Media headlines about QTS Realty Trust (NYSE:QTS) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. QTS Realty Trust earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.6799521702495 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
A number of brokerages have recently weighed in on QTS. Guggenheim lowered shares of QTS Realty Trust from a “buy” rating to a “neutral” rating in a report on Thursday, February 22nd. Wells Fargo & Co raised their price objective on shares of QTS Realty Trust from $62.50 to $63.00 and gave the company an “outperform” rating in a report on Wednesday, November 15th. Royal Bank of Canada reduced their price objective on shares of QTS Realty Trust to $42.00 and set an “outperform” rating on the stock in a report on Monday, February 26th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of QTS Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Finally, Bank of America reduced their price objective on shares of QTS Realty Trust from $62.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, February 22nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $52.77.
QTS Realty Trust (NYSE QTS) opened at $32.77 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.84 and a quick ratio of 0.84. The company has a market cap of $1,650.00, a price-to-earnings ratio of -819.25, a P/E/G ratio of 0.66 and a beta of 0.71. QTS Realty Trust has a 52-week low of $31.58 and a 52-week high of $61.55.
QTS Realty Trust (NYSE:QTS) last posted its earnings results on Tuesday, February 20th. The real estate investment trust reported $0.79 EPS for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.05. The firm had revenue of $118.90 million for the quarter, compared to the consensus estimate of $118.30 million. QTS Realty Trust had a net margin of 0.29% and a return on equity of 3.17%. The company’s revenue was up 12.8% on a year-over-year basis. During the same period last year, the firm posted $0.64 EPS. research analysts predict that QTS Realty Trust will post 2.66 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 5th. Investors of record on Thursday, March 22nd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 5.00%. This is an increase from QTS Realty Trust’s previous quarterly dividend of $0.39. The ex-dividend date is Wednesday, March 21st. QTS Realty Trust’s dividend payout ratio (DPR) is -3,900.00%.
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.