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

Digital Realty Trust (NYSE:DLR) had its target price boosted by equities researchers at Citigroup from $226.00 to $234.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Citigroup‘s price objective indicates a potential upside of 29.81% from the company’s current price.

A number of other research analysts have also recently commented on the stock. The Goldman Sachs Group reiterated a “buy” rating and set a $237.00 price target on shares of Digital Realty Trust in a research report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Weiss Ratings cut shares of Digital Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Wall Street Zen raised shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Wells Fargo & Company lifted their target price on shares of Digital Realty Trust from $220.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $221.35.

Digital Realty Trust Price Performance

Shares of DLR traded down $2.65 during midday trading on Friday, reaching $180.26. The stock had a trading volume of 4,139,985 shares, compared to its average volume of 2,325,516. The company’s 50-day moving average is $181.73 and its 200 day moving average is $182.80. Digital Realty Trust has a 12-month low of $146.23 and a 12-month high of $208.14. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $66.88 billion, a price-to-earnings ratio of 87.50, a price-to-earnings-growth ratio of 3.47 and a beta of 0.99.

Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.04). The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.75 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 20.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.89 earnings per share. On average, equities analysts predict that Digital Realty Trust will post 8.33 EPS for the current fiscal year.

Insider Activity

In related news, Director Mark Patterson sold 200 shares of Digital Realty Trust 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 transaction, the director directly owned 6,322 shares of the company’s stock, valued at $1,226,215.12. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Digital Realty Trust

Several institutional investors have recently added to or reduced their stakes in the company. Cherry Creek Investment Advisors Inc. raised its stake in shares of Digital Realty Trust by 0.3% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 18,745 shares of the real estate investment trust’s stock valued at $3,378,000 after acquiring an additional 51 shares during the last quarter. Columbia Bank grew its stake in shares of Digital Realty Trust by 0.9% in the first quarter. Columbia Bank now owns 6,167 shares of the real estate investment trust’s stock worth $1,111,000 after purchasing an additional 53 shares during the last quarter. Denali Advisors LLC grew its stake in shares of Digital Realty Trust by 1.3% in the second quarter. Denali Advisors LLC now owns 4,359 shares of the real estate investment trust’s stock worth $783,000 after purchasing an additional 56 shares during the last quarter. Twin Capital Management Inc. grew 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 worth $1,012,000 after purchasing an additional 59 shares during the last quarter. Finally, Axis Wealth Partners LLC increased its holdings in Digital Realty Trust by 3.9% during the 1st quarter. Axis Wealth Partners LLC now owns 1,672 shares of the real estate investment trust’s stock valued at $301,000 after purchasing an additional 62 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

More Digital Realty Trust News

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.