Duke Realty Corporation (DRE)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Duke Realty Corporation (DRE) trades at $48.20 with AI Score 50/100 (Grade B). Duke Realty Corporation is a REIT that owns and operates industrial assets. The company focuses on logistics markets and is a member of the S&P 500 Index. Sector: Real estate.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for DRE: DRE does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates DRE against Real Estate peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
DRE: the 1 perspectives are evenly split.
How is this calculated? →Duke Realty Corporation (DRE) Real Estate Portfolio & Strategy
Duke Realty Corporation, a member of the S&P 500, specializes in owning and operating industrial assets, primarily logistics facilities, across 20 major U.S. markets. With a focus on strategic locations and a substantial portfolio, DRE caters to the increasing demand for modern distribution infrastructure.
What Is the Investment Thesis for DRE?
Duke Realty Corporation presents a compelling investment case due to its strategic focus on the high-demand industrial sector, particularly logistics facilities. The company's extensive portfolio of approximately 159 million rentable square feet in 20 major logistics markets positions it to capitalize on the ongoing growth of e-commerce and supply chain modernization. With a profit margin of 77.9% and a gross margin of 71.7%, DRE demonstrates strong operational efficiency. The dividend yield of 2.32% provides a steady income stream for investors. Key catalysts include continued expansion in strategic markets and increasing demand for modern distribution space. However, potential risks include interest rate fluctuations and economic downturns that could impact tenant demand.
Based on FMP financials and quantitative analysis
DRE Key Highlights
- Owns and operates approximately 159 million rentable square feet of industrial assets.
- Operates in 20 major logistics markets across the United States.
- Profit Margin of 77.9% indicates strong operational efficiency.
- Gross Margin of 71.7% reflects effective cost management.
- Dividend Yield of 2.32% provides a consistent income stream for investors.
Who Are DRE's Competitors?
DRE is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AIRC Apartment Income REIT Corp. | $39.08 | -0.03% | $5.67B | 48 |
| AJXA Great Ajax Corp. 7.25 CV SR NT 24 | $25.07 | +0.16% | $140.85M | 42 |
| DOC Healthpeak Properties, Inc. | $21.73 | -0.75% | $14.98B | 69 |
| HTA Healthcare Trust of America, Inc. | $29.19 | -0.07% | $11.11B | 50 |
| LSI Life Storage, Inc. | $133.10 | -0.76% | $11.33B | — |
| TRNO Terreno Realty Corporation | $68.05 | +1.07% | $7.23B | 60 |
| PSA Public Storage | $323.01 | -2.01% | $56.71B | 60 |
| FBBPF FIBRA Prologis | $4.48 | +1.93% | $7.47B | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are DRE's Key Strengths?
- Large portfolio of industrial assets.
- Strategic locations in major logistics markets.
- Strong operational efficiency.
- High-quality tenant base.
What Are DRE's Weaknesses?
- Exposure to economic cycles.
- Dependence on tenant demand.
- Competition from other REITs.
- Interest rate sensitivity.
What Could Drive DRE Stock Higher?
- Continued growth of e-commerce driving demand for industrial space.
- Supply chain modernization requiring efficient distribution facilities.
- Potential acquisitions of strategic industrial assets.
- Development of new distribution facilities in key markets.
What Are the Key Risks for DRE?
- Insider selling — insiders were net sellers of roughly $11.2M recently.
- Economic downturns impacting tenant demand.
- Increased interest rates increasing borrowing costs.
- Oversupply of industrial space in certain markets.
- Competition from other REITs.
What Are the Growth Opportunities for DRE?
- Expansion in Key Logistics Markets: Duke Realty can expand its presence in existing and new logistics markets to capitalize on growing demand for industrial space. Investing in strategic locations with strong transportation infrastructure and access to major population centers will drive rental income and asset value. The growth of e-commerce and supply chain modernization will continue to fuel demand for well-located distribution facilities.
- Development of Modern Distribution Facilities: Duke Realty can develop state-of-the-art distribution facilities with advanced technology and sustainable features to attract high-quality tenants. Investing in automation, energy efficiency, and flexible design will enhance the appeal of its properties and drive rental rates. The increasing demand for efficient and environmentally friendly logistics solutions will support this growth opportunity.
- Strategic Acquisitions of Industrial Assets: Duke Realty can acquire existing industrial assets in strategic locations to expand its portfolio and market share. Targeting properties with strong occupancy rates and potential for value enhancement will drive long-term growth. The acquisition of well-located assets can provide immediate income and diversification benefits.
