News coverage about DCT Industrial Trust (NYSE:DCT) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DCT Industrial Trust earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 46.271831712957 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- DCT Industrial Trust, Inc. breached its 50 day moving average in a Bearish Manner : DCT-US : December 6, 2017 (finance.yahoo.com)
- $106.10 Million in Sales Expected for DCT Industrial Trust Inc (DCT) This Quarter (americanbankingnews.com)
- Zacks: Brokerages Anticipate DCT Industrial Trust Inc (DCT) to Post $0.62 EPS (americanbankingnews.com)
- Report: Developing Opportunities within United Continental, Tandem Diabetes Care, Cavium, Life Storage, Suburban … – GuruFocus.com (gurufocus.com)
- DCT Industrial Trust (DCT) Stock Rating Lowered by ValuEngine (americanbankingnews.com)
Shares of DCT Industrial Trust (NYSE DCT) traded down $0.13 during mid-day trading on Wednesday, hitting $58.57. The stock had a trading volume of 373,257 shares, compared to its average volume of 481,386. The company has a quick ratio of 1.07, a current ratio of 0.87 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $5,526.50, a PE ratio of 24.62, a PEG ratio of 5.75 and a beta of 0.95. DCT Industrial Trust has a 12 month low of $43.95 and a 12 month high of $61.53.
DCT Industrial Trust (NYSE:DCT) last posted its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.01. The business had revenue of $105.18 million for the quarter, compared to analysts’ expectations of $105.96 million. DCT Industrial Trust had a return on equity of 5.16% and a net margin of 24.39%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 earnings per share. equities research analysts forecast that DCT Industrial Trust will post 2.44 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Friday, December 22nd will be issued a $0.36 dividend. This is a boost from DCT Industrial Trust’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Thursday, December 21st. This represents a $1.44 annualized dividend and a yield of 2.46%. DCT Industrial Trust’s dividend payout ratio (DPR) is currently 112.73%.
Several brokerages have recently commented on DCT. BMO Capital Markets restated a “market perform” rating and set a $61.00 target price on shares of DCT Industrial Trust in a report on Monday, September 11th. UBS cut DCT Industrial Trust from a “neutral” rating to a “sell” rating and set a $55.00 target price on the stock. in a report on Friday, September 8th. Janney Montgomery Scott began coverage on DCT Industrial Trust in a report on Friday, September 29th. They set a “neutral” rating and a $59.00 target price on the stock. Zacks Investment Research cut DCT Industrial Trust from a “buy” rating to a “hold” rating in a report on Monday, November 27th. Finally, SunTrust Banks restated a “hold” rating and set a $56.00 target price on shares of DCT Industrial Trust in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $57.40.
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DCT Industrial Trust Company Profile
DCT Industrial Trust Inc (DCT) is an industrial real estate company. The Company specializes in the ownership, acquisition, development, leasing and management of bulk-distribution and light-industrial properties located in various distribution markets in the United States. The Company operates through three segments: East, Central and West.
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