DRE - Duke Realty Corporation
| Previous Close | 37.94 |
| Open | 38.06 |
| Bid | 32.69 x 2900 |
| Ask | 38.43 x 900 |
| Day's Range | 37.88 - 38.49 |
| 52 Week Range | 29.12 - 38.49 |
| Volume | 1,532,550 |
| Avg. Volume | 2,148,381 |
| Market Cap | 14.144B |
| Beta (5Y Monthly) | 0.76 |
| PE Ratio (TTM) | 32.67 |
| EPS (TTM) | 1.18 |
| Earnings Date | Apr 21, 2020 - Apr 26, 2020 |
| Forward Dividend & Yield | 0.94 (2.48%) |
| Ex-Dividend Date | Feb 12, 2020 |
| 1y Target Est | 38.04 |
- GlobeNewswire
Duke Realty Announces Pricing Terms for $325 Million Senior Unsecured Notes Offering
Duke Realty Corporation (DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has priced an underwritten public offering of $325 million of its 3.05% senior unsecured notes due March 1, 2050. The company intends to use the net proceeds from this offering to fund the redemption of its 4.375% Senior Notes due 2022 and use any remaining net proceeds for general corporate purposes.
- American City Business Journals
Same guy, new era: Real estate chief returns to run Nashville operations
Palmquist is re-entering a market that looks notably different from the last time he was here. His company, too, has a different presence than his past stint.
- Simply Wall St.
If You Had Bought Duke Realty (NYSE:DRE) Shares Five Years Ago You'd Have Made 70%
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
- Thomson Reuters StreetEvents
Edited Transcript of DRE earnings conference call or presentation 30-Jan-20 8:00pm GMT
Q4 2019 Duke Realty Corp Earnings Call
- GlobeNewswire
Tamara Fischer, President and Chief Executive Officer of National Storage Affiliates Trust, Joins Duke Realty’s Board of Directors
Duke Realty Corporation (DRE), the largest domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces that Tamara D. Fischer, President and Chief Executive Officer of National Storage Affiliates Trust (NSA) and a member of the NSA Board of Trustees, has been named to Duke Realty’s Board of Directors. NSA is one of the largest owners and operators of self-storage properties among public and private companies in the United States.
- Zacks
Duke Realty's (DRE) Q4 FFO Meets, Revenues Beat Estimates
Duke Realty's (DRE) Q4 results highlight overall improved operations, increased investments in building projects and strong rent growth.
- Zacks
Duke Realty (DRE) Q4 FFO Meet Estimates
Duke Realty (DRE) delivered FFO and revenue surprises of 0.00% and 0.37%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Duke Realty Reports Fourth Quarter and Full Year 2019 Results
32.1 Percent Growth in Rents on Fourth Quarter Leasing Activity Significant Lease-Up of Speculative Projects Development Pipeline Exceeding $1 Billion and 56 Percent.
- Investopedia
Top Real Estate Stocks for February 2020
These are the real estate stocks with the best value, fastest growth, and most momentum for February.
- Zacks
REITs to Watch for Q4 Earnings on Jan 29: ESS, MAA & DRE
REITs are anticipated to have gained from resilient economic activity, healthy job-market environment and low interest rates in Q4, while rising supply might have curtailed any robust growth.
- Zacks
What's in the Offing for Duke Realty's (DRE) Q4 Earnings?
Relentless supply of industrial and distribution facilities is expected to have hampered Duke Realty's (DRE) Q4 performance.
- Zacks
SL Green (SLG) Q4 FFO & Revenues Top Estimates, Occupancy Up
Solid leasing activity and same-store cash net operating income growth in SL Green Realty's (SLG) Manhattan portfolio fuel the company's Q4 performance.
- Zacks
Prologis' (PLD) Q4 FFO Meets Estimates, Revenues Up Y/Y
Prologis (PLD) puts up a decent show in Q4 backed by healthy leasing activity and growth in cash same-store net operating income.
- GlobeNewswire
Duke Realty Corporation (NYSE: DRE) Announces the Income Tax Characteristics of its 2019 Common Share Dividends
INDIANAPOLIS, Jan. 20, 2020 -- Duke Realty Corporation (NYSE: DRE) announces the income tax characteristics of its 2019 common share dividends. Shareholders are encouraged to.
- Zacks
Rayonier's (RYN) Pope Resources Buyout Deal Valued at $554M
Rayonier's (RYN) latest deal to acquire Pope Resources (POPE) comes as part of its strategy of adding high-quality timberlands in strong log markets.
- Zacks
Equinix & Telstra Expand Multicloud Network Partnership
Equinix (EQIX) boosts global inter-connection footprint by strengthening integration of ECX Fabric and Telstra's Programmable Network, offering customers faster connectivity to cloud providers.
