Somewhat Favorable News Coverage Somewhat Unlikely to Impact Duke Realty (DRE) Share Price

Press coverage about Duke Realty (NYSE:DRE) has trended somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Duke Realty earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 44.9735533162543 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Duke Realty (NYSE:DRE) traded up $0.08 during trading on Friday, reaching $25.71. 2,352,922 shares of the company’s stock traded hands, compared to its average volume of 2,007,030. The firm has a market cap of $9,127.89, a PE ratio of 6.17, a price-to-earnings-growth ratio of 4.66 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.23 and a current ratio of 3.23. Duke Realty has a 52-week low of $23.93 and a 52-week high of $30.14.

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

DRE has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $31.00 price objective on shares of Duke Realty in a report on Thursday, December 14th. JPMorgan Chase & Co. cut shares of Duke Realty from a “neutral” rating to an “underweight” rating and set a $29.00 price objective on the stock. in a report on Friday, December 15th. Zacks Investment Research cut shares of Duke Realty from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Citigroup raised shares of Duke Realty from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Thursday, December 14th. Finally, Robert W. Baird lowered their target price on shares of Duke Realty from $32.00 to $31.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 31st. 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 stock has a consensus rating of “Hold” and an average target price of $29.75.

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About Duke Realty

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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