Digital Realty Trust (NYSE:DLR) Research Coverage Started at Truist Financial

Truist Financial started coverage on shares of Digital Realty Trust (NYSE:DLR) in a research note released on Tuesday morning, MarketBeat reports. The firm issued a buy rating and a $207.00 price objective on the real estate investment trust’s stock.

DLR has been the topic of several other research reports. Weiss Ratings upgraded shares of Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. UBS Group set a $189.00 price target on shares of Digital Realty Trust in a report on Wednesday, January 14th. Scotiabank dropped 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. Jefferies Financial Group raised their price target on shares of Digital Realty Trust from $184.00 to $189.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, HSBC set a $193.00 price objective on shares of Digital Realty Trust and gave the company a “buy” rating in a research note on Thursday, January 15th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $194.88.

Digital Realty Trust Stock Up 0.8%

DLR opened at $181.86 on Tuesday. The company has a market cap of $62.49 billion, a P/E ratio of 50.52, a P/E/G ratio of 3.99 and a beta of 1.07. The business’s 50-day moving average price is $175.10 and its 200-day moving average price is $167.92. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a 12 month low of $129.95 and a 12 month high of $184.79.

Digital Realty Trust (NYSE:DLR) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.Digital Realty Trust’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, equities analysts expect that Digital Realty Trust will post 7.07 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a $1.22 dividend. The ex-dividend date was Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.7%. Digital Realty Trust’s dividend payout ratio is 135.56%.

Institutional Investors Weigh In On Digital Realty Trust

A number of large investors have recently modified their holdings of DLR. South Plains Financial Inc. raised its stake in 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 worth $42,000 after buying an additional 56 shares in the last quarter. Security National Bank of Sioux City Iowa IA boosted its position in Digital Realty Trust by 0.4% during the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after acquiring an additional 60 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of Digital Realty Trust by 2.6% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock worth $372,000 after acquiring an additional 61 shares during the period. PDS Planning Inc grew its holdings in shares of Digital Realty Trust by 3.6% during the 4th quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after acquiring an additional 62 shares during the period. Finally, Clarius Group LLC raised its position in shares of Digital Realty Trust by 3.2% in the 4th quarter. Clarius Group LLC now owns 2,024 shares of the real estate investment trust’s stock worth $313,000 after acquiring an additional 63 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Company Profile

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.