Digital Realty Trust (NYSE:DLR) Updates FY 2025 Earnings Guidance

Key Points

• Digital Realty Trust updated its FY 2025 earnings guidance, expecting earnings per share between 7.320 and 7.380, significantly higher than the consensus estimate of 4.650.
• The company also provided revenue guidance of $6.0 billion to $6.1 billion, aligning with analysts' expectations.
• Shares of Digital Realty Trust rose to $175.44 after trading, bolstered by a strong earnings report earlier this month and an increase in price target from analysts.

Digital Realty Trust (NYSE:DLR - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.320-7.380 for the period, compared to the consensus earnings per share estimate of 4.650. The company issued revenue guidance of $6.0 billion-$6.1 billion, compared to the consensus revenue estimate of $6.0 billion.

Digital Realty Trust Price Performance

Shares of Digital Realty Trust stock traded up $3.03 during trading hours on Thursday, reaching $175.44. 2,509,422 shares of the company's stock were exchanged, compared to its average volume of 1,972,014. Digital Realty Trust has a 1 year low of $129.95 and a 1 year high of $198.00. The company has a market capitalization of $59.83 billion, a P/E ratio of 46.05, a price-to-earnings-growth ratio of 4.83 and a beta of 0.96. The business has a fifty day moving average of $170.23 and a two-hundred day moving average of $168.29. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.82.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its earnings results on Thursday, October 23rd. The real estate investment trust reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.11. Digital Realty Trust had a net margin of 23.98% and a return on equity of 6.46%. Digital Realty Trust has set its FY 2025 guidance at 7.320-7.380 EPS. As a group, research analysts predict that Digital Realty Trust will post 7.07 earnings per share for the current fiscal year.

Digital Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust's payout ratio is presently 128.08%.

Wall Street Analyst Weigh In

DLR has been the topic of several recent research reports. Raymond James Financial boosted their price target on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a "strong-buy" rating in a research report on Friday, July 25th. Morgan Stanley initiated coverage on shares of Digital Realty Trust in a research report on Thursday, October 16th. They set an "equal weight" rating and a $195.00 price target on the stock. Weiss Ratings reissued a "buy (b-)" rating on shares of Digital Realty Trust in a research report on Wednesday, October 8th. Citigroup reissued a "buy" rating on shares of Digital Realty Trust in a research report on Tuesday, August 26th. Finally, Guggenheim initiated coverage on shares of Digital Realty Trust in a research report on Wednesday, July 9th. They set a "neutral" rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Digital Realty Trust presently has a consensus rating of "Moderate Buy" and an average price target of $193.05.

Insider Activity

In other news, CEO Andrew Power sold 53,269 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $175.16, for a total transaction of $9,330,598.04. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.13% of the company's stock.

Institutional Trading of Digital Realty Trust

Several hedge funds have recently made changes to their positions in DLR. MUFG Securities EMEA plc acquired a new stake in shares of Digital Realty Trust during the second quarter worth about $162,000. Auxier Asset Management acquired a new stake in shares of Digital Realty Trust during the second quarter worth about $208,000. Ausdal Financial Partners Inc. acquired a new stake in shares of Digital Realty Trust during the second quarter worth about $229,000. Geneos Wealth Management Inc. lifted its position in shares of Digital Realty Trust by 29.9% during the second quarter. Geneos Wealth Management Inc. now owns 1,372 shares of the real estate investment trust's stock worth $239,000 after purchasing an additional 316 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Digital Realty Trust during the second quarter worth about $419,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Company Profile

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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