Digital Realty Trust, Inc. (NYSE:DLR) Receives $218.17 Average PT from Brokerages

Digital Realty Trust, Inc. (NYSE:DLR) has received a consensus rating of “Moderate Buy” from the thirty-one ratings firms that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $218.1667.

Several brokerages have weighed in on DLR. UBS Group lifted their target price on Digital Realty Trust from $225.00 to $227.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Weiss Ratings lowered Digital Realty Trust from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Mizuho upped their price objective on shares of Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $229.00 target price on shares of Digital Realty Trust in a research report on Monday, July 27th.

Digital Realty Trust Price Performance

Shares of NYSE:DLR opened at $188.77 on Friday. The firm’s 50 day moving average is $184.71 and its two-hundred day moving average is $182.15. The firm has a market capitalization of $66.33 billion, a P/E ratio of 91.63, a PEG ratio of 5.35 and a beta of 1.03. The company has a current ratio of 0.87, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68. Digital Realty Trust has a 52 week low of $146.23 and a 52 week high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the prior year, the firm posted $1.87 earnings per share. The business’s quarterly revenue was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts anticipate that Digital Realty Trust will post 8.39 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is currently 236.89%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DLR. Sunbelt Securities Inc. lifted 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 worth $28,000 after purchasing an additional 125 shares during the period. Bell Investment Advisors Inc increased its position in shares of Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares during the period. Harvest Fund Management Co. Ltd raised its stake in shares of Digital Realty Trust by 970.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Digital Realty Trust in the 3rd quarter worth $34,000. Finally, MCF Advisors LLC acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at $35,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.