DCT Industrial Trust Inc (NYSE:DCT) will post its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect DCT Industrial Trust to post earnings of $0.16 per share for the quarter. DCT Industrial Trust has set its FY17 guidance at $2.39-2.45 EPS.

DCT Industrial Trust (NYSE:DCT) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.60 EPS for the quarter, meeting analysts’ consensus estimates of $0.60. DCT Industrial Trust had a net margin of 22.20% and a return on equity of 4.69%. The business had revenue of $104.50 million during the quarter, compared to analysts’ expectations of $106.54 million. During the same period in the prior year, the company earned $0.54 earnings per share. The business’s revenue was up 9.0% compared to the same quarter last year. On average, analysts expect DCT Industrial Trust to post $0.88 EPS for the current fiscal year and $0.76 EPS for the next fiscal year.

Shares of DCT Industrial Trust Inc (NYSE:DCT) opened at 57.80 on Thursday. The stock has a 50 day moving average of $58.80 and a 200-day moving average of $55.21. DCT Industrial Trust Inc has a one year low of $42.96 and a one year high of $60.21. The stock has a market capitalization of $5.38 billion, a PE ratio of 57.92 and a beta of 0.95.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Stockholders of record on Friday, October 6th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.15%. The ex-dividend date was Thursday, October 5th. DCT Industrial Trust’s dividend payout ratio (DPR) is presently 125.25%.

In other DCT Industrial Trust news, Director John C. Okeeffe sold 1,750 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $57.95, for a total transaction of $101,412.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

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Several research analysts have recently commented on DCT shares. KeyCorp reaffirmed a “buy” rating on shares of DCT Industrial Trust in a report on Friday, October 20th. Zacks Investment Research raised shares of DCT Industrial Trust from a “hold” rating to a “buy” rating and set a $66.00 price target for the company in a report on Tuesday, October 10th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $60.00 price target (up from $58.00) on shares of DCT Industrial Trust in a report on Wednesday, August 9th. BidaskClub raised shares of DCT Industrial Trust from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $56.00 price target on shares of DCT Industrial Trust in a report on Tuesday. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $55.55.

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.

Earnings History for DCT Industrial Trust (NYSE:DCT)

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