Previous Close | 51.07 |
Open | 51.60 |
Bid | 50.92 x 800 |
Ask | 51.69 x 800 |
Day's Range | 49.96 - 51.85 |
52 Week Range | 46.18 - 66.22 |
Volume | |
Avg. Volume | 2,577,442 |
Market Cap | 19.389B |
Beta (5Y Monthly) | 0.73 |
PE Ratio (TTM) | 20.90 |
EPS (TTM) | 2.44 |
Earnings Date | Apr 26, 2022 - May 02, 2022 |
Forward Dividend & Yield | 1.12 (2.09%) |
Ex-Dividend Date | May 13, 2022 |
1y Target Est | N/A |
Amid a demand spike for its well-located industrial spaces along the New Jersey Turnpike corridor, Duke Realty (DRE) secures a lease with the global e-commerce giant, JD.com.
(Bloomberg) -- US warehouse landlord Duke Realty Corp. responded to a $24 billion takeover offer by Prologis Inc., saying the all-stock proposal is “insufficient.”Most Read from BloombergDon’t Bother Paying Off Student Loan Debt Right Now, Advisers SayNike Escalates StockX Feud, Says Site Is Selling Fake ShoesTerraUSD Stablecoin Plunges as Crypto Market Awaits RescuePrices in US Outstrip Forecasts in Sign of Inflation PersistingMegacap-Tech Selloff Deepens With Stocks Slumping: Markets WrapProlo
Duke Realty Corp on Wednesday rejected a $23.7 billion all-stock deal from warehouse real estate company Prologis Inc, and said the offer was "insufficient". Prologis on Tuesday had offered Duke $61.68 per share, an over 29% premium to the stock's closing price on Monday, as the company looked to benefit from booming demand for industrial space. San Francisco-based Prologis, which leases logistics facilities to about 5,800 customers including Amazon.com Inc , BMW AG and FedEx Corp, said it had previously offered to buy Duke privately.