About DCT Industrial Trust (NYSE:DCT)
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. 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
Industry Real estate investment trusts
Sub-IndustryIndustrial REITs
SectorFinance
SymbolNYSE:DCT
CUSIP23315310
Phone303-597-2400
Debt
Debt-to-Equity Ratio0.84%
Current Ratio0.70%
Quick Ratio0.70%
Price-To-Earnings
Trailing P/E Ratio23.28
Forward P/E Ratio22.19
P/E Growth5.9
Sales & Book Value
Annual Sales$424.47 million
Price / Sales12.59
Cash Flow$2.9276 per share
Price / Cash19.48
Book Value$22.01 per share
Price / Book2.59
Profitability
EPS (Most Recent Fiscal Year)$2.45
Net Income$103.49 million
Net Margins24.34%
Return on Equity5.27%
Return on Assets2.71%
Miscellaneous
Employees145
Outstanding Shares93,710,000
DCT Industrial Trust (NYSE:DCT) Frequently Asked Questions
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 announced a quarterly dividend on Friday, February 2nd. Stockholders of record on Friday, March 30th will be paid a dividend of $0.36 per share on Wednesday, April 11th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date is Wednesday, March 28th. View DCT Industrial Trust's Dividend History.
How were DCT Industrial Trust's earnings last quarter?
DCT Industrial Trust Inc (NYSE:DCT) issued its quarterly earnings results on Thursday, February, 1st. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.38. The real estate investment trust earned $108.90 million during the quarter, compared to analysts' expectations of $106.66 million. DCT Industrial Trust had a return on equity of 5.27% and a net margin of 24.34%. DCT Industrial Trust's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 earnings per share. View DCT Industrial Trust's Earnings History.
When is DCT Industrial Trust's next earnings date?
What guidance has DCT Industrial Trust issued on next quarter's earnings?
DCT Industrial Trust updated its FY17 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of $2.52-$2.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.46.
What price target have analysts set for DCT?
10 analysts have issued 1 year target prices for DCT Industrial Trust's shares. Their predictions range from $55.00 to $60.00. On average, they expect DCT Industrial Trust's share price to reach $58.3333 in the next twelve months. View Analyst Ratings for DCT Industrial Trust.
Who are some of DCT Industrial Trust's key competitors?
Some companies that are related to DCT Industrial Trust include HCP (HCP), Mid-America Apartment Communities (MAA), Sino Land (SNLAY), Regency Centers (REG), Iron Mountain (IRM), UDR (UDR), Duke Realty (DRE), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Macerich (MAC), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Gaming and Leisure Properties (GLPI), Sun Communities (SUI), AGNC Investment (AGNC), Kilroy Realty (KRC), Vici Properties (VICI) and VEREIT (VER).
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 (Age 68)
- Philip L. Hawkins, President, Chief Executive Officer, Director (Age 61)
- Matthew T. Murphy, Chief Financial Officer, Treasurer (Age 52)
- John G. Spiegleman, Executive Vice President, General Counsel, Secretary (Age 49)
- Teresa L. Corral, Executive Vice President - Investments and Portfolio Management (Age 53)
- Charla K. Rios, Executive Vice President - Property Management (Age 55)
- Neil P. Doyle, Managing Director, Central Region (Age 47)
- John V. Pharris, Managing Director, West Region (Age 52)
- Michael J. Ruen, Managing Director, East Region (Age 50)
- Marcus L. Smith, Director
Has DCT Industrial Trust been receiving favorable news coverage?
Headlines about DCT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DCT Industrial Trust earned a media sentiment score of 0.21 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 45.52 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
How do I buy shares of DCT Industrial Trust?
Shares of DCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 stock can currently be purchased for approximately $57.03.
How big of a company is DCT Industrial Trust?
DCT Industrial Trust has a market capitalization of $5.38 billion and generates $424.47 million in revenue each year. The real estate investment trust earns $103.49 million in net income (profit) each year or $2.45 on an earnings per share basis. DCT Industrial Trust employs 145 workers across the globe.
How can I contact DCT Industrial Trust?
DCT Industrial Trust's mailing address is 555 17TH STREET SUITE 3700, DENVER CO, 80202. The real estate investment trust can be reached via phone at 303-597-2400 or via email at [email protected]
MarketBeat Community Rating for DCT Industrial Trust (DCT)
MarketBeat's community ratings are surveys of what our community members think about DCT Industrial Trust and other stocks. Vote "Outperform" if you believe DCT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DCT will underperform the S&P 500 over the long term. You may vote once every thirty days.