- Enhancement of Tenant Relationships: Duke Realty can strengthen its relationships with existing tenants by providing exceptional service and customized solutions. Understanding the unique needs of its tenants and offering flexible lease terms and expansion options will drive tenant retention and rental growth. Building long-term partnerships with key tenants will create a stable income stream and enhance the value of its portfolio.
- Investment in Technology and Innovation: Duke Realty can invest in technology and innovation to improve its operational efficiency and enhance the tenant experience. Implementing advanced property management systems, data analytics tools, and smart building technologies will drive cost savings and improve customer satisfaction. Embracing technology will position Duke Realty as a leader in the industrial REIT sector.
What Opportunities Does DRE Have?
- Expansion in key logistics markets.
- Development of modern distribution facilities.
- Strategic acquisitions of industrial assets.
- Enhancement of tenant relationships.
What Threats Does DRE Face?
- Economic downturns.
- Increased interest rates.
- Oversupply of industrial space.
- Changes in e-commerce trends.
What Are DRE's Competitive Advantages?
- Scale: Large portfolio of industrial assets provides economies of scale.
- Location: Strategic locations in major logistics markets.
- Expertise: Deep understanding of the industrial real estate sector.
- Reputation: Strong reputation for quality and service.
What Does DRE Do?
Duke Realty Corporation, a leading industrial REIT, specializes in the ownership, management, and development of logistics properties across the United States. Founded with a vision to provide modern distribution facilities, Duke Realty has evolved into a key player in the industrial real estate sector. The company's portfolio comprises approximately 159 million rentable square feet of industrial assets strategically located in 20 major logistics markets. These properties cater to a diverse range of tenants, including e-commerce companies, retailers, and third-party logistics providers. Duke Realty's commitment to quality and innovation has solidified its position as a preferred partner for businesses seeking efficient and well-located distribution space. The company is publicly traded on the NYSE under the symbol DRE and is a member of the S&P 500 Index.
What Products and Services Does DRE Offer?
- Owns and operates industrial properties.
- Focuses on logistics facilities.
- Manages a portfolio of approximately 159 million rentable square feet.
- Operates in 20 major logistics markets across the United States.
- Provides distribution space for e-commerce companies, retailers, and third-party logistics providers.
- Develops modern distribution facilities with advanced technology and sustainable features.
How Does DRE Make Money?
- Generates revenue through rental income from industrial properties.
- Focuses on long-term leases with high-quality tenants.
- Develops and acquires properties in strategic logistics markets.
- Manages properties to maximize occupancy and rental rates.
What Industry Does DRE Operate In?
Duke Realty operates within the industrial REIT sector, which is experiencing significant growth due to the expansion of e-commerce and the increasing need for efficient supply chains. The market is competitive, with players like AIRC, AJXA, DOC, HTA, and LSI vying for market share. Duke Realty's focus on prime logistics locations and its large portfolio size give it a competitive edge. The industrial REIT sector is expected to continue growing as businesses seek modern distribution facilities to meet evolving consumer demands.
Who Are DRE's Key Customers?
- E-commerce companies
- Retailers
- Third-party logistics providers
- Supply chain companies
How Duke Realty Corporation Is Valued
Relative to its peer group, DRE's quantitative score of 50/100 is roughly in line with the peer average of 52/100.
Company Profile
Duke Realty Corporation operates in the REIT - Industrial industry within the Real Estate sector. It is headquartered in Indianapolis, US. The company is led by CEO James Connor. DRE has traded publicly since 1986.
ROE 15%Key Financial Metrics
Return on equity for Duke Realty Corporation stands at 15.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 8.2%, showing how much profit it generates from its asset base. DRE trades at a trailing price-to-earnings ratio of 21.45, roughly in line with the Real Estate sector average of ~20x. A current ratio of 3.73 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.7%, the inverse of the P/E and a quick read on earnings relative to price.
Net sellingInsider Activity
The most recent 12 insider filings for Duke Realty Corporation break down as 8 sales and 4 purchases. On net that is roughly 553K shares disposed (about $11.2M), a signal worth weighing alongside the fundamentals.
DRE Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Duke Realty's recent insider buying suggests confidence in its future performance, indicating that executives believe in the company's growth potential.
- Community sentiment has shifted positively, with discussions highlighting the company's strong position in the logistics real estate sector, benefiting from e-commerce trends.
