BMO Capital Markets Forecasts Strong Price Appreciation for Digital Realty Trust (NYSE:DLR) Stock

Digital Realty Trust (NYSE:DLRGet Free Report) had its price target raised by analysts at BMO Capital Markets from $195.00 to $205.00 in a note issued to investors on Tuesday,MarketScreener reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. BMO Capital Markets’ price objective indicates a potential upside of 16.42% from the company’s current price.

Several other equities analysts also recently commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. UBS Group set a $189.00 price objective on shares of Digital Realty Trust in a research note on Wednesday, January 14th. Stifel Nicolaus cut their price target on shares of Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Jefferies Financial Group lifted their price objective on shares of Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Bank of America reiterated a “neutral” rating and set a $170.00 target price (down previously from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $192.33.

Get Our Latest Report on DLR

Digital Realty Trust Stock Down 2.1%

Shares of DLR stock opened at $176.09 on Tuesday. The stock has a market cap of $60.51 billion, a P/E ratio of 48.91, a PEG ratio of 3.98 and a beta of 1.12. The company’s fifty day simple moving average is $161.22 and its two-hundred day simple moving average is $165.63. Digital Realty Trust has a 52 week low of $129.95 and a 52 week high of $184.79. The company has a quick ratio of 2.02, a current ratio of 1.59 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLRGet Free Report) last released 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 company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.Digital Realty Trust’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the business posted $1.73 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Analysts predict that Digital Realty Trust will post 7.07 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Mary Hogan Preusse sold 4,166 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $157.42, for a total value of $655,811.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.

Institutional Trading of Digital Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. South Plains Financial Inc. lifted its holdings in shares of Digital Realty Trust by 25.7% in the fourth quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 56 shares in the last quarter. Security National Bank of Sioux City Iowa IA grew its stake in Digital Realty Trust by 0.4% in the 3rd quarter. Security National Bank of Sioux City Iowa IA now owns 14,335 shares of the real estate investment trust’s stock valued at $2,478,000 after buying an additional 60 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Digital Realty Trust by 2.6% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock worth $372,000 after purchasing an additional 61 shares during the period. PDS Planning Inc lifted its stake in Digital Realty Trust by 3.6% in the 4th quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock worth $276,000 after purchasing an additional 62 shares in the last quarter. Finally, Clarius Group LLC raised its holdings in shares of Digital Realty Trust by 3.2% in the 4th quarter. Clarius Group LLC now owns 2,024 shares of the real estate investment trust’s stock valued at $313,000 after acquiring an additional 63 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Digital Realty Trust Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.