Brokerages Set Digital Realty Trust, Inc. (NYSE:DLR) Target Price at $216.81

Shares of Digital Realty Trust, Inc. (NYSE:DLR) have earned an average rating of “Moderate Buy” from the twenty-nine brokerages that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $216.75.

A number of brokerages recently commented on DLR. Citigroup restated an “outperform” rating on shares of Digital Realty Trust in a research note on Monday, April 27th. Raymond James Financial boosted their price target on shares of Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a report on Friday, April 24th. Barclays raised their price objective on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. Mizuho lifted their target price on shares of Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Finally, Scotiabank increased their price target on shares of Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th.

Hedge Funds Weigh In On Digital Realty Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sunbelt Securities Inc. grew its position in 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 valued at $28,000 after acquiring an additional 125 shares during the period. Bell Investment Advisors Inc lifted its holdings in shares of Digital Realty Trust by 56.9% during the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the period. Harvest Fund Management Co. Ltd lifted its holdings in shares of Digital Realty Trust by 970.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Realty Trust in the 3rd quarter valued at $34,000. Finally, MCF Advisors LLC bought a new stake in shares of Digital Realty Trust in the 4th quarter worth about $35,000. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

Shares of DLR traded up $1.06 during trading hours on Monday, reaching $180.39. 2,439,011 shares of the company traded hands, compared to its average volume of 3,780,014. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. The stock’s fifty day moving average is $187.87 and its 200 day moving average is $179.03. Digital Realty Trust has a 1-year low of $146.23 and a 1-year high of $208.14. The stock has a market cap of $63.39 billion, a P/E ratio of 47.60, a price-to-earnings-growth ratio of 4.87 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Equities research analysts anticipate that Digital Realty Trust will post 8.05 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is currently 128.76%.

Digital Realty Trust Company Profile

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.