Dernières nouvelles pour Digital Realty Trust (NYSE:DLR) Stock

Digital Realty Trust

Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.

Digital Realty Trust Inc

GLOBAL X US DOLLAR CUR CL A ETF

Tonner Drones SA

Carlyle Commodities Corp

Digital Realty Trust, Inc. 5.250% Series J Cumulative Redeemable Preferred Stock

Digital Realty Trust, Inc. 5.850% Series K Cumulative Redeemable Preferred Stock, par value $0.01 per share

Digital Realty Trust, Inc. 5.200% Series L Cumulative Redeemable Preferred Stock

Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) has outperformed the market over the past 20 years by 5.42% on an annualized basis producing an average annual return of 13.77%. Currently, Digital Realty Trust has a market capitalization of $51.90 billion. 
Buying $1000 In DLR: If an investor had bought $1000 of DLR stock 20 years ago, it would be worth $13,210.83 today based on a price of $158.53 for DLR at the time of writing.
<h3>Digital Realty Trust's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726254124_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

Here's How Much $1000 Invested In Digital Realty Trust 20 Years Ago Would Be Worth Today

Digital Realty (NYSE:&nbsp;DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today&nbsp;that Digital Dutch Finco B.V., an indirect wholly owned finance subsidiary of the company's operating partnership, Digital Realty Trust, L.P., priced an offering of €850.0 million aggregate principal amount of 3.875% Guaranteed Notes due 2033 at a price of 99.843% of the principal amount.

Offerings

Digital Realty Announces Pricing Of €850 Million Of Guaranteed Notes Due 2033

NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is set to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40570314/top-nvidia-analyst-sees-no-major-impact-from-blackwell-delay-but-flags-one-caveat-h?itm_source=parsely-api">become the central player in the artificial intelligence ecosystem</a>, similar to Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) in e-commerce, according to Kevin Mahn, CIO of Hennion &amp; Walsh. 
What Happened: Mahn anticipates Nvidia will surpass expectations when it reports its second-quarter earnings on Wednesday. Mahn predicts significant growth in Nvidia&#8217;s data center business. He shared this perspective in an <a href="https://x.com/YahooFinance/status/1828511594126721421">interview</a> with Yahoo Finance on Tuesday.
&#8220;Nvidia is positioning themselves to be the hub of the AI ecosystem in a similar fashion that Amazon became the hub of the e-commerce ecosystem, Mahn said. 
Additionally, Mahn highlighted other stock options beyond Nvidia, including Digital Realty Trust Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>), Modine Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOD#NYSE">MOD</a>), and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
See Also: <a href="https://www.benzinga.com/markets/asia/24/08/40588993/chinese-e-commerce-giant-drops-35-in-2-days-but-analysts-see-92-upside-potential">Chinese E-Commerce Giant Drops 35% In 2 Days, But Analysts See 92% Upside Potential</a>
Why It Matters: Nvidia&#8217;s upcoming earnings report is highly anticipated, with analysts expecting the company to report second-quarter revenue of $28.68 billion, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40585459/nvidia-stock-q2-earnings-preview-analyst-says-ai-cycle-far-from-over-company-has-fi">according to Benzinga Pro</a>. This marks a significant increase from the $13.5 billion reported in the same quarter last year. Nvidia has consistently beaten revenue estimates in seven of the last eight quarters.
Technical indicators also show bullish momentum for Nvidia stock <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40576505/nvidia-stocks-technical-indicators-show-bullish-momentum-ahead-of-q2-earnings">ahead of the earnings report</a>. The stock has surged approximately 170% over the past year and about 163% year-to-date.
However, Gene Munster, managing partner at Deepwater Asset Management, cautions that Nvidia&#8217;s &#8220;hyperfocused&#8221; investors might trigger a <a href="https://www.benzinga.com/markets/equities/24/08/40567082/nvidias-hyperfocused-investors-might-trigger-negative-stock-trend-after-earnings-says-gene-munst">negative stock trend post-earnings</a>. Despite the recent 30% surge and proximity to all-time highs, Munster foresees potential short-term setbacks due to ongoing demand-supply imbalances and possible delays in the Blackwell project.
On the flip side, Carter Braxton Worth, founder of Worth Charting LLC, remains bullish on Nvidia. He suggests that investors should <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40571011/nvidias-stock-could-keep-climbing-says-expert-play-long-into-earnings-and-post-earn">consider a long-term strategy</a> for the stock, especially around the earnings period. Worth emphasized that technical indicators point towards a continued upward trajectory for the company.
Price Action: Nvidia&#8217;s stock closed at $128.30 on Tuesday, up 1.46%. In after-hours trading, the stock slightly dipped by 0.46%. Year to date, NVIDIA&#8217;s stock has surged by an impressive 166.35%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40570314/top-nvidia-analyst-sees-no-major-impact-from-blackwell-delay-but-flags-one-caveat-h?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Top Nvidia Analyst Sees No Major Impact From Blackwell Delay, But Flags One Caveat He&#8217;s Wary About Ahead Of Earnings</a></li>
</ul>
Image VIa Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Equities

