Last $28.16 USD
Change Today +0.11 / 0.39%
Volume 401.2K
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As of 4:15 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

dupont fabros technology (DFT) Snapshot

Open
$28.13
Previous Close
$28.05
Day High
$28.20
Day Low
$27.80
52 Week High
07/24/14 - $29.19
52 Week Low
11/13/13 - $22.15
Market Cap
1.9B
Average Volume 10 Days
511.6K
EPS TTM
$1.26
Shares Outstanding
65.8M
EX-Date
07/1/14
P/E TM
22.3x
Dividend
$1.40
Dividend Yield
4.26%
Current Stock Chart for DUPONT FABROS TECHNOLOGY (DFT)

dupont fabros technology (DFT) Related Businessweek News

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dupont fabros technology (DFT) Details

DuPont Fabros Technology, Inc., a real estate investment trust (REIT), engages in the ownership, acquisition, development, operation, management, and lease of large-scale data center facilities in the United States. The company leases its data centers to the American and international technology companies to house, power, and cool the computer servers that support their critical business processes. It also provides certain technical services to tenants, including layout design and installation of electrical power circuits, data cabling, server cabinets and racks, computer room airflow analyses, and monitoring. As of December 31, 2011, the company owned and operated seven data centers located in Northern Virginia; one data center in suburban Chicago, Illinois; one data center in Piscataway, New Jersey; one data center in Santa Clara, California. DuPont Fabros Technology, Inc. has elected to be taxed as a REIT. As a REIT, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2007 and is headquartered in Washington, District of Columbia.

92 Employees
Last Reported Date: 02/12/14
Founded in 2007

dupont fabros technology (DFT) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $358.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $272.8K
Executive Vice President, General Counsel and...
Total Annual Compensation: $312.0K
Senior Vice President of Finance & Acquisitio...
Total Annual Compensation: $243.4K
Compensation as of Fiscal Year 2013.

dupont fabros technology (DFT) Key Developments

DuPont Fabros Technology, Inc. Promotes James W. Armstrong to Chief Accounting Officer

DuPont Fabros Technology, Inc. announced that James W. Armstrong has been promoted to Chief Accounting Officer. Armstrong joined DuPont Fabros Technology at the time of its initial public offering in 2007 as the Director of Financial Reporting. In this role, Armstrong was instrumental in preparing DFT for compliance with Securities and Exchange reporting requirements as well as meeting the financial reporting control requirements of Section 404 of the Sarbanes Oxley Act of 2002. Prior to joining DFT, Armstrong held a variety of positions at the Mills Corporation, with the last position being Vice President of Property Accounting.

Dupont Fabros Technology, Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year 2014

DuPont Fabros Technology, Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $101,950,000 against $91,564,000 a year ago. Operating income was $41,687,000 against $35,011,000 a year ago. Net income attributable to common shares was $21,121,000 or $0.32 per diluted share against $11,971,000 or $0.18 per diluted share a year ago. Funds flow from operations was $56,376,000 against $44,714,000 a year ago. Funds flow from operations attributable to common shares and OP units was $49,565,000 against $37,903,000 a year ago. Adjusted funds flow from operations was $50,880,000 against $34,271,000 a year ago. Adjusted funds flow from operations per diluted share was $0.62 against $0.42 a year ago. Funds flow from operations attributable to common shares and OP units per diluted share was $0.61 against $0.47 a year ago, an increase of 30%. This exceeded the upper end of its guidance range by $0.01 per share, which was primarily due to lower expenses. The increase in revenue was primarily due to new leases commencing. For the six months, the company reported total revenues of $204,037,000 against $179,323,000 a year ago. Operating income was $81,830,000 against $67,256,000 a year ago. Net income attributable to common shares was $41,166,000 or $0.63 per diluted share against $19,914,000 or $0.30 per diluted share a year ago. Funds flow from operations was $111,117,000 against $84,238,000 a year ago. Funds flow from operations attributable to common shares and OP units was $97,495,000 against $70,616,000 a year ago. Adjusted funds flow from operations was $100,978,000 against $65,621,000 a year ago. Adjusted funds flow from operations per diluted share was $1.24 against $0.80 a year ago. Funds flow from operations attributable to common shares and OP units per diluted share was $1.20 against $0.87 a year ago. Net cash provided by operating activities was $118,628,000 against $85,787,000 a year ago. Additions to non-real estate property were $283,000 against $24,000 a year ago. The increase in Revenue was primarily due to new leases commencing. The company provided earnings guidance for the third quarter and full year 2014. For the quarter, the company expected net income per diluted common share and unit is to be in the range between from $0.30 to $0.32. Normalized FFO per diluted share to be in the range of $0.60 to $0.62. The impact of the new leases will be partially offset by the substation of capitalized interest at SC1 Phase 2a and ACC7 Phase 1. For the full year, the company expected net income per diluted common share and unit is to be in the range between from $1.19 to $1.25. Normalized FFO guidance range was increased to $2.38 to $2.44 per share as compared to prior guidance of $2.32 to $2.40 per share. This is an increase in the midpoint of $0.05 per share, which is being driven by its leasing success and lower interest expense from the debt modifications. Total revenues are to be in the range between from $410 to $415 million. Investments in real estate-development are to be in the range of $270 to 290 million. Improvements to real estate excluding development are to be $4 million.

DuPont Fabros Technology, Inc. to Report Q2, 2014 Results on Jul 24, 2014

DuPont Fabros Technology, Inc. announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Jul 24, 2014

 

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