Digital Realty Trust, Inc. (NYSE:DLR) Receives $194.68 Average PT from Brokerages

Digital Realty Trust, Inc. (NYSE:DLR) has earned an average rating of “Moderate Buy” from the twenty-seven analysts that are currently covering the company, MarketBeat reports. Eight investment analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $194.88.

Several analysts have recently commented on DLR shares. Sanford C. Bernstein started coverage on shares of Digital Realty Trust in a report on Thursday, March 5th. They issued an “outperform” rating and a $218.00 target price for the company. Stifel Nicolaus reduced their price objective on Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Citigroup decreased their price objective on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a report on Friday, February 6th. Mizuho lowered their price target on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Finally, Jefferies Financial Group upped their price target on Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research report on Friday, February 6th.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $180.45 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $174.65 and a two-hundred day simple moving average of $167.83. Digital Realty Trust has a 12 month low of $129.95 and a 12 month high of $184.79. The firm has a market capitalization of $62.00 billion, a PE ratio of 50.12, a price-to-earnings-growth ratio of 3.99 and a beta of 1.07.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 EPS for the quarter, topping the consensus estimate of $1.83 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Analysts forecast that Digital Realty Trust will post 7.07 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is 135.56%.

Institutional Investors Weigh In On Digital Realty Trust

A number of institutional investors and hedge funds have recently bought and sold shares of DLR. Pinnacle Bancorp Inc. purchased a new position in shares of Digital Realty Trust in the 3rd quarter worth about $25,000. Salomon & Ludwin LLC bought a new stake in shares of Digital Realty Trust in the 3rd quarter worth approximately $28,000. Sunbelt Securities Inc. lifted its holdings in shares of Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares during the last quarter. First Horizon Corp purchased a new stake in shares of Digital Realty Trust in the 3rd quarter valued at $31,000. Finally, Harvest Fund Management Co. Ltd boosted 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 valued at $31,000 after purchasing an additional 165 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

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.