Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Digital Realty Trust (DLR) Stock Price

Press coverage about Digital Realty Trust (NYSE:DLR) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Digital Realty Trust earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.6450115149762 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Digital Realty Trust (NYSE:DLR) traded up $1.85 during midday trading on Tuesday, reaching $122.70. 1,012,800 shares of the company were exchanged, compared to its average volume of 1,272,334. The stock has a market cap of $25,210.00, a price-to-earnings ratio of 20.21, a P/E/G ratio of 3.55 and a beta of -0.09. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. Digital Realty Trust has a 52 week low of $85.63 and a 52 week high of $127.23.

Digital Realty Trust (NYSE:DLR) last announced its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $1.11. The business had revenue of $609.90 million during the quarter, compared to analyst estimates of $595.49 million. Digital Realty Trust had a net margin of 11.71% and a return on equity of 5.15%. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.44 EPS. equities research analysts predict that Digital Realty Trust will post 6.09 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.93 per share. The ex-dividend date is Thursday, December 14th. This represents a $3.72 dividend on an annualized basis and a yield of 3.03%. Digital Realty Trust’s dividend payout ratio is presently 302.44%.

Several research firms have recently commented on DLR. ValuEngine downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Zacks Investment Research cut Digital Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Cowen and Company reissued a “buy” rating and issued a $126.00 target price on shares of Digital Realty Trust in a research note on Friday, August 25th. KeyCorp reissued a “buy” rating and issued a $130.00 target price on shares of Digital Realty Trust in a research note on Friday, August 25th. Finally, Royal Bank Of Canada raised their target price on Digital Realty Trust from $127.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 4th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $125.43.

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In other Digital Realty Trust news, insider Christopher Sharp sold 25,733 shares of the business’s stock in a transaction 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 completion of the sale, the insider now directly owns 25,733 shares in the company, valued at approximately $2,996,350.52. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.40% of the stock is currently owned by insiders.

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.

Insider Buying and Selling by Quarter for Digital Realty Trust (NYSE:DLR)

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