About QTS Realty Trust (NYSE:QTS)
QTS Realty Trust, Inc. (NYSE: QTS) is a leading provider of secure, compliant data center solutions, hybrid cloud and fully managed services. QTS' integrated technology service platform of custom data center (C1), colocation (C2) and cloud and managed services (C3) provides flexible, scalable, secure IT solutions for web and IT applications. QTS' Critical Facilities Management (CFM) provides increased efficiency and greater performance for third-party data center owners and operators. QTS owns, operates or manages 25 data centers and supports more than 1,100 customers primarily in North America.
Industry, Sector and Symbol
Industry Real estate investment trusts
Trailing P/E Ratio12.33
Forward P/E Ratio12.85
Sales & Book Value
Annual Sales$446.51 million
Price / Sales3.86
Cash Flow$3.4877 per share
Price / Cash9.76
Book Value$19.69 per share
Price / Book1.73
EPS (Most Recent Fiscal Year)$2.76
Net Income$1.28 million
Return on Equity3.15%
Return on Assets1.36%
QTS Realty Trust (NYSE:QTS) Frequently Asked Questions
What is QTS Realty Trust's stock symbol?
QTS Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "QTS."
How often does QTS Realty Trust pay dividends? What is the dividend yield for QTS Realty Trust?
QTS Realty Trust announced a quarterly dividend on Wednesday, February 21st. Investors of record on Thursday, March 22nd will be given a dividend of $0.41 per share on Thursday, April 5th. This represents a $1.64 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date of this dividend is Wednesday, March 21st. This is a boost from QTS Realty Trust's previous quarterly dividend of $0.39. View QTS Realty Trust's Dividend History.
How were QTS Realty Trust's earnings last quarter?
QTS Realty Trust (NYSE:QTS) posted its quarterly earnings results on Monday, April, 30th. The real estate investment trust reported $0.68 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.12 by $0.56. The real estate investment trust earned $113.70 million during the quarter, compared to analysts' expectations of $99.23 million. QTS Realty Trust had a net margin of 0.29% and a return on equity of 3.15%. The business's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. View QTS Realty Trust's Earnings History.
When is QTS Realty Trust's next earnings date?
What guidance has QTS Realty Trust issued on next quarter's earnings?
QTS Realty Trust issued an update on its FY18 earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $2.55-2.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.59. The company issued revenue guidance of $408-422 million, compared to the consensus revenue estimate of $418.89 million.
What price target have analysts set for QTS?
17 Wall Street analysts have issued twelve-month price targets for QTS Realty Trust's shares. Their forecasts range from $31.00 to $65.00. On average, they anticipate QTS Realty Trust's stock price to reach $48.7333 in the next year. View Analyst Ratings for QTS Realty Trust.
What are Wall Street analysts saying about QTS Realty Trust stock?
Here are some recent quotes from research analysts about QTS Realty Trust stock:
- 1. Credit Suisse Group AG analysts commented, "We view the fully updated 2018 guidance as a negative when taking into account the business transition to phase out the non-core C3 business and restructure the company towards its new hybrid model. In particular, we view the churn guidance rate of 3-6% for the core business as a negative because this implies that the complete churn rate for the year may exceed the already high 2017 level of 8.4%, which we note is the highest among QTS’ data center REIT peers. We expect to learn more on the earnings conference call on the company’s 2018 plans. Reiterate Underperform on QTS, $43 Target Price (Current Share Price below $43 After-Hours): Following our QTS downgrade to Underperform (see our note “QTS: Pressures Mounting Against QTS”), we await quarter and the full year guidance commentary from company management for more details." (2/20/2018)
- 2. According to Zacks Investment Research, "QTS Realty Trust Inc. is a real estate investment trust. It is an owner, developer and operator of carrier-neutral, multi-tenant data centers. QTS's data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company refers to its spectrum of core data center products as its 3Cs which consists of Custom Data Center, Colocation and Cloud and Managed Services. QTS Realty Trust Inc. is headquartered in Kansas, United States. " (2/21/2018)
- 3. Canaccord Genuity analysts commented, "Date and time of first dissemination: May 02, 2017, 05:09 ET Date and time of production: May 02, 2017, 05:10 ET Target Price / Valuation Methodology: QTS Realty Trust – QTS Our $59 price target represents a constant 18x multiple applied to our 2018 FFO per share estimate." (5/2/2017)
Who are some of QTS Realty Trust's key competitors?
