Digital Realty Trust (NYSE:DLR) Price Target Raised to $197.00

Digital Realty Trust (NYSE:DLR) had its price objective boosted by Barclays from $189.00 to $197.00 in a report issued on Wednesday, Marketbeat Ratings reports. The brokerage currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price target suggests a potential upside of 9.81% from the stock’s current price.

Other analysts have also recently issued reports about the company. Raymond James Financial boosted their price objective on Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a research report on Friday, April 24th. Mizuho lifted their price target on shares of Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Truist Financial boosted their price target on shares of Digital Realty Trust from $208.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Sanford C. Bernstein increased their price objective on shares of Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Evercore lifted their target price on shares of Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.81.

Digital Realty Trust Trading Down 5.9%

Shares of Digital Realty Trust stock opened at $179.40 on Wednesday. The firm has a 50-day simple moving average of $191.55 and a two-hundred day simple moving average of $177.86. 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 fifty-two week low of $146.23 and a fifty-two week high of $208.14. The company has a market cap of $63.04 billion, a P/E ratio of 47.33, a price-to-earnings-growth ratio of 5.18 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the firm earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities analysts predict that Digital Realty Trust will post 8.05 earnings per share for the current fiscal year.

Institutional Trading of Digital Realty Trust

A number of hedge funds have recently bought and sold shares of DLR. Cherry Creek Investment Advisors Inc. boosted its holdings in shares of 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 worth $3,378,000 after purchasing an additional 51 shares during the last quarter. Columbia Bank lifted its position in Digital Realty Trust by 0.9% during the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after buying an additional 53 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in Digital Realty Trust by 9.1% during the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 55 shares in the last quarter. South Plains Financial Inc. boosted its stake in Digital Realty Trust by 25.7% during the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 56 shares during the last quarter. Finally, Twin Capital Management Inc. grew its holdings in Digital Realty Trust by 1.1% in 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 buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.