DCT Industrial Trust (DCT) Getting Positive Press Coverage, Study Finds

Media coverage about DCT Industrial Trust (NYSE:DCT) has trended positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. DCT Industrial Trust earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.6242317358937 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have effected Accern’s scoring:

Shares of DCT Industrial Trust (DCT) traded down $0.62 during trading on Monday, reaching $58.19. 558,270 shares of the company were exchanged, compared to its average volume of 524,277. The company has a market cap of $5,477.14, a PE ratio of 52.90, a price-to-earnings-growth ratio of 5.31 and a beta of 0.95. DCT Industrial Trust has a 52 week low of $43.95 and a 52 week high of $61.53. The company has a current ratio of 0.87, a quick ratio of 1.07 and a debt-to-equity ratio of 0.84.

DCT Industrial Trust (NYSE:DCT) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.01. The company had revenue of $105.18 million for the quarter, compared to analysts’ expectations of $105.96 million. DCT Industrial Trust had a net margin of 24.39% and a return on equity of 5.16%. DCT Industrial Trust’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. research analysts anticipate that DCT Industrial Trust will post 2.44 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Friday, December 22nd were paid a $0.36 dividend. This is a boost from DCT Industrial Trust’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $1.44 dividend on an annualized basis and a yield of 2.47%. DCT Industrial Trust’s payout ratio is presently 130.91%.

DCT has been the topic of a number of research reports. Zacks Investment Research upgraded shares of DCT Industrial Trust from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Tuesday, October 10th. KeyCorp restated a “buy” rating on shares of DCT Industrial Trust in a report on Friday, October 20th. Jefferies Group restated a “hold” rating and set a $57.00 target price on shares of DCT Industrial Trust in a report on Tuesday, October 24th. SunTrust Banks restated a “hold” rating and set a $56.00 target price on shares of DCT Industrial Trust in a report on Tuesday, October 24th. Finally, Citigroup boosted their target price on shares of DCT Industrial Trust from $56.00 to $60.00 and gave the company a “neutral” rating in a report on Friday, November 10th. 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 a consensus rating of “Hold” and a consensus price target of $58.40.

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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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