Digital Realty Trust, Inc. (NYSE:DLR) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Digital Realty Trust, Inc. (NYSE:DLR) have been given a consensus rating of “Moderate Buy” by the twenty-nine ratings firms that are covering the stock, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation, twenty have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $215.8889.

Several research firms have commented on DLR. BNP Paribas Exane lifted their price target on shares of Digital Realty Trust from $196.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Raymond James Financial lifted their price target on shares of Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research note on Friday, April 24th. The Goldman Sachs Group reiterated a “buy” rating and issued a $215.00 price objective on shares of Digital Realty Trust in a report on Friday, April 24th. Citigroup reiterated an “outperform” rating on shares of Digital Realty Trust in a report on Monday, April 27th. Finally, Scotiabank lifted their price objective on Digital Realty Trust from $195.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, April 27th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Cherry Creek Investment Advisors Inc. increased its holdings in Digital Realty Trust by 0.3% during the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after purchasing an additional 51 shares during the period. Columbia Bank increased its position in Digital Realty Trust by 0.9% during the 1st quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock valued at $1,111,000 after purchasing an additional 53 shares during the period. GHP Investment Advisors Inc. increased its position in Digital Realty Trust by 9.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock valued at $118,000 after purchasing an additional 55 shares during the period. South Plains Financial Inc. increased its position in Digital Realty Trust by 25.7% during the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 56 shares during the period. Finally, Twin Capital Management Inc. increased its position in Digital Realty Trust by 1.1% during the 1st quarter. Twin Capital Management Inc. now owns 5,618 shares of the real estate investment trust’s stock valued at $1,012,000 after purchasing an additional 59 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Trading Up 1.8%

Shares of DLR stock opened at $194.12 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59. Digital Realty Trust has a 52-week low of $146.23 and a 52-week high of $208.14. The company has a market capitalization of $68.22 billion, a PE ratio of 51.22, a price-to-earnings-growth ratio of 5.18 and a beta of 1.06. The business’s fifty day moving average is $188.52 and its 200 day moving average is $172.65.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the firm posted $1.77 earnings per share. Digital Realty Trust’s quarterly revenue was up 16.2% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities research analysts anticipate that Digital Realty Trust will post 8.06 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th. Digital Realty Trust’s payout ratio is presently 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.