Duke Realty Corporation Common (NYSE:DRE).
Equity analyst BTIG Research began coverage of DRE by announcing an initial rating of “Neutral”. July 28 investment analysts at Oppenheimer made no change to the stock rating of “Outperform” and raised the price expectation to $31.00 from $19.00.
On July 19 Barclays maintained a company rating of “Equalweight” and raised the price target from $23.00 to $27.00. July 7 investment analysts at Citigroup left the company rating at “Neutral” but raised the price expectation from $21.00 to $27.00.
On February 4 Barclays kept the stock rating at “Equalweight” but moved up the price target to $23.00 from $22.00.
The company is down since yesterday’s close of $27.73. Additionally the company declared a dividend for shareholders paid on Wednesday the 31st of August 2016. The dividend payment was $0.180 per share for the quarter or $0.72 annualized. This dividend amount represented a yeild of $2.62. The ex-dividend date was set for Friday the 12th of August 2016.
It is trading at $27.42 a bit lower than the 50 day moving average which is $27.68 and which is slightly above the 200 day moving average of $25.18. The 50 day moving average went down by -0.94% whereas the 200 day moving average was up $2.24 or +8.89%.
The company currently has a P/E ratio of 37.93 and the market cap of the company is 9.62B. In the last earnings report the EPS was $0.72 and is projected to be $1.19 for the current year with 350,757,000 shares currently outstanding. Next quarter’s EPS is expected be $0.30 and the next full year EPS is anticipated to be $1.26.