Brokerages Set Digital Realty Trust, Inc. (NYSE:DLR) PT at $219.45

Digital Realty Trust, Inc. (NYSE:DLR) has earned a consensus rating of “Moderate Buy” from the thirty-two brokerages that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $219.4516.

A number of equities research analysts recently weighed in on DLR shares. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Barclays lifted their target price on shares of Digital Realty Trust from $189.00 to $197.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 1st. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Finally, BTIG Research began coverage on Digital Realty Trust in a research report on Friday, July 10th. They issued a “buy” rating and a $215.00 price target on the stock.

Digital Realty Trust Price Performance

Digital Realty Trust stock opened at $192.12 on Tuesday. The business’s 50-day simple moving average is $187.21 and its 200 day simple moving average is $186.25. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a market cap of $71.28 billion, a price-to-earnings ratio of 93.26, a P/E/G ratio of 5.48 and a beta of 1.03. Digital Realty Trust has a 12-month low of $146.23 and a 12-month high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts anticipate that Digital Realty Trust will post 8.4 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio is presently 236.89%.

Hedge Funds Weigh In On Digital Realty Trust

Several institutional investors have recently modified their holdings of DLR. California State Teachers Retirement System raised its position in shares of Digital Realty Trust by 20,892.8% in the 2nd quarter. California State Teachers Retirement System now owns 89,457,597 shares of the real estate investment trust’s stock valued at $16,064,795,000 after acquiring an additional 89,031,462 shares during the period. Vanguard Group Inc. grew its holdings in Digital Realty Trust by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock valued at $8,394,620,000 after purchasing an additional 854,828 shares during the period. BlackRock Inc. acquired a new position in Digital Realty Trust during the second quarter valued at approximately $7,277,032,000. Cohen & Steers Inc. increased its stake in Digital Realty Trust by 18.0% in the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after purchasing an additional 4,276,073 shares in the last quarter. Finally, Norges Bank acquired a new stake in Digital Realty Trust in the fourth quarter worth $3,402,995,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

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.