News stories about DCT Industrial Trust (NYSE:DCT) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. DCT Industrial Trust earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.8656237326809 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities research analysts recently weighed in on the company. BMO Capital Markets restated a “hold” rating and set a $60.00 target price on shares of DCT Industrial Trust in a report on Tuesday. JPMorgan Chase & Co. cut DCT Industrial Trust from a “neutral” rating to an “underweight” rating and set a $58.00 target price for the company. in a report on Friday, December 15th. SunTrust Banks restated a “hold” rating on shares of DCT Industrial Trust in a report on Friday, December 1st. ValuEngine lowered DCT Industrial Trust from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research lowered DCT Industrial Trust from a “buy” rating to a “hold” rating in a research report on Monday, November 27th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $58.40.
DCT Industrial Trust (DCT) opened at $56.41 on Thursday. DCT Industrial Trust has a 52-week low of $43.95 and a 52-week high of $61.53. The stock has a market capitalization of $5,250.00, a P/E ratio of 51.28, a PEG ratio of 5.15 and a beta of 0.94. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.87 and a quick ratio of 1.07.
DCT Industrial Trust (NYSE:DCT) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.01. DCT Industrial Trust had a return on equity of 5.16% and a net margin of 24.39%. The firm had revenue of $105.18 million during the quarter, compared to analyst estimates of $105.96 million. During the same quarter in the prior year, the company earned $0.60 EPS. The business’s revenue was up 4.9% compared to the same quarter last year. research analysts expect that DCT Industrial Trust will post 2.44 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Friday, December 22nd were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend was Thursday, December 21st. This is a positive change from DCT Industrial Trust’s previous quarterly dividend of $0.31. DCT Industrial Trust’s dividend payout ratio (DPR) is 130.91%.
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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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