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NYSE:DLR

Digital Realty Trust (DLR) Stock Price, News & Analysis

Digital Realty Trust logo
$173.62 -7.40 (-4.09%)
(As of 05:30 PM ET)

About Digital Realty Trust Stock (NYSE:DLR)

Key Stats

Today's Range
$171.25
$178.27
50-Day Range
$148.23
$183.31
52-Week Range
$126.22
$193.88
Volume
4.60 million shs
Average Volume
1.85 million shs
Market Capitalization
$57.59 billion
P/E Ratio
145.90
Dividend Yield
2.81%
Price Target
$167.68
Consensus Rating
Moderate Buy

Company Overview

Digital Realty is a real estate investment trust focused entirely on data centers. The company owns, acquires, develops, and operates a network of global data centers and the cloud-based solutions cloud service providers need to access and maximize them. The company has set itself apart from the traditional data center REIT by unifying its holdings across one digital platform called PlatformDIGITALR which provides seamless control of data flow.

The company was formed in 2004 when GI Partners contributed 24 newly acquired data centers to help form the business. Later that same year, the company went public through an IPO that provided the capital to begin a campaign of acquisition. The company has been steadily adding square footage and new locations to its network ever since and it is still not done. The expansion has helped to deliver a 10% FFO CAGR and fuel a steadily rising dividend distribution. The company made its 16th consecutive annual dividend increase in 2022 and additional increases are expected each year.

Digital Realty's global footprint provides access to connected businesses in more than 284 facilities in 23 countries. As of mid-2022, it had more than $53 billion in assets and was listed as the US 8th largest publicly traded REIT.

Digital Realty supports the world's IT infrastructure by providing a full range of data center, colocation, and interconnection solutions. Businesses can choose to rely solely on Digital Realty for their data center needs or use Digital Realty’s propriety cloud-based solutions to interconnect multiple data centers, and clouds, or connect to a private network.

PlatformDIGITALR is the company's global data center platform. It provides customers with a proven solution for operating on the cloud, scaling a digital business, and managing its data flow. The platform allows for seamless connection to providers and services that are in demand by today’s rapidly changing digital businesses.

Digital Realty Trust is a key member of the Green Grid, a consortium of industry insiders and policy makers focused on making data centers more efficient and sustainable. Digital Realty Trust offers industry-leading efficiency alongside its world-class quality data centers. Digital Realty Trust data centers require fewer building materials and provide industry-leading power usage levels or PUEs.

Digital Realty Trust Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

DLR MarketRank™: 

Digital Realty Trust scored higher than 79% of companies evaluated by MarketBeat, and ranked 301st out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Digital Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 11 buy ratings, 9 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Digital Realty Trust has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Digital Realty Trust's stock forecast and price target.
  • Earnings Growth

    Earnings for Digital Realty Trust are expected to grow by 5.82% in the coming year, from $6.70 to $7.09 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Digital Realty Trust is 145.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.15.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Digital Realty Trust is 145.90, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 36.17.

  • Price to Earnings Growth Ratio

    Digital Realty Trust has a PEG Ratio of 5.66. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Digital Realty Trust has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Digital Realty Trust's valuation and earnings.
  • Percentage of Shares Shorted

    2.38% of the outstanding shares of Digital Realty Trust have been sold short.
  • Short Interest Ratio / Days to Cover

    Digital Realty Trust has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Digital Realty Trust has recently decreased by 1.75%, indicating that investor sentiment is improving.
  • Dividend Yield

    Digital Realty Trust pays a meaningful dividend of 2.75%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Digital Realty Trust does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Digital Realty Trust is 410.08%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Digital Realty Trust will have a dividend payout ratio of 68.83% next year. This indicates that Digital Realty Trust will be able to sustain or increase its dividend.

  • Read more about Digital Realty Trust's dividend.
  • Percentage of Shares Shorted

    2.38% of the outstanding shares of Digital Realty Trust have been sold short.
  • Short Interest Ratio / Days to Cover

    Digital Realty Trust has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Digital Realty Trust has recently decreased by 1.75%, indicating that investor sentiment is improving.
  • News Sentiment

    Digital Realty Trust has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 18 news articles for Digital Realty Trust this week, compared to 11 articles on an average week.
  • Search Interest

    Only 6 people have searched for DLR on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Digital Realty Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 70% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Digital Realty Trust insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.17% of the stock of Digital Realty Trust is held by insiders.

  • Percentage Held by Institutions

    99.71% of the stock of Digital Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Digital Realty Trust's insider trading history.
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DLR Stock News Headlines

Bank of America Securities Sticks to Its Buy Rating for Digital Realty (DLR)
Digital Realty Trust subsidiary launches $1B debt offering
625,000% Gain
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Jefferies Reaffirms Their Buy Rating on Digital Realty (DLR)
See More Headlines

DLR Stock Analysis - Frequently Asked Questions

Digital Realty Trust's stock was trading at $134.58 at the beginning of the year. Since then, DLR shares have increased by 29.0% and is now trading at $173.62.
View the best growth stocks for 2024 here
.

Digital Realty Trust, Inc. (NYSE:DLR) announced its earnings results on Thursday, October, 24th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $1.67 by $1.58. Digital Realty Trust's revenue was up 2.1% compared to the same quarter last year.
Read the conference call transcript
.

Digital Realty Trust subsidiaries include these companies: Teraco Data Environments, Teraco Data Environments Ltd., Interxion, Ascenty, DuPont Fabros Technology, Telx, Two Datacenter Properties, and others.

Digital Realty Trust's top institutional shareholders include Principal Financial Group Inc. (1.18%), abrdn plc (0.63%), Pathway Financial Advisers LLC (0.59%) and Pathway Financial Advisers LLC (0.59%). Insiders that own company stock include David C Ruberg, Dyer Corey, Jeannie Lee, A William Stein, Jean F H P Mandeville, Jean F H P Mandeville, Peter C Olson, Kevin Kennedy, William G Laperch, Cindy Fiedelman and Kevin Kennedy.
View institutional ownership trends
.

Shares of DLR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Digital Realty Trust investors own include NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Advanced Micro Devices (AMD), Intel (INTC) and Cisco Systems (CSCO).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Last Earnings
10/24/2024
Today
11/06/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/20/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Office REITs
CUSIP
25386810
Employees
3,664
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$167.68
High Stock Price Target
$207.00
Low Stock Price Target
$108.00
Potential Upside/Downside
-7.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
22 Analysts

Profitability

Net Income
$948.84 million
Pretax Margin
22.05%

Debt

Sales & Book Value

Annual Sales
$5.48 billion
Cash Flow
$9.17 per share
Book Value
$62.31 per share

Miscellaneous

Free Float
326,854,000
Market Cap
$59.28 billion
Optionable
Optionable
Beta
0.59

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This page (NYSE:DLR) was last updated on 11/6/2024 by MarketBeat.com Staff
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