Duke Realty Corporation (DRE) Receives Daily Media Impact Score of 0.19
News coverage about Duke Realty Corporation (NYSE:DRE) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Duke Realty Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 47.7917903524953 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Duke Realty (DRE) to Pay Special Dividend on Sale of Assets (finance.yahoo.com)
- DUKE REALTY : PRELEASES NEW 201,207 SF WAREHOUSE IN LYNWOOD (4-traders.com)
- Duke Realty Declares Special Cash Dividend of $0.85 per Share (finance.yahoo.com)
- Duke Realty Corporation (DRE) Declares Special Dividend of $0.85 (americanbankingnews.com)
- Duke Realty declares $0.85 dividend (seekingalpha.com)
Shares of Duke Realty Corporation (DRE) traded down $0.08 during midday trading on Wednesday, hitting $29.22. 1,649,800 shares of the stock were exchanged, compared to its average volume of 2,707,499. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.23 and a current ratio of 3.23. The stock has a market cap of $10,410.00, a P/E ratio of 23.13, a PEG ratio of 5.33 and a beta of 0.91. Duke Realty Corporation has a 12-month low of $23.93 and a 12-month high of $30.14.
Duke Realty Corporation (NYSE:DRE) last announced its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. The firm had revenue of $169.61 million for the quarter, compared to the consensus estimate of $168.75 million. Duke Realty Corporation had a net margin of 178.66% and a return on equity of 6.36%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.31 EPS. equities research analysts forecast that Duke Realty Corporation will post 1.23 EPS for the current fiscal year.
The business also recently declared a special dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.85 per share. This represents a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from Duke Realty Corporation’s previous special dividend of $0.20. Duke Realty Corporation’s dividend payout ratio (DPR) is presently 108.11%.
A number of research firms have weighed in on DRE. BMO Capital Markets began coverage on shares of Duke Realty Corporation in a research note on Monday, September 11th. They set a “market perform” rating and a $30.00 price objective for the company. BidaskClub upgraded shares of Duke Realty Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. Zacks Investment Research lowered shares of Duke Realty Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Robert W. Baird reduced their price objective on shares of Duke Realty Corporation from $32.00 to $31.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. Finally, Stifel Nicolaus restated a “buy” rating and set a $31.00 price objective on shares of Duke Realty Corporation in a research note on Thursday, September 21st. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $29.55.
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Duke Realty Corporation 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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