Media stories about QTS Realty Trust (NYSE:QTS) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog 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. QTS Realty Trust earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 45.6006328672276 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Brokers Issue Forecasts for QTS Realty Trust, Inc.’s Q1 2019 Earnings (QTS) (americanbankingnews.com)
- QTS Announces Federal Advisory Board Members (finance.yahoo.com)
- QTS Realty Trust, Inc. : QTS-US: Dividend Analysis : December 05th, 2017 (record date) : By the numbers : December 6, 2017 (finance.yahoo.com)
- Insider Selling: QTS Realty Trust, Inc. (QTS) EVP Sells 12,500 Shares of Stock (americanbankingnews.com)
- $117.46 Million in Sales Expected for QTS Realty Trust, Inc. (QTS) This Quarter (americanbankingnews.com)
Shares of QTS Realty Trust (NYSE QTS) opened at $54.63 on Friday. The firm has a market capitalization of $2,770.00, a price-to-earnings ratio of 20.52, a P/E/G ratio of 1.03 and a beta of 0.44. QTS Realty Trust has a 52-week low of $46.32 and a 52-week high of $61.55. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.09.
QTS Realty Trust (NYSE:QTS) last issued its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.59. The business had revenue of $113.77 million for the quarter, compared to analyst estimates of $113.64 million. QTS Realty Trust had a return on equity of 2.10% and a net margin of 4.67%. QTS Realty Trust’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS. analysts forecast that QTS Realty Trust will post 2.71 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, December 5th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, December 4th. This represents a $1.56 dividend on an annualized basis and a yield of 2.86%. QTS Realty Trust’s dividend payout ratio is currently 433.33%.
QTS has been the topic of several recent analyst reports. Credit Suisse Group set a $55.00 price target on QTS Realty Trust and gave the company a “hold” rating in a research note on Tuesday, November 14th. Deutsche Bank reiterated a “hold” rating and issued a $52.00 price target (down previously from $53.00) on shares of QTS Realty Trust in a research note on Friday, August 11th. Jefferies Group decreased their price target on QTS Realty Trust from $71.00 to $65.00 and set a “buy” rating on the stock in a research note on Monday, November 20th. SunTrust Banks lifted their price target on QTS Realty Trust from $62.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Zacks Investment Research lowered QTS Realty Trust from a “buy” rating to a “hold” rating in a research note on Saturday, October 28th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $59.00.
In related news, insider Daniel T. Bennewitz sold 9,144 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $57.46, for a total transaction of $525,414.24. Following the sale, the insider now owns 58,624 shares in the company, valued at approximately $3,368,535.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO James H. Reinhart sold 3,545 shares of the business’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $55.22, for a total value of $195,754.90. Following the sale, the chief operating officer now owns 74,837 shares in the company, valued at approximately $4,132,499.14. The disclosure for this sale can be found here. Insiders have sold a total of 40,746 shares of company stock worth $2,308,688 in the last 90 days. 17.30% of the stock is currently owned by corporate insiders.
QTS Realty Trust Company Profile
QTS Realty Trust, Inc (QTS) is a provider of secure, compliant data center solutions, hybrid cloud and fully managed services. The Company owns, develops and operates carrier-neutral and multi-tenant data centers. Its data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers.
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