Analysts Set Digital Realty Trust, Inc. (NYSE:DLR) Price Target at $215.89

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

Several analysts recently issued reports on DLR shares. HSBC cut Digital Realty Trust from a “buy” rating to a “hold” rating and raised their target price for the stock from $193.00 to $210.00 in a research note on Monday, April 27th. Jefferies Financial Group raised their target price on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Sanford C. Bernstein raised their target price on Digital Realty Trust from $218.00 to $232.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Barclays raised their target price on Digital Realty Trust from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 16th. Finally, Weiss Ratings raised Digital Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th.

Institutional Trading of Digital Realty Trust

Several large investors have recently modified their holdings of the business. Centersquare Investment Management LLC raised its holdings in Digital Realty Trust by 5.0% in the 3rd quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust’s stock worth $539,190,000 after acquiring an additional 149,770 shares during the last quarter. Aberdeen Group plc raised its holdings in Digital Realty Trust by 6.8% in the 3rd quarter. Aberdeen Group plc now owns 934,898 shares of the real estate investment trust’s stock worth $158,652,000 after acquiring an additional 59,815 shares during the last quarter. Nordea Investment Management AB raised its holdings in Digital Realty Trust by 53.1% in the 4th quarter. Nordea Investment Management AB now owns 673,347 shares of the real estate investment trust’s stock worth $104,288,000 after acquiring an additional 233,676 shares during the last quarter. Bank of America Corp DE raised its holdings in Digital Realty Trust by 6.6% in the 3rd quarter. Bank of America Corp DE now owns 8,930,551 shares of the real estate investment trust’s stock worth $1,543,914,000 after acquiring an additional 553,907 shares during the last quarter. Finally, Metis Global Partners LLC raised its holdings in Digital Realty Trust by 14.5% in the 3rd quarter. Metis Global Partners LLC now owns 138,006 shares of the real estate investment trust’s stock worth $23,858,000 after acquiring an additional 17,427 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Up 0.2%

DLR opened at $184.49 on Thursday. The company has a market cap of $64.83 billion, a P/E ratio of 48.68, a P/E/G ratio of 5.01 and a beta of 1.03. The business’s 50-day moving average price is $191.59 and its 200-day moving average price is $175.55. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. 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 quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities analysts expect that Digital Realty Trust will post 8.05 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.6%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

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.