Digital Realty Trust, Inc. (DLR) To Go Ex-Dividend on September 15th

Digital Realty Trust, Inc. (NYSE:DLR) announced a quarterly dividend on Tuesday, August 11th. Stockholders of record on Tuesday, September 15th will be given a dividend of 1.22 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Digital Realty Trust has raised its dividend payment by an average of 0.0%annually over the last three years. Digital Realty Trust has a payout ratio of 305.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Digital Realty Trust to earn $9.01 per share next year, which means the company should continue to be able to cover its $4.88 annual dividend with an expected future payout ratio of 54.2%.

Digital Realty Trust Stock Performance

Shares of DLR stock opened at $197.00 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. The company has a market cap of $72.90 billion, a PE ratio of 95.63, a P/E/G ratio of 5.41 and a beta of 1.03. The company’s fifty day simple moving average is $185.34 and its 200-day simple moving average is $183.98. Digital Realty Trust has a 52 week low of $146.23 and a 52 week high of $208.14.

Digital Realty Trust (NYSE:DLR) last announced its quarterly 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). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the company posted $1.87 earnings per share. The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, equities research analysts anticipate that Digital Realty Trust will post 8.4 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Mizuho set a $223.00 target price on Digital Realty Trust in a report on Monday. Wells Fargo & Company upgraded Digital Realty Trust from an “overweight” rating to a “buy” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price objective on shares of Digital Realty Trust from $230.00 to $235.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Argus raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and set a $212.00 target price on the stock in a report on Wednesday, August 5th. Finally, TD Cowen raised shares of Digital Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $192.00 to $222.00 in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $218.16.

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.