Digital Realty Trust (NYSE:DLR – Free Report) had its target price upped by Wells Fargo & Company from $220.00 to $225.00 in a research report released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the real estate investment trust’s stock.
Several other analysts have also issued reports on DLR. Guggenheim upgraded Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Wednesday, July 15th. Mizuho set a $223.00 price target on shares of Digital Realty Trust in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $229.00 target price on shares of Digital Realty Trust in a research note on Monday, July 27th. JPMorgan Chase & Co. raised their target price 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. Finally, BTIG Research boosted their price objective on Digital Realty Trust from $215.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $221.35.
Get Our Latest Stock Analysis on Digital Realty Trust
Digital Realty Trust Stock Down 0.2%
Shares of NYSE:DLR opened at $180.26 on Friday. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a market capitalization of $66.88 billion, a PE ratio of 75.42, a P/E/G ratio of 3.47 and a beta of 0.97. The company has a current ratio of 0.72, a quick ratio of 1.06 and a debt-to-equity ratio of 0.70. The firm has a 50 day simple moving average of $181.45 and a 200-day simple moving average of $182.91.
Digital Realty Trust (NYSE:DLR – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.04). Digital Realty Trust had a return on equity of 3.68% and a net margin of 13.06%. 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 previous year, the company earned $1.89 EPS. Digital Realty Trust’s revenue was up 20.6% on a year-over-year basis. On average, equities analysts predict that Digital Realty Trust will post 8.37 EPS for the current fiscal year.
Digital Realty Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, September 15th. Digital Realty Trust’s dividend payout ratio is currently 204.18%.
Insiders Place Their Bets
In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the stock in a transaction on Thursday, August 27th. The stock was 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 in the company, valued at approximately $1,226,215.12. This trade represents a 3.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.15% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Digital Realty Trust
Several large investors have recently added to or reduced their stakes in DLR. Provenance Wealth Advisors LLC boosted its holdings in Digital Realty Trust by 3,600.0% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 148 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 144 shares during the period. Gables Capital Management Inc. bought a new position in Digital Realty Trust during the second quarter valued at $29,000. Bell Investment Advisors Inc bought a new stake in Digital Realty Trust during the 2nd quarter valued at $31,000. Ashurst Perkins Coie Trust Co purchased a new position in Digital Realty Trust in the 3rd quarter worth $31,000. Finally, First Community Trust NA acquired a new position in shares of Digital Realty Trust in the third quarter worth about $31,000. Institutional investors and hedge funds own 99.71% of the company’s stock.
Key Headlines 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.
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.
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