Markets

Analyst Ratings

Tech

AMZN

AVGO

NVDA

Nvidia Set To Become The Hub Of AI Ecosystem, Similar To Amazon's Dominance In E-Commerce, Says Expert Ahead Of Q2 Earnings

Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) has been analyzed by 12 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Digital Realty Trust, presenting an average target of $156.75, a high estimate of $175.00, and a low estimate of $120.00. This upward trend is evident, with the current average reflecting a 10.0% increase from the previous average price target of $142.50.
<img src="https://www.benzinga.com/files/images/story/2024/1723561257_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of Digital Realty Trust by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Anthony Hau</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$168.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Michael Elias</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$120.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$130.00</td>
<td>$123.00</td>
</tr>
<tr>
<td>Eric Luebchow</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$170.00</td>
<td>$155.00</td>
</tr>
<tr>
<td>Erik Rasmussen</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$175.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Omotayo Okusanya</td>
<td>Mizuho</td>
<td>Announces</td>
<td>Outperform</td>
<td>$170.00</td>
<td>-</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Buy</td>
<td>$175.00</td>
<td>-</td>
</tr>
<tr>
<td>Richard Choe</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$175.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Ari Klein</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$170.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Jonathan Atkin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$160.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$123.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Matthew Niknam</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$145.00</td>
<td>$143.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Digital Realty Trust. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Digital Realty Trust compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Digital Realty Trust's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Digital Realty Trust's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DLR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Digital Realty Trust analyst ratings.</a>
<h2>All You Need to Know About Digital Realty Trust</h2>
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.
<h3>Key Indicators: Digital Realty Trust's Financial Health</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Digital Realty Trust's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -0.7%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Digital Realty Trust's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 5.16%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Digital Realty Trust's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.37%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Digital Realty Trust's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.16%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Digital Realty Trust's debt-to-equity ratio is below the industry average at 0.89, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Significance of Analyst Ratings Explained</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Ratings For Digital Realty Trust

Truist Securities analyst Anthony Hau maintains Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Buy and raises the price target from $160 to $168.

Price Target

Truist Securities Maintains Buy on Digital Realty Trust, Raises Price Target to $168

Digital Realty Trust's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) short percent of float has fallen 4.08% since its last report. The company recently reported that it has 9.74 million shares sold short, which is 4.0% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.87 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Digital Realty Trust Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723135518_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Digital Realty Trust has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Digital Realty Trust's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Digital Realty Trust's peer group average for short interest as a percentage of float is 4.43%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(DLR) - Analyzing Digital Realty Trust's Short Interest

Argus Research analyst Jacob Kilstein downgrades Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) from Buy to Hold.

Downgrades

Argus Research Downgrades Digital Realty Trust to Hold

TD Cowen analyst Michael Elias maintains Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Hold and lowers the price target from $122 to $120.

