Digital Realty Trust (NYSE:DLR - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 7.150-7.250 for the period, compared to the consensus EPS estimate of 7.114. The company issued revenue guidance of $5.9 billion-$6.0 billion, compared to the consensus revenue estimate of $5.9 billion.
Digital Realty Trust Stock Performance
Shares of Digital Realty Trust stock traded down $2.16 on Friday, hitting $177.86. The stock had a trading volume of 2,602,172 shares, compared to its average volume of 1,482,118. The stock has a market cap of $59.90 billion, a price-to-earnings ratio of 46.68, a price-to-earnings-growth ratio of 2.71 and a beta of 0.95. Digital Realty Trust has a twelve month low of $129.95 and a twelve month high of $198.00. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.81. The business's 50 day moving average is $173.62 and its two-hundred day moving average is $164.02.
Digital Realty Trust (NYSE:DLR - Get Free Report) last announced its earnings results on Thursday, July 24th. The real estate investment trust reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.13. Digital Realty Trust had a return on equity of 6.59% and a net margin of 23.98%. The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period last year, the company earned $1.65 EPS. Digital Realty Trust's revenue for the quarter was up 10.0% compared to the same quarter last year. Analysts forecast that Digital Realty Trust will post 7.07 EPS for the current year.
Digital Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $4.88 dividend on an annualized basis and a yield of 2.74%. Digital Realty Trust's payout ratio is 128.08%.
Analyst Upgrades and Downgrades
Several analysts have issued reports on DLR shares. Truist Financial cut their price target on shares of Digital Realty Trust from $185.00 to $184.00 and set a "buy" rating for the company in a research report on Monday, May 12th. Oppenheimer started coverage on shares of Digital Realty Trust in a report on Wednesday, May 14th. They set an "outperform" rating and a $200.00 target price for the company. Bank of America started coverage on shares of Digital Realty Trust in a report on Monday, May 19th. They set a "buy" rating and a $210.00 target price for the company. Scotiabank dropped their target price on shares of Digital Realty Trust from $208.00 to $206.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 22nd. Finally, Jefferies Financial Group reiterated a "buy" rating and set a $193.00 target price (up from $190.00) on shares of Digital Realty Trust in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Digital Realty Trust presently has an average rating of "Moderate Buy" and a consensus price target of $188.53.
Check Out Our Latest Report on DLR
Insider Buying and Selling at Digital Realty Trust
In related news, Director Mark R. Patterson sold 175 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $176.50, for a total value of $30,887.50. Following the sale, the director directly owned 6,522 shares of the company's stock, valued at approximately $1,151,133. This represents a 2.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is currently owned by company insiders.
Institutional Trading of Digital Realty Trust
A hedge fund recently raised its stake in Digital Realty Trust stock. Empowered Funds LLC lifted its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 9.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,784 shares of the real estate investment trust's stock after purchasing an additional 584 shares during the quarter. Empowered Funds LLC's holdings in Digital Realty Trust were worth $972,000 at the end of the most recent reporting period. 99.71% of the stock is currently owned by institutional investors.
About Digital Realty Trust
(
Get Free Report)
Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.
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