DCT Industrial Trust Company Profile (NYSE:DCT)

About DCT Industrial Trust (NYSE:DCT)

DCT Industrial Trust logoDCT 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. As of December 31, 2016, the Company owned interests in approximately 74.0 million square feet of properties leased to various customers, including 64.7 million square feet consisting of 401 consolidated operating properties that were 97.2% occupied; 7.8 million square feet consisting of 23 unconsolidated properties that were 97.8% occupied; 0.3 million square feet consisting of three consolidated properties under redevelopment, and 1.2 million square feet consisting of four consolidated properties. As of December 31, 2016, the Company's total consolidated portfolio consisted of 408 properties with an average size of 162,000 square feet.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Industrial REITs
  • Sub-Industry: Industrial REITs
  • Symbol: NYSE:DCT
  • CUSIP: 23315310
  • Web: www.dctindustrial.com
Capitalization:
  • Market Cap: $5.46463 billion
  • Outstanding Shares: 93,078,000
Average Prices:
  • 50 Day Moving Avg: $58.84
  • 200 Day Moving Avg: $54.99
  • 52 Week Range: $42.96 - $60.21
P/E:
  • Trailing P/E Ratio: 58.55
  • Foreward P/E Ratio: 22.82
  • P/E Growth: -2.30
Sales & Book Value:
  • Annual Revenue: $418.17 million
  • Price / Sales: 13.01
  • Book Value: $20.70 per share
  • Price / Book: 2.82
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 2.1%
Profitability:
  • EBITDA: $286.65 million
  • Net Margins: 22.20%
  • Return on Equity: 4.69%
  • Return on Assets: 2.43%
Debt:
  • Debt-to-Equity Ratio: 0.80%
  • Current Ratio: 1.07%
  • Quick Ratio: 1.07%
Misc:
  • Average Volume: 439,500 shs.
  • Beta: 0.95
  • Short Ratio: 3.92
 

Frequently Asked Questions for DCT Industrial Trust (NYSE:DCT)

What is DCT Industrial Trust's stock symbol?

DCT Industrial Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "DCT."

How often does DCT Industrial Trust pay dividends? What is the dividend yield for DCT Industrial Trust?

DCT Industrial Trust declared a quarterly dividend on Friday, August 4th. Investors of record on Friday, October 6th will be paid a dividend of $0.31 per share on Wednesday, October 18th. This represents a $1.24 annualized dividend and a yield of 2.12%. The ex-dividend date is Thursday, October 5th. View DCT Industrial Trust's Dividend History.

How were DCT Industrial Trust's earnings last quarter?

DCT Industrial Trust Inc (NYSE:DCT) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.60 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.60. The firm earned $104.50 million during the quarter, compared to analyst estimates of $106.54 million. DCT Industrial Trust had a net margin of 22.20% and a return on equity of 4.69%. The business's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 earnings per share. View DCT Industrial Trust's Earnings History.

When will DCT Industrial Trust make its next earnings announcement?

DCT Industrial Trust is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for DCT Industrial Trust.

What guidance has DCT Industrial Trust issued on next quarter's earnings?

DCT Industrial Trust issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $2.39-2.45 for the period, compared to the Thomson Reuters consensus estimate of $2.42.

Where is DCT Industrial Trust's stock going? Where will DCT Industrial Trust's stock price be in 2017?

9 brokerages have issued 1-year target prices for DCT Industrial Trust's shares. Their forecasts range from $47.00 to $61.00. On average, they anticipate DCT Industrial Trust's share price to reach $53.75 in the next twelve months. View Analyst Ratings for DCT Industrial Trust.

Who are some of DCT Industrial Trust's key competitors?

Who are DCT Industrial Trust's key executives?

DCT Industrial Trust's management team includes the folowing people:

  • Thomas F. August, Independent Chairman of the Board
  • Philip L. Hawkins, President, Chief Executive Officer, Director
  • Matthew T. Murphy, Chief Financial Officer, Treasurer
  • John G. Spiegleman, Executive Vice President, General Counsel, Secretary
  • Teresa L. Corral, Executive Vice President - Investments and Portfolio Management
  • Charla K. Rios, Executive Vice President - Property Management
  • Neil P. Doyle, Managing Director, Central Region
  • John V. Pharris, Managing Director, West Region
  • Michael J. Ruen, Managing Director, East Region
  • Marilyn A. Alexander, Independent Director

Who owns DCT Industrial Trust stock?

