Digital Realty Trust, Inc. (NYSE:DLR) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Digital Realty Trust, Inc. (NYSE:DLR) have received an average rating of “Moderate Buy” from the twenty-seven research firms that are currently covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $194.68.

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Digital Realty Trust from $188.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. KeyCorp reissued a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Raymond James Financial reissued a “strong-buy” rating and issued a $210.00 target price on shares of Digital Realty Trust in a research report on Thursday, March 12th. Bank of America restated a “neutral” rating and issued a $170.00 target price (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Finally, Citigroup cut their price target on Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating for the company in a research note on Friday, February 6th.

Hedge Funds Weigh In On Digital Realty Trust

Several large investors have recently modified their holdings of the business. Pinnacle Bancorp Inc. purchased a new position in Digital Realty Trust in the 3rd quarter valued at approximately $25,000. Salomon & Ludwin LLC purchased a new stake in shares of Digital Realty Trust during the third quarter worth $28,000. Sunbelt Securities Inc. lifted its position in shares of 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. First Horizon Corp bought a new position in shares of Digital Realty Trust in the third quarter worth $31,000. Finally, Harvest Fund Management Co. Ltd grew its position in shares of Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Price Performance

DLR opened at $175.60 on Friday. Digital Realty Trust has a fifty-two week low of $129.95 and a fifty-two week high of $184.79. The firm has a 50-day moving average of $173.58 and a 200 day moving average of $167.70. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 1.59. The firm has a market cap of $60.34 billion, a P/E ratio of 48.78, a PEG ratio of 3.87 and a beta of 1.12.

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

Digital Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend 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 135.56%.

Digital Realty Trust Company Profile

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.