Wolfe Research Forecasts Strong Price Appreciation for Digital Realty Trust (NYSE:DLR) Stock

Digital Realty Trust (NYSE:DLR) had its target price raised by equities research analysts at Wolfe Research from $194.00 to $211.00 in a report released on Monday,MarketScreener reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. Wolfe Research’s target price would indicate a potential upside of 15.85% from the stock’s current price.

Several other research analysts also recently commented on DLR. Citigroup reduced their price target on shares of Digital Realty Trust from $212.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Scotiabank decreased their price objective on shares of Digital Realty Trust from $206.00 to $189.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 14th. UBS Group set a $189.00 price objective on shares of Digital Realty Trust in a report on Wednesday, January 14th. Stifel Nicolaus decreased their price objective on shares of Digital Realty Trust from $210.00 to $200.00 and set a “buy” rating for the company in a report on Friday, February 6th. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $210.00 price objective on shares of Digital Realty Trust in a report on Thursday, March 12th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $195.56.

Digital Realty Trust Trading Up 0.1%

Shares of DLR opened at $182.14 on Monday. Digital Realty Trust has a twelve month low of $130.88 and a twelve month high of $184.79. The company has a market cap of $62.58 billion, a P/E ratio of 50.59, a P/E/G ratio of 4.02 and a beta of 1.07. 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’s fifty day simple moving average is $176.34 and its 200-day simple moving average is $168.05.

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 for the quarter, beating 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 business had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the firm posted $1.73 earnings per share. The business’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. As a group, analysts expect that Digital Realty Trust will post 7.07 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. South Plains Financial Inc. increased its position in Digital Realty Trust by 25.7% during the 4th 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 during the period. Security National Bank of Sioux City Iowa IA boosted its holdings in shares of 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 holdings in shares of 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 valued at $372,000 after buying an additional 61 shares in the last quarter. PDS Planning Inc boosted its holdings in shares of 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 valued at $276,000 after buying an additional 62 shares in the last quarter. Finally, Clarius Group LLC boosted 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 buying an additional 63 shares in the last quarter. Hedge funds and other 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.