Digital Realty Trust (NYSE:DLR – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 7.900-8.000 for the period, compared to the consensus EPS estimate of 5.310. The company issued revenue guidance of $6.6 billion-$6.7 billion, compared to the consensus revenue estimate of $6.7 billion.
Analysts Set New Price Targets
Several analysts have weighed in on DLR shares. Daiwa Capital Markets began coverage on Digital Realty Trust in a research report on Wednesday, October 22nd. They set a “buy” rating and a $210.00 price objective on the stock. Scotiabank reduced their price target on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research report on Thursday, January 29th. Bank of America reissued a “neutral” rating and set a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. Finally, Jefferies Financial Group cut their target price on shares of Digital Realty Trust from $206.00 to $184.00 and set a “buy” rating for the company in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $193.22.
Check Out Our Latest Analysis on DLR
Digital Realty Trust Price Performance
Digital Realty Trust (NYSE:DLR – Get Free Report) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter. Digital Realty Trust had a return on equity of 6.41% and a net margin of 23.67%.The company had revenue of $1.58 billion for the quarter. Analysts expect that Digital Realty Trust will post 7.07 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, Director Mary Hogan Preusse sold 4,166 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.
Hedge Funds Weigh In On Digital Realty Trust
A number of large investors have recently made changes to their positions in the company. Sunbelt Securities Inc. grew its stake in Digital Realty Trust by 347.2% in the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 125 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its position in Digital Realty Trust by 970.6% during 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 acquiring an additional 165 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Digital Realty Trust in the third quarter valued at approximately $34,000. Wiser Advisor Group LLC purchased a new stake in shares of Digital Realty Trust during the 3rd quarter valued at $45,000. Finally, Ancora Advisors LLC grew its stake in Digital Realty Trust by 33.4% during the 3rd quarter. Ancora Advisors LLC now owns 763 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 191 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.
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.
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