News headlines about DCT Industrial Trust (NYSE:DCT) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DCT Industrial Trust earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 47.0420792993493 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
- DCT® Featured in TheStreet: DCT Industrial Trust: Cramer’s Top Takeaways (4-traders.com)
- DCT Industrial Trust Inc. (DCT) Nice-Looking Institutional Ownership of 99.13% – Wallstreet Investorplace (wallstreetinvestorplace.com)
- DCT Industrial Trust: Cramer’s Top Takeaways – TheStreet.com (thestreet.com)
- Outfront Activates Signage Screen at Yonge-Dundas Square (finance.yahoo.com)
- Industrial REIT CEO discusses biggest distribution challe… (finance.yahoo.com)
A number of research analysts have issued reports on DCT shares. KeyCorp reissued a “buy” rating on shares of DCT Industrial Trust in a research note on Friday, October 20th. Zacks Investment Research raised shares of DCT Industrial Trust from a “hold” rating to a “buy” rating and set a $66.00 target price for the company in a research note on Tuesday, October 10th. Stifel Nicolaus reissued a “buy” rating and set a $60.00 target price (up from $58.00) on shares of DCT Industrial Trust in a research note on Wednesday, August 9th. BidaskClub upgraded shares of DCT Industrial Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Finally, ValuEngine upgraded shares of DCT Industrial Trust from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. DCT Industrial Trust currently has a consensus rating of “Hold” and an average price target of $57.20.
Shares of DCT Industrial Trust (DCT) opened at $60.75 on Wednesday. DCT Industrial Trust has a 52-week low of $43.50 and a 52-week high of $60.98. The company has a market cap of $5,655.02, a PE ratio of 25.19, a price-to-earnings-growth ratio of 6.11 and a beta of 0.95. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 0.87.
DCT Industrial Trust (NYSE:DCT) last released its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. DCT Industrial Trust had a net margin of 24.39% and a return on equity of 5.16%. The company had revenue of $105.18 million for the quarter, compared to the consensus estimate of $105.96 million. During the same period in the previous year, the firm earned $0.60 EPS. DCT Industrial Trust’s revenue was up 4.9% on a year-over-year basis. sell-side analysts anticipate that DCT Industrial Trust will post 2.44 earnings per share for the current fiscal year.
The firm also recently announced 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 an increase from DCT Industrial Trust’s previous quarterly dividend of $0.31. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Thursday, December 21st. DCT Industrial Trust’s payout ratio is presently 112.73%.
In related news, Director John C. Okeeffe sold 1,750 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $57.95, for a total value of $101,412.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by insiders.
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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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