News coverage about Digital Realty Trust (NYSE:DLR) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Digital Realty Trust earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.7063212453802 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Digital Realty Trust, Inc. (DLR) Stock Price trades 6.51% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Digital Realty expands Silicon Valley campus (seekingalpha.com)
- Digital Realty Trust Getting Closer To Key Technical Benchmark (finance.yahoo.com)
- Comparing Digital Realty Trust (DLR) and EPR Properties (EPR) (americanbankingnews.com)
- Digital Realty Expands Silicon Valley Connected Campus (finance.yahoo.com)
Shares of Digital Realty Trust (NYSE:DLR) opened at 118.22 on Friday. Digital Realty Trust has a 52-week low of $85.63 and a 52-week high of $127.23. The firm has a market capitalization of $19.17 billion, a P/E ratio of 48.02 and a beta of 0.01. The stock has a 50 day moving average of $118.00 and a 200-day moving average of $114.43.
Digital Realty Trust (NYSE:DLR) last announced its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.54 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.05. The company had revenue of $565.99 million for the quarter, compared to analysts’ expectations of $559.93 million. Digital Realty Trust had a net margin of 21.27% and a return on equity of 12.39%. Digital Realty Trust’s revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.42 EPS. Equities analysts expect that Digital Realty Trust will post $1.47 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend was Thursday, September 14th. Digital Realty Trust’s payout ratio is currently 148.21%.
A number of equities analysts recently commented on DLR shares. Cowen and Company reiterated a “buy” rating and set a $126.00 price target on shares of Digital Realty Trust in a report on Friday, August 25th. Barclays PLC reiterated a “buy” rating and set a $132.00 price target on shares of Digital Realty Trust in a report on Friday, September 8th. Zacks Investment Research cut Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. KeyCorp reiterated a “buy” rating and set a $130.00 price target on shares of Digital Realty Trust in a report on Friday, August 25th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $120.00 price target on shares of Digital Realty Trust in a report on Friday, July 14th. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $121.00.
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In other Digital Realty Trust news, Director William G. Laperch purchased 1,200 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were bought at an average cost of $25.00 per share, for a total transaction of $30,000.00. Following the purchase, the director now owns 1,200 shares of the company’s stock, valued at approximately $30,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Christopher Sharp sold 25,733 shares of the company’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $116.44, for a total transaction of $2,996,350.52. Following the sale, the insider now owns 25,733 shares in the company, valued at $2,996,350.52. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.
Digital Realty Trust Company Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
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