Digital Realty Trust (NYSE:DLR) Releases FY 2026 Earnings Guidance

Digital Realty Trust (NYSE:DLR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 7.950-8.050 for the period, compared to the consensus estimate of 7.940. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion.

Digital Realty Trust Price Performance

Shares of NYSE DLR traded up $6.63 during midday trading on Friday, reaching $206.63. 511,858 shares of the company traded hands, compared to its average volume of 2,012,727. The firm has a market cap of $72.10 billion, a PE ratio of 57.48, a PEG ratio of 4.45 and a beta of 1.07. The stock’s 50-day simple moving average is $182.84 and its 200-day simple moving average is $170.06. Digital Realty Trust has a 12 month low of $146.23 and a 12 month high of $204.94. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The business’s revenue was up 16.2% on a year-over-year basis. During the same period last year, the business earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities analysts anticipate that Digital Realty Trust will post 7.94 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, March 31st. Shareholders of record on Friday, March 13th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.4%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 135.56%.

Analysts Set New Price Targets

DLR has been the subject of a number of analyst reports. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. BMO Capital Markets lifted their price objective on Digital Realty Trust from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Monday. Scotiabank lifted their price objective on Digital Realty Trust from $189.00 to $195.00 and gave the company a “sector outperform” rating in a report on Tuesday, April 7th. Bank of America reissued a “neutral” rating and set a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. Finally, Stifel Nicolaus raised their target price on Digital Realty Trust from $200.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $208.50.

Trending Headlines about Digital Realty Trust

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Q1 results: Digital Realty beat FFO and revenue estimates (FFO outperformance of ~5%, revenue ~ $1.64B) and reported solid year-over-year growth, underpinning the stock’s positive move today. Digital Realty Trust (DLR) Beats Q1 FFO and Revenue Estimates
• Positive Sentiment: Guidance raise: Management lifted annual core FFO and revenue forecasts, citing strong AI-driven data-center demand — a direct driver of upside to earnings power and investor optimism. Digital Realty boosts annual core FFO, revenue forecasts on strong data center demand
• Positive Sentiment: Pipeline & backlog: Management said backlog rose to ~$1.8B (DLR share ~$1.0B) and the development pipeline jumped to ~1.2 GW under construction (61% pre-leased) — giving revenue/FFO visibility into 2027–2028. That supports growth expectations embedded in guidance. Digital Realty (DLR) Q1 2026 Earnings Transcript
• Positive Sentiment: Analyst upgrades/targets: Multiple firms raised targets (e.g., Stifel to $230, Mizuho to $217), signaling buy-side confidence and adding fresh catalyst for shares. Stifel raises DLR price target Mizuho raises DLR price target
• Neutral Sentiment: Earnings-call nuance: Management flagged some supply-chain and operational hurdles even as leasing momentum remains strong — a mixed signal for near-term margins and execution cadence. Digital Realty Trust Inc (DLR) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Valuation context: Recent strong share performance has drawn attention to DLR’s valuation after multi-year gains; investors should weigh growth outlook against elevated multiples. Weighing Digital Realty Trust (DLR) Valuation After A Strong Multi Year Return
• Negative Sentiment: Governance noise: An activist presentation at a different REIT named an executive (Andrew Power) as part of its critique, creating a small governance/distraction angle that could draw headlines though it’s not directly about DLR operations. Sieve Capital Issues Presentation

Institutional Trading of Digital Realty Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in DLR. Sunbelt Securities Inc. increased its stake in shares of 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 buying an additional 125 shares in the last quarter. Harvest Fund Management Co. Ltd increased its position in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 165 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Digital Realty Trust in the third quarter worth about $34,000. Wiser Advisor Group LLC acquired a new stake in Digital Realty Trust in the third quarter worth about $45,000. Finally, Prosperity Bancshares Inc acquired a new stake in Digital Realty Trust in the fourth quarter worth about $56,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

About Digital Realty Trust

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.