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17.7 (1y: +29%)
Market Cap 5.76 B P/E(ttm)
Enterprise Value 10.3 B P/B 2.20
DRE- NYSE (USA)
Duke Realty Corp
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$17.70
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.008
DRE's Cash to Debt is ranked lower than
330033% of the 303 Companies
in the Global REIT - Office industry.

( Industry Median: 0.06 vs. DRE: 0.008 )
DRE' s 10-Year Cash to Debt Range
Min: 0   Max: 0.06
Current: 0.01
0
0.06
Equity to Asset 0.343
DRE's Equity to Asset is ranked lower than
305810% of the 327 Companies
in the Global REIT - Office industry.

( Industry Median: 0.48 vs. DRE: 0.343 )
DRE' s 10-Year Equity to Asset Range
Min: 0.34   Max: 0.52
Current: 0.34
0.34
0.52
Interest Coverage 0.7
DRE's Interest Coverage is ranked lower than
352112% of the 284 Companies
in the Global REIT - Office industry.

( Industry Median: 2.30 vs. DRE: 0.7 )
DRE' s 10-Year Interest Coverage Range
Min: 1   Max: 3
Current: 0.7
1
3
F-Score: 5
Z-Score: 0.44
M-Score: -2.67
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 14.50
DRE's Operating margin (%) is ranked lower than
333333% of the 300 Companies
in the Global REIT - Office industry.

( Industry Median: 38.40 vs. DRE: 14.50 )
DRE' s 10-Year Operating margin (%) Range
Min: -6.2   Max: 35.7
Current: 14.5
-6.2
35.7
Net-margin (%) -6.7
DRE's Net-margin (%) is ranked lower than
367647% of the 272 Companies
in the Global REIT - Office industry.

( Industry Median: 42.30 vs. DRE: -6.7 )
DRE' s 10-Year Net-margin (%) Range
Min: -19.4   Max: 45.1
Current: -6.7
-19.4
45.1
ROE (%) -2.9
DRE's ROE (%) is ranked lower than
374531% of the 267 Companies
in the Global REIT - Office industry.

( Industry Median: 7.80 vs. DRE: -2.9 )
DRE' s 10-Year ROE (%) Range
Min: -8.9   Max: 14.5
Current: -2.9
-8.9
14.5
ROA (%) -1
DRE's ROA (%) is ranked lower than
373134% of the 268 Companies
in the Global REIT - Office industry.

( Industry Median: 3.80 vs. DRE: -1 )
DRE' s 10-Year ROA (%) Range
Min: -3.6   Max: 6.3
Current: -1
-3.6
6.3
ROC (Joel Greenblatt) (%) 2.50
DRE's ROC (Joel Greenblatt) (%) is ranked lower than
469483% of the 213 Companies
in the Global REIT - Office industry.

( Industry Median: 4.40 vs. DRE: 2.50 )
DRE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1.5   Max: 5.5
Current: 2.5
-1.5
5.5
Revenue Growth (%) -11.3
DRE's Revenue Growth (%) is ranked lower than
1282050% of the 78 Companies
in the Global REIT - Office industry.

( Industry Median: 3.30 vs. DRE: -11.3 )
DRE' s 10-Year Revenue Growth (%) Range
Min: -11.3   Max: 6.1
Current: -11.3
-11.3
6.1
EBITDA Growth (%) 12.7
DRE's EBITDA Growth (%) is ranked lower than
1086955% of the 92 Companies
in the Global REIT - Office industry.

( Industry Median: 8.30 vs. DRE: 12.7 )
DRE' s 10-Year EBITDA Growth (%) Range
Min: -27.6   Max: 12.7
Current: 12.7
-27.6
12.7
EPS Growth (%) -26.8
DRE's EPS Growth (%) is ranked lower than
1265822% of the 79 Companies
in the Global REIT - Office industry.

