Digital Realty Trust, Inc. (NYSE:DLR) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Digital Realty Trust has a “Moderate Buy” consensus rating from 32 brokerages, with 25 buys, six holds and one strong buy. The average 12-month price target is approximately $219.61, implying upside from its $182.19 share price.
• The company’s latest quarter showed 28.9% year-over-year revenue growth to $1.92 billion, exceeding expectations, although adjusted earnings of $1.21 per share missed the $1.98 consensus estimate. Shares were down 1.1%, while the stock remains within its $146.23–$208.14 52-week range.
• Digital Realty declared a quarterly dividend of $1.22 per share, equivalent to $4.88 annually and a 2.7% yield. Institutional investors own 99.71% of the stock, while an insider recently sold 200 shares.

Shares of Digital Realty Trust, Inc. (NYSE:DLR - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the thirty-two brokerages that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $219.6129.

DLR has been the subject of several research analyst reports. Truist Financial decreased their target price on Digital Realty Trust from $225.00 to $220.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Wall Street Zen upgraded shares of Digital Realty Trust from a "sell" rating to a "hold" rating in a research report on Saturday, July 25th. Weiss Ratings downgraded shares of Digital Realty Trust from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, August 12th. Guggenheim raised shares of Digital Realty Trust from a "neutral" rating to a "buy" rating and set a $200.00 price objective on the stock in a research report on Wednesday, July 15th. Finally, HSBC upgraded shares of Digital Realty Trust from a "hold" rating to a "buy" rating and boosted their target price for the company from $210.00 to $240.00 in a research note on Thursday, August 13th.

Insiders Place Their Bets

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the firm's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total value of $38,792.00. Following the completion of the sale, the director directly owned 6,322 shares of the company's stock, valued at $1,226,215.12. This trade represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.15% of the company's stock.

Institutional Investors Weigh In On Digital Realty Trust

Several large investors have recently added to or reduced their stakes in the company. Gables Capital Management Inc. purchased a new stake in Digital Realty Trust during the second quarter valued at about $29,000. Bell Investment Advisors Inc increased its stake in shares of Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 62 shares in the last quarter. Solstein Capital LLC bought a new stake in shares of Digital Realty Trust in the second quarter valued at approximately $32,000. MCF Advisors LLC bought a new stake in shares of Digital Realty Trust in the fourth quarter valued at approximately $35,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of Digital Realty Trust by 157.4% during the 4th quarter. Hantz Financial Services Inc. now owns 242 shares of the real estate investment trust's stock valued at $37,000 after buying an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company's stock.

Digital Realty Trust Trading Down 1.1%

NYSE:DLR opened at $182.19 on Friday. Digital Realty Trust has a 52 week low of $146.23 and a 52 week high of $208.14. The firm has a 50-day moving average price of $187.75 and a two-hundred day moving average price of $187.07. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $67.59 billion, a price-to-earnings ratio of 88.44, a price-to-earnings-growth ratio of 3.53 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts' consensus estimates 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 return on equity of 3.34% and a net margin of 11.80%.Digital Realty Trust's quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, equities analysts expect that Digital Realty Trust will post 8.4 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $1.22 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 annualized dividend and a yield of 2.7%. Digital Realty Trust's dividend payout ratio is presently 236.89%.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.