Digital Realty Trust (DLR) to Release Quarterly Earnings on Monday
Digital Realty Trust (NYSE:DLR) is scheduled to issue its Q413 quarterly earnings data on Monday, February 24th. Analysts expect the company to announce earnings of $1.14 per share and revenue of $376.66 million for the quarter.
Digital Realty Trust (NYSE:DLR) opened at 52.09 on Friday. Digital Realty Trust has a one year low of $43.04 and a one year high of $74.00. The stock has a 50-day moving average of $51.52 and a 200-day moving average of $51.52. The company has a market cap of $6.690 billion and a P/E ratio of 24.42.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 6.37%. The ex-dividend date is Wednesday, March 12th. This is an increase from Digital Realty Trust’s previous quarterly dividend of $0.78.
A number of analysts have recently weighed in on DLR shares. Analysts at TheStreet upgraded shares of Digital Realty Trust from a “hold” rating to a “buy” rating in a research note on Tuesday. On a related note, analysts at Morgan Stanley downgraded shares of Digital Realty Trust to an “overweight” rating in a research note on Wednesday, February 12th. They now have a $73.00 price target on the stock. Finally, analysts at Macquarie downgraded shares of Digital Realty Trust from a “neutral” rating to an “underperform” rating in a research note on Wednesday, January 29th. They now have a $43.00 price target on the stock, down previously from $52.12. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $59.52.
Digital Realty Trust, Inc is a real estate investment trust (NYSE:DLR).
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