Digital Realty Trust (NYSE:DLR) Given New $234.00 Price Target at Citigroup

Digital Realty Trust (NYSE:DLR) had its price target increased by Citigroup from $226.00 to $234.00 in a report issued on Friday,Benzinga reports. Citigroup currently has a buy rating on the real estate investment trust’s stock.

Other equities research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $229.00 target price on shares of Digital Realty Trust in a report on Monday, July 27th. Argus raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 price target for the company in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target on Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Sanford C. Bernstein reissued an “outperform” rating and set a $229.00 price objective on shares of Digital Realty Trust in a research report on Friday. Finally, KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $221.35.

Digital Realty Trust Price Performance

Shares of NYSE DLR opened at $180.26 on Friday. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The company has a 50 day simple moving average of $181.45 and a two-hundred day simple moving average of $182.91. The company has a market capitalization of $66.88 billion, a price-to-earnings ratio of 75.42, a P/E/G ratio of 3.53 and a beta of 0.99. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.04). The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.75 billion. Digital Realty Trust had a return on equity of 3.81% and a net margin of 13.06%. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.89 earnings per share. Analysts expect that Digital Realty Trust will post 8.33 EPS for the current fiscal year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. Digital Realty Trust’s dividend payout ratio (DPR) is 204.18%.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total value of $38,792.00. Following the completion of the sale, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.15% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DLR. Covestor Ltd boosted its stake in Digital Realty Trust by 192.9% during the third quarter. Covestor Ltd now owns 287 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 189 shares during the period. Verity Asset Management Inc. increased its stake in Digital Realty Trust by 2.0% in the 3rd quarter. Verity Asset Management Inc. now owns 3,345 shares of the real estate investment trust’s stock worth $587,000 after buying an additional 64 shares during the period. Ascent Group LLC boosted its position in Digital Realty Trust by 16.8% in the 3rd quarter. Ascent Group LLC now owns 1,497 shares of the real estate investment trust’s stock valued at $263,000 after buying an additional 215 shares during the period. Signet Investment Advisory Group Inc. boosted its position in Digital Realty Trust by 0.8% in the 3rd quarter. Signet Investment Advisory Group Inc. now owns 23,626 shares of the real estate investment trust’s stock valued at $4,147,000 after buying an additional 194 shares during the period. Finally, Rakuten Investment Management Inc. grew its stake in Digital Realty Trust by 17.3% in the 3rd quarter. Rakuten Investment Management Inc. now owns 64,296 shares of the real estate investment trust’s stock worth $11,352,000 after acquiring an additional 9,504 shares in the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

Digital Realty Trust News Summary

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Third-quarter FFO and revenue exceeded expectations. Core FFO was $2.10 per share, beating estimates by $0.10, while revenue reached approximately $1.90 billion—$140 million above consensus—and increased 20.6% year over year. Digital Realty Trust FFO and revenue results
• Positive Sentiment: Improving data-center fundamentals supported the outlook. Record bookings, higher occupancy and stronger rental rates drove double-digit core FFO growth. Management raised its 2026 core FFO outlook to $8.30-$8.35 per share, broadly in line with the FactSet estimate of $8.34. DLR Q3 FFO and revenue outlook
• Positive Sentiment: Analysts raised their price targets and maintained bullish ratings. Wells Fargo lifted its target to $225 from $220, Cantor Fitzgerald raised its target to $223 from $221, and Citigroup increased its target to $234 from $226. Wells Fargo and Cantor Fitzgerald both retained “overweight” ratings. Wells Fargo Digital Realty Trust rating
• Neutral Sentiment: Investor focus remains on execution and valuation. The raised outlook was close to existing expectations, limiting the potential for a major positive surprise. DLR also trades at a high earnings multiple, making the stock sensitive to interest rates and any slowdown in data-center demand.
• Negative Sentiment: Reported EPS missed the consensus estimate. Digital Realty posted quarterly EPS of $0.48 versus expectations of $0.52, despite the revenue beat. The earnings shortfall may have prompted profit-taking and helped offset the stronger FFO and operating metrics. Digital Realty Trust quarterly earnings
• Negative Sentiment: Put-option activity increased. Traders purchased 3,148 put options, approximately 87% above typical volume, signaling increased near-term hedging or bearish speculation.

About Digital Realty Trust

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.