Digital Realty Trust (NYSE:DLR) Shares Gap Up on Analyst Upgrade

Digital Realty Trust, Inc. (NYSE:DLR)’s share price gapped up prior to trading on Friday after TD Cowen upgraded the stock from a hold rating to a buy rating. The stock had previously closed at $179.34, but opened at $190.00. TD Cowen now has a $222.00 price target on the stock. Digital Realty Trust shares last traded at $203.0860, with a volume of 2,076,475 shares changing hands.

DLR has been the subject of a number of other reports. Stifel Nicolaus raised their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Mizuho upped their price objective on Digital Realty Trust from $180.00 to $217.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Jefferies Financial Group increased their target price on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $217.21.

More Digital Realty Trust News

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

• Positive Sentiment: Digital Realty raised its fiscal 2026 adjusted FFO guidance to $8.15-$8.20 per share and increased revenue guidance, citing robust leasing demand from cloud and AI customers. Reuters: Digital Realty raises annual FFO forecast on robust data center demand
• Positive Sentiment: TD Cowen upgraded Digital Realty Trust from hold to buy and set a $222 price target, signaling confidence in further upside. The Fly: TD Cowen upgrade
• Positive Sentiment: Q2 funds from operations of $2.13 per share beat estimates, and revenue of $1.92 billion topped expectations, reinforcing that the core business is benefiting from strong demand. Zacks: DLR beats Q2 FFO and revenue estimates
• Neutral Sentiment: The company’s reported EPS of $1.21 missed consensus, so the quarter was not a clean beat across all metrics, which may temper some enthusiasm. MarketBeat earnings report

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. lifted its position in shares of Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 125 shares in the last quarter. Bell Investment Advisors Inc increased its holdings in shares of Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 62 shares in the last quarter. Harvest Fund Management Co. Ltd increased its holdings in shares of 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 valued at $31,000 after purchasing an additional 165 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Digital Realty Trust in the 3rd quarter worth approximately $34,000. Finally, MCF Advisors LLC acquired a new position in Digital Realty Trust during the 4th quarter worth $35,000. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Performance

The stock has a market cap of $71.59 billion, a price-to-earnings ratio of 53.72, a P/E/G ratio of 4.86 and a beta of 1.03. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. The firm has a fifty day simple moving average of $184.35 and a 200-day simple moving average of $180.59.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period last year, the business posted $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Analysts forecast that Digital Realty Trust, Inc. will post 8.04 EPS for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) 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.