Truist Financial Issues Pessimistic Forecast for Digital Realty Trust (NYSE:DLR) Stock Price

Digital Realty Trust (NYSE:DLR) had its price target reduced by equities researchers at Truist Financial from $225.00 to $220.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s target price points to a potential upside of 16.55% from the stock’s current price.

Several other equities analysts have also issued reports on DLR. Royal Bank Of Canada lifted their target price on shares of Digital Realty Trust from $207.00 to $227.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Jefferies Financial Group raised their price objective on Digital Realty Trust from $223.00 to $233.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Barclays lifted their price objective 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. BTIG Research assumed coverage on Digital Realty Trust in a research note on Friday, July 10th. They issued a “buy” rating and a $215.00 target price on the stock. Finally, KeyCorp restated a “sector weight” rating on shares of Digital Realty Trust in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $218.17.

Digital Realty Trust Trading Down 2.3%

NYSE:DLR opened at $188.77 on Thursday. Digital Realty Trust has a 12 month low of $146.23 and a 12 month high of $208.14. The company has a 50-day moving average price of $184.71 and a 200-day moving average price of $181.98. The company has a current ratio of 0.87, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68. The stock has a market cap of $66.33 billion, a price-to-earnings ratio of 91.63, a P/E/G ratio of 5.48 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Equities analysts predict that Digital Realty Trust will post 8.39 EPS for the current year.

Institutional Trading of Digital Realty Trust

Several large investors have recently added to or reduced their stakes in DLR. Tema ETFs LLC raised its position in Digital Realty Trust by 8.5% in the second quarter. Tema ETFs LLC now owns 5,529 shares of the real estate investment trust’s stock worth $993,000 after acquiring an additional 435 shares during the period. Community Financial Services Group LLC bought a new position in shares of Digital Realty Trust during the 2nd quarter valued at approximately $56,000. Finivi Inc. increased its holdings in Digital Realty Trust by 4.9% in the 2nd quarter. Finivi Inc. now owns 4,039 shares of the real estate investment trust’s stock worth $725,000 after acquiring an additional 190 shares in the last quarter. World Equity Group Inc. bought a new stake in Digital Realty Trust during the 2nd quarter worth approximately $494,000. Finally, Legacy Wealth Asset Management LLC raised its position in shares of Digital Realty Trust by 59.4% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 3,371 shares of the real estate investment trust’s stock valued at $605,000 after purchasing an additional 1,256 shares during the period. 99.71% of the stock is currently owned by institutional investors.

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.