Duke Realty (NYSE:DRE) will post its quarterly earnings results after the market closes on Tuesday, January 23rd. Analysts expect Duke Realty to post earnings of $0.07 per share for the quarter. Duke Realty has set its FY17 guidance at $1.21-1.25 EPS.

Duke Realty (NYSE:DRE) last posted its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. Duke Realty had a net margin of 178.66% and a return on equity of 6.36%. The company had revenue of $169.61 million for the quarter, compared to analyst estimates of $168.75 million. During the same period in the prior year, the company earned $0.31 earnings per share. The firm’s revenue was up 4.5% on a year-over-year basis. On average, analysts expect Duke Realty to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Duke Realty (NYSE DRE) opened at $25.71 on Tuesday. Duke Realty has a 1-year low of $23.93 and a 1-year high of $30.14. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.23 and a quick ratio of 3.23. The company has a market cap of $9,156.38, a price-to-earnings ratio of 6.17, a price-to-earnings-growth ratio of 4.68 and a beta of 0.90.

Several research firms have recently issued reports on DRE. Zacks Investment Research lowered shares of Duke Realty from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Royal Bank of Canada reissued a “sector perform” rating and set a $31.00 target price (up from $29.00) on shares of Duke Realty in a research note on Wednesday, January 3rd. JPMorgan Chase & Co. lowered shares of Duke Realty from a “neutral” rating to an “underweight” rating and set a $29.00 target price on the stock. in a research note on Friday, December 15th. Morgan Stanley reissued an “overweight” rating and set a $31.00 target price on shares of Duke Realty in a research note on Thursday, December 14th. Finally, Citigroup raised shares of Duke Realty from a “neutral” rating to a “buy” rating and set a $32.00 target price on the stock in a research note on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $29.75.

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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.

Earnings History for Duke Realty (NYSE:DRE)

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