Analysts Set Digital Realty Trust, Inc. (NYSE:DLR) PT at $218.17

Shares of Digital Realty Trust, Inc. (NYSE:DLR) have been given a consensus recommendation of “Moderate Buy” by the thirty-one research firms that are covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $218.1667.

A number of brokerages have weighed in on DLR. Wells Fargo & Company lifted their price target on shares of Digital Realty Trust from $195.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Sanford C. Bernstein boosted their price target on Digital Realty Trust from $218.00 to $232.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Truist Financial reduced their price objective on Digital Realty Trust from $225.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. The Goldman Sachs Group reiterated a “buy” rating and set a $215.00 target price on shares of Digital Realty Trust in a report on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their target price on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cherry Creek Investment Advisors Inc. lifted its position in Digital Realty Trust by 0.3% during the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock worth $3,378,000 after acquiring an additional 51 shares in the last quarter. Columbia Bank raised its stake in shares of Digital Realty Trust by 0.9% during the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock valued at $1,111,000 after purchasing an additional 53 shares during the period. GHP Investment Advisors Inc. lifted its position in shares of Digital Realty Trust by 9.1% during the first quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 55 shares in the last quarter. South Plains Financial Inc. boosted its stake in shares of Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 56 shares during the period. Finally, Twin Capital Management Inc. boosted its stake in shares of Digital Realty Trust by 1.1% in the first quarter. Twin Capital Management Inc. now owns 5,618 shares of the real estate investment trust’s stock valued at $1,012,000 after purchasing an additional 59 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Performance

NYSE DLR opened at $194.26 on Friday. The business’s 50-day moving average price is $184.71 and its 200 day moving average price is $182.61. The company has a current ratio of 1.06, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a market capitalization of $71.88 billion, a PE ratio of 94.30, a price-to-earnings-growth ratio of 5.43 and a beta of 1.03.

Digital Realty Trust (NYSE:DLR) last released its earnings results 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). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the business posted $1.87 earnings per share. Digital Realty Trust’s revenue was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, research analysts predict that Digital Realty Trust will post 8.39 earnings per share for the current year.

Digital Realty Trust Announces Dividend

The firm also recently declared 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. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. Digital Realty Trust’s dividend payout ratio is 236.89%.

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.