QTS Realty Trust (QTS) Receives Daily News Sentiment Score of 0.10
Media coverage about QTS Realty Trust (NYSE:QTS) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QTS Realty Trust earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 47.2258994998586 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s analysis:
- Financial Contrast: OUTFRONT Media (OUT) vs. QTS Realty Trust (QTS) (americanbankingnews.com)
- QTS Crosses Above Average Analyst Target (nasdaq.com)
- QTS Realty Trust Meets 80-Plus Relative Strength Rating Benchmark (finance.yahoo.com)
- Earnings Review and Free Research Report: QTS’ Revenue Jumped 10%; Operating FFO Grew 6.4% (finance.yahoo.com)
- QTS Declares $0.39 Fourth Quarter Common Stock Dividend (finance.yahoo.com)
QTS Realty Trust (NYSE QTS) traded up $0.02 on Friday, hitting $60.17. The stock had a trading volume of 97,178 shares, compared to its average volume of 432,057. The company has a market cap of $3,022.54, a price-to-earnings ratio of 23.02, a PEG ratio of 1.03 and a beta of 0.48. The company has a current ratio of 0.84, a quick ratio of 1.03 and a debt-to-equity ratio of 1.09. QTS Realty Trust has a 1-year low of $43.95 and a 1-year high of $60.60.
QTS Realty Trust (NYSE:QTS) last released its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.59. The business had revenue of $113.77 million during the quarter, compared to analyst estimates of $113.64 million. QTS Realty Trust had a return on equity of 2.10% and a net margin of 4.67%. The company’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company posted $0.67 EPS. equities research analysts expect that QTS Realty Trust will post 2.7 EPS for the current fiscal year.
Several analysts recently commented on QTS shares. BidaskClub upgraded QTS Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. TheStreet cut QTS Realty Trust from a “b-” rating to a “c” rating in a research report on Tuesday, July 25th. Zacks Investment Research upgraded QTS Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday, July 28th. Royal Bank Of Canada restated a “buy” rating and issued a $60.00 target price on shares of QTS Realty Trust in a research report on Friday, July 28th. Finally, Deutsche Bank AG restated a “hold” rating and issued a $52.00 target price (down from $53.00) on shares of QTS Realty Trust in a research report on Friday, August 11th. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. QTS Realty Trust has a consensus rating of “Buy” and an average price target of $57.85.
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In other news, insider Jon D. Greaves sold 2,500 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $54.39, for a total transaction of $135,975.00. Following the completion of the sale, the insider now directly owns 24,717 shares of the company’s stock, valued at approximately $1,344,357.63. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Chad L. Williams sold 682,576 shares of the firm’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $54.25, for a total value of $37,029,748.00. Following the sale, the chief executive officer now directly owns 236,526 shares of the company’s stock, valued at $12,831,535.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 732,541 shares of company stock valued at $39,756,070. Corporate insiders own 17.30% of the company’s stock.
About QTS Realty Trust
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.
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