Raymond James Financial Issues Positive Forecast for Digital Realty Trust (NYSE:DLR) Stock Price

Digital Realty Trust (NYSE:DLRGet Free Report) had its target price upped by investment analysts at Raymond James Financial from $210.00 to $235.00 in a report issued on Friday,MarketScreener reports. The brokerage presently has a “strong-buy” rating on the real estate investment trust’s stock. Raymond James Financial’s price target would suggest a potential upside of 13.70% from the stock’s current price.

Several other brokerages have also recently commented on DLR. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Digital Realty Trust in a report on Monday, January 5th. They set a “buy” rating and a $180.00 target price on the stock. BMO Capital Markets raised their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the stock an “outperform” rating in a report on Monday. Wolfe Research raised their target price on shares of Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Morgan Stanley raised their target price on shares of Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Jefferies Financial Group increased their price target on shares of Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $208.50.

Read Our Latest Analysis on DLR

Digital Realty Trust Stock Performance

Digital Realty Trust stock traded up $6.69 during trading hours on Friday, hitting $206.69. The company had a trading volume of 838,987 shares, compared to its average volume of 2,012,727. The firm has a market cap of $72.12 billion, a PE ratio of 57.41, 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 one year low of $146.23 and a one year high of $206.58. The firm has a 50-day moving average of $182.84 and a 200 day moving average of $170.06.

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

Institutional Trading of Digital Realty Trust

A number of hedge funds have recently added to or reduced their stakes in the stock. GHP Investment Advisors Inc. boosted its position in Digital Realty Trust by 9.1% in the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 55 shares in the last quarter. South Plains Financial Inc. boosted its position in Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 56 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in Digital Realty Trust by 2.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock valued at $372,000 after buying an additional 61 shares in the last quarter. PDS Planning Inc boosted its position in Digital Realty Trust by 3.6% in the fourth quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock valued at $276,000 after buying an additional 62 shares in the last quarter. Finally, Bell Investment Advisors Inc boosted its position in 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 valued at $31,000 after buying an additional 62 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

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Digital Realty Trust Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

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