Mizuho raised the price target for the Duke Realty Corporation (NYSE:DRE) stock to “a Buy”. The rating was released on July 14, 2021. The research report from BMO Capital Markets has upgraded the stock from Market Perform to Outperform, with a price target set at $47. The stock was initiated by UBS, who disclosed in a research note on October 16, 2020, to Buy and set the price objective to $48. In their research brief published September 29, 2020, Goldman analysts resumed the Duke Realty Corporation stock to Neutral with a price target of $40.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Duke Realty Corporation (NYSE:DRE) raised 1.25% to close Thursday’s market session at $50.09, higher as compared to yesterday’s close. The stock price fluctuated between $49.40 and $50.34 throughout the trading session with the volume trading being 1866220 shares, which represented a significant variation when compared to the three months average volume of 1.58 million shares. The firm’s stock price fluctuated -1.03% within the last five trades and -1.82% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 27.62% in the last 6 months and 8.58% was added to its value over the previous 3 months. DRE stock is trading at a margin of -1.15%, 0.55% and 14.17% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, DRE deals in the Real Estate domain. The stock is trading -3.07 percent below its 52-week high and 41.62 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 32.18. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Duke Realty Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 54.40 percent and the profit margin is 45.40 percent, and the company has reported a gross margin of 68.60 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $18.87 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Duke Realty Corporation (NYSE:DRE) is 37.98. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 57.38. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 17.33 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 3.47, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Denien Mark A, the EVP & CFO at Duke Realty Corporation (DRE) has sold 46,000 shares of firm on May 03 at a price of $46.43 against the total amount of $2.14 million. In another inside trade, Dee Ann C., EVP,General Counsel & Corp Sec of Duke Realty Corporation (NYSE:DRE) sold 9,056 shares of the firm on Mar 30 for a total worth of $0.39 million at a price of $42.59. An inside trade which took place on Mar 29, EVP, Chief Investment Officer of Duke Realty Corporation Anthony Nicholas C. sold 34,680 shares of firm against total price of $1.48 million at the cost of $42.74 per share.