DCT Industrial Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include PGGM Investments (1.51%), Robeco Institutional Asset Management B.V. (0.16%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%), Quantitative Systematic Strategies LLC (0.02%) and Balasa Dinverno & Foltz LLC (0.01%). Company insiders that own DCT Industrial Trust stock include Jeff Phelan, John C Okeeffe, John V Pharris, Mark Skomal, Matthew T Murphy, Neil Doyle, Philip L Hawkins, Teresa Corral and Thomas G Wattles. View Institutional Ownership Trends for DCT Industrial Trust.

Who sold DCT Industrial Trust stock? Who is selling DCT Industrial Trust stock?

DCT Industrial Trust's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State Treasurer State of Michigan, Quantitative Systematic Strategies LLC and Exane Derivatives. Company insiders that have sold DCT Industrial Trust stock in the last year include John C Okeeffe, Mark Skomal, Matthew T Murphy and Philip L Hawkins. View Insider Buying and Selling for DCT Industrial Trust.

Who bought DCT Industrial Trust stock? Who is buying DCT Industrial Trust stock?

DCT Industrial Trust's stock was purchased by a variety of institutional investors in the last quarter, including PGGM Investments, Balasa Dinverno & Foltz LLC, Meeder Asset Management Inc. and Mutual of America Capital Management LLC. View Insider Buying and Selling for DCT Industrial Trust.

How do I buy DCT Industrial Trust stock?

Shares of DCT Industrial Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is DCT Industrial Trust's stock price today?

One share of DCT Industrial Trust stock can currently be purchased for approximately $58.43.


