QTS Realty Trust, Inc. Class A (NYSE:QTS):
QTS Reports Third Quarter 2016 Operating Results.
The company is so far trading down since yesterday’s close of $47.45.
QTS Realty Trust, Inc. Class A also announced a dividend that was paid on Wednesday the 5th of October 2016. The dividend payment was $0.360 per share for the quarter which comes to $1.44 on an annualized basis. The dividend yield was $2.70. The ex-dividend date was Friday the 16th of September 2016.
Shares last traded at $46.71 a tad under $52.44, the stock’s 50 day moving average and just a bit lower than the 200 day moving average of $53.09. The 50 day moving average was down by -10.92% and the 200 day average was down $-6.38.
The company’s P/E ratio is 100.24 and the market cap of the company is 2.24B. In the latest earnings report the EPS was $0.47 and is estimated to be $2.60 for the current year with 47,857,000 shares now outstanding. Next quarter’s EPS is estimated at $0.66 with next year’s EPS projected to be $2.90.
Analysts have provided guidance on the company of late. initiated coverage on the stock giving it an initial rating of “Outperform”. On October 7 analysts at Raymond James initiated coverage on QTS by announcing an initial rating of “Outperform”.
Equity analyst SunTrust Robinson Humphrey added QTS to its research portfolio with an initial rating of “Buy” and a price target of $65.00. July 18 investment analysts at Deutsche Bank made no change to the stock rating of “Hold” but moved up the price target to $56.00 from $49.00.
On June 6, 2016 Canaccord Genuity issued its first research report on the stock setting a rating of “Buy” and setting a price target of $63.00. Wells Fargo starting coverage on QTS with a rating of “Outperform”.