Q1 Earnings Estimate for DLR Issued By KeyCorp

Key Points

• KeyCorp forecasts Digital Realty Trust will earn $2.20 per share in Q1 2027 and $9.10 per share for full-year 2027; it rates the stock “Sector Weight.”
• In its latest reported quarter, the REIT posted EPS of $0.48, below the $0.52 consensus, while revenue of $1.90 billion topped estimates and rose 20.6% year over year.
• Analysts collectively rate the stock “Moderate Buy,” with a consensus price target of $221.53.

Digital Realty Trust, Inc. (NYSE:DLR - Free Report) - Equities research analysts at KeyCorp issued their Q1 2027 earnings per share estimates for shares of Digital Realty Trust in a research report issued to clients and investors on Thursday, October 29th. KeyCorp analyst B. Nispel forecasts that the real estate investment trust will earn $2.20 per share for the quarter. KeyCorp has a "Sector Weight" rating on the stock. The consensus estimate for Digital Realty Trust's current full-year earnings is $8.42 per share. KeyCorp also issued estimates for Digital Realty Trust's Q2 2027 earnings at $2.32 EPS, Q3 2027 earnings at $2.22 EPS, Q4 2027 earnings at $2.37 EPS and FY2027 earnings at $9.10 EPS.

Digital Realty Trust (NYSE:DLR - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.04). The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.75 billion. Digital Realty Trust had a net margin of 13.06% and a return on equity of 3.68%. The business's revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.89 EPS.

A number of other analysts have also commented on the stock. Truist Financial cut their price objective on shares of Digital Realty Trust from $225.00 to $220.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Mizuho set a $223.00 target price on shares of Digital Realty Trust in a report on Monday, August 10th. HSBC decreased their target price on shares of Digital Realty Trust from $240.00 to $235.00 and set a "buy" rating for the company in a research report on Wednesday, September 23rd. The Goldman Sachs Group reiterated a "buy" rating and issued a $237.00 price target on shares of Digital Realty Trust in a research note on Friday, October 30th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an "overweight" rating in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $221.53.

Digital Realty Trust Trading Down 0.1%

NYSE:DLR opened at $174.03 on Monday. The company has a market cap of $65.84 billion, a P/E ratio of 72.81, a price-to-earnings-growth ratio of 3.40 and a beta of 0.97. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The business has a 50 day moving average price of $180.10 and a two-hundred day moving average price of $183.34. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.70.

Digital Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.88 annualized dividend and a dividend yield of 2.8%. Digital Realty Trust's payout ratio is 204.18%.

Insider Buying and Selling at Digital Realty Trust

In other news, Director Mark Patterson sold 200 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $193.96, for a total transaction of $38,792.00. Following the sale, the director owned 6,322 shares in the company, valued at $1,226,215.12. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.15% of the stock is owned by company insiders.

Hedge Funds Weigh In On Digital Realty Trust

Several hedge funds and other institutional investors have recently made changes to their positions in DLR. BlackRock Inc. acquired a new position in shares of Digital Realty Trust during the 2nd quarter worth approximately $7,277,032,000. Bank of America Corp DE bought a new stake in Digital Realty Trust in the 2nd quarter valued at $1,605,671,000. Canada Pension Plan Investment Board bought a new stake in Digital Realty Trust in the 2nd quarter valued at $1,178,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Digital Realty Trust by 17,256.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,890,993 shares of the real estate investment trust's stock valued at $878,325,000 after acquiring an additional 4,862,814 shares during the period. Finally, Legal & General Group Plc acquired a new stake in Digital Realty Trust during the 2nd quarter valued at $691,559,000. 99.71% of the stock is owned by institutional investors.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers. Its facilities support customers' IT infrastructure, including the equipment and systems used to store, process and exchange digital information.

The company provides data center space and related services, including colocation, interconnection and access to cloud and network providers. Its PlatformDIGITAL offering connects businesses with customers, partners and service providers across its data center portfolio.

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