Some companies that are related to QTS Realty Trust include Kilroy Realty (KRC), Vici Properties (VICI), W. P. Carey (WPC), VEREIT (VER), Apartment Inv & Mgmt (AIV), Douglas Emmett (DEI), RioCan Real Estate Investment Trust (RIOCF), Howard Hughes (HHC), Liberty Property Trust (LPT), National Retail Properties (NNN), Kimco Realty (KIM), Hammerson (HMSNF), American Homes 4 Rent (AMH), New Residential Inv (NRZ) and Starwood Property Trust (STWD).
Who are QTS Realty Trust's key executives?
QTS Realty Trust's management team includes the folowing people:
- Mr. Chad L. Williams, Chairman & CEO
- Mr. Jeffrey H. Berson, Chief Financial Officer (Age 50)
- Mr. William H. Schafer, Exec. VP, Fin. & Accounting (Age 60)
- Mr. Daniel T. Bennewitz, Chief Operating Officer of Sales & Marketing (Age 59)
- Mr. James H. Reinhart, Exec. Officer (Age 53)
Has QTS Realty Trust been receiving favorable news coverage?
Media headlines about QTS stock have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. QTS Realty Trust earned a media sentiment score of 0.13 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 45.98 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
How do I buy shares of QTS Realty Trust?
Shares of QTS 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 QTS Realty Trust's stock price today?
One share of QTS stock can currently be purchased for approximately $34.04.
How big of a company is QTS Realty Trust?
QTS Realty Trust has a market capitalization of $1.70 billion and generates $446.51 million in revenue each year. The real estate investment trust earns $1.28 million in net income (profit) each year or $2.76 on an earnings per share basis. QTS Realty Trust employs 818 workers across the globe.
How can I contact QTS Realty Trust?
QTS Realty Trust's mailing address is 12851 FOSTER STREET SUITE 205, OVERLAND PARK KS, 66213. The real estate investment trust can be reached via phone at 913-312-5503 or via email at [email protected]
MarketBeat Community Rating for QTS Realty Trust (QTS)MarketBeat's community ratings are surveys of what our community members think about QTS Realty Trust and other stocks. Vote "Outperform" if you believe QTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
QTS Realty Trust (NYSE:QTS) 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.
17 Wall Street analysts have issued ratings and price targets for QTS Realty Trust in the last 12 months. Their average twelve-month price target is $48.7333, suggesting that the stock has a possible upside of 43.16%. The high price target for QTS is $65.00 and the low price target for QTS is $31.00. There are currently 2 sell ratings, 6 hold ratings and 9 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||Buy||Buy|
|Consensus Rating Score: ||2.41||2.47||2.58||2.67|
|Ratings Breakdown: ||2 Sell Rating(s)|
6 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
5 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
3 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$48.7333||$50.7857||$57.9167||$57.3333|
|Price Target Upside: ||43.16% upside||34.57% upside||10.38% upside||0.12% downside|
QTS Realty Trust (NYSE:QTS) Consensus Price Target History
QTS Realty Trust (NYSE:QTS) Analyst Ratings History
(Data available from 4/25/2016 forward)
QTS Realty Trust (NYSE:QTS) Dividend Information
QTS Realty Trust pays an annual dividend of $1.64 per share, with a dividend yield of 4.82%. QTS's most recent quarterly dividend payment was Thursday, April 5. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 11.30% each year. QTS Realty Trust pays out 59.42% of its earnings out as a dividend.
