Digital Realty Trust (NYSE:DLR) Price Target Raised to $226.00 at Citigroup

Digital Realty Trust (NYSE:DLRGet Free Report) had its target price increased by equities researchers at Citigroup from $190.00 to $226.00 in a research note issued on Friday,MarketScreener reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s target price indicates a potential upside of 9.35% from the stock’s current price.

Several other equities analysts have also recently issued reports on the stock. Weiss Ratings raised shares of Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. HSBC set a $193.00 target price on shares of Digital Realty Trust and gave the stock a “buy” rating in a research report on Thursday, January 15th. Evercore lifted their target price on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday. Cantor Fitzgerald began coverage on shares of Digital Realty Trust in a research report on Thursday, April 9th. They issued an “overweight” rating and a $211.00 target price on the stock. Finally, UBS Group set a $189.00 target price on shares of Digital Realty Trust in a research report on Wednesday, January 14th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Digital Realty Trust currently has an average rating of “Moderate Buy” and an average target price of $208.50.

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Digital Realty Trust Price Performance

Shares of DLR traded up $6.69 during mid-day trading on Friday, hitting $206.69. The company’s stock had a trading volume of 838,987 shares, compared to its average volume of 2,012,727. The firm has a 50-day moving average price of $182.84 and a 200 day moving average price of $170.06. The stock has a market capitalization of $72.12 billion, a price-to-earnings ratio of 57.29, a PEG ratio of 4.45 and a beta of 1.07. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $206.58.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, research analysts predict that Digital Realty Trust will post 7.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pinnacle Bancorp Inc. purchased a new position in Digital Realty Trust during the third quarter valued at approximately $25,000. Salomon & Ludwin LLC acquired a new stake in shares of Digital Realty Trust in the third quarter worth $28,000. Sunbelt Securities Inc. lifted its stake in shares of Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the last quarter. Bell Investment Advisors Inc lifted its stake in shares of Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares during the last quarter. Finally, First Horizon Corp acquired a new stake in shares of Digital Realty Trust in the third quarter worth $31,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Digital Realty Trust

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About Digital Realty Trust

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Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.

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Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

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