Duke Realty (NYSE:DRE) Receiving Somewhat Positive News Coverage, Analysis Shows

Media coverage about Duke Realty (NYSE:DRE) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Duke Realty earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 44.9511684573593 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Several equities research analysts have recently issued reports on the company. BMO Capital Markets set a $30.00 target price on Duke Realty and gave the stock a “hold” rating in a report on Wednesday, October 25th. JPMorgan Chase & Co. cut Duke Realty from a “neutral” rating to an “underweight” rating and set a $29.00 target price on the stock. in a report on Friday, December 15th. Zacks Investment Research cut Duke Realty from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Robert W. Baird reduced their target price on Duke Realty from $32.00 to $31.00 and set an “outperform” rating on the stock in a report on Tuesday, October 31st. Finally, Citigroup raised Duke Realty from a “neutral” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Thursday, December 14th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $29.75.

Shares of Duke Realty (NYSE:DRE) traded up $0.09 during midday trading on Tuesday, reaching $25.80. The company’s stock had a trading volume of 2,908,054 shares, compared to its average volume of 2,186,150. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.45. Duke Realty has a 52 week low of $23.93 and a 52 week high of $30.14. The company has a market capitalization of $9,156.38, a PE ratio of 6.19, a P/E/G ratio of 4.68 and a beta of 0.90.

Duke Realty (NYSE:DRE) last issued its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.01. Duke Realty had a return on equity of 6.36% and a net margin of 178.66%. The company had revenue of $169.61 million for the quarter, compared to analysts’ expectations of $168.75 million. During the same period in the previous year, the firm posted $0.31 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. equities analysts predict that Duke Realty will post 1.24 EPS for the current year.

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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.

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