About QTS Realty Trust (NYSE:QTS)
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. The Company has an integrated platform through which it owns and operates its data centers and provides a range of information technology (IT) infrastructure solutions. Its spectrum of core data center products is referred to as 3Cs, which consists of Custom Data Center (C1), Colocation (C2), and Cloud and Managed Services (C3). Its 3C integrated technology platform provides information technology solutions for Web and information technology applications. Its data centers facilities are used by its customers to house, power and cool the networking equipment and computer systems that support their business processes.
Industry, Sector and Symbol
Industry REAL ESTATE
Trailing P/E Ratio1826.5
Forward P/E Ratio13.91
Sales & Book Value
Annual Sales$446.51 million
Price / Sales4.13
Cash Flow$3.37 per share
Price / Cash10.81
Book Value$19.69 per share
Price / Book1.85
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. Shareholders 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 annualized dividend and a yield of 4.50%. The ex-dividend date 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 Inc (NYSE:QTS) posted its earnings results on Tuesday, February, 20th. The real estate investment trust reported $0.79 EPS for the quarter, beating the Zacks' consensus estimate of $0.74 by $0.05. The real estate investment trust had revenue of $118.90 million for the quarter, compared to analysts' expectations of $118.30 million. QTS Realty Trust had a net margin of 0.29% and a return on equity of 3.15%. QTS Realty Trust's revenue was up 12.8% compared to the same quarter last year. During the same period last year, the company earned $0.64 earnings per share. View QTS Realty Trust's Earnings History.
When will QTS Realty Trust make its next earnings announcement?
Where is QTS Realty Trust's stock going? Where will QTS Realty Trust's stock price be in 2018?
17 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 $50.79 in the next twelve months. 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 HRPT Properties Trust (EQC), Cousins Properties (CUZ), Gramercy Property Trust (GPT), CoreSite (COR), Spirit Realty Capital (SRC), Weingarten Realty Investors (WRI), First Industrial Realty Trust (FR), RLJ Lodging Trust (RLJ), Paramount Group (PGRE), Taubman Centers (TCO), Healthcare Realty Trust (HR), Blackstone Mortgage Trust (BXMT), Realogy (RLGY), Hopewell (HOWWY), Sunstone Hotel Investors (SHO), Chimera Investment (CIM), Colony NorthStar (CLNS) and Sabra Health Care REIT (SBRA).
Who are QTS Realty Trust's key executives?
QTS Realty Trust's management team includes the folowing people:
- Chad L. Williams, Chairman of the Board, Chief Executive Officer (Age 46)
- Jeffrey H. Berson, Chief Financial Officer (Age 48)
- William H. Schafer, Executive Vice President - Finance & Accounting (Age 59)
- Jon D. Greaves, Chief Technology Officer (Age 45)
- Shirley E. Goza, General Counsel (Age 60)
- Daniel T. Bennewitz, Chief Operating Officer - Sales & Marketing (Age 58)
- Steve C. Bloom, Chief People Officer (Age 53)
- James H. Reinhart, Chief Operating Officer - Operations (Age 52)
- Philip P. Trahanas, Lead Independent Director (Age 46)
- John William Barter III, Independent Director (Age 70)
Has QTS Realty Trust been receiving favorable news coverage?
News headlines about QTS stock have been trending somewhat positive on Wednesday, Accern reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. QTS Realty Trust earned a coverage optimism score of 0.19 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 45.88 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are QTS Realty Trust's major shareholders?
QTS Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.01%), Brookfield Asset Management Inc. (5.67%), Bank of New York Mellon Corp (3.35%), Jennison Associates LLC (2.88%), PGGM Investments (2.03%) and APG Asset Management US Inc. (1.96%). Company insiders that own QTS Realty Trust stock include Chad L Williams, Daniel T Bennewitz, James H Reinhart, Jeffrey H Berson, John W Barter, Jon D Greaves, Shirley E Goza, Stephen E Westhead and William H Schafer. View Institutional Ownership Trends for QTS Realty Trust.
Which institutional investors are selling QTS Realty Trust stock?
