Duke Realty Corp (DRE) to Release Quarterly Earnings on Wednesday
Duke Realty Corp (NYSE:DRE) will be issuing its Q214 quarterly earnings data on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $235.85 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Duke Realty Corp (NYSE:DRE) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.28 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.28. On average, analysts expect Duke Realty Corp to post $1.17 EPS for the current fiscal year and $1.23 EPS for the next fiscal year.
Shares of Duke Realty Corp (NYSE:DRE) traded down 0.08% during mid-day trading on Tuesday, hitting $18.155. 686,335 shares of the company’s stock traded hands. Duke Realty Corp has a one year low of $14.12 and a one year high of $18.42. The stock has a 50-day moving average of $18.0 and a 200-day moving average of $16.99. The company has a market cap of $5.982 billion and a price-to-earnings ratio of 41.87.
A number of research firms have recently commented on DRE. Analysts at Bank of America upgraded shares of Duke Realty Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $18.25 price target on the stock. On the ratings front, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Duke Realty Corp in a research note on Thursday, June 19th. They now have a $18.50 price target on the stock, up previously from $17.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Duke Realty Corp in a research note on Friday, June 13th. They now have a $19.00 price target on the stock. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Duke Realty Corp has an average rating of “Hold” and an average target price of $18.52.
Duke Realty Corporation (NYSE:DRE) is a self-administered and self-managed real estate investment trust (REIT).
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