Digital Realty Trust, Inc. (NYSE:DLR) Receives $194.68 Average Price Target from Analysts

Digital Realty Trust, Inc. (NYSE:DLR) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-seven analysts that are currently covering the company, Marketbeat.com reports. Eight analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and three have assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $194.68.

A number of research firms have recently weighed in on DLR. Weiss Ratings raised Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. Jefferies Financial Group boosted their price objective on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a report on Friday, February 6th. Mizuho lowered their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. HSBC set a $193.00 price target on Digital Realty Trust and gave the company a “buy” rating in a research note on Thursday, January 15th. Finally, Sanford C. Bernstein initiated coverage on Digital Realty Trust in a report on Thursday, March 5th. They issued an “outperform” rating and a $218.00 price objective for the company.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $175.30 on Friday. Digital Realty Trust has a 52 week low of $129.95 and a 52 week high of $184.79. The company has a market capitalization of $60.24 billion, a price-to-earnings ratio of 48.70, a PEG ratio of 3.88 and a beta of 1.12. The company has a 50-day simple moving average of $173.81 and a 200 day simple moving average of $167.69. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.03. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period last year, the business posted $1.73 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, sell-side analysts predict that Digital Realty Trust will post 7.07 earnings per share for the current year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Institutional Trading of Digital Realty Trust

Large investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. acquired a new stake in shares of Digital Realty Trust in the 3rd quarter valued at $25,000. Salomon & Ludwin LLC acquired a new stake in Digital Realty Trust in the third quarter valued at about $28,000. Sunbelt Securities Inc. grew its position 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 acquiring an additional 125 shares during the last quarter. First Horizon Corp acquired a new position in Digital Realty Trust during the third quarter worth about $31,000. Finally, Harvest Fund Management Co. Ltd lifted its holdings 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 worth $31,000 after acquiring an additional 165 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.