Digital Realty Trust (NYSE:DLR – Get Free Report) had its target price upped by equities researchers at Wells Fargo & Company from $220.00 to $225.00 in a report released on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 26.00% from the stock’s previous close.
Several other research firms also recently weighed in on DLR. HSBC reduced their price target on shares of Digital Realty Trust from $240.00 to $235.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Mizuho set a $223.00 price target on Digital Realty Trust in a report on Monday, August 10th. BTIG Research lifted their price objective on Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Finally, Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $221.10.
Get Our Latest Research Report on DLR
Digital Realty Trust Stock Performance
Digital Realty Trust stock traded down $4.33 during mid-day trading on Friday, hitting $178.57. The company had a trading volume of 2,141,043 shares, compared to its average volume of 2,316,828. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. Digital Realty Trust has a 12-month low of $146.23 and a 12-month high of $208.14. The company’s fifty day moving average is $181.73 and its 200-day moving average is $182.80. The company has a market capitalization of $66.25 billion, a price-to-earnings ratio of 86.57, a P/E/G ratio of 3.47 and a beta of 0.99.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.04). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.75 billion. During the same period last year, the company posted $1.89 earnings per share. The business’s quarterly revenue was up 20.6% on a year-over-year basis. Equities research analysts predict that Digital Realty Trust will post 8.33 EPS for the current year.
Insider Activity at Digital Realty Trust
In related news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the sale, the director directly owned 6,322 shares in the company, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.15% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in DLR. Montecito Bank & Trust increased its holdings in Digital Realty Trust by 413.2% in the third quarter. Montecito Bank & Trust now owns 22,915 shares of the real estate investment trust’s stock valued at $4,022,000 after buying an additional 18,450 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Digital Realty Trust by 88.0% during the 2nd quarter. NewEdge Advisors LLC now owns 43,832 shares of the real estate investment trust’s stock worth $7,871,000 after buying an additional 20,513 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in Digital Realty Trust by 40.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 88,953 shares of the real estate investment trust’s stock worth $15,978,000 after buying an additional 25,667 shares during the last quarter. Beacon Pointe Advisors LLC acquired a new position in shares of Digital Realty Trust during the 2nd quarter worth about $3,286,000. Finally, Galaxy Digital Capital Management GP LLC purchased a new position in shares of Digital Realty Trust in the 2nd quarter valued at about $2,837,000. Institutional investors and hedge funds own 99.71% of the company’s stock.
More Digital Realty Trust News
Here are the key news stories impacting Digital Realty Trust this week:
- Positive Sentiment: Digital Realty reported third-quarter core FFO of $2.10 per share, beating consensus by $0.10, while revenue rose 20.6% year over year to $1.9 billion, $140 million above estimates. Record bookings, higher occupancy and stronger rental rates supported double-digit core FFO growth. DLR Q3 FFO and Revenues Beat Estimates
- Positive Sentiment: Management raised its 2026 core FFO outlook to $8.30-$8.35 per share, reflecting continued demand for data-center capacity and improved leasing fundamentals. The midpoint is broadly in line with the FactSet estimate of $8.34. Digital Realty Q3 Earnings and Outlook
- Positive Sentiment: Several analysts increased their price targets following the results. Cantor Fitzgerald raised its target to $223 and maintained an “overweight” rating, while Citigroup lifted its target to $234 and Wells Fargo raised its target to $225. Cantor Fitzgerald Raises Digital Realty Price Target
- Neutral Sentiment: The earnings call emphasized sustained cloud and artificial-intelligence-related data-center demand, but investors may want additional detail on bookings conversion, capital requirements and development returns. Digital Realty Q3 Earnings Call Transcript
- Negative Sentiment: Reported EPS of $0.48 missed the $0.52 consensus estimate. The headline miss, combined with DLR’s elevated valuation, may be prompting profit-taking despite the stronger FFO and revenue performance. Unusually heavy put-option buying also signals increased near-term hedging or bearish positioning. Digital Realty Earnings Report
About Digital Realty Trust
Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.
Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.
Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.
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