DCT Industrial Trust (NYSE:DCT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for DCT Industrial Trust in the last 12 months. Their average twelve-month price target is $58.3333, suggesting that the stock has a possible upside of 2.29%. The high price target for DCT is $60.00 and the low price target for DCT is $55.00. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.10 | 2.20 |
| Ratings Breakdown: | 2 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $58.3333 | $58.3333 | $57.4444 | $53.8889 |
| Price Target Upside: | 2.29% upside | 10.71% upside | 0.23% upside | 8.21% downside |
DCT Industrial Trust (NYSE:DCT) Consensus Price Target History
DCT Industrial Trust (NYSE:DCT) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
DCT Industrial Trust (NYSE:DCT) Dividend Information
DCT Industrial Trust pays an annual dividend of $1.44 per share, with a dividend yield of 2.52%. DCT's most recent quarterly dividend payment was Wednesday, April 11. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 3.50% each year. DCT Industrial Trust pays out 58.78% of its earnings out as a dividend.
| Most Recent Dividend: | 4/11/2018 |
| Annual Dividend: | $1.44 |
| Dividend Yield: | 2.52% |
| Dividend Growth: | 3.50% (3 Year Average) |
| Payout Ratio: | 58.78% (Trailing 12 Months of Earnings)
56.03% (Based on This Year's Estimates)
52.75% (Based on Next Year's Estimates)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
DCT Industrial Trust (NYSE:DCT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/2/2018 | quarterly | $0.36 | 2.48% | 3/28/2018 | 3/30/2018 | 4/11/2018 |
| 11/3/2017 | quarterly | $0.36 | 2.43% | 12/21/2017 | 12/22/2017 | 1/4/2018 |
| 8/4/2017 | quarterly | $0.31 | 2.18% | 10/5/2017 | 10/6/2017 | 10/18/2017 |
| 5/11/2017 | quarterly | $0.31 | 2.42% | 6/28/2017 | 6/30/2017 | 7/12/2017 |
| 2/3/2017 | quarterly | $0.31 | 2.69% | 3/29/2017 | 3/31/2017 | 4/12/2017 |
| 11/4/2016 | quarterly | $0.31 | 2.76% | 12/21/2016 | 12/23/2016 | 1/5/2017 |
| 8/5/2016 | quarterly | $0.29 | 2.37% | 10/5/2016 | 10/7/2016 | 10/19/2016 |
| 5/6/2016 | quarterly | $0.29 | 2.76% | 6/29/2016 | 7/1/2016 | 7/13/2016 |
| 2/8/2016 | quarterly | $0.29 | 3.33% | 3/30/2016 | 4/1/2016 | 4/13/2016 |
| 11/11/2015 | quarterly | $0.29 | 3.15% | 12/22/2015 | 12/24/2015 | 1/7/2016 |
| 7/31/2015 | quarterly | $0.28 | 3.22% | 9/30/2015 | 10/2/2015 | 10/14/2015 |
| 5/4/2015 | quarterly | $0.28 | 3.31% | 6/30/2015 | 7/2/2015 | 7/15/2015 |
| 2/6/2015 | quarterly | $0.28 | 3.03% | 3/31/2015 | 4/3/2015 | 4/15/2015 |
| 10/30/2014 | quarterly | $0.28 | 13.07% | 12/22/2014 | 12/24/2014 | 1/10/2015 |
| 7/31/2014 | quarterly | $0.07 | 3.56% | 10/1/2014 | 10/3/2014 | 10/15/2014 |
| 5/1/2014 | quarterly | $0.07 | 3.55% | 7/1/2014 | 7/3/2014 | 7/16/2014 |
| 2/6/2014 | quarterly | $0.07 | 3.67% | 4/2/2014 | 4/4/2014 | 4/16/2014 |
| 10/31/2013 | quarterly | $0.07 | 3.54% | 12/24/2013 | 12/27/2013 | 1/9/2014 |
| 8/1/2013 | quarterly | $0.07 | 3.82% | 10/2/2013 | 10/4/2013 | 10/16/2013 |
| 5/3/2013 | quarterly | $0.07 | 3.5% | 7/2/2013 | 7/5/2013 | 7/17/2013 |
| 2/7/2013 | quarterly | $0.07 | 3.93% | 4/3/2013 | 4/5/2013 | 4/17/2013 |
(Data available from 1/1/2013 forward)
DCT Industrial Trust (NYSE DCT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 96.25%
