Several brokerages have updated their recommendations and price targets on shares of DCT Industrial Trust (NYSE: DCT) in the last few weeks:

  • 12/1/2017 – DCT Industrial Trust had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc..
  • 12/1/2017 – DCT Industrial Trust was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 11/27/2017 – DCT Industrial Trust was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “DCT INDUSTRIAL is a leading industrial real estate company that owns, operates and develops high quality bulk distribution and light industrial properties in high volume distribution markets in the U.S. and Mexico. “
  • 11/24/2017 – DCT Industrial Trust had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $59.00 price target on the stock.
  • 11/10/2017 – DCT Industrial Trust was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 11/10/2017 – DCT Industrial Trust had its price target raised by analysts at Citigroup Inc. from $56.00 to $60.00. They now have a “neutral” rating on the stock.
  • 11/8/2017 – DCT Industrial Trust was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $67.00 price target on the stock. According to Zacks, “DCT INDUSTRIAL is a leading industrial real estate company that owns, operates and develops high quality bulk distribution and light industrial properties in high volume distribution markets in the U.S. and Mexico. “
  • 10/24/2017 – DCT Industrial Trust had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $56.00 price target on the stock.
  • 10/24/2017 – DCT Industrial Trust was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “DCT INDUSTRIAL is a leading industrial real estate company that owns, operates and develops high quality bulk distribution and light industrial properties in high volume distribution markets in the U.S. and Mexico. “
  • 10/24/2017 – DCT Industrial Trust had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $57.00 price target on the stock.
  • 10/20/2017 – DCT Industrial Trust had its “buy” rating reaffirmed by analysts at KeyCorp.

DCT Industrial Trust Inc (DCT) opened at $59.23 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 0.87 and a debt-to-equity ratio of 0.84. The firm has a market cap of $5,560.03, a P/E ratio of 24.77, a P/E/G ratio of 5.68 and a beta of 0.95. DCT Industrial Trust Inc has a twelve month low of $43.95 and a twelve month high of $61.53.

DCT Industrial Trust (NYSE:DCT) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. The firm had revenue of $105.18 million during 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%. The business’s quarterly 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 earnings per share. research analysts expect that DCT Industrial Trust Inc will post 2.44 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Friday, December 22nd will be issued a $0.36 dividend. The ex-dividend date is Thursday, December 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.43%. This is a boost from DCT Industrial Trust’s previous quarterly dividend of $0.31. DCT Industrial Trust’s payout ratio is 112.73%.

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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