Economy

Duke Realty Corporation (DRE) to Issue Quarterly Dividend of $0.20

The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($1.17). The company has market cap of $1.11 billion. The first sale was made at $18.5 but later the stock became weaker, and closed with a fall of -0.87%. About 3.84 million shares traded or 2.13% up from the average. More interesting news about Duke Realty Corp (NYSE:DRE) were released by: Globenewswire.com and their article: "Duke Realty Closes Refinancing of Revolving Credit Facility" published on October 11, 2017 as well as Globenewswire.com's news article titled: "Duke Realty Board of Directors Adopts Proxy Access and a Board Diversity Policy" with publication date: October 27, 2017. It has underperformed by 48.43% the S&P500.

Duke Realty Corporation has increased its dividend payment by an average of 2.4% annually over the last three years and has raised its dividend every year for the last 2 years. The stock presently has a consensus rating of Hold and an average target price of $115.29. The company has seen a change of 63.40% earnings per share this year. Ameritas Investment Prns invested in 0.02% or 28,954 shares. The stock decreased 0.81% or $0.14 on October 26, reaching $17.06. The insider SCOTT PETER M III sold 2,500 shares worth $70,625. SM Energy Co (NYSE:SM) has declined 24.40% since October 27, 2016 and is downtrending. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. This is a boost from Duke Realty Corporation's previous quarterly dividend of $0.19. The ROIC 5 year average of Kimco Realty Corporation (NYSE:KIM) is 0.032329. Therefore 50% are positive. SM Energy had 67 analyst reports since July 21, 2015 according to SRatingsIntel. UBS AG upgraded shares of SL Green Realty Corporation from a neutral rating to a buy rating and set a $117.00 target price for the company in a research note on Thursday, July 13th. Barclays Capital maintained the stock with "Equal-Weight" rating in Tuesday, July 18 report.

Kimco Realty Corporation (KIM)'s ROE is 0%, while industry's is 15.72%. $117.82's average target is 22.70% above currents $96.02 stock price. The company was downgraded on Monday, June 19 by Bank of America. This works out to an increase of 4.17% compared to last year's earnings. The stock has "Hold" rating by Deutsche Bank on Wednesday, August 17. In an analyst report revealed on Monday morning, Baird reiterated their "Outperform" rating on shares of SLG.

Investors sentiment increased to 1.26 in Q2 2017. Its down 0.03, from 1.04 in 2017Q1. The number of shares now owned by investors are 432.44 mln. 100.44 million shares or 2.17% less from 102.67 million shares in 2017Q1 were reported.

Kimco Realty Corporation (NYSE:KIM) has a market cap of $7.93 billion and over the last 12 months, KIM has declined by -32.76%. Duke Realty Corporation now has a PEG ratio of 5.11.Most importantly investors want to know where the stock is headed from here. Sumitomo Mitsui Asset Company Ltd has invested 0.02% in SL Green Realty Corp (NYSE:SLG).

Kimco Realty Corporation on 9/29/2017 reported its EPS as $0.16 with the analysts projecting the EPS of the stock as $0.15. Gideon Advsr, New York-based fund reported 36,786 shares. Going back previous 30 days we noticed that KIM performed along discount change of -5.56%. The average FCF of a company is determined by looking at the cash generated by operations of the company. Aperio Grp Lc, California-based fund reported 65,205 shares. Franklin Resource owns 227,417 shares. Proshare Advisors Limited Liability Co has 45,950 shares. Northern Trust Corp has invested 0.04% in Duke Realty Corp (NYSE:DRE). Raymond James & Assoc holds 108,871 shares.

Kimco Realty Corporation (KIM) remained successful in beating the consensus-estimated $0.37 as it actually earned $0.39 per share in its last reported financial results. Kansas City Southern is given 6 buy-equivalent recommendations, 0 sells and 10 holds. Therefore 38% are positive.

As regular trading ended, Kansas City Southern (KSU) stock brought in a $2.48 rise to $104.68. The rating was upgraded by Credit Suisse on Tuesday, April 12 to "Neutral". The firm earned "Buy" rating on Thursday, April 13 by BMO Capital Markets. The rating was reinitiated by Piper Jaffray with "Overweight" on Friday, September 9.

Penn Mutual Life Insurance Company, which manages about $113.80 million US Long portfolio, decreased its stake in Pimco Dynamic Income Fund (PDI) by 126,000 shares to 85,000 shares, valued at $2.56 million in 2017Q2, according to the filing. Invesco Limited holds 29.03M shares.

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