QTS stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Cbre Clarion Securities LLC, BBT Capital Management LLC, Brookfield Asset Management Inc., Citadel Advisors LLC, TIAA CREF Investment Management LLC, Teachers Advisors LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold QTS Realty Trust company stock in the last year include Chad L Williams, Daniel T Bennewitz, James H Reinhart, Jeffrey H Berson, Jon D Greaves, Shirley E Goza, Stephen E Westhead and William H Schafer. View Insider Buying and Selling for QTS Realty Trust.
Which institutional investors are buying QTS Realty Trust stock?
QTS stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, PGGM Investments, APG Asset Management US Inc., Schwab Charles Investment Management Inc., Schroder Investment Management Group, Jennison Associates LLC, Heitman Real Estate Securities LLC and GW&K Investment Management LLC. View Insider Buying and Selling for QTS Realty Trust.
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 $36.44.
How big of a company is QTS Realty Trust?
QTS Realty Trust has a market capitalization of $1.89 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 $0.02 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 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.
QTS Realty Trust (NYSE:QTS) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Buy||Buy||Buy|
|Consensus Rating Score: ||2.47||2.58||2.67||2.69|
|Ratings Breakdown: ||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)
|0 Sell Rating(s)|
4 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$50.79||$57.92||$58.92||$56.92|
|Price Target Upside: ||39.37% upside||10.38% upside||4.06% upside||5.11% upside|
QTS Realty Trust (NYSE:QTS) Consensus Price Target History
QTS Realty Trust (NYSE:QTS) Analyst Ratings History
(Data available from 3/21/2016 forward)
QTS Realty Trust (NYSE:QTS) Earnings History and Estimates Chart
QTS Realty Trust (NYSE QTS) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/20/2018||Q4 2017||$0.74||$0.79||$118.30 million||$118.90 million||View||Listen|
|10/24/2017||Q3 2017||$0.11||$0.70||$113.64 million||$113.77 million||View||N/A|
|7/25/2017||Q2 2017||$0.63||$0.63||$107.66 million||$107.86 million||View||N/A|
|5/1/2017||Q1 2017||$0.61||$0.64||$105.36 million||$106.00 million||View||Listen|
|2/21/2017||Q117||$0.10||$0.64||$104.82 million||$105.40 million||View||N/A|
|10/25/2016||Q316||$0.64||$0.67||$46.02 million||$103.50 million||View||N/A|
|7/26/2016||Q216||$0.60||$0.63||$97.03 million||$98.70 million||View||N/A|
|4/25/2016||Q116||$0.62||$0.68||$94.48 million||$94.80 million||View||N/A|
|2/22/2016||Q415||$0.60||$0.65||$91.34 million||$92.69 million||View||Listen|
|10/27/2015||Q315||$0.55||$0.61||$87.84 million||$88.90 million||View||Listen|
|8/4/2015||Q215||$0.46||$0.53||$63.07 million||$68.10 million||View||N/A|
|4/27/2015||Q115||$0.50||$0.50||$60.20 million||$61.40 million||View||N/A|
|2/23/2015||Q414||$0.54||$0.55||$57.94 million||$59.56 million||View||N/A|
|10/28/2014||Q314||$0.48||$0.49||$55.30 million||$57.95 million||View||N/A|
|7/29/2014||Q214||$0.48||$0.50||$50.72 million||$51.34 million||View||N/A|
|4/29/2014||$0.47||$0.47||$48.43 million||$48.94 million||View||N/A|
|2/20/2014||Q1||$0.42||$0.47||$47.36 million||$47.43 million||View||N/A|
QTS Realty Trust (NYSE:QTS) Earnings Estimates
2018 EPS Consensus Estimate: $2.75
2019 EPS Consensus Estimate: $3.06
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
QTS Realty Trust (NYSE:QTS) Dividend Information
|Dividend Growth:||11.30% (3 Year Average)|
|Payout Ratio:||7,800.00% (Trailing 12 Months of Earnings) |
59.54% (Based on This Year's Estimates)
52.35% (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: 17.30%
QTS Realty Trust (NYSE QTS) Insider Trades by Quarter
(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, March, 21, 2018