Digital Realty Trust (NYSE:DLR – Free Report) had its target price lifted by JPMorgan Chase & Co. from $230.00 to $235.00 in a research note published on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the real estate investment trust’s stock.
Several other brokerages have also recently issued reports on DLR. BTIG Research started coverage on Digital Realty Trust in a research note on Friday, July 10th. They issued a “buy” rating and a $215.00 price objective for the company. Scotiabank raised their target price on shares of Digital Realty Trust from $195.00 to $222.00 and gave the company an “outperform” rating in a report on Monday, April 27th. Raymond James Financial lifted their price target on shares of Digital Realty Trust from $210.00 to $235.00 and gave the stock a “strong-buy” rating in a research note on Friday, April 24th. Truist Financial boosted their price target on shares of Digital Realty Trust from $208.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $215.00 price objective on shares of Digital Realty Trust in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $217.38.
View Our Latest Stock Report on Digital Realty Trust
Digital Realty Trust Stock Up 10.8%
Digital Realty Trust (NYSE:DLR – Get Free Report) last posted 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 business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.50%. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Research analysts expect that Digital Realty Trust will post 8.04 earnings per share for the current year.
Digital Realty Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, June 15th. Digital Realty Trust’s payout ratio is presently 236.89%.
Institutional Investors Weigh In On Digital Realty Trust
Institutional investors have recently modified their holdings of the company. Nomura Asset Management Co. Ltd. increased its holdings in Digital Realty Trust by 3.6% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 598,259 shares of the real estate investment trust’s stock valued at $92,557,000 after acquiring an additional 20,735 shares in the last quarter. Norges Bank acquired a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $3,402,995,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of Digital Realty Trust during the 4th quarter worth approximately $21,224,000. Legal & General Group Plc increased its stake in shares of Digital Realty Trust by 5.9% during the 4th quarter. Legal & General Group Plc now owns 4,007,211 shares of the real estate investment trust’s stock worth $619,956,000 after purchasing an additional 224,688 shares in the last quarter. Finally, Pacific Heights Asset Management LLC raised its position in shares of Digital Realty Trust by 20.0% during the 4th quarter. Pacific Heights Asset Management LLC now owns 150,000 shares of the real estate investment trust’s stock worth $23,206,000 after purchasing an additional 25,000 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.
More 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.
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.
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