DCT Industrial Trust (DCT) Earns Media Impact Score of 0.32
News coverage about DCT Industrial Trust (NYSE:DCT) has trended positive on Thursday, according to AlphaOne Sentiment. The research group, a unit of Accern, identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DCT Industrial Trust earned a media sentiment score of 0.32 on AlphaOne’s scale. AlphaOne also gave news stories about the real estate investment trust an impact score of 63 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have impacted Alpha One’s scoring:
- DCT Industrial Trust Inc (DCT) Raised to “Hold” at Zacks Investment Research (americanbankingnews.com)
- DCT Industrial Trust Inc to Post Q2 2017 Earnings of $0.60 Per Share, Capital One Financial Corp. Forecasts (DCT) (americanbankingnews.com)
- DCT Industrial Trust Inc (DCT) to Post Q1 2018 Earnings of $0.61 Per Share, Capital One Financial Corp. Forecasts (americanbankingnews.com)
- Zacks: Brokerages Expect DCT Industrial Trust Inc (DCT) Will Post Earnings of $0.58 Per Share (americanbankingnews.com)
- Positive News Coverage Likely to Impact DCT Industrial Trust (DCT) Share Price (americanbankingnews.com)
Several equities analysts have recently issued reports on DCT shares. Zacks Investment Research raised shares of DCT Industrial Trust from a “sell” rating to a “hold” rating in a report on Thursday. Capital One Financial Corp. raised shares of DCT Industrial Trust from an “equal weight” rating to an “overweight” rating and set a $50.00 price target for the company in a report on Wednesday, February 8th. They noted that the move was a valuation call. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $47.57.
Shares of DCT Industrial Trust (NYSE:DCT) traded up 0.16% during trading on Thursday, reaching $50.69. 359,740 shares of the company were exchanged. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 49.31 and a beta of 0.89. The stock’s 50-day moving average is $48.20 and its 200-day moving average is $46.92. DCT Industrial Trust has a 52-week low of $39.52 and a 52-week high of $51.70.
DCT Industrial Trust (NYSE:DCT) last released its quarterly earnings results on Thursday, February 2nd. The real estate investment trust reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. DCT Industrial Trust had a net margin of 23.65% and a return on equity of 4.82%. The business had revenue of $102.23 million for the quarter, compared to analysts’ expectations of $101.68 million. During the same period in the previous year, the company earned $0.53 earnings per share. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. Equities research analysts predict that DCT Industrial Trust will post $0.57 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 12th. Investors of record on Friday, March 31st were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend was Wednesday, March 29th. DCT Industrial Trust’s dividend payout ratio (DPR) is presently 120.39%.
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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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