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Duke Realty Corporation (NYSE:DRE): An Opportunity for Fundamental Investors?

Duke Realty Corporation (NYSE:DRE) has a beta of 0.54, a 12-month trailing P/E ratio of 49.53, and a growth ratio of 8.26. The stock’s Relative Strength Index (RSI) is 51.23, with weekly volatility at 1.82% and ATR at 0.74. The DRE stock’s 52-week price range has touched low of $34.01 and a $49.72 high. Its shares traded lower over the last trading session, losing -2.48% on 06/18/21. The shares fell to a low of $47.57 before closing at $47.60. Intraday shares traded counted 4.0 million, which was -109.32% lower than its 30-day average trading volume of 1.91M. DRE’s previous close was $48.81 while the outstanding shares total 374.98M.

Investors have identified the REIT – Industrial company Duke Realty Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.30 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Duke Realty Corporation (DRE) Fundamentals that are to be considered.

DRE were able to record -39.7 million as free cash flow during the 07/28/2021 quarter of the year, this saw their quarterly net cash flow reduce by -45.01 million. In cash movements, the company had a total of 150.14 million as operating cash flow.

Potential earnings growth for Duke Realty Corporation (DRE)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/28/2021 quarter of the year, Duke Realty Corporation recorded a total of 289.29 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 21.75% coming in sequential stages and their sales for the 07/28/2021 quarter increasing by 7.95%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 181.79 million trying to sell their products during the last quarter, with the result yielding a gross income of 107.5 million. This allows shareholders to hold on to 374.98M with the recently reported earning now reading 0.21 cents per share. This is a figure that compared to analyst’s prediction for their 07/28/2021 (0.39 cents a share).

Having a look at the company’s valuation, the company is expected to record 1.81 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DRE sounds very interesting.

Is the stock of DRE attractive?

In related news, EVP & CFO, Denien Mark A sold 46,000 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 46.43, for a total value of 2,135,780. As the sale deal closes, the EVP,General Counsel & Corp Sec, Dee Ann C. now sold 9,056 shares of the company’s stock, valued at 385,695. Also, EVP, Chief Investment Officer, Anthony Nicholas C. sold 34,680 shares of the company’s stock in a deal that was recorded on Mar 29. The shares were price at an average price of 42.74 per share, with a total market value of 1,482,223. Following this completion of acquisition, the President and CEO, Connor James B. now holds 20,000 shares of the company’s stock, valued at 821,200. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.

9 out of 17 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Duke Realty Corporation. 0 analysts has assigned a Sell rating on the DRE stock. The 12-month mean consensus price target for the company’s shares has been set at $50.14.

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