Digital Realty Trust (NYSE:DLR) Price Target Raised to $205.00

Digital Realty Trust (NYSE:DLR) had its price target increased by BMO Capital Markets from $195.00 to $205.00 in a research note released on Tuesday,MarketScreener reports. The brokerage currently has an outperform rating on the real estate investment trust’s stock.

Several other equities research analysts also recently issued reports on the company. The Goldman Sachs Group increased their price target on Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Moffett Nathanson increased their target price on Digital Realty Trust from $166.00 to $172.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Deutsche Bank Aktiengesellschaft started coverage on shares of Digital Realty Trust in a report on Monday, January 5th. They set a “buy” rating and a $180.00 target price on the stock. Daiwa Securities Group initiated coverage on shares of Digital Realty Trust in a report on Wednesday, October 22nd. They issued a “buy” rating and a $210.00 price target for the company. Finally, HSBC set a $193.00 price objective on shares of Digital Realty Trust and gave the stock a “buy” rating in a report on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Digital Realty Trust has a consensus rating of “Moderate Buy” and a consensus target price of $192.33.

Digital Realty Trust Stock Up 0.5%

Shares of NYSE DLR opened at $176.82 on Tuesday. Digital Realty Trust has a 52-week low of $129.95 and a 52-week high of $184.79. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.02 and a current ratio of 1.59. The stock has a market cap of $60.76 billion, a P/E ratio of 49.12, a P/E/G ratio of 3.89 and a beta of 1.12. The firm has a 50 day moving average price of $161.58 and a 200 day moving average price of $165.70.

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

Digital Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a dividend of $1.22 per share. The ex-dividend date is Friday, March 13th. This represents a $4.88 annualized dividend and a yield of 2.8%. Digital Realty Trust’s dividend payout ratio is presently 135.56%.

Insider Transactions at Digital Realty Trust

In other Digital Realty Trust news, Director Mary Hogan Preusse sold 4,166 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $157.42, for a total transaction of $655,811.72. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.13% of the company’s stock.

Institutional Trading of Digital Realty Trust

Several institutional investors and hedge funds have recently bought and sold shares of DLR. Pinnacle Bancorp Inc. acquired a new position in shares of Digital Realty Trust during the 3rd quarter worth approximately $25,000. South Plains Financial Inc. grew its stake in shares of Digital Realty Trust by 280.5% in the second quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 115 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in Digital Realty Trust during the third quarter worth $28,000. Sunbelt Securities Inc. raised its position in Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares in the last quarter. Finally, Tobam acquired a new stake in Digital Realty Trust in the second quarter valued at $28,000. Institutional investors own 99.71% of the company’s stock.

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.