|Most Recent Dividend:||4/5/2018|
|Dividend Growth:||11.30% (3 Year Average)|
|Payout Ratio:||59.42% (Trailing 12 Months of Earnings) |
61.89% (Based on This Year's Estimates)
55.41% (Based on Next Year's Estimates)
|Track Record:||3 Years of Consecutive Dividend Growth|
QTS Realty Trust (NYSE:QTS) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
QTS Realty Trust (NYSE QTS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 16.10%
QTS Realty Trust (NYSE QTS) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/4/2017||William H Schafer||EVP||Sell||12,500||$54.46||$680,750.00|| |
|11/22/2017||James H Reinhart||COO||Sell||4,050||$58.42||$236,601.00||65,595|| |
|11/21/2017||Shirley E Goza||Insider||Sell||11,507||$58.24||$670,167.68||16,770|| |
|11/16/2017||Daniel T Bennewitz||Insider||Sell||9,144||$57.46||$525,414.24||58,624|| |
|9/12/2017||James H Reinhart||COO||Sell||3,545||$55.22||$195,754.90||74,837|| |
|8/31/2017||Jon D Greaves||Insider||Sell||2,500||$54.39||$135,975.00||24,717|| |
|8/17/2017||William H Schafer||EVP||Sell||16,260||$54.47||$885,682.20||67,735|| |
|8/16/2017||Jeffrey H Berson||CFO||Sell||18,235||$54.61||$995,813.35||51,751|| |
|8/15/2017||Stephen E Westhead||Director||Sell||9,425||$54.44||$513,097.00||11,349|| |
|8/14/2017||Chad L Williams||CEO||Sell||682,576||$54.25||$37,029,748.00||236,526|| |
|6/13/2017||Stephen E Westhead||Director||Sell||10,000||$53.08||$530,800.00||11,924|| |
|5/26/2017||Stephen E Westhead||Director||Sell||11,000||$52.36||$575,960.00||12,924|| |
|5/17/2017||Stephen E Westhead||Director||Sell||1,217||$50.25||$61,154.25||1,924|| |
|5/5/2017||Stephen E Westhead||Director||Sell||500||$49.75||$24,875.00||3,141|| |
|5/4/2017||Stephen E Westhead||Director||Sell||1,600||$49.74||$79,584.00||3,641|| |
|11/4/2016||Jeffrey H Berson||Insider||Buy||3,300||$45.00||$148,500.00||56,556|| |
|6/17/2016||Daniel T Bennewitz||Insider||Sell||9,150||$54.00||$494,100.00||59,866|| |
|6/14/2016||John W Barter||Director||Sell||28,568||$54.29||$1,550,956.72||12,204|| |
|6/10/2016||Jeffrey H Berson||CIO||Sell||6,505||$53.97||$351,074.85||56,076|| |
|6/9/2016||John W Barter||Director||Sell||10,533||$54.52||$574,259.16||10,420|| |
|6/9/2016||Shirley E Goza||Insider||Sell||18,587||$54.38||$1,010,761.06||26,794|| |
|3/15/2016||Jeffrey H Berson||CIO||Sell||16,000||$45.77||$732,320.00||63,880|| |
|12/11/2015||Shirley E. Goza||insider||Sell||36,426||$41.40||$1,508,036.40||18,396|| |
|11/10/2015||Ga Qts Interholdco, Llc||Insider||Sell||1,690,000||$41.45||$70,050,500.00|| |
|11/9/2015||Shirley E Goza||Insider||Sell||3,041||$42.30||$128,634.30||18,396|| |
|9/15/2015||Ga Qts Interholdco, Llc||Insider||Sell||261,000||$41.00||$10,701,000.00|| |
|8/14/2015||Ga Qts Interholdco, Llc||Insider||Sell||2,400,000||$41.00||$98,400,000.00|| |
|6/5/2015||Ga Qts Interholdco, Llc||Insider||Sell||2,300,000||$35.43||$81,489,000.00|| |
|10/15/2013||Chad L Williams||CEO||Buy||47,619||$21.00||$999,999.00|| |
|10/15/2013||Ga Qts Interholdco, Llc||Insider||Buy||2,000,000||$21.00||$42,000,000.00|| |
QTS Realty Trust (NYSE QTS) News Headlines
QTS Realty Trust (NYSE:QTS) SEC Filings
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QTS Realty Trust (NYSE:QTS) Income Statement, Balance Sheet and Cash Flow Statement
QTS Realty Trust (NYSE QTS) Stock Chart for Wednesday, April, 25, 2018