Duke Realty Corporation (DRE) Forecast, Price Target & Analyst Ratings

NYSE:DRE • US2644115055

48.2 USD
+0.23 (+0.48%)
At close: Sep 30, 2022
48.4 USD
+0.2 (+0.41%)
After Hours: 9/30/2022, 8:15:53 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Duke Realty Corporation (DRE).

Forecast Snapshot

Consensus Price Target

Price Target
$65.20
+ 35.26% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateOct 26, 2022
PeriodQ3 / 2022
EPS Estimate$0.22
Revenue Estimate288.442M
 → Full earnings forecast details

ChartMill Buy Consensus

Rating
73.75%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$65.20
Upside
+ 35.26%
From current price of $48.20 to mean target of $65.20, Based on 16 analyst forecasts
Low
$52.52
Median
$66.30
High
$77.70

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

16 Wall Street analysts provided a forecast for the next 12 months for DRE. The average price target is 65.19 USD. This implies a price increase of 35.26% is expected in the next year compared to the current price of 48.2.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

DRE Current Analyst RatingDRE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

DRE Historical Analyst RatingsDRE Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
73.75%
DRE was analyzed by 17 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about DRE.
In the previous month the buy percentage consensus was at a similar level.
DRE was analyzed by 17 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-08-11Wells FargoMaintains Equal-Weight
2022-07-15BairdDowngrade Outperform -> Neutral
2022-06-14Edward JonesDowngrade Buy -> Hold
2022-06-06Wells FargoMaintains Equal-Weight
2022-05-31Truist SecuritiesMaintains Hold
2022-05-17MizuhoMaintains Buy
2022-05-16BMO CapitalUpgrade Market Perform -> Outperform
2022-05-09RBC CapitalMaintains Outperform
2022-05-02BarclaysMaintains Overweight
2022-01-18Truist SecuritiesDowngrade Buy -> Hold
2022-01-10Raymond JamesMaintains Outperform
2022-01-07BMO CapitalDowngrade Outperform -> Market Perform
2021-11-22Morgan StanleyMaintains Equal-Weight
2021-11-19RBC CapitalUpgrade Sector Perform -> Outperform
2021-11-01Raymond JamesMaintains Outperform
2021-09-16Goldman SachsMaintains Neutral
2021-09-01BarclaysInitiate Overweight
2021-08-30Wells FargoMaintains Overweight
2021-08-03RBC CapitalMaintains Sector Perform
2021-07-30Raymond JamesMaintains Outperform
2021-07-15Morgan StanleyMaintains Equal-Weight
2021-07-12Raymond JamesMaintains Outperform
2021-06-07Wells FargoMaintains Overweight
2021-05-20Morgan StanleyMaintains Equal-Weight
2021-04-30Raymond JamesMaintains Outperform

Next Earnings Forecast Details

Next Earnings Details

Release DateOct 26, 2022
PeriodQ3 / 2022
EPS Estimate$0.22
Revenue Estimate288.442M
Revenue Q2Q2.88%
EPS Q2Q-82.91%
Number of Analysts5

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

DRE is expected to report earnings on 10/26/2022. The consensus EPS estimate for the next earnings is 0.22 USD and the consensus revenue estimate is 288.44M USD.
 → Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
DRE revenue by date.DRE revenue by date.
973.8M
2.73%		993.2M
1.99%		1.106B
11.35%		1.147B
3.68%		1.273B
11.02%		1.423B
11.82%		1.57B
10.32%		1.75B
11.42%
EBITDA
YoY % growth
DRE ebitda by date.DRE ebitda by date.
523.7M
9.10%		575.2M
9.83%		652.267M
13.40%		823.477M
26.25%		923.496M
12.15%		1.025B
11.00%		1.132B
10.47%		1.264B
11.58%
EBIT
YoY % growth
DRE ebit by date.DRE ebit by date.
251.3M
12.34%		278M
10.62%		347.332M
24.94%		376.168M
8.30%		434.458M
15.50%		403.222M
-7.19%		415.81M
3.12%		433.079M
4.15%
Operating Margin
DRE operating margin by date.DRE operating margin by date.
25.81%27.99%31.41%32.81%34.13%28.33%26.48%24.75%
EPS
YoY % growth
DRE eps by date.DRE eps by date.
1.17
9.35%		0.79
-32.48%		2.25
184.81%		1.31
-41.87%		0.95
-27.41%		1.05
10.64%		0.95
-9.29%		0.87
-8.39%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth		0.22
-82.91%		0.25
-8.98%		0.20
-68.92%		0.25
-6.48%		0.26
18.18%		0.26
6.85%
Revenue
Q2Q % growth		288.442M
2.88%		297.57M
12.47%		312.426M
12.32%		314.128M
10.11%		325.207M
12.75%		331.952M
11.55%
EBITDA
Q2Q % growth		213.168M
-35.13%		221.986M
-44.45%		214.32M
32.05%		229.523M
-7.94%		239.758M
12.47%		246.875M
11.21%
EBIT
Q2Q % growth		101.46M
3.24%		105.217M
11.17%		94.521M
13.50%		106.303M
16.67%		116.685M
15.01%		122.397M
16.33%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

DRE Yearly Revenue VS EstimatesDRE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B
DRE Yearly EPS VS EstimatesDRE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-22.42%
EPS Next 5 Year
-17.25%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
10.57%
Revenue Next 5 Year
10.69%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Duke Realty Corporation / DRE Forecast FAQ

What do analysts expect the price target to be for Duke Realty Corporation (DRE)?

16 analysts have analysed DRE and the average price target is 65.19 USD. This implies a price increase of 35.26% is expected in the next year compared to the current price of 48.2.


What is the next earnings date for DRE stock?

Duke Realty Corporation (DRE) will report earnings on 2022-10-26, after the market close.


What are the consensus estimates for DRE stock next earnings?

The consensus EPS estimate for the next earnings of Duke Realty Corporation (DRE) is 0.22 USD and the consensus revenue estimate is 288.44M USD.


What is the expected long term growth rate for DRE stock?

The expected long term growth rate for Duke Realty Corporation (DRE) is 10.57%.