MarketBeat Community Rating for DCT Industrial Trust (NYSE DCT)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  440
MarketBeat's community ratings are surveys of what our community members think about DCT Industrial Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for DCT Industrial Trust (NYSE:DCT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $53.75 (8.01% downside)
Consensus Price Target History for DCT Industrial Trust (NYSE:DCT)
Price Target History for DCT Industrial Trust (NYSE:DCT)
Analysts' Ratings History for DCT Industrial Trust (NYSE:DCT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017KeyCorpReiterated RatingBuyN/AView Rating Details
9/29/2017Janney Montgomery ScottInitiated CoverageNeutral -> Neutral$59.00LowView Rating Details
9/11/2017BMO Capital MarketsReiterated RatingMarket Perform$61.00LowView Rating Details
8/9/2017Stifel NicolausReiterated RatingBuy$58.00 -> $60.00LowView Rating Details
6/23/2017Jefferies Group LLCInitiated CoverageHold$53.00LowView Rating Details
5/15/2017Citigroup Inc.Reiterated RatingNeutral$49.00 -> $52.00LowView Rating Details
2/8/2017Capital One Financial CorporationUpgradeEqual Weight -> Overweight$50.00N/AView Rating Details
12/16/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$47.00N/AView Rating Details
11/7/2016MizuhoLower Price TargetNeutral$51.00 -> $48.00N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
5/23/2016Evercore ISIDowngradeBuy -> Hold$44.00N/AView Rating Details
4/21/2016Raymond James Financial, Inc.Initiated CoverageOutperform$43.00N/AView Rating Details
3/16/2016Credit Suisse GroupInitiated CoverageNeutral$40.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for DCT Industrial Trust (NYSE:DCT)
Earnings by Quarter for DCT Industrial Trust (NYSE:DCT)
Earnings History by Quarter for DCT Industrial Trust (NYSE DCT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.16N/AView Earnings Details
8/3/2017Q2 2017$0.60$0.60$106.54 million$104.50 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.58$0.61$103.61 million$105.90 millionViewListenView Earnings Details
2/2/2017Q416$0.57$0.59$101.68 million$102.23 millionViewListenView Earnings Details
11/3/2016Q316$0.55$0.60$63.71 million$100.27 millionViewN/AView Earnings Details
8/4/2016Q216$0.54$0.54$94.94 million$95.90 millionViewN/AView Earnings Details
5/5/2016Q116$0.51$0.54$89.99 million$94.40 millionViewN/AView Earnings Details
2/4/2016Q415$0.51$0.53$89.61 million$89.29 millionViewN/AView Earnings Details
10/29/2015Q315$0.50$0.50$89.35 million$88.40 millionViewListenView Earnings Details
7/30/2015Q215$0.48$0.20$88.87 million$88.54 millionViewListenView Earnings Details
4/30/2015Q115$0.47$0.32$85.56 million$88.40 millionViewN/AView Earnings Details
2/5/2015Q414$0.48$0.47$85.51 million$84.90 millionViewN/AView Earnings Details
10/30/2014Q314$0.12$0.12$85.20 million$84.60 millionViewN/AView Earnings Details
7/31/2014Q214$0.12$0.12$83.38 million$83.16 millionViewN/AView Earnings Details
5/1/2014Q114$0.11$0.11$77.85 million$83.40 millionViewN/AView Earnings Details
2/6/2014Q413$0.11$0.11$74.88 million$77.10 millionViewN/AView Earnings Details
10/31/2013Q313$0.11$0.12$74.60 million$74.35 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.11$0.11$73.15 million$73.64 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.10$0.11$70.14 million$73.20 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.10$0.11$68.76 million$69.40 millionViewN/AView Earnings Details
11/1/2012Q312$0.10$0.10$64.92 million$68.26 millionViewN/AView Earnings Details
8/2/2012$0.10$0.10ViewN/AView Earnings Details
5/2/2012$0.10$0.11ViewN/AView Earnings Details
2/9/2012$0.10$0.11ViewN/AView Earnings Details
11/1/2011$0.09$0.10ViewN/AView Earnings Details
8/4/2011$0.09$0.10ViewN/AView Earnings Details
5/2/2011$0.09$0.09ViewN/AView Earnings Details
2/8/2011$0.10$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for DCT Industrial Trust (NYSE:DCT)
2017 EPS Consensus Estimate: $2.38
2018 EPS Consensus Estimate: $2.56
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.57$0.58$0.57
Q2 20174$0.58$0.60$0.59
Q3 20174$0.60$0.61$0.61
Q4 20174$0.60$0.63$0.62
Q1 20181$0.61$0.61$0.61
Q2 20181$0.64$0.64$0.64
Q3 20181$0.65$0.65$0.65
Q4 20181$0.66$0.66$0.66
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for DCT Industrial Trust (NYSE:DCT)
Most Recent Dividend:10/18/2017
Annual Dividend:$1.24
Dividend Yield:2.12%
Dividend Growth:1.20% (3 Year Average)
Payout Ratio:125.25% (Trailing 12 Months of Earnings)
51.03% (Based on This Year's Estimates)
48.44% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for DCT Industrial Trust (NYSE:DCT)

