Digital Realty Trust (NYSE:DLR - Get Free Report) announced its quarterly earnings results on Thursday. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $1.46, Zacks reports. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. Digital Realty Trust updated its FY 2025 guidance to 7.000-7.100 EPS.
NYSE DLR traded up $1.51 during mid-day trading on Thursday, hitting $164.73. The company's stock had a trading volume of 2,705,642 shares, compared to its average volume of 2,269,757. The firm has a market capitalization of $54.64 billion, a price-to-earnings ratio of 138.42, a PEG ratio of 4.27 and a beta of 0.63. The company's 50 day simple moving average is $176.55 and its 200 day simple moving average is $168.69. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a twelve month low of $131.42 and a twelve month high of $198.00.
In other news, CFO Matt Mercier sold 2,518 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total value of $471,873.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.17% of the company's stock.
Several analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and boosted their price target for the stock from $185.00 to $194.00 in a report on Wednesday, January 15th. Raymond James upped their price target on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a "strong-buy" rating in a research report on Friday, October 25th. Stifel Nicolaus raised their price target on shares of Digital Realty Trust from $195.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. Citizens Jmp raised shares of Digital Realty Trust to a "strong-buy" rating in a research note on Monday, January 27th. Finally, TD Cowen upped their price target on Digital Realty Trust from $120.00 to $128.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $179.70.
Check Out Our Latest Analysis on DLR
Digital Realty Trust, Inc operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Before you consider Digital Realty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Digital Realty Trust wasn't on the list.
While Digital Realty Trust currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.