Digital Realty Trust (NYSE:DLR) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Digital Realty Trust (NYSE:DLRGet Free Report) had its target price lifted by Raymond James Financial from $210.00 to $235.00 in a report issued on Friday,MarketScreener reports. The firm currently has a “strong-buy” rating on the real estate investment trust’s stock. Raymond James Financial’s price objective would indicate a potential upside of 13.70% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley boosted their price objective on shares of Digital Realty Trust from $210.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday. TD Cowen restated a “hold” rating on shares of Digital Realty Trust in a research report on Friday. Weiss Ratings raised shares of Digital Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. BMO Capital Markets upped their target price on shares of Digital Realty Trust from $205.00 to $220.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Bank of America reaffirmed a “neutral” rating and issued a $170.00 target price (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $208.50.

Check Out Our Latest Analysis on DLR

Digital Realty Trust Price Performance

Shares of DLR traded up $6.69 on Friday, hitting $206.69. The company’s stock had a trading volume of 838,987 shares, compared to its average volume of 2,012,727. The company has a market capitalization of $72.12 billion, a PE ratio of 57.41, a PEG ratio of 4.45 and a beta of 1.07. 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 has a fifty-two week low of $146.23 and a fifty-two week high of $206.58. The company has a 50 day moving average price of $182.84 and a 200 day moving average price of $170.06.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The business 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 5.88% and a net margin of 21.41%.Digital Realty Trust’s revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. On average, research analysts anticipate that Digital Realty Trust will post 7.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Digital Realty Trust

A number of institutional investors and hedge funds have recently modified their holdings of DLR. Norges Bank bought a new stake in shares of Digital Realty Trust in the 4th quarter valued at about $3,402,995,000. Cohen & Steers Inc. raised its holdings in Digital Realty Trust by 18.0% in the 4th quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust’s stock valued at $4,332,366,000 after acquiring an additional 4,276,073 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Digital Realty Trust by 686.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,807,512 shares of the real estate investment trust’s stock valued at $831,123,000 after acquiring an additional 4,195,862 shares during the period. Viking Global Investors LP bought a new position in Digital Realty Trust in the 4th quarter valued at about $233,301,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in Digital Realty Trust by 78.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,190,797 shares of the real estate investment trust’s stock valued at $493,650,000 after acquiring an additional 1,405,791 shares during the period. 99.71% of the stock is owned by institutional investors.

Digital Realty Trust News Roundup

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

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)

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