|Bid||0.00 x 1100|
|Ask||0.00 x 900|
|Day's range||36.04 - 36.71|
|52-week range||25.19 - 38.88|
|Beta (5Y monthly)||0.64|
|PE ratio (TTM)||32.90|
|Earnings date||29 Jul 2020 - 03 Aug 2020|
|Forward dividend & yield||0.94 (2.59%)|
|Ex-dividend date||13 May 2020|
|1y target est||37.33|
Duke Realty Corporation (DRE), a leading industrial property REIT, announced today the closing of the previously announced cash tender offer (the “Tender Offer”) by Duke Realty Limited Partnership (the “Operating Partnership”), its operating partnership, to purchase any and all of the outstanding 3.875% Senior Notes due 2022 (the “Notes”) issued by the Operating Partnership. The Tender Offer expired at 5:00 p.m., New York City time, on June 26, 2020 (the “Expiration Time”). The complete terms and conditions of the Tender Offer were set forth in an Offer to Purchase, dated June 22, 2020 (the “Offer to Purchase”), and the related Notice of Guaranteed Delivery.
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 $350 million of its 1.750% senior unsecured notes due July 1, 2030. The Operating Partnership intends to use the net proceeds from this offering to repurchase the Company's 3.875% Senior Notes due 2022 pursuant to the previously announced tender offer. Any remaining net proceeds from this offering will be used for general corporate purposes, including to repay borrowings outstanding on our unsecured senior line of credit.
Duke Realty Corporation (DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has commenced a cash tender offer for any and all of its outstanding $300,000,000 aggregate principal amount of 3.875% Senior Notes due 2022 (CUSIP No. 26441YAW7) (the “Notes”), on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof (the “Offer to Purchase”), and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the “Notice of Guaranteed Delivery”). The tender offer is referred to herein as the “Offer.” The tender offer consideration for each $1,000 principal amount of the Notes purchased pursuant to the Offer will be $1,065.00 (the “Tender Offer Consideration”).
Duke Realty's (DRE) receipt of LEED certification further enhances its position as an ecologically-responsible logistics player in the industry.
INDIANAPOLIS, June 10, 2020 -- Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United.
Duke Realty (DRE) announces that bulk of rent deferral requests have been denied, while total amount of deferrals granted denotes less than 1% of annual revenues.
The company also disclosed leasing activity for April and May totaling 4.5 million square feet. This includes 847,000 square feet of leases signed in the company’s speculative development pipeline, bringing the pre-leasing level in the development pipeline to sixty-eight percent, up from sixty-one percent at March 31, 2020.
Duke Realty (DRE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
With sizable e-commerce based tenants, Duke Realty (DRE) will likely benefit from rapid e-commerce adoption. Yet, rent relief and deferrals for tenants hit by the pandemic are concerning.
Duke Realty (DRE) is developing Central Logistics Park 100.The facility will serve as Max Finkelstein's hub of distribution center network, owing to its proximity to the key interstate highways.
Thank you for standing by, and welcome to the Duke Realty First Quarter Earnings Conference Call. At this time, it's my pleasure to turn the conference over to our host, Vice President, Investor Relations, Mr. Ron Hubbard. Joining me today are Jim Connor, Chairman and CEO; Mark Denien Chief Financial Officer; Steve Schnur, Chief Operating Officer; Nick Anthony, our Chief Investment Officer; and Mark Milnamow, Chief Accounting Officer.
No Significant Debt Maturities until 2022 due to Significant Refinancing Transactions $117 Million in Fully Leased Development Starts 32.7 Percent Growth in Net Effective.
Most readers would already be aware that Duke Realty's (NYSE:DRE) stock increased significantly by 6.9% over the past...
Duke Realty Corporation (DRE), a leading logistics property real estate investment trust (REIT), announced today that the company will release its first quarter 2020 operating results on Wednesday, April 29th, after the market close. The company will host its quarterly earnings conference call on Thursday, April 30th, at 3:00 p.m. Eastern Time. 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 (DRE), a leading logistics property real estate investment trust (REIT), announced today that, due to the emerging public health impact of the COVID-19 (coronavirus) pandemic, and to support the health of the company’s shareholders, associates, and community, the company is changing its 2020 Annual Meeting of Shareholders (the “Annual Meeting”) to be a virtual-only meeting. As described in the company’s proxy statement for the Annual Meeting, dated March 11, 2020 (the “Proxy Statement”), and other proxy materials that were previously distributed, shareholders are entitled to notice of, and to vote at, the Annual Meeting if you were shareholders of record as of the close of business on February 20, 2020, the record date.
Jim Connor has been the CEO of Duke Realty Corporation (NYSE:DRE) since 2016. This report will, first, examine the CEO...
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.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
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.
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?
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.
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.