Duke Realty Corp (DRE) Files 10-K for the Fiscal Year Ended on December 31, 2018

Duke Realty Corp (DRE, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Duke Realty Corp is a self-administered and self-managed REIT. The company is engaged in the ownership, management and development of industrial and medical office real estate. It also provides real estate services to third-party owners. Duke Realty Corp has a market cap of $10.76 billion; its shares were traded at around $30.04 with a P/E ratio of 28.08 and P/S ratio of 12.16. The dividend yield of Duke Realty Corp stocks is 2.77%.

For the last quarter Duke Realty Corp reported a revenue of $270.9 million, compared with the revenue of $215.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $947.9 million, an increase of 21.4% from last year. For the last five years Duke Realty Corp had an average revenue decline of 5.3% a year.

The reported diluted earnings per share was $1.07 for the year, a decline of 76.5% from the previous year. Over the last five years Duke Realty Corp had an EPS growth rate of 31.2% a year. The Duke Realty Corp had a decent operating margin of 23.59%, compared with the operating margin of 23.93% a year before. The 10-year historical median operating margin of Duke Realty Corp is 18.60%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Duke Realty Corp has the cash and cash equivalents of $17.9 million, compared with $67.6 million in the previous year. The long term debt was $2.7 billion, compared with $2.4 billion in the previous year. The interest coverage to the debt is 2.6, which is not a favorable level. Duke Realty Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $30.04, Duke Realty Corp is traded at 174.8% premium to its historical median P/S valuation band of $10.93. The P/S ratio of the stock is 12.16, while the historical median P/S ratio is 4.43. The stock gained 24.17% during the past 12 months.

CFO Recent Trades:

  • EVP & CFO Mark A Denien sold 46,328 shares of DRE stock on 02/04/2019 at the average price of $29.49. The price of the stock has increased by 1.87% since.

Directors and Officers Recent Trades:

  • Director Charles R Eitel sold 5,075 shares of DRE stock on 02/20/2019 at the average price of $29.89. The price of the stock has increased by 0.5% since.
  • EVP, Chief Investment Officer Nicholas C. Anthony sold 9,937 shares of DRE stock on 02/01/2019 at the average price of $29.07. The price of the stock has increased by 3.34% since.

For the complete 20-year historical financial data of DRE, click here.