Duke Realty Corp. (DRE) to Release Quarterly Earnings on Thursday
Duke Realty Corp. (NYSE:DRE) will be releasing its Q413 earnings data on Thursday, January 30th. Analysts expect Duke Realty Corp. to post earnings of $0.27 per share and revenue of $220.27 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Duke Realty Corp. (NYSE:DRE) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The company had revenue of $291.69 million for the quarter, compared to the consensus estimate of $236.24 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis. On average, analysts expect Duke Realty Corp. to post $1.08 EPS for the current fiscal year and $1.12 EPS for the next fiscal year.
Shares of Duke Realty Corp. (NYSE:DRE) opened at 14.71 on Wednesday. Duke Realty Corp. has a 52 week low of $14.12 and a 52 week high of $18.80. The stock has a 50-day moving average of $14.85 and a 200-day moving average of $15.55. The company has a market cap of $4.792 billion and a price-to-earnings ratio of 97.52.
A number of analysts have recently weighed in on DRE shares. Analysts at Zacks reiterated a “neutral” rating on shares of Duke Realty Corp. in a research note to investors on Thursday, January 2nd. They now have a $16.00 price target on the stock. On a related note, analysts at BMO Capital Markets upgraded shares of Duke Realty Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $18.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Duke Realty Corp. from $17.00 to $18.00 in a research note to investors on Thursday, October 31st. They now have a “neutral” rating on the stock. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Duke Realty Corp. presently has an average rating of “Hold” and an average price target of $17.44.
Duke Realty Corporation (NYSE:DRE) is a self-administered and self-managed real estate investment trust (REIT).
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