Digital Realty Trust (NYSE:DLR) Issues FY 2026 Earnings Guidance

Digital Realty Trust (NYSE:DLR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.950-8.050 for the period, compared to the consensus earnings per share estimate of 7.940. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion.

Digital Realty Trust Stock Down 0.0%

DLR opened at $199.96 on Friday. The company has a market cap of $69.78 billion, a P/E ratio of 52.76, a P/E/G ratio of 4.43 and a beta of 1.07. The business’s 50-day moving average price is $183.22 and its 200-day moving average price is $170.22. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a 12 month low of $146.23 and a 12 month high of $208.14.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a return on equity of 6.08% and a net margin of 21.73%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, equities analysts expect that Digital Realty Trust will post 7.94 EPS for the current year.

Digital Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a $1.22 dividend. The ex-dividend date was Friday, March 13th. This represents a $4.88 annualized dividend and a dividend yield of 2.4%. Digital Realty Trust’s payout ratio is currently 135.56%.

Analysts Set New Price Targets

DLR has been the topic of several analyst reports. Evercore lifted their price objective on Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday. Wolfe Research lifted their price objective on Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Jefferies Financial Group lifted their price objective on Digital Realty Trust from $223.00 to $233.00 and gave the stock a “buy” rating in a report on Friday. Bank of America reiterated a “neutral” rating and issued a $170.00 price objective (down from $210.00) on shares of Digital Realty Trust in a report on Thursday, January 8th. Finally, UBS Group lifted their price objective on Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $210.50.

Digital Realty Trust News Roundup

Here are the key news stories impacting Digital Realty Trust this week:

• Positive Sentiment: Q1 beat and raised outlook — DLR reported beats on core metrics and raised FY‑2026 EPS and revenue guidance, citing leasing momentum and strong AI-driven demand that improved visibility for 2026. DLR Q1 Earnings Beat on Leasing Momentum and AI Demand, View Raised
• Positive Sentiment: FFO and revenue upside — DLR posted FFO and revenue above expectations (core FFO and FFO per share improved year-over-year), reinforcing cash‑flow growth supporting dividends and valuation. Digital Realty Trust (DLR) Beats Q1 FFO and Revenue Estimates
• Positive Sentiment: Strong backlog and development pipeline — management highlighted a record backlog (~$1.8B total, ~$1.0B DLR share), a >50% sequential increase in pipeline to ~1.2 GW under construction, and ~61% pre‑leased at attractive yields, giving multi‑year revenue visibility. Earnings Call Transcript
• Positive Sentiment: Broad analyst upgrades — multiple firms (Raymond James, Jefferies, Bernstein, BNP Paribas Exane, Citigroup, Stifel, Mizuho, others) raised price targets and/or ratings after results, signaling stronger sell‑side conviction on growth from AI/data‑center demand. Raymond James PT Raise Jefferies PT Raise
• Neutral Sentiment: Operational notes on the call — management flagged some supply‑chain and operational hurdles; these appear manageable but are worth monitoring for timing of capacity deliveries. Earnings Call Highlights
• Neutral Sentiment: Valuation to watch — shares have rallied into a premium multiple (high P/E), so investors should weigh continued execution and AI demand against a stretched valuation when sizing positions.
• Negative Sentiment: Corporate governance/activist item — an unrelated activist presentation at Americold called for votes against re‑electing board members including DLR’s CEO (Andrew Power) on Americold’s board; this could be a near‑term distraction or governance headline risk. Sieve Capital Presentation

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. increased its holdings in 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 valued at $28,000 after purchasing an additional 125 shares during the period. Harvest Fund Management Co. Ltd increased its holdings in Digital Realty Trust by 970.6% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 182 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 165 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Digital Realty Trust during the 3rd quarter valued at about $34,000. Wiser Advisor Group LLC purchased a new position in shares of Digital Realty Trust during the 3rd quarter worth approximately $45,000. Finally, Prosperity Bancshares Inc purchased a new position in shares of Digital Realty Trust during the 4th quarter worth approximately $56,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Company Profile

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.