News stories about Duke Realty Corporation (NYSE:DRE) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Duke Realty Corporation earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 47.3356448192667 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Duke Realty Corporation (NYSE DRE) traded up 0.14% during mid-day trading on Wednesday, reaching $28.90. 1,864,570 shares of the company traded hands. The firm has a market capitalization of $10.28 billion, a price-to-earnings ratio of 7.12 and a beta of 0.94. Duke Realty Corporation has a 52 week low of $22.97 and a 52 week high of $29.25. The firm has a 50-day moving average price of $28.22 and a 200 day moving average price of $27.29.

Duke Realty Corporation (NYSE:DRE) last posted its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The firm had revenue of $165.84 million during the quarter, compared to analyst estimates of $185.25 million. Duke Realty Corporation had a net margin of 166.06% and a return on equity of 8.72%. During the same period in the previous year, the firm earned $0.30 EPS. On average, analysts anticipate that Duke Realty Corporation will post $3.69 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Wednesday, August 16th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.63%. The ex-dividend date is Monday, August 14th. Duke Realty Corporation’s dividend payout ratio (DPR) is 18.86%.

Several research analysts have recently weighed in on the stock. BidaskClub raised shares of Duke Realty Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Royal Bank Of Canada reissued a “buy” rating and set a $30.00 price objective on shares of Duke Realty Corporation in a report on Wednesday, June 7th. Stifel Nicolaus boosted their price objective on shares of Duke Realty Corporation from $28.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, June 14th. Bank of America Corporation cut shares of Duke Realty Corporation from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $32.00 to $30.00 in a report on Friday, June 23rd. Finally, Barclays PLC decreased their price objective on shares of Duke Realty Corporation from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $28.73.

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In other news, EVP Peter D. Harrington sold 30,000 shares of Duke Realty Corporation stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $28.87, for a total transaction of $866,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is owned by insiders.

About Duke Realty Corporation

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.

Insider Buying and Selling by Quarter for Duke Realty Corporation (NYSE:DRE)

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