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QTS Realty Trust (NYSE:QTS) has earned a consensus recommendation of “Buy” from the eight ratings firms that are covering the stock, Stock Ratings reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $29.21.

Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of QTS Realty Trust in a research note on Monday, August 25th. They now have a $28.00 price target on the stock, up previously from $27.00.

Shares of QTS Realty Trust (NYSE:QTS) opened at 30.15 on Tuesday. QTS Realty Trust has a 52 week low of $19.06 and a 52 week high of $31.72. The stock has a 50-day moving average of $28.89 and a 200-day moving average of $27.38. The company has a market cap of $870.2 million and a price-to-earnings ratio of 68.54.

QTS Realty Trust (NYSE:QTS) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.48 by $0.02. The company had revenue of $51.34 million for the quarter, compared to the consensus estimate of $50.72 million. The company’s quarterly revenue was up 19.7% on a year-over-year basis. On average, analysts predict that QTS Realty Trust will post $1.96 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 7th. Shareholders of record on Friday, September 19th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, September 17th.

QTS Realty Trust, Inc is a owner, developer and operator of carrier-neutral, multi-tenant data centers.

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