Digital Realty Trust, Inc. (NYSE:DLR) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Digital Realty Trust, Inc. (NYSE:DLR) have been given an average recommendation of “Moderate Buy” by the thirty-three ratings firms that are currently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation, twenty-six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $219.69.

DLR has been the topic of several recent research reports. KeyCorp reaffirmed a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday, July 24th. Citigroup reissued a “market outperform” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Mizuho set a $223.00 price target on shares of Digital Realty Trust in a research report on Monday, August 10th. Guggenheim upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research note on Wednesday, July 15th. Finally, Cantor Fitzgerald upped their price objective on Digital Realty Trust from $211.00 to $221.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th.

Digital Realty Trust Trading Up 0.1%

DLR opened at $176.08 on Wednesday. Digital Realty Trust has a 52 week low of $146.23 and a 52 week high of $208.14. 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 business has a fifty day simple moving average of $185.05 and a 200-day simple moving average of $187.23. The firm has a market cap of $65.33 billion, a P/E ratio of 85.48, a P/E/G ratio of 3.37 and a beta of 0.99.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (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 analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. Digital Realty Trust’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities analysts expect that Digital Realty Trust will post 8.40 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Digital Realty Trust’s payout ratio is presently 236.89%.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the sale, the director owned 6,322 shares in the company, valued at $1,226,215.12. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Digital Realty Trust

Several hedge funds and other institutional investors have recently made changes to their positions in DLR. Gables Capital Management Inc. acquired a new position in shares of Digital Realty Trust during the second quarter worth $29,000. Bell Investment Advisors Inc raised its stake in 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 buying an additional 62 shares in the last quarter. Ashurst Perkins Coie Trust Co acquired a new stake in Digital Realty Trust in the third quarter valued at $31,000. First Community Trust NA acquired a new stake in Digital Realty Trust in the third quarter valued at $31,000. Finally, Solstein Capital LLC purchased a new stake in Digital Realty Trust during the 2nd quarter worth about $32,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data center facilities for businesses, cloud service providers, information technology companies and telecommunications organizations. The company provides the physical infrastructure needed to support data storage, networking, cloud computing and other digital operations.

Its services include data center colocation, interconnection and private connectivity solutions. Digital Realty also offers access to cloud and network providers through its PlatformDIGITAL platform, which is designed to help customers deploy, connect and manage their digital infrastructure across multiple locations.

Founded in 2001, Digital Realty serves customers through a global portfolio of data centers and related facilities across North America, Europe, Asia-Pacific and Latin America.