Somewhat Favorable Press Coverage Somewhat Unlikely to Affect DCT Industrial Trust (DCT) Share Price

News coverage about DCT Industrial Trust (NYSE:DCT) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of 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 0.09 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.9675007777355 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

DCT Industrial Trust (NYSE:DCT) traded up $0.15 on Friday, hitting $56.49. 594,122 shares of the stock were exchanged, compared to its average volume of 495,422. The stock has a market capitalization of $5,260.00, a price-to-earnings ratio of 51.35, a P/E/G ratio of 5.15 and a beta of 0.94. DCT Industrial Trust has a 12 month low of $43.95 and a 12 month high of $61.53. 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 posted its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. The company had revenue of $105.18 million for the quarter, compared to analyst estimates of $105.96 million. DCT Industrial Trust had a net margin of 24.39% and a return on equity of 5.16%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 earnings per share. analysts forecast that DCT Industrial Trust will post 2.44 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Friday, December 22nd were paid a dividend of $0.36 per share. The ex-dividend date was Thursday, December 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.55%. 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 currently 130.91%.

Several research firms recently commented on DCT. Zacks Investment Research lowered shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a report on Monday, November 27th. Jefferies Group restated a “hold” rating and issued a $59.00 price target on shares of DCT Industrial Trust in a report on Friday, November 24th. SunTrust Banks restated a “hold” rating on shares of DCT Industrial Trust in a report on Friday, December 1st. ValuEngine lowered shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Citigroup lifted their price objective on shares of DCT Industrial Trust from $56.00 to $60.00 and gave the company a “neutral” rating in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $58.40.

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About DCT Industrial Trust

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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