TD Cowen Maintains Hold on Digital Realty Trust, Lowers Price Target to $120

Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) reported quarterly earnings of $0.20 per share which missed the analyst consensus estimate of $0.24 by 16.67 percent. The company reported quarterly sales of $1.40 billion which beat the analyst consensus estimate of $1.38 billion by 1.33 percent. This is a 2.47 percent increase over sales of $1.37 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Digital Realty Trust Q2 2024 Adj EPS $0.20 Misses $0.24 Estimate, Sales $1.40B Beat $1.38B Estimate

Barclays analyst Brendan Lynch maintains Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Underweight and raises the price target from $123 to $130.

Barclays Maintains Underweight on Digital Realty Trust, Raises Price Target to $130

Wells Fargo analyst Eric Luebchow maintains Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Overweight and raises the price target from $155 to $170.

Wells Fargo Maintains Overweight on Digital Realty Trust, Raises Price Target to $170

WIIM

Digital Realty Trust shares are trading lower. The data center stock may be down amid weakness in the semiconductor sector.

To capitalize digital transformations, Digital Realty (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dlr#NYSE">DLR</a>) recently announced the acquisition of a colocation data center in the Slough Trading Estate for $200 million.
The purchase signifies the company&#39;s entry into the west London submarket and enhances current colocation services in the City and Docklands. It comes as a part of the DLR&#39;s efforts to improve its global data center platform, PlatformDIGITAL.
The campus boasts two separate data centers with a combined capacity of 15 megawatts, superior connectivity and space for potential expansion. The Slough data center campus serves as a well-established hub for a network of more than 150 customers, encompassing a wide range of connectivity providers, technology firms and financial services companies, with more than 2,000 cross-connects in use.
Moreover, along with the integration into Digital Realty&#39;s current Metro Connect solution, which enables smooth connectivity between its six campuses in Greater London, customers will also gain access to Digital Realty&#39;s open interconnection and orchestration platform, ServiceFabric. These improvements will offer customers access to a secure, dynamic and global data exchange network, allowing them to effectively manage and expand their digital operations.
Per S&eacute;amus Dunne, MD of Digital Realty in the United Kingdom and Ireland, &quot;As the U.K. solidifies its position as Europe&#39;s premier technology hub, this acquisition enhances our ability to support customers as they grow and scale, further establishing our presence in this vital market.&quot;
The acquisition enhances Digital Realty&#39;s presence in a key market and reinforces the company&#39;s dedication to sustainability. In line with Digital Realty&#39;s sustainability efforts, the Slough data center campus will run on renewable energy. This reflects the company&#39;s initiative to match all energy consumption in its European portfolio with renewable sources and its aim of achieving carbon neutrality for its European portfolio by 2030.
In conclusion, DLR&#39;s acquisition of a data center campus in Slough positions the company for accelerated growth in the data center market. As data centers experience unprecedented demand growth, this acquisition offers scope to capitalize on the significant opportunities presented by the evolving digital landscape.
Shares of this Zacks Rank #3 (Hold) company have gained 9.2% in the past three months, outperforming the industry&#39;s growth of 3.7%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/3c/71139.jpg?v=798724342" />
Image Source: Zacks Investment Research
<h3>Stocks to Consider</h3>
Some better-ranked stocks from the REIT sector are Iron Mountain (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/irm#NYSE">IRM</a>) and Stag Industrial (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stag#NYSE">STAG</a>), each carrying a Zacks Rank #2 (Buy) at present.
The Zacks Consensus Estimate for IRM&#39;s 2024 FFO per share stands at $4.45, indicating an increase of 8% from the year-ago reported figure.
The Zacks Consensus Estimate for STAG&#39;s 2024 FFO per share is pinned at $2.38, suggesting year-over-year growth of 3.9%.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
<a href="https://www.zacks.com/stock/news/2300263/digital-realty-dlr-acquires-data-center-campus-in-slough?cid=CS-BENZ-FT-analyst_blog|company_news_finance_sector-2300263">To read this article on Zacks.com click here.</a>

