, 2022
Volume 695,732
Open 56.82
Previous Close 57.04
Day's Range 56.82 - 58.16
52-Week Range 47.12 - 66.22
Beta 0.73
Analysts Buy
Price Target 64.85 (+11.9%)
Earnings Date Jul 27, 2022

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. [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Feb 5, 1986
Employees 340
Stock Exchange NYSE
Ticker Symbol DRE
Full Company Profile

Financial Performance

In 2021, Duke Realty's revenue was $1.11 billion, an increase of 11.35% compared to the previous year's $993.20 million. Earnings were $852.90 million, an increase of 184.38%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for DRE stock is "Buy." The 12-month stock price forecast is 64.85, which is an increase of 11.95% from the latest price.

Price Target
$64.85
(11.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

DUKE REALTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy ...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Duke Realty Corpor...

Other symbols: PLD

3 Top Trends to Invest $1,000 in Right Now

These long-term megatrends could drive big-time returns for investors.

Other symbols: NEEPLD

5 Stocks in S&P 500 ETF That Gained Last Week

The S&P 500 wrapped up its worst week since March 2020, tumbling 5.8%. Despite the massive decline, some of the stocks in SPY?

Other symbols: BIIBFDXMNSTSPYVRTX

Prologis to merge with Duke Realty in an all-stock deal

Prolgis Inc (NYSE: PLD) announced that it's entering a definitive merger agreement with Duke Realty worth roughly $26 billion in an all-stock transaction, with the assumption of debt included. Both Prol...

Other symbols: PLD

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Duke Realty Corporation Merger

Wilmington, Delaware--(Newsfile Corp. - June 14, 2022) - Rigrodsky Law, P.A. is investigating Duke Realty Corp. ("Duke") (NYSE: DRE) regarding possible breaches of fiduciary duties and other violations ...

Other symbols: PLD

Prologis Wins Over Duke Realty in $26 Billion REIT Mega Deal

The giant industrial REIT is getting even bigger.

Other symbols: PLD

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Duke Realty Corporation

NEW YORK , June 13, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Duke Realty Corporation (NYSE: DRE) and its board of directors concerning the proposed ac...

Other symbols: PLD

SHAREHOLDER ALERT: Weiss Law Investigates Duke Realty Corporation

NEW YORK , June 13, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Duke Realty Corporation ("Duke Realty" or...

Other symbols: PLD

Prologis in $26 billion deal for Duke Realty as easing storage demand worries rise

(Reuters) -Prologis Inc will acquire Duke Realty Corp in a nearly $26 billion all-stock deal, including debt, the companies said on Monday, as the world's largest warehouse owner seeks to bolster its po...

Other symbols: PLD

Prologis to merge with Duke Realty in $26 billion all-stock deal

Yahoo Finance reports on Prologis acquiring Duke Realty Corporation in an all-stock transaction value of roughly $26 billion.

Other symbols: PLD

Prologis acquiring Duke Realty in $26B transaction

Prologis announced Monday it entered into an agreement to acquire competitor Duke Realty in a $26 billion all-stock transaction. After months of rejecting its offers, Duke Realty (NYSE: DRE) finally cam...

Other symbols: PLD

DRE Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Duke Realty Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Duke Realty Corporation (NYSE: DRE) to Prologis, Inc. for 0.475x of a Prologis share for ea...

Warehouse giant Prologis, a major Amazon landlord, to buy rival Duke Realty in $26 billion deal

Warehouse giant Prologis said Monday that it will acquire its smaller rival Duke Realty in an all-stock deal valued at about $26 billion, including debt.

Other symbols: PLD

Duke Realty stock jumps after Prologis buyout bid implies 12% premium and market cap of $21.4 billion

Shares of Duke Realty Corp. DRE, -3.86% jumped 4.5% in premarket trading Monday, after the owner of rentable industrial assets in logistics markets agreed to be acquired by fellow real estate investment...

Other symbols: PLD

Prologis to Combine with Duke Realty in $26 Billion All-Stock Transaction

Portfolio addition will drive long-term shareholder growth SAN FRANCISCO and INDIANAPOLIS , June 13, 2022 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) and Duke Realty Corporation (NYSE: DRE) today announc...

Other symbols: PLD

Is it Wise to Hold Duke Realty (DRE) Stock in Your Portfolio?

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

Duke Realty Announces Participation in NAREIT's REITweek: 2022 Investor Conference

INDIANAPOLIS, June 06, 2022 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE and the “company”), a leader in sustainable industrial real estate development and the largest domestic-only logistics ...

Duke Realty (DRE) Preleases New Jersey Facility to JD.com

Amid a demand spike for its well-located industrial spaces along the New Jersey Turnpike corridor, Duke Realty (DRE) secures a lease with the global e-commerce giant, JD.com.

Duke Realty stock rallies after it calls Prologis' latest buyout bid 'insufficient'

Shares of Duke Realty Corp. DRE, +8.29% shot up 8.5% in morning trading Wednesday, after the logistics real estate investment trust said the recent buyout proposal from fellow REIT Prologis Inc. PLD, +2...

Other symbols: PLD

Duke Realty Responds to Acquisition Proposal from Prologis, Inc.

INDIANAPOLIS, May 11, 2022 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) (“Duke Realty” or “the Company”), the largest domestic-only logistics REIT, today responded to Prologis, Inc.'s (NYSE: ...

This REIT Behemoth Is Going Hostile to Get Even Bigger

Prologis is making its offer to acquire Duke Realty public.

Other symbols: PLD

Why Duke Realty Stock Rallied as Much as 18% in Early Trading Today

Duke Realty is in play, with giant peer Prologis looking to swallow up one of its most notable competitors.

Prologis offers to buy Duke Realty for $24B

Logistics real estate giant Prologis announced Tuesday a proposal to acquire competitor Duke Realty in an all-stock transaction valued at $24 billion. An offer price of $61.68 per share for Duke Realty ...

Other symbols: PLD

Prologis offers to buy Duke Realty for $61.68 per share

Prologis Inc, a warehouse real estate company, said on Tuesday it had offered to buy Duke Realty Corp for $61.68 per share in an all-stock deal.

Other symbols: PLD

Prologis makes new offer to acquire Duke Realty for $61.68 in an all-stock deal

Prologis Inc. PLD, -6.04% said Tuesday it is proposing to acquire Duke Realty Corp. DRE, -4.12% for $61.68 a share in an all-stock deal. Under the terms of the offer, Duke Realty shareholders would rece...

Other symbols: PLD