Wolfe Research Issues Positive Forecast for Digital Realty Trust (NYSE:DLR) Stock Price

Digital Realty Trust (NYSE:DLRGet Free Report) had its target price upped by stock analysts at Wolfe Research from $194.00 to $211.00 in a report issued on Monday,MarketScreener reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. Wolfe Research’s price objective indicates a potential upside of 17.10% from the stock’s current price.

A number of other brokerages also recently commented on DLR. UBS Group set a $189.00 target price on Digital Realty Trust in a research note on Wednesday, January 14th. Citigroup dropped their price objective 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. Mizuho cut their target price on shares of Digital Realty Trust from $191.00 to $180.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft initiated coverage on Digital Realty Trust in a research note on Monday, January 5th. They issued a “buy” rating and a $180.00 price target for the company. Finally, Jefferies Financial Group raised their price objective on Digital Realty Trust from $184.00 to $189.00 and gave the company a “buy” rating in a report on Friday, February 6th. 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $195.56.

Check Out Our Latest Research Report on DLR

Digital Realty Trust Stock Down 1.0%

DLR stock opened at $180.19 on Monday. The company has a market capitalization of $61.92 billion, a P/E ratio of 50.20, a price-to-earnings-growth ratio of 4.02 and a beta of 1.07. Digital Realty Trust has a 12 month low of $130.88 and a 12 month high of $184.79. The firm’s fifty day simple moving average is $175.97 and its 200-day simple moving average is $167.98. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59.

Digital Realty Trust (NYSE:DLRGet Free Report) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the company posted $1.73 earnings per share. The firm’s revenue was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. As a group, equities research analysts forecast that Digital Realty Trust will post 7.07 earnings per share for the current year.

Institutional Investors Weigh In On Digital Realty Trust

A number of large investors have recently made changes to their positions in the stock. Pinnacle Bancorp Inc. acquired a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $25,000. Salomon & Ludwin LLC purchased a new stake in shares of Digital Realty Trust in the 3rd quarter valued at approximately $28,000. Sunbelt Securities Inc. increased its holdings in shares of Digital Realty Trust by 347.2% during the 3rd quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 125 shares during the last quarter. First Horizon Corp purchased a new stake in shares of Digital Realty Trust during the 3rd quarter valued at approximately $31,000. Finally, Harvest Fund Management Co. Ltd lifted its holdings in Digital Realty Trust by 970.6% in the third quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 165 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Digital Realty Trust Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Digital Realty Trust (NYSE:DLR)

Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.