REIT

Events

Real Estate

STAG

Digital Realty Acquires Data Center Campus in Slough

Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) underwent analysis by 11 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $152.73, with a high estimate of $175.00 and a low estimate of $118.00. Observing a 10.94% increase, the current average has risen from the previous average price target of $137.67. 
<img src="https://www.benzinga.com/files/images/story/2024/1720796462_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of Digital Realty Trust among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Erik Rasmussen</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$175.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Omotayo Okusanya</td>
<td>Mizuho</td>
<td>Announces</td>
<td>Outperform</td>
<td>$170.00</td>
<td>-</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Buy</td>
<td>$175.00</td>
<td>-</td>
</tr>
<tr>
<td>Richard Choe</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$175.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Ari Klein</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$170.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Jonathan Atkin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$160.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Brendan Lynch</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$123.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Matthew Niknam</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$145.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>John Hodulik</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$147.00</td>
<td>$143.00</td>
</tr>
<tr>
<td>Michael Elias</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$122.00</td>
<td>$116.00</td>
</tr>
<tr>
<td>Phani Kanumuri</td>
<td>HSBC</td>
<td>Raises</td>
<td>Reduce</td>
<td>$118.00</td>
<td>$115.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Digital Realty Trust. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Digital Realty Trust compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Digital Realty Trust's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Digital Realty Trust's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/DLR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Digital Realty Trust analyst ratings.</a>
<h2>Discovering Digital Realty Trust: A Closer Look</h2>
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.
<h3>Understanding the Numbers: Digital Realty Trust's Finances</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Challenges: Digital Realty Trust's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -0.57%. This indicates a decrease in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 20.38%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Digital Realty Trust's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.48%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.63%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Digital Realty Trust's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.0.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 11 Analyst Recommendations For Digital Realty Trust

Stifel analyst Erik Rasmussen maintains Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Buy and raises the price target from $165 to $175.

Stifel Maintains Buy on Digital Realty Trust, Raises Price Target to $175

Digital Realty Trust shares are trading higher after Mizuho initiated coverage on the stock with an Outperform rating and announced a $170 price target.

Mizuho analyst Omotayo Okusanya initiates coverage on Digital Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Outperform rating and announces Price Target of $170.

Initiation

Mizuho Initiates Coverage On Digital Realty Trust with Outperform Rating, Announces Price Target of $170

This acquisition not only strengthens Digital Realty&#39;s presence in a key market but also supports the company&#39;s sustainability goals. Consistent with Digital Realty&#39;s commitment to sustainability, the Slough data center campus will be powered entirely by renewable energy, aligning with the company&#39;s practice of matching&nbsp;100%&nbsp;of the energy used in its European portfolio with renewable sources and its goal of achieving carbon neutrality for its European portfolio by 2030

Digital Realty Enters West London Submarket With $200M Acquisition Of Slough Data Center Campus

Goldman Sachs analyst James Schneider initiated coverage on Digital Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>) with a Buy rating and <a target="_blank" href="https://www.benzinga.com/quote/DLR/analyst-ratings" rel="noreferrer noopener">a price target of $175</a>.
The analyst says he observes robust secular demand trends, propelled by AI and hyperscaler demand, alongside favorable cyclical supply conditions driven by utility and construction capacity constraints.
Although the company was heavily leveraged for much of 2023, the analyst believes its improved capital position following the Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) <a target="_blank" href="https://www.benzinga.com//node/36144123" rel="noreferrer noopener">joint venture has positioned it well for the next two years.</a>
Schneider anticipates Digital Realty surpassing key Street estimates across multiple metrics, such as new lease signings and pricing on lease renewals in the coming quarters.
The analyst writes that the outsourced datacenter market has tightened significantly in the past year, due to strong secular demand from hyperscalers and a surge in AI-driven compute needs. He expects pricing dynamics to remain <a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/n39042821/data-center-investments-soar-200-rise-since-2016-and-projected-89-increase-by-2028" rel="noreferrer noopener">elevated despite some moderation</a>.
Last week, JP Morgan upgraded the stock to Overweight (from Neutral) and raised the price target to $175 from $150.
Also, BMO Capital boosted the rating to Outperform (from Market Perform) and increased the price target to $170 (from $144).
DLR stock has gained over 32% in the past one year. Investors can gain exposure to the stock via&nbsp;Pacer Data &amp; Infrastructure Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRVR#NYSE">SRVR</a>) and&nbsp;IShares U.S. Digital Infrastructure And Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDGT#NYSE">IDGT</a>).
Price Action: DLR shares are up 0.03% at $152.09 at the last check Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Analyst Color

Large Cap

Upgrades

iShares U.S. Digital Infrastructure and Real Estate ETF

IDGT

Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF

SRVR

Buy Alert: Goldman Sachs Sees Digital Realty Trust Thriving on AI Surge and Tight Market Conditions

Goldman Sachs analyst James Schneider, Ph. D., initiated coverage on the U.S. Telecom Services and infrastructure sector (14 companies) and is most constructive on wireless carriers and data centers.
Schneider noted that the U.S. telecom industry is in a state of transformation. The U.S. telecom operators have refocused on their core business after emerging from a period as conglomerates marked by shareholder capital destruction.
For the first time in a decade, the U.S. wireless operators are entering a period where both competitive and capital intensity are moderating simultaneously.
He said this backdrop drove healthier growth and margin dynamics, with the potential for significant capital returns and stock re-rating.
U.S. towers are unlikely to enjoy the same structural tailwinds they have over the past decade, but &#8220;self-help&#8221; actions could unlock shareholder value, as per Schneider.
The era of 5G failed to deliver any revolutionary &#8220;killer app&#8221; but the technology has enabled telecom to compete for broadband customers outside traditional footprints with Fixed Wireless Access.
The analyst noted that traditional broadband companies (including cable operators) face heightened competition and will have difficulty gaining subscribers while accelerating network upgrades to compete.
He said AI represents a significant opportunity for the sector.
As per Schneider, data center operators should continue to enjoy cyclical benefits (over the next 12 months) from demand created by Generative AI and supply constraints due to power limitations.
The analyst also noted AI as a driver of efficiency gains, allowing for margin expansion.
Schneider&#8217;s Buy ratings reflect stocks, where he noted the market needs to fully appreciate the sustainability of growth the company can deliver across the cycle or where the pace of potential cyclical recovery in fundamentals is underpriced.
Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), with a $50 price target, is beginning to regain momentum in its core wireless franchise and will significantly benefit from fixed wireless in both its consumer and business franchises, according to the analyst.
AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), with a $22 price target, is positioned to continue its transformation as it refocuses on its core business, extends its fiber broadband leadership, and maintains growth in its wireless franchise, as per Schneider.
T-Mobile US, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), with a $200 price target, is poised to continue its core wireless growth algorithm (albeit at a moderating rate), with broadband driving the next chapter of growth, as per the analyst.
Frontier Communications Parent, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>), with a $29 price target, is the analyst&#8217;s top relative pick among wireline peers. He noted the company is positioned to successfully execute its pivot to being a fiber broadband provider from its legacy heritage.
Schneider&#8217;s Sell ratings are Charter Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) with a $250 price target, Altice USA, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATUS#NYSE">ATUS</a>) with a $2 price target, and Lumen Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) with a $1 price target.
Price Action: VZ stock is up 0.91% at $41.62 at the last check on Monday.
Photo by JeepersMedia on Flickr

Movers

ATUS

CHTR

EQIX

FYBR

LUMN

TMUS

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Major real estate stocks see marginal losses, REITs continue to gain

Digital Realty refinances revolving credit facilities to $4.5B

Digital Realty upsizes, extends global credit line and yen facility

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Small Cap

Opinion

Press Releases

Data Center Investments Soar: 200% Rise Since 2016 and Projected 89% Increase by 2028

Digital Realty Schedules Second Quarter 2024 Earnings Release and Conference Call

Digital Realty Enhances European Colocation Capabilities with Acquisition of Data Center Campus in Slough

Commodities

AI Revolution Sparks Energy Concerns: Can Big Tech Meet Climate Goals?

Digital Realty Reports Second Quarter 2024 Results

Dividends

Digital Realty Declares Quarterly