Barclays Issues Positive Forecast for Digital Realty Trust (NYSE:DLR) Stock Price

Digital Realty Trust (NYSE:DLR) had its price target lifted by Barclays from $164.00 to $182.00 in a report published on Wednesday,Benzinga reports. Barclays currently has an equal weight rating on the real estate investment trust’s stock.

DLR has been the subject of a number of other reports. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $210.00 price objective on shares of Digital Realty Trust in a research note on Thursday, March 12th. BMO Capital Markets upped their target price on Digital Realty Trust from $195.00 to $205.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft initiated coverage on Digital Realty Trust in a research report on Monday, January 5th. They set a “buy” rating and a $180.00 target price on the stock. UBS Group set a $189.00 price target on Digital Realty Trust in a research report on Wednesday, January 14th. Finally, Sanford C. Bernstein started coverage on shares of Digital Realty Trust in a report on Thursday, March 5th. They issued an “outperform” rating and a $218.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $194.68.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR opened at $178.86 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $61.46 billion, a price-to-earnings ratio of 49.68, a PEG ratio of 3.99 and a beta of 1.12. Digital Realty Trust has a 12 month low of $129.95 and a 12 month high of $184.79. The firm’s 50-day moving average is $171.22 and its 200 day moving average is $167.12.

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

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, March 13th. Digital Realty Trust’s payout ratio is presently 135.56%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DLR. Pinnacle Bancorp Inc. acquired a new stake in shares of Digital Realty Trust in the third quarter worth $25,000. South Plains Financial Inc. grew its stake in shares of Digital Realty Trust by 280.5% during the 2nd quarter. South Plains Financial Inc. now owns 156 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 115 shares during the period. Salomon & Ludwin LLC acquired a new stake in shares of Digital Realty Trust during the 3rd quarter worth approximately $28,000. Sunbelt Securities Inc. increased its holdings in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 125 shares in the last quarter. Finally, First Horizon Corp acquired a new position in shares of Digital Realty Trust in the 3rd quarter valued at $31,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

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.