DCT Industrial Trust (NYSE DCT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/16/2018 | Matthew T Murphy | CFO | Sell | 18,000 | $57.35 | $1,032,300.00 | |  |
| 2/23/2018 | John V Pharris | Insider | Sell | 3,362 | $55.93 | $188,036.66 | 4,261 | |
| 8/25/2017 | John C. Okeeffe | Director | Sell | 1,750 | $57.95 | $101,412.50 | | |
| 6/5/2017 | Mark Skomal | Insider | Sell | 1,320 | $53.66 | $70,831.20 | 1,167 | |
| 6/1/2017 | Matthew T Murphy | CFO | Sell | 7,481 | $52.90 | $395,744.90 | 37 | |
| 5/10/2017 | Philip L Hawkins | Insider | Sell | 19,731 | $51.39 | $1,013,976.09 | 142,167 | |
| 12/2/2016 | Matthew T Murphy | CFO | Sell | 16,170 | $45.41 | $734,279.70 | 7,481 | |
| 6/9/2016 | John C Okeeffe | Director | Sell | 2,250 | $45.61 | $102,622.50 | 8,600 | |
| 5/20/2016 | Mark Skomal | CAO | Sell | 1,200 | $42.00 | $50,400.00 | 500 | |
| 5/13/2016 | Neil Doyle | Director | Sell | 15,000 | $42.52 | $637,800.00 | 15,000 | |
| 5/10/2016 | John V Pharris | Director | Sell | 5,807 | $43.09 | $250,223.63 | 12,516 | |
| 3/11/2016 | Teresa Corral | EVP | Sell | 1,419 | $38.01 | $53,936.19 | | |
| 3/3/2016 | Philip L Hawkins | CEO | Sell | 26,000 | $37.64 | $978,640.00 | 92,921 | |
| 2/26/2016 | John V Pharris | Director | Sell | 2,722 | $36.53 | $99,434.66 | 18,323 | |
| 12/18/2015 | Matthew T Murphy | CFO | Sell | 2,700 | $37.18 | $100,386.00 | 23,651 | |
| 12/17/2015 | Thomas G Wattles | Chairman | Sell | 35,000 | $37.79 | $1,322,650.00 | | |
| 12/15/2015 | Jeff Phelan | President | Sell | 28,470 | $37.00 | $1,053,390.00 | 28,470 | |
| 12/2/2015 | John C Okeeffe | Director | Sell | 10,500 | $38.52 | $404,460.00 | 9,029 | |
| 12/1/2015 | Jeff Phelan | President | Sell | 28,637 | $38.53 | $1,103,383.61 | 56,940 | |
| 12/1/2015 | Mark Skomal | CAO | Sell | 2,142 | $38.51 | $82,488.42 | 500 | |
| 3/16/2015 | John V Pharris | Director | Sell | 4,255 | $34.40 | $146,372.00 | | |
| 12/15/2014 | Thomas G Wattles | Chairman | Sell | 28,241 | $33.50 | $946,073.50 | | |
| 12/9/2014 | Philip L Hawkins | CEO | Sell | 20,000 | $34.44 | $688,800.00 | | |
| 2/12/2014 | Philip Hawkins | CEO | Sell | 125,000 | $7.67 | $958,750.00 | 535,373 | |
| 5/31/2013 | Bruce L Warwick | Director | Sell | 20,000 | $7.40 | $148,000.00 | | |
| 5/10/2013 | Mark Skomal | CAO | Sell | 7,150 | $8.25 | $58,987.50 | | |
| 5/10/2013 | Teresa Corral | EVP | Sell | 51,224 | $8.22 | $421,061.28 | | |
| 5/7/2013 | Matthew T Murphy | CFO | Sell | 30,000 | $8.24 | $247,200.00 | | |
| 5/7/2013 | Philip L Hawkins | CEO | Sell | 125,000 | $8.26 | $1,032,500.00 | | |
| 5/7/2013 | Thomas G Wattles | Chairman | Sell | 376,895 | $8.26 | $3,113,152.70 | | |
| 12/3/2012 | Matthew T Murphy | CFO | Sell | 32,000 | $6.30 | $201,600.00 | | |
| 11/26/2012 | Philip L Hawkins | CEO | Sell | 100,000 | $6.32 | $632,000.00 | | |
(Data available from 1/1/2013 forward)
DCT Industrial Trust (NYSE DCT) News Headlines
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DCT Industrial Trust (NYSE:DCT) SEC Filings
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DCT Industrial Trust (NYSE:DCT) Income Statement, Balance Sheet and Cash Flow Statement
DCT Industrial Trust (NYSE DCT) Stock Chart for Friday, April, 20, 2018
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