Digital Realty Trust (NYSE:DLR) Price Target Raised to $226.00 at Citigroup

Digital Realty Trust (NYSE:DLRGet Free Report) had its price target lifted by analysts at Citigroup from $190.00 to $226.00 in a research note issued to investors on Friday,MarketScreener reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s target price suggests a potential upside of 9.35% from the stock’s previous close.

DLR has been the subject of several other research reports. Bank of America reaffirmed a “neutral” rating and set a $170.00 price target (down from $210.00) on shares of Digital Realty Trust in a research report on Thursday, January 8th. HSBC set a $193.00 target price on shares of Digital Realty Trust and gave the company a “buy” rating in a research note on Thursday, January 15th. Cantor Fitzgerald initiated coverage on shares of Digital Realty Trust in a research note on Thursday, April 9th. They set an “overweight” rating and a $211.00 price objective on the stock. Raymond James Financial restated a “strong-buy” rating and issued a $210.00 price target on shares of Digital Realty Trust in a research report on Thursday, March 12th. Finally, Sanford C. Bernstein initiated coverage on shares of Digital Realty Trust in a research report on Thursday, March 5th. They issued an “outperform” rating and a $218.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Digital Realty Trust presently has a consensus rating of “Moderate Buy” and an average price target of $208.50.

Check Out Our Latest Research Report on DLR

Digital Realty Trust Trading Up 3.3%

Shares of NYSE:DLR traded up $6.69 during trading on Friday, reaching $206.69. The stock had a trading volume of 838,987 shares, compared to its average volume of 2,012,727. The business has a fifty day moving average price of $182.84 and a 200-day moving average price of $170.06. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The stock has a market cap of $72.12 billion, a P/E ratio of 57.29, a PEG ratio of 4.45 and a beta of 1.07. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $206.58.

Digital Realty Trust (NYSE:DLRGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.46. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.63 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The company’s revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, analysts anticipate that Digital Realty Trust will post 7.94 earnings per share for the current fiscal year.

Institutional Trading of Digital Realty Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pinnacle Bancorp Inc. bought a new stake in shares of Digital Realty Trust during the 3rd quarter worth about $25,000. Salomon & Ludwin LLC bought a new stake in shares of Digital Realty Trust during the 3rd quarter worth about $28,000. Sunbelt Securities Inc. raised its position 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 in the last quarter. First Horizon Corp bought a new stake in shares of Digital Realty Trust during the 3rd quarter worth about $31,000. Finally, Bell Investment Advisors Inc raised its position in shares of Digital Realty Trust by 56.9% during the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 62 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

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Digital Realty Trust Company Profile

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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.

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