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

Digital Realty Trust, Inc. (NYSE:DLR) has earned a consensus recommendation of “Moderate Buy” from the twenty-nine analysts that are currently covering the company, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation, twenty have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $216.8148.

DLR has been the subject of a number of research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $211.00 price objective on shares of Digital Realty Trust in a research note on Friday, May 1st. Mizuho boosted their price target on shares of Digital Realty Trust from $180.00 to $217.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Digital Realty Trust from $196.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Citigroup reaffirmed an “outperform” rating on shares of Digital Realty Trust in a research note on Monday, April 27th. Finally, UBS Group lifted their price objective on Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a report on Friday, April 24th.

Digital Realty Trust Stock Down 0.1%

Shares of DLR opened at $173.09 on Monday. The firm has a market cap of $60.82 billion, a P/E ratio of 45.67, a P/E/G ratio of 4.71 and a beta of 1.03. The stock has a 50 day simple moving average of $189.88 and a two-hundred day simple moving average of $178.27. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.59 and a quick ratio of 1.59. Digital Realty Trust has a 1 year low of $146.23 and a 1 year high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, meeting analysts’ consensus estimates of $0.46. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the business earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, analysts forecast that Digital Realty Trust will post 8.05 earnings per share for the current fiscal 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 given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 128.76%.

Institutional Trading of Digital Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of Digital Realty Trust by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 54,260,359 shares of the real estate investment trust’s stock worth $8,394,620,000 after purchasing an additional 854,828 shares during the last quarter. Cohen & Steers Inc. grew its holdings in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock worth $4,332,366,000 after acquiring an additional 4,276,073 shares during the last quarter. Norges Bank purchased a new position in shares of Digital Realty Trust in the fourth quarter valued at about $3,402,995,000. State Street Corp increased its position in shares of Digital Realty Trust by 1.1% in the fourth quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust’s stock valued at $3,219,256,000 after acquiring an additional 231,933 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Digital Realty Trust by 6.0% during the first quarter. Bank of America Corp DE now owns 9,470,695 shares of the real estate investment trust’s stock valued at $1,706,714,000 after acquiring an additional 534,158 shares during the last quarter. 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.