Stifel Nicolaus Issues Positive Forecast for Digital Realty Trust (NYSE:DLR) Stock Price

Digital Realty Trust (NYSE:DLR) had its target price increased by Stifel Nicolaus from $200.00 to $230.00 in a research note published on Wednesday morning,MarketScreener reports. The firm currently has a buy rating on the real estate investment trust’s stock.

A number of other brokerages also recently issued reports on DLR. Bank of America reiterated a “neutral” rating and set a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Evercore increased their price objective on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a research note on Tuesday. Truist Financial started coverage on shares of Digital Realty Trust in a report on Tuesday, March 31st. They issued a “buy” rating and a $207.00 target price for the company. Jefferies Financial Group increased their target price on shares of Digital Realty Trust from $189.00 to $223.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Finally, Sanford C. Bernstein started coverage on shares of Digital Realty Trust in a report on Thursday, March 5th. They issued an “outperform” rating and a $218.00 target price for the company. Four research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $203.67.

Digital Realty Trust Price Performance

Digital Realty Trust stock traded up $0.49 during trading hours on Wednesday, reaching $201.35. 521,833 shares of the stock were exchanged, compared to its average volume of 2,006,880. The company has a market cap of $70.26 billion, a P/E ratio of 55.91, a price-to-earnings-growth ratio of 4.46 and a beta of 1.07. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $204.94. The stock has a 50 day moving average of $182.45 and a two-hundred day moving average of $169.85.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.03. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Equities analysts expect that Digital Realty Trust will post 7.94 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.4%. Digital Realty Trust’s dividend payout ratio is 135.56%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Lansforsakringar Fondforvaltning AB publ raised its holdings in Digital Realty Trust by 1.1% in the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 108,844 shares of the real estate investment trust’s stock valued at $19,615,000 after buying an additional 1,151 shares during the last quarter. Tred Avon Family Wealth LLC raised its holdings in Digital Realty Trust by 17.3% in the 1st quarter. Tred Avon Family Wealth LLC now owns 6,781 shares of the real estate investment trust’s stock valued at $1,222,000 after buying an additional 1,000 shares during the last quarter. Apollon Wealth Management LLC raised its holdings in Digital Realty Trust by 1.0% in the 1st quarter. Apollon Wealth Management LLC now owns 10,063 shares of the real estate investment trust’s stock valued at $1,814,000 after buying an additional 95 shares during the last quarter. Riverbend Wealth Management LLC raised its holdings in Digital Realty Trust by 5.3% in the 1st quarter. Riverbend Wealth Management LLC now owns 2,355 shares of the real estate investment trust’s stock valued at $424,000 after buying an additional 119 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in Digital Realty Trust by 4.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 41,353 shares of the real estate investment trust’s stock valued at $7,452,000 after buying an additional 1,647 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

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.