Analysts forecast that QTS Realty Trust Inc (NYSE:QTS) will post earnings of $0.64 per share for the current quarter, according to Zacks. Nine analysts have made estimates for QTS Realty Trust’s earnings, with estimates ranging from $0.56 to $0.68. QTS Realty Trust posted earnings per share of $0.79 during the same quarter last year, which would indicate a negative year over year growth rate of 19%. The company is expected to report its next quarterly earnings results on Tuesday, February 19th.

According to Zacks, analysts expect that QTS Realty Trust will report full year earnings of $2.49 per share for the current fiscal year, with EPS estimates ranging from $2.42 to $2.55. For the next fiscal year, analysts expect that the firm will post earnings of $2.66 per share, with EPS estimates ranging from $2.55 to $2.77. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover QTS Realty Trust.

QTS Realty Trust (NYSE:QTS) last issued its quarterly earnings data on Monday, October 29th. The real estate investment trust reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.75). QTS Realty Trust had a negative net margin of 5.49% and a positive return on equity of 0.40%. The firm had revenue of $112.20 million during the quarter, compared to analyst estimates of $105.28 million. During the same period in the prior year, the company earned $0.70 earnings per share. The business’s quarterly revenue was down 1.4% compared to the same quarter last year.

A number of brokerages have commented on QTS. Berenberg Bank began coverage on QTS Realty Trust in a report on Thursday, September 20th. They issued a “hold” rating and a $50.00 price objective on the stock. BMO Capital Markets set a $48.00 price objective on QTS Realty Trust and gave the company a “buy” rating in a report on Monday, December 3rd. ValuEngine lowered QTS Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, October 29th. Zacks Investment Research raised QTS Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, September 19th. Finally, Raymond James reaffirmed a “hold” rating on shares of QTS Realty Trust in a report on Monday, August 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $46.42.

In related news, CEO Chad L. Williams bought 17,500 shares of QTS Realty Trust stock in a transaction dated Friday, November 2nd. The shares were bought at an average cost of $39.17 per share, with a total value of $685,475.00. Following the acquisition, the chief executive officer now owns 356,028 shares in the company, valued at approximately $13,945,616.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 16.10% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in QTS. OppenheimerFunds Inc. acquired a new stake in shares of QTS Realty Trust during the 2nd quarter worth $209,000. Commonwealth Equity Services LLC acquired a new stake in shares of QTS Realty Trust during the 2nd quarter worth $221,000. Advisors Asset Management Inc. grew its holdings in shares of QTS Realty Trust by 79.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 5,974 shares of the real estate investment trust’s stock worth $236,000 after purchasing an additional 2,647 shares in the last quarter. Virginia Retirement Systems ET AL acquired a new stake in shares of QTS Realty Trust during the 3rd quarter worth $294,000. Finally, Vident Investment Advisory LLC acquired a new stake in shares of QTS Realty Trust during the 2nd quarter worth $300,000.

NYSE QTS traded down $0.71 on Friday, reaching $40.20. The stock had a trading volume of 526,158 shares, compared to its average volume of 378,052. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.54 and a quick ratio of 0.54. QTS Realty Trust has a 1-year low of $31.58 and a 1-year high of $56.41. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 14.57, a P/E/G ratio of 2.07 and a beta of 0.80.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 8th. Stockholders of record on Friday, December 21st will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 4.08%. The ex-dividend date of this dividend is Thursday, December 20th. QTS Realty Trust’s dividend payout ratio (DPR) is currently 59.42%.

About QTS Realty Trust

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 hyperscale and hybrid colocation provides flexible, scalable, secure IT solutions for web and IT applications.

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Earnings History and Estimates for QTS Realty Trust (NYSE:QTS)

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