Digital Realty Trust (NYSE:DLR – Get Free Report) had its target price increased by equities researchers at Citigroup from $226.00 to $234.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Citigroup‘s price objective points to a potential upside of 29.81% from the stock’s current price.
Several other analysts also recently commented on DLR. Evercore reaffirmed an “outperform” rating and set a $240.00 price objective on shares of Digital Realty Trust in a research report on Tuesday, August 18th. Rothschild & Co Redburn initiated coverage on shares of Digital Realty Trust in a research note on Monday, September 21st. They issued a “buy” rating and a $227.00 price objective for the company. Sanford C. Bernstein reiterated an “outperform” rating and set a $229.00 target price on shares of Digital Realty Trust in a research report on Friday. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price on the stock in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. raised their price target 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $221.35.
Get Our Latest Analysis on DLR
Digital Realty Trust Trading Down 1.4%
Digital Realty Trust stock traded down $2.65 during trading hours on Friday, reaching $180.26. 4,139,985 shares of the company’s stock were exchanged, compared to its average volume of 2,325,516. The firm’s 50 day simple moving average is $181.73 and its 200 day simple moving average is $182.80. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $66.88 billion, a PE ratio of 87.50, a PEG ratio of 3.47 and a beta of 0.99.
Digital Realty Trust (NYSE:DLR – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.04). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same period in the prior year, the firm earned $1.89 earnings per share. The firm’s revenue for the quarter was up 20.6% compared to the same quarter last year. Research analysts predict that Digital Realty Trust will post 8.33 earnings per share for the current year.
Insider Transactions at Digital Realty Trust
In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the stock in a transaction dated 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 owned 6,322 shares in the company, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.15% of the company’s stock.
Hedge Funds Weigh In On Digital Realty Trust
A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Digital Realty Trust during the 2nd quarter valued at $7,277,032,000. Bank of America Corp DE bought a new stake in Digital Realty Trust during the second quarter valued at approximately $1,605,671,000. Canada Pension Plan Investment Board bought a new stake in Digital Realty Trust during the second quarter valued at approximately $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Digital Realty Trust by 17,256.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust’s stock worth $878,325,000 after buying an additional 4,862,814 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in Digital Realty Trust in the 2nd quarter worth approximately $691,559,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.
Key Stories Impacting Digital Realty Trust
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.
Digital Realty Trust Company Profile
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.
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