- Moody's
Duke Realty Limited Partnership -- Moody's affirms Duke Realty's rating at Baa1; stable outlook
Moody's Investors Service ("Moody's") today affirmed the senior unsecured ratings of Duke Realty Limited Partnership ("Duke Realty") at Baa1. The affirmation reflects Duke Realty's high quality and well-occupied industrial portfolio, conservative leverage and solid liquidity profile.
- Zacks
Equinix to Fortify Hybrid Multicloud Efforts With Packet Buyout
Equinix's (EQIX) buyout of bare metal automation vendor, Packet, will add crucial new on-demand deployment alternatives to its flagship platform and boost the delivery of enhanced edge services.
- Zacks
Healthpeak (PEAK) Leases Phase II at The Shore at Sierra Point
Healthpeak's (PEAK) lease with Janssen BioPharma at The Shore at Sierra Point reflects solid demand for space at this centrally-located property in the large life-science cluster.
- GlobeNewswire
Duke Realty Announces Corporate Responsibility Leadership
Duke Realty Corporation (DRE), the largest domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, has announced that Megan Basore, a 12-year associate with the company, has been promoted to Vice President of Corporate Responsibility and will lead its environmental, social and governance initiatives. In addition, Saundra Gilbert, Duke Realty’s Brand Manager for the past eight years, will now dedicate a significant portion of her time to work alongside Basore and support the company’s ESG strategies.
- Zacks
Gladstone Buys Industrial Asset, Grows Indianapolis Portfolio
Gladstone's (GOOD) latest buyout in Indianapolis is in line with efforts to boost the company's share to premium industrial buildings in key markets and improve tenant roster with credit-worthy ones.
- InvestorPlace
7 Inflation-Beating REITs to Ground Your Income Portfolio
It has certainly been a long bull market. And growth stocks have led the charge.But in all this passion for growth, don't forget that income is an important part of your portfolio as well. It is a great asset when growth slows.And, while 2019 was a big year for stocks, remember that the trouncing the market took in the fourth quarter of 2018 made that possible. Last year's performance in many stocks doesn't look as impressive if you include that quarterly performance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's why at Growth Investor we know it's important to have some stocks that will deliver solid returns and deliver a good, inflation-beating (and sometimes inflation-trouncing) dividend as well. You can take the cash, reinvest it, or let it pile up to buy other investments.Whatever you choose to do, it's smart to have some income in your portfolio.Below are seven high-yield real estate investment trusts (REITs) to ground your income portfolio. Low rates and strong lenders make this a great sector to start your income stock collection. REITs to Buy: Store Capital (STOR)Source: Shutterstock Dividend Yield: 3.8%Store Capital (NYSE:STOR) is actually an acronym for what the REIT specializes in -- single-tenant operational real estate.That means it focuses on maximizing the value of companies that run businesses like chain restaurants, health clubs, supermarkets, distribution facilities and retail.Mind you, it doesn't build or manage shopping malls. Just standalone stores.It's also a sale-leaseback structure, which means the companies sell the property to STOR and then lease it back so they can take advantage of the depreciation of the property.The idea has worked so well that Warren Buffett invested $377 million in the company back in 2017. That's nearly 10% of outstanding stock.The stock is up more than 25% in the past year and still delivers a very respectable 3.8% dividend. First Industrial Realty Trust (FR)Source: Shutterstock Dividend Yield: 2.2%First Industrial Realty Trust (NYSE:FR) focuses solely on industrial real estate, like warehouses and light industrial properties.In the age of e-commerce, this is a very important sector. And with a $5 billion market capitalization, FR is a good-sized player.As we have seen with Amazon (NASDAQ: AMZN) cutting ties with FedEx (NYSE:FDX), logistics is a very competitive industry at this point. And getting warehouses as close to customers' homes as possible means better possibilities for next-day and even same-day delivery.And that concept goes up the chain. Having products close to distribution centers is crucial. So, instead of stores popping up, it's warehouses and distribution hubs. It's the kind of business model that earns stocks a high grade in my stock-picking system.The stock is up 40% in the last 12 months, which has brought down the dividend to about 2.2%. But it's still trading at a trailing price-to-earnings ratio of 27, so there's still some value there. Prologis (PLD)Source: rafapress / Shutterstock.com Dividend Yield: 2.4%Prologis (NYSE:PLD) is the stock you want if you're a true believer in the world of e-commerce. It's the largest industrial real estate company in the world.It has facilities all around the world. And by its $56 billion market cap, you can be sure it's a major player in this sector.What's more, now that the U.S. and China have sheathed their trade war swords for the moment, it allows the global economy some breathing space, not only on the retail level but also on the global business side as well.While 2020 may not be a massive year like 2019 was for U.S. stocks, the global market should fare better than it did last year. And PLD will benefit from that.The stock is up more than 45% in the past year, but that has dropped its dividend yield down to around 2.4%. That still beats inflation and gives you some solid growth to boot. Duke Realty (DRE)Source: Shutterstock Dividend Yield: 2.7%Duke Realty (NYSE:DRE) has been around since 1972, and has about 155 million square feet of industrial rental space in 20 key logistical markets in the U.S.It has warehouse properties in many of the major U.S. ports, which provides for solid, regular business. And because of its longevity, it has snapped up some of the best locations for its properties, giving it the ability to keep its properties busy, regardless of the economic cycles.As I always say in Growth Investor, the United States is the oasis around the world, so many of the best investments are here. Plus, since it has properties all across the U.S., it can avoid any regional downturns. And to further insulate it from market cycles, it also owns and manages medical office properties, which is another key growth area.It has a $13 billion market cap, so it's big, but not massive. And it has been in the business for a long time, so it knows what it's doing -- and is doing it well.The stock is up 30% in the last 12 months, and it delivers a respectable 2.7% dividend. Armada Hoffler Properties (AHH)Source: Shutterstock Dividend Yield: 4.6%Armada Hoffler Properties (NYSE:AHH) is a geographically focused REIT, with a variety of properties in the Mid-Atlantic region of the U.S.Currently it has over 50 properties, with 36 of them in Virginia. Remember, Virginia has two significant population centers. It surrounds Washington, DC -- which includes the Pentagon as well as Amazon's new HQ2 -- and even more densely populated is the Tidewater area, where there is one of the biggest naval shipyards in the world as well as significant military bases.Both these areas are booming. And AHH's mix of properties -- from multi-family housing to office buildings to student housing -- allow it to take advantage of the growth in these states.And since it's focused and has been around for more than 40 years, it knows its region very well, which helps when it comes to selling properties and buying new ones.Up 23% in the last 12 months, it delivers a lush 4.6% dividend. Arbor Realty Trust (ABR)Source: Pavel Kapysh / Shutterstock.com Dividend Yield: 7.9%Arbor Realty Trust (NYSE:ABR) has been one of my favorite REITs for a long time.It's not that big -- about $1.6 billion in market cap -- but it has a relatively new model that has been working well over the years.It doesn't own properties. It originates the financing on properties. And it focuses on some of the best sectors in the markets today -- healthcare, senior housing, multi-family housing and other commercial properties.By not taking ownership of the properties, its only risk is making sure the organizations it helps develop are reliable and the business looks sustainable.Having been around since 2003, it means the company survived the 2008 real estate market implosion. That's a good sign it knows what it's doing moving forward.The stock is up 29% in the past year and it delivers a whopping 7.9% dividend, yet it trades with a trailing P/E of 10. Between its growth and income prospects, ABR is a top candidate for my Money Magnets strategy. PennyMac Mortgage Investment Trust (PMT)Source: Shutterstock Dividend Yield: 8.3%PennyMac Mortgage Investment Trust (NYSE:PMT) is similar to ABR in the sense that it focuses on the origination of loans and not the ownership of property outright.The difference is, PMT focuses on the residential market. It does mortgages and mortgage-related loans (like refinancing and home equity lines).Now that rates will remain low and the economy is showing some stability, this is a good time for the housing market. Plus, as Gen Xers start to pay off their student debt and begin to start families, they'll be a driving force in the housing market in coming years.The stock is up 17% in the past year and has a very rich 8.3% dividend yield. But PMT stock has a trailing P/E of just 9. Even if the markets just edge higher slowly, this is a lot better than sticking extra cash in a CD. 'Money Magnets': The Best Dividend Growth Stocks AroundWhatever your portfolio size and goals, you'll also want to look at the group of stocks I've nicknamed the Money Magnets.Not only did these stocks earn an "A" in my Portfolio Grader, thanks to strong buying pressure and great fundamentals …The stocks also earn an "A" in my Dividend Grader. These stocks are able to pay great yields -- and have the strong business model to back it up.All in all, I've got 28 strong dividend growth stocks for you now in Growth Investor -- averaging 4% yields -- far more than the S&P 500 or even a Treasury bond. These stocks are poised to do well as we continue to see international capital flow to the U.S. markets. Click here to see how I found these stocks, and how you can get great performance out of YOUR portfolio -- come what may.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 15 Stocks to Buy in 2020 * The 7 Most Important Companies That Didn't Survive the 2010s * 4 Mega-Tech Stocks Reaching for the Sky The post 7 Inflation-Beating REITs to Ground Your Income Portfolio appeared first on InvestorPlace.
- GlobeNewswire
Duke Realty Corporation Schedules Fourth Quarter 2019 Earnings Release and Conference Call
Duke Realty Corporation (DRE) today announced that the company will release its fourth quarter 2019 operating results on Wednesday, January 29th, after the market close. The public may access the conference call through a live audio webcast available on the investor relations section of Duke Realty’s website at www.dukerealty.com. Duke Realty Corporation owns and operates approximately 155 million rentable square feet of industrial assets in 20 key U.S. logistics markets.