Dividend History by Quarter for DCT Industrial Trust (NYSE DCT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.312.18%10/5/201710/6/201710/18/2017
5/11/2017quarterly$0.312.42%6/28/20176/30/20177/12/2017
2/3/2017quarterly$0.312.69%3/29/20173/31/20174/12/2017
11/4/2016quarterly$0.312.76%12/21/201612/23/20161/5/2017
8/5/2016quarterly$0.292.37%10/5/201610/7/201610/19/2016
5/6/2016quarterly$0.292.76%6/29/20167/1/20167/13/2016
2/8/2016quarterly$0.293.33%3/30/20164/1/20164/13/2016
11/11/2015quarterly$0.293.15%12/22/201512/24/20151/7/2016
7/31/2015quarterly$0.283.22%9/30/201510/2/201510/14/2015
5/4/2015quarterly$0.283.31%6/30/20157/2/20157/15/2015
2/6/2015quarterly$0.283.03%3/31/20154/3/20154/15/2015
10/30/2014quarterly$0.2813.07%12/22/201412/24/20141/10/2015
7/31/2014quarterly$0.073.56%10/1/201410/3/201410/15/2014
5/1/2014quarterly$0.073.55%7/1/20147/3/20147/16/2014
2/6/2014quarterly$0.073.67%4/2/20144/4/20144/16/2014
10/31/2013quarterly$0.073.54%12/24/201312/27/20131/9/2014
8/1/2013quarterly$0.073.82%10/2/201310/4/201310/16/2013
5/3/2013quarterly$0.073.5%7/2/20137/5/20137/17/2013
2/7/2013quarterly$0.073.93%4/3/20134/5/20134/17/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for DCT Industrial Trust (NYSE:DCT)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 95.41%
Insider Trades by Quarter for DCT Industrial Trust (NYSE:DCT)
Institutional Ownership by Quarter for DCT Industrial Trust (NYSE:DCT)
Insider Trades by Quarter for DCT Industrial Trust (NYSE:DCT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2017John C. OkeeffeDirectorSell1,750$57.95$101,412.50View SEC Filing  
6/5/2017Mark SkomalInsiderSell1,320$53.66$70,831.20View SEC Filing  
6/1/2017Matthew T MurphyCFOSell7,481$52.90$395,744.90View SEC Filing  
5/10/2017Philip L HawkinsInsiderSell19,731$51.39$1,013,976.09View SEC Filing  
12/2/2016Matthew T MurphyCFOSell16,170$45.41$734,279.70View SEC Filing  
6/9/2016John C OkeeffeDirectorSell2,250$45.61$102,622.50View SEC Filing  
5/20/2016Mark SkomalCAOSell1,200$42.00$50,400.00View SEC Filing  
5/13/2016Neil DoyleDirectorSell15,000$42.52$637,800.00View SEC Filing  
5/10/2016John V PharrisDirectorSell5,807$43.09$250,223.63View SEC Filing  
3/11/2016Teresa CorralEVPSell1,419$38.01$53,936.19View SEC Filing  
3/3/2016Philip L HawkinsCEOSell26,000$37.64$978,640.00View SEC Filing  
2/26/2016John V PharrisDirectorSell2,722$36.53$99,434.66View SEC Filing  
12/18/2015Matthew T MurphyCFOSell2,700$37.18$100,386.00View SEC Filing  
12/17/2015Thomas G WattlesChairmanSell35,000$37.79$1,322,650.00View SEC Filing  
12/15/2015Jeff PhelanPresidentSell28,470$37.00$1,053,390.00View SEC Filing  
12/2/2015John C OkeeffeDirectorSell10,500$38.52$404,460.00View SEC Filing  
12/1/2015Jeff PhelanPresidentSell28,637$38.53$1,103,383.61View SEC Filing  
12/1/2015Mark SkomalCAOSell2,142$38.51$82,488.42View SEC Filing  
3/16/2015John V PharrisDirectorSell4,255$34.40$146,372.00View SEC Filing  
12/15/2014Thomas G WattlesChairmanSell28,241$33.50$946,073.50View SEC Filing  
12/9/2014Philip L HawkinsCEOSell20,000$34.44$688,800.00View SEC Filing  
2/12/2014Philip HawkinsCEOSell125,000$7.67$958,750.00View SEC Filing  
5/31/2013Bruce L WarwickDirectorSell20,000$7.40$148,000.00View SEC Filing  
5/10/2013Mark SkomalCAOSell7,150$8.25$58,987.50View SEC Filing  
5/10/2013Teresa CorralEVPSell51,224$8.22$421,061.28View SEC Filing  
5/7/2013Matthew T MurphyCFOSell30,000$8.24$247,200.00View SEC Filing  
5/7/2013Philip L HawkinsCEOSell125,000$8.26$1,032,500.00View SEC Filing  
5/7/2013Thomas G WattlesChairmanSell376,895$8.26$3,113,152.70View SEC Filing  
12/3/2012Matthew T MurphyCFOSell32,000$6.30$201,600.00View SEC Filing  
11/26/2012Philip L HawkinsCEOSell100,000$6.32$632,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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DCT Industrial Trust (DCT) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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