QTS Realty Trust, Inc. (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 6 million square feet of owned data center space throughout primarily North America and Europe.
Reasonable growth potential second-rate dividend payer.
Share Price & News
How has QTS Realty Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QTS.PRA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: QTS.PRA exceeded the US REITs industry which returned -9.7% over the past year.
Return vs Market: QTS.PRA underperformed the US Market which returned 8.4% over the past year.
Price Volatility Vs. Market
How volatile is QTS Realty Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is QTS Realty Trust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QTS.PRA ($27) is trading below our estimate of fair value ($37.33)
Significantly Below Fair Value: QTS.PRA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QTS.PRA is unprofitable, so we can't compare its PE Ratio to the REITs industry average.
PE vs Market: QTS.PRA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QTS.PRA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QTS.PRA is overvalued based on its PB Ratio (4.2x) compared to the US REITs industry average (1.4x).
How is QTS Realty Trust forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QTS.PRA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: QTS.PRA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: QTS.PRA's is expected to become profitable in the next 3 years.
Revenue vs Market: QTS.PRA's revenue (11.6% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: QTS.PRA's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QTS.PRA's Return on Equity is forecast to be low in 3 years time (3.3%).
How has QTS Realty Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QTS.PRA is currently unprofitable.
Growing Profit Margin: QTS.PRA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: QTS.PRA is unprofitable, and losses have increased over the past 5 years at a rate of -52.1% per year.
Accelerating Growth: Unable to compare QTS.PRA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: QTS.PRA is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (5.3%).
Return on Equity
High ROE: QTS.PRA has a negative Return on Equity (1.27%), as it is currently unprofitable.
How is QTS Realty Trust's financial position?
Financial Position Analysis
Short Term Liabilities: QTS.PRA's short term assets ($260.2M) exceed its short term liabilities ($224.6M).
Long Term Liabilities: QTS.PRA's short term assets ($260.2M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: QTS.PRA's debt to equity ratio (114.4%) is considered high.
Reducing Debt: QTS.PRA's debt to equity ratio has increased from 97.3% to 114.4% over the past 5 years.
Debt Coverage: QTS.PRA's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: QTS.PRA is unprofitable, therefore interest payments are not well covered by earnings.
What is QTS Realty Trust's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: QTS.PRA's dividend (2.82%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: QTS.PRA's dividend (2.82%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, QTS.PRA has been paying a dividend for less than 10 years.
Growing Dividend: QTS.PRA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.9%), QTS.PRA's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: QTS.PRA's dividends in 3 years are forecast to be thoroughly covered by earnings (0.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chad Williams (48yo)
Mr. Chad L. Williams has been the Chief Executive Officer, President and Chairman of QTS Realty Trust, Inc. since May 2013 and was the Chairman and Chief Executive Officer of predecessor of QTS Realty Trus ...
CEO Compensation Analysis
Compensation vs Market: Chad's total compensation ($USD7.71M) is above average for companies of similar size in the US market ($USD5.90M).
Compensation vs Earnings: Chad's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||3.08yrs||US$3.22m||0.14% $6.1m|
|Chief Technology Officer||4.08yrs||US$1.94m||0.058% $2.6m|
|General Counsel||6.58yrs||US$1.33m||0.046% $2.1m|
|Chief People Officer||3.75yrs||US$1.08m||0.044% $2.0m|
|Chief Operating Officer||2.17yrs||no data||0.041% $1.8m|
|Executive Vice President of Finance & Accounting||3.08yrs||US$1.82m||0.027% $1.2m|
|Vice President of Finance & Investor Relations||5.33yrs||no data||no data|
|Chief Hyperscale Officer||8.42yrs||no data||no data|
|Executive Vice President of Sales||no data||no data||no data|
Experienced Management: QTS.PRA's management team is considered experienced (4.1 years average tenure).
|Independent Director||6.75yrs||US$235.01k||0.018% $805.5k|
|Independent Director||6.75yrs||US$260.03k||0.019% $839.9k|
|Lead Independent Director||6.33yrs||US$320.02k||0.026% $1.2m|
|Independent Director||6.75yrs||US$262.54k||0.024% $1.1m|
|Independent Director||6.75yrs||US$257.51k||0.021% $955.3k|
|Member of Federal Advisory Board||2.42yrs||no data||no data|
|Independent Director||6.75yrs||US$260.03k||0.027% $1.2m|
|Independent Director||6.75yrs||US$257.53k||0.011% $512.5k|
|Member of Federal Advisory Board||2.42yrs||no data||no data|
Experienced Board: QTS.PRA's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.9%.
QTS Realty Trust, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: QTS Realty Trust, Inc.
- Ticker: QTS.PRA
- Exchange: NYSE
- Founded: 2013
- Industry: Specialized REITs
- Sector: Real Estate
- Implied Market Cap: US$4.472b
- Market Cap: US$4.027b
- Shares outstanding: 67.07m
- Website: https://www.qtsdatacenters.com
Number of Employees
- QTS Realty Trust, Inc.
- 12851 Foster Street
- Overland Park
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QTS||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Oct 2013|
|QTS.PRA||NYSE (New York Stock Exchange)||7.12% CUM PFD A||US||USD||Mar 2018|
|QTS.PRB||NYSE (New York Stock Exchange)||6.50% CON PFD B||US||USD||Jun 2018|
QTS Realty Trust, Inc. (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 6 million square feet of owned data center space throughout primarily North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. QTS owns, operates or manages 24 data centers and supports more than 1,200 customers primarily in North America and Europe.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 05:41|
|End of Day Share Price||2020/05/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.