- Recent developments in their portfolio, including strategic acquisitions, signal a commitment to expanding their market share and enhancing asset quality.
- The overall demand for industrial space remains robust, positioning Duke Realty favorably in a thriving sector.
Bear Case
- Concerns over rising interest rates have led to skepticism in the real estate market, potentially impacting Duke Realty's financing and growth plans.
- Some community members express caution regarding potential overvaluation, suggesting that current stock prices may not reflect underlying fundamentals.
- Recent economic indicators show signs of slowing growth, raising questions about future demand for industrial properties and the company's occupancy rates.
- Increased competition in the logistics space could pressure margins, with investors wary of how Duke Realty will maintain its competitive edge.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
DRE Latest News
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FHLB Des Moines Announces Plans to Contribute More Than $200 Million to Support Housing Affordability
Business Insider · Jun 17, 2026
-
Oil Prices Dive On U.S.-Iran Deal, But Prewar Pricing Is Far Off
Investor's Business Daily · Jun 15, 2026
-
Broadcom CEO unnerves biggest AI backers in rattling pivot
TheStreet · Jun 10, 2026
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Pilot of major airline arrested, secretly flew without proper license
TheStreet · Jun 9, 2026
DRE Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for DRE.
Price Targets
Wall Street price target analysis for DRE.
DRE MoonshotScore
What does this score mean?
The MoonshotScore rates DRE's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
FHLB Des Moines Announces Plans to Contribute More Than $200 Million to Support Housing Affordability
Oil Prices Dive On U.S.-Iran Deal, But Prewar Pricing Is Far Off
Broadcom CEO unnerves biggest AI backers in rattling pivot
Pilot of major airline arrested, secretly flew without proper license
Leadership: James Connor
CEO
James Connor serves as the CEO of Duke Realty Corporation, leading the company's strategic direction and overseeing its operations. His career spans several decades in the real estate industry, with a focus on industrial properties. Prior to joining Duke Realty, he held leadership positions at various real estate firms, gaining extensive experience in property management, development, and investment. Connor's expertise and vision have been instrumental in driving Duke Realty's growth and success.
Track Record: Under James Connor's leadership, Duke Realty has expanded its portfolio of industrial assets and strengthened its position as a leading industrial REIT. He has overseen the development of state-of-the-art distribution facilities and the acquisition of strategic properties in key logistics markets. Connor's focus on tenant relationships and operational efficiency has contributed to the company's strong financial performance.
What Investors Ask About Duke Realty Corporation (DRE) — Real Estate
What does Duke Realty Corporation do?
Duke Realty Corporation is a real estate investment trust (REIT) that specializes in the ownership, management, and development of industrial properties, primarily logistics facilities. The company's portfolio comprises approximately 159 million rentable square feet of industrial assets strategically located in 20 major logistics markets across the United States. Duke Realty caters to a diverse range of tenants, including e-commerce companies, retailers, and third-party logistics providers, offering modern distribution space to support their supply chain needs.
What do analysts say about DRE stock?
Analyst consensus on Duke Realty Corporation (DRE) reflects a generally positive outlook, driven by the company's strong position in the industrial REIT sector and its focus on high-demand logistics markets. Key valuation metrics, such as price-to-earnings (P/E) ratio of 21.45, are closely monitored. Growth considerations include the company's ability to expand its portfolio, develop new facilities, and maintain high occupancy rates. However, analysts also consider potential risks, such as economic downturns and interest rate fluctuations, which could impact tenant demand and borrowing costs.
What are the main risks for DRE?
Duke Realty Corporation faces several risks inherent to the real estate industry and specific to its business model. Economic downturns could reduce tenant demand and rental rates, impacting revenue and profitability. Increased interest rates could raise borrowing costs and reduce the value of its properties. Oversupply of industrial space in certain markets could lead to lower occupancy rates and increased competition. Additionally, changes in e-commerce trends and supply chain strategies could affect the demand for its distribution facilities. These factors could negatively impact Duke Realty's financial performance and stock price.
What are the key factors to evaluate for DRE?
Duke Realty Corporation (DRE) holds an AI score of 50/100 (moderate). P/E: 21.5x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does DRE data refresh on this page?
DRE prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven DRE's recent stock price performance?
Duke Realty Corporation (DRE) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Large portfolio of industrial assets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider DRE overvalued or undervalued right now?
Duke Realty Corporation (DRE) trades at 21.5x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying DRE?
Before investing in Duke Realty Corporation (DRE), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- AI analysis is pending and may provide further insights.