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

Digital Realty Trust, Inc. (NYSE:DLR) has been given a consensus recommendation of “Moderate Buy” by the twenty-seven brokerages that are covering the firm, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and three have given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $194.68.

DLR has been the subject of a number of recent research reports. HSBC set a $193.00 price objective on Digital Realty Trust and gave the stock a “buy” rating in a report on Thursday, January 15th. Jefferies Financial Group lifted their target price on Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Sanford C. Bernstein began coverage on Digital Realty Trust in a report on Thursday, March 5th. They set an “outperform” rating and a $218.00 price target for the company. The Goldman Sachs Group raised their price objective on Digital Realty Trust from $188.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Mizuho cut their price objective on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating on the stock in a report on Monday, January 12th.

Institutional Investors Weigh In On Digital Realty Trust

A number of institutional investors have recently added to or reduced their stakes in DLR. Bison Wealth LLC grew its holdings in shares of Digital Realty Trust by 17.2% in the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares in the last quarter. Empowered Funds LLC lifted its holdings in Digital Realty Trust by 9.4% during the first quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after acquiring an additional 584 shares during the period. Global Retirement Partners LLC bought a new stake in Digital Realty Trust during the second quarter worth $293,000. CreativeOne Wealth LLC boosted its position in Digital Realty Trust by 25.1% in the second quarter. CreativeOne Wealth LLC now owns 1,752 shares of the real estate investment trust’s stock worth $305,000 after purchasing an additional 352 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its stake in Digital Realty Trust by 21.4% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 2,625 shares of the real estate investment trust’s stock valued at $458,000 after purchasing an additional 463 shares during the period. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust Stock Up 0.5%

Digital Realty Trust stock opened at $175.60 on Friday. Digital Realty Trust has a 1-year low of $129.95 and a 1-year high of $184.79. The firm has a market capitalization of $60.34 billion, a price-to-earnings ratio of 48.78, a price-to-earnings-growth ratio of 3.87 and a beta of 1.12. The firm’s fifty day moving average price is $173.58 and its two-hundred day moving average price is $167.70. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last posted its earnings results 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. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the firm posted $1.73 earnings per share. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, equities research analysts predict that Digital Realty Trust will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 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.