Digital Realty Trust (NYSE:DLR) Releases FY 2026 Earnings Guidance

Digital Realty Trust (NYSE:DLR) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 8.150-8.200 for the period, compared to the consensus EPS estimate of 8.050. The company issued revenue guidance of $6.9 billion-$7.0 billion, compared to the consensus revenue estimate of $6.7 billion.

Digital Realty Trust Stock Up 0.7%

Shares of DLR stock traded up $1.30 during trading on Thursday, hitting $179.71. 3,259,793 shares of the company were exchanged, compared to its average volume of 2,385,091. The business’s 50-day simple moving average is $184.61 and its 200 day simple moving average is $180.41. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The firm has a market capitalization of $63.15 billion, a price-to-earnings ratio of 47.42, a P/E/G ratio of 4.88 and a beta of 1.03. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the firm earned $1.77 EPS. The company’s revenue was up 16.2% compared to the same quarter last year. As a group, analysts forecast that Digital Realty Trust will post 8.04 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

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 dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

Wall Street Analyst Weigh In

DLR has been the topic of several research reports. TD Cowen upped their target price on Digital Realty Trust from $185.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Morgan Stanley lifted their price target on Digital Realty Trust from $210.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Barclays boosted their price target on Digital Realty Trust from $189.00 to $197.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 1st. Evercore raised their price objective on shares of Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Finally, Raymond James Financial lifted their target price on shares of Digital Realty Trust from $210.00 to $235.00 and gave the company a “strong-buy” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $216.17.

Institutional Investors Weigh In On Digital Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in DLR. Sunbelt Securities Inc. grew its stake in Digital Realty Trust by 347.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 125 shares during the last quarter. Harvest Fund Management Co. Ltd grew its position 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 during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Digital Realty Trust in the third quarter valued at about $34,000. Wiser Advisor Group LLC bought a new position in shares of Digital Realty Trust in the third quarter worth about $45,000. Finally, Prosperity Bancshares Inc acquired a new position in shares of Digital Realty Trust during the 4th quarter worth about $56,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

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.