BMO Capital Markets Forecasts Strong Price Appreciation for Digital Realty Trust (NYSE:DLR) Stock

Digital Realty Trust (NYSE:DLR) had its price objective raised by research analysts at BMO Capital Markets from $205.00 to $220.00 in a research note issued on Monday,MarketScreener reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. BMO Capital Markets’ price objective suggests a potential upside of 7.76% from the stock’s current price.

Several other research firms also recently commented on DLR. Cantor Fitzgerald assumed coverage on shares of Digital Realty Trust in a research note on Thursday, April 9th. They issued an “overweight” rating and a $211.00 price target on the stock. Bank of America restated a “neutral” rating and set a $170.00 target price (down from $210.00) on shares of Digital Realty Trust in a research note on Thursday, January 8th. TD Cowen reiterated a “hold” rating on shares of Digital Realty Trust in a report on Friday, February 6th. Sanford C. Bernstein assumed coverage on Digital Realty Trust in a research note on Thursday, March 5th. They issued an “outperform” rating and a $218.00 price target for the company. Finally, Raymond James Financial restated a “strong-buy” rating and set a $210.00 price objective on shares of Digital Realty Trust in a report on Thursday, March 12th. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $199.12.

Digital Realty Trust Price Performance

Shares of DLR opened at $204.17 on Monday. The company’s fifty day simple moving average is $180.71 and its 200 day simple moving average is $169.24. Digital Realty Trust has a 1-year low of $143.83 and a 1-year high of $204.21. The company has a market cap of $70.15 billion, a price-to-earnings ratio of 56.70, a PEG ratio of 4.51 and a beta of 1.07. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81.

Digital Realty Trust (NYSE:DLR) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the prior year, the company earned $1.73 earnings per share. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. On average, research analysts forecast that Digital Realty Trust will post 7.07 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Pinnacle Bancorp Inc. bought a new stake in shares of Digital Realty Trust in the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC purchased a new stake in shares of Digital Realty Trust in the 3rd quarter worth about $28,000. Sunbelt Securities Inc. boosted its stake in Digital Realty Trust by 347.2% during the third quarter. Sunbelt Securities Inc. now owns 161 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 125 shares in the last quarter. First Horizon Corp bought a new position in shares of Digital Realty Trust during the third quarter valued at approximately $31,000. Finally, Bell Investment Advisors Inc boosted its position in shares of Digital Realty Trust by 56.9% in the 1st quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 62 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Digital Realty Trust Company Profile

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.