Duke Realty Corporation (NYSE:DRE) registered a 2.15% increase, still its new closing price is 36.24% up from the company’s 1 year high of 28.57.It posted -1.94% losses in previous 5 sessions and is now the subject of 10 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 17 stock analysts following this company have an average price target at $28.11, with individual PT in the $25.00-$31.00 range. The shares moved at $24.74, implying that brokerage firms see shares gaining about 27.56% in twelve months time.
Duke Realty Corporation (DRE) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -6.85% fall year to date. A Director at Duke Realty Corporation (DRE) offloaded shares in a transaction closed on Tuesday June 28, 2016. EITEL CHARLES R sold 3,575 shares in the company at $25.94 each and collected $92,001 in proceeds. EITEL CHARLES R now owns 5,180 shares in the company after this transaction. A EVP, Construction in the company, KENNEDY STEVEN R, disclosed a transaction on Thursday June 23, 2016 that ended up generating $677,000 from the sale of 26,649 shares at $25.41 per share.
Duke Realty Corporation (NYSE:DRE) Upcoming Results on Tap
Duke Realty Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.29 in that period. Sales during the quarter are predicted to arrive at $203.47 million.
Earnings surprise history: Last quarter, the company posted approximately $204.26 million in revenue and EPS of $0.31. The mean forecast was for $204.63 million and $0.30 a share, respectively. One quarter earlier, revenue for the stock was at $206.85 million, with earnings at $0.31/share.
Duke Realty Corporation (DRE) Brokerage Update
Duke Realty Corporation (DRE) is in UBS’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by UBS, according to news reported on Friday January 27, 2017.Another important research note was issued by Wells Fargo on Tuesday December 13, 2016.The firm downgraded DRE to Market Perform from Outperform. Over the last six months and over the last three months, the shares of Duke Realty Corporation (DRE), have changed -11.39% and -1.72%, respectively.