News stories about Duke Realty (NYSE:DRE) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Duke Realty earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 44.8265572634341 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
DRE has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Duke Realty from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Stifel Nicolaus reaffirmed a “buy” rating and set a $31.00 target price on shares of Duke Realty in a research report on Thursday, September 21st. Robert W. Baird cut their target price on Duke Realty from $32.00 to $31.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 31st. Citigroup raised Duke Realty from a “neutral” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Thursday, December 14th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $31.00 target price (up from $29.00) on shares of Duke Realty in a research report on Wednesday, January 3rd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $29.75.
Shares of Duke Realty (NYSE:DRE) traded up $0.08 during mid-day trading on Friday, hitting $25.71. The stock had a trading volume of 2,352,922 shares, compared to its average volume of 2,119,578. Duke Realty has a twelve month low of $23.93 and a twelve month high of $30.14. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $9,210.00, a P/E ratio of 34.74, a price-to-earnings-growth ratio of 4.80 and a beta of 0.90.
Duke Realty (NYSE:DRE) last issued its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. Duke Realty had a return on equity of 6.36% and a net margin of 178.66%. The business had revenue of $169.61 million for the quarter, compared to the consensus estimate of $168.75 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. Duke Realty’s revenue for the quarter was up 4.5% compared to the same quarter last year. analysts anticipate that Duke Realty will post 1.24 EPS for the current fiscal year.
WARNING: This news story was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://ledgergazette.com/2018/01/13/duke-realty-dre-given-daily-news-impact-rating-of-0-22.html.
Duke Realty Company Profile
Duke Realty Corporation is a self-managed real estate investment trust (REIT). The Company and Duke Realty Limited Partnership collectively specialize in the ownership, management and development of bulk distribution (industrial) and medical office real estate. It operates through three segments, the first two of which consist of the ownership and rental of industrial and medical office real estate investments.
Receive News & Ratings for Duke Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duke Realty and related companies with MarketBeat.com's FREE daily email newsletter.