( Industry Median: 24.80 vs. DRE: -26.8 )
DRE' s 10-Year EPS Growth (%) Range
Min: -35.3   Max: 16.2
Current: -26.8
-35.3
16.2
ยป DRE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

DRE Guru Trades in Q2 2012

Jim Simons 392,700 sh (+19%)
Pioneer Investments 1,506,150 sh (+2.16%)
David Dreman 1,943,111 sh (-0.24%)
Richard Snow 12,991 sh (-28.17%)
» More
Q3 2012

DRE Guru Trades in Q3 2012

Steven Cohen 168,248 sh (New)
Jim Simons 1,666,200 sh (+324.29%)
Pioneer Investments 2,116,770 sh (+40.54%)
Richard Snow 12,991 sh (unchged)
David Dreman 1,876,620 sh (-3.42%)
» More
Q4 2012

DRE Guru Trades in Q4 2012

Richard Snow Sold Out
Steven Cohen Sold Out
David Dreman 1,836,452 sh (-2.14%)
Pioneer Investments 2,064,340 sh (-2.48%)
Jim Simons 1,244,400 sh (-25.32%)
» More
Q1 2013

DRE Guru Trades in Q1 2013

Steven Cohen 61,873 sh (New)
Pioneer Investments 1,783,790 sh (-13.59%)
Jim Simons 690,500 sh (-44.51%)
David Dreman 209,359 sh (-88.6%)
» More
» Details

Insider Trades

Latest Guru Trades with DRE

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
David Dreman 2013-03-31 Reduce -88.6%0.65%$13.87 - $17.06 $ 17.713%209359
David Dreman 2012-03-31 Reduce -35.96%0.3%$12.02 - $14.78 $ 17.738%1947852
Ray Dalio 2011-12-31 Sold Out 0.01%$9.7 - $12.58 $ 17.757%0
David Dreman 2011-09-30 Add 1055.75%0.71%$9.88 - $14.71 $ 17.744%2939674
Ray Dalio 2011-09-30 New Buy0.01%$9.88 - $14.71 $ 17.744%63245
David Dreman 2010-03-31 New Buy0.07%$10.46 - $13.22 $ 17.749%246113
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of Duke Realty Corp

SymbolPriceYieldDescription
DREPRK1.846.40ADR
DREPRL1.846.48ADR
DREPRJ1.846.54ADR

Ratios

vs
industry		 vs
history
P/B 2.20
DRE's P/B is ranked lower than
303951% of the 329 Companies
in the Global REIT - Office industry.

( Industry Median: 1.30 vs. DRE: 2.20 )
DRE' s 10-Year P/B Range
Min: 0.25   Max: 2.85
Current: 2.2
0.25
2.85
P/S 4.51
DRE's P/S is ranked lower than
294985% of the 339 Companies
in the Global REIT - Office industry.

( Industry Median: 6.95 vs. DRE: 4.51 )
DRE' s 10-Year P/S Range
Min: 0.64   Max: 7.85
Current: 4.51
0.64
7.85
EV-to-EBIT 47.6
DRE's EV-to-EBIT is ranked lower than
323624% of the 309 Companies
in the Global REIT - Office industry.

( Industry Median: 27.00 vs. DRE: 47.6 )
DRE' s 10-Year EV-to-EBIT Range
Min: 21.2   Max: 109.9
Current: 47.6
21.2
109.9
Shiller P/E 529.1
DRE's Shiller P/E is ranked lower than
100% of the Companies
in the Global REIT - Office industry.

( Industry Median: vs. DRE: 529.1 )
DRE' s 10-Year Shiller P/E Range
Min: 3.45   Max: 535.67
Current: 529.1
3.45
535.67

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 3.84
DRE's Dividend Yield is ranked lower than
62% of the 302 Companies
in the Global REIT - Office industry.

( Industry Median: 4.40 vs. DRE: 3.84 )
DRE' s 10-Year Dividend Yield Range
Min: 3.65   Max: 38.97
Current: 3.84
3.65
38.97
Dividend growth (3y) -2.7
DRE's Dividend growth (3y) is ranked lower than
1162790% of the 86 Companies
in the Global REIT - Office industry.

( Industry Median: 4.70 vs. DRE: -2.7 )
DRE' s 10-Year Dividend growth (3y) Range
Min: -23   Max: 5.5
Current: -2.7
-23
5.5
Yield on cost (5-Year) 1.30
DRE's Yield on cost (5-Year) is ranked lower than
90% of the 304 Companies
in the Global REIT - Office industry.

( Industry Median: 4.15 vs. DRE: 1.30 )
DRE' s 10-Year Yield on cost (5-Year) Range
Min: 1.22   Max: 13.01
Current: 1.3
1.22
13.01
Share Buyback Rate -7.4
DRE's Share Buyback Rate is ranked lower than
6249994% of the 16 Companies
in the Global REIT - Office industry.

( Industry Median: 0.50 vs. DRE: -7.4 )
DRE' s 10-Year Share Buyback Rate Range
Min: 1.2   Max: -13.8
Current: -7.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 47.8
DRE's Price/Net Current Asset Value is ranked lower than
847457% of the 118 Companies
in the Global REIT - Office industry.

( Industry Median: 82.90 vs. DRE: 47.8 )
DRE' s 10-Year Price/Net Current Asset Value Range
Min: 12.3   Max: 77.1
Current: 47.8
12.3
77.1
Price/Tangible Book 2.2
DRE's Price/Tangible Book is ranked lower than
304878% of the 328 Companies
in the Global REIT - Office industry.

( Industry Median: 1.30 vs. DRE: 2.2 )
DRE' s 10-Year Price/Tangible Book Range
Min: 0.6   Max: 2.4
Current: 2.2
0.6
2.4
Price/DCF (Projected) 2.1
DRE's Price/DCF (Projected) is ranked lower than
632911% of the 158 Companies
in the Global REIT - Office industry.

( Industry Median: 2.00 vs. DRE: 2.1 )
DRE' s 10-Year Price/DCF (Projected) Range
Min: 0.7   Max: 1.9
Current: 2.1
0.7
1.9
Price/Median PS Value 1
DRE's Price/Median PS Value is ranked lower than
313479% of the 319 Companies
in the Global REIT - Office industry.

( Industry Median: 1.30 vs. DRE: 1 )
DRE' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.5
Current: 1
0.4
1.5
Earnings Yield (Greenblatt) 2.10
DRE's Earnings Yield (Greenblatt) is ranked lower than
330033% of the 303 Companies
in the Global REIT - Office industry.

( Industry Median: 3.70 vs. DRE: 2.10 )
DRE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.9   Max: 4.7
Current: 2.1
0.9
4.7
Forward Rate of Return (Yacktman) -5.97
DRE's Forward Rate of Return (Yacktman) is ranked lower than
1111110% of the 90 Companies
in the Global REIT - Office industry.

( Industry Median: 7.24 vs. DRE: -5.97 )
DRE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -21.4   Max: 64.8
Current: -5.97
-21.4
64.8

Business Description

Duke Reality Corp is a self-administered and self-managed real estate investment trust REIT, which began operations upon completion of its initial public offering in February 1986. The company is engaged in the ownership, construction, development, leasing, and management of office, industrial, retail, and healthcare properties in the Midwest and Southeast United States. As of December 31, 2011, its diversified portfolio of 748 rental properties (including 126 jointly controlled in-service properties with approximately 25.3 million square feet, five consolidated properties under development with more than 639,000 square feet and one jointly controlled property under development with approximately 274,000 square feet) encompasses more than 136.5 million rentable square feet and is leased by a diverse base of approximately 3,000 tenants whose businesses include government services, manufacturing, retailing, wholesale trade, distribution, healthcare and professional services. The company also own, including through ownership interests in unconsolidated joint ventures, more than 4,800 acres of land and control an additional 1,630 acres through purchase options. It has three reportable operating segments, the first two of which consist of the ownership and rental of (i) office and (ii) industrial real estate investments. The operations of its office and industrial properties, along with its medical office and retail properties, are collectively referred to as "Rental Operations." its medical office and retail properties do not by themselves meet the quantitative thresholds for separate presentation as reportable segments. The third reportable segment consists of providing various real estate services such as property management, asset management, maintenance, leasing, development and construction management to third-party property owners and joint ventures, and is collectively referred to as Service Operations.
Company Website
SEC Reports
Industry: REIT - Office
Compare:SLG, ARE, HIW, PKY, SIR
Traded in other countries:DUR.Germany
ยป More Articles for DRE

Headlines

Articles On GuruFocus.com
The Best Dividends on May 14, 2012 May 11 2012 
The Best Yielding Office REITs Nov 22 2011 
Duke Realty Corp. (DRE) Chairman and CEO Dennis D Oklak sells 25,000 Shares Mar 21 2011 
10 High Yield REITs: Do the Yields Justify the Risk? Nov 15 2010 

More From Our Partners
CFO at Duke Realty Resigns, Joins JLL - Analyst Blog May 17 2013 - ZACKS

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