Digital Realty Trust (NYSE:DLR) Upgraded at TD Cowen

TD Cowen upgraded shares of Digital Realty Trust (NYSE:DLR) from a hold rating to a buy rating in a research note issued to investors on Friday, Marketbeat.com reports. TD Cowen currently has $222.00 target price on the real estate investment trust’s stock, up from their prior target price of $192.00.

Several other equities analysts have also recently issued reports on the stock. BNP Paribas Exane boosted their target price on shares of Digital Realty Trust from $196.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. The Goldman Sachs Group restated a “buy” rating and set a $215.00 price target on shares of Digital Realty Trust in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Digital Realty Trust from $196.00 to $220.00 and gave the company a “buy” rating in a report on Monday, May 18th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a research note on Friday. Finally, Evercore raised their target price on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $217.38.

Digital Realty Trust Stock Down 0.2%

Shares of DLR stock opened at $198.63 on Friday. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The stock has a market cap of $69.80 billion, a P/E ratio of 96.42, a P/E/G ratio of 5.27 and a beta of 1.03. The stock has a 50 day moving average of $184.56 and a 200 day moving average of $180.89. The company has a current ratio of 0.87, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, sell-side analysts expect that Digital Realty Trust will post 8.26 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.88 dividend on an annualized basis and a yield of 2.5%. Digital Realty Trust’s dividend payout ratio (DPR) is currently 236.89%.

Hedge Funds Weigh In On Digital Realty Trust

Large investors have recently added to or reduced their stakes in the stock. Cherry Creek Investment Advisors Inc. lifted its holdings in 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 purchasing an additional 51 shares in the last quarter. Columbia Bank increased its stake in shares of Digital Realty Trust by 0.9% during 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 in the last quarter. GHP Investment Advisors Inc. raised its position in shares of Digital Realty Trust by 9.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 55 shares during the last quarter. South Plains Financial Inc. raised its position in shares of Digital Realty Trust by 25.7% during the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 56 shares during the last quarter. Finally, Twin Capital Management Inc. lifted its stake in Digital Realty Trust by 1.1% in the 1st quarter. Twin Capital Management Inc. now owns 5,618 shares of the real estate investment trust’s stock valued at $1,012,000 after buying an additional 59 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Key Digital Realty Trust News

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Digital Realty reported Q2 results that showed strong leasing activity, a record backlog, and higher renewal rents, which helped the company beat FFO expectations and improve its 2026 outlook.
• Positive Sentiment: The company raised FY 2026 adjusted FFO guidance to $8.15-$8.20 per share and lifted revenue guidance to $6.9 billion-$7.0 billion, signaling confidence in continued cloud and AI-driven demand.
• Positive Sentiment: TD Cowen upgraded Digital Realty Trust to Buy from Hold and raised its price target to $222 from $192, citing stronger data center demand. Article Title
• Positive Sentiment: JPMorgan also raised its price target on DLR to $235 from $230 and reiterated an Overweight rating, implying additional upside from current levels. Article Title
• Neutral Sentiment: Despite the upbeat guidance, the company’s reported EPS of $1.21 came in well below Wall Street expectations, so investors are balancing the earnings miss against the stronger operating trends.

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.