Digital Realty Trust (NYSE:DLR) Given New $221.00 Price Target at Cantor Fitzgerald

Digital Realty Trust (NYSE:DLR) had its target price raised by Cantor Fitzgerald from $211.00 to $221.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s target price suggests a potential upside of 14.42% from the company’s previous close.

Several other equities analysts have also commented on DLR. Evercore increased their price objective on Digital Realty Trust from $200.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. UBS Group raised their target price on Digital Realty Trust from $225.00 to $227.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Wall Street Zen upgraded shares of Digital Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday. Guggenheim raised Digital Realty Trust from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a research report on Wednesday, July 15th. Finally, BMO Capital Markets increased their target price on Digital Realty Trust from $205.00 to $220.00 and gave the stock an “outperform” rating in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Digital Realty Trust presently has an average rating of “Moderate Buy” and an average price target of $218.33.

Digital Realty Trust Stock Down 1.3%

Shares of NYSE DLR opened at $193.14 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average of $184.84 and a 200-day moving average of $181.43. The firm has a market capitalization of $67.87 billion, a price-to-earnings ratio of 93.76, a PEG ratio of 5.60 and a beta of 1.03. 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 announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.87 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. Sell-side analysts expect that Digital Realty Trust will post 8.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Digital Realty Trust

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bison Wealth LLC increased its holdings in shares of Digital Realty Trust by 17.2% during the fourth quarter. Bison Wealth LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $471,000 after acquiring an additional 390 shares in the last quarter. Empowered Funds LLC boosted its stake in Digital Realty Trust by 9.4% in the 1st quarter. Empowered Funds LLC now owns 6,784 shares of the real estate investment trust’s stock worth $972,000 after purchasing an additional 584 shares in the last quarter. NewEdge Advisors LLC grew its position in Digital Realty Trust by 23.0% during the 2nd quarter. NewEdge Advisors LLC now owns 21,739 shares of the real estate investment trust’s stock valued at $3,790,000 after purchasing an additional 4,069 shares during the last quarter. Treasurer of the State of North Carolina grew its position in Digital Realty Trust by 3.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 157,567 shares of the real estate investment trust’s stock valued at $27,469,000 after purchasing an additional 5,909 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its stake in Digital Realty Trust by 0.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 27,631 shares of the real estate investment trust’s stock valued at $4,816,000 after purchasing an additional 231 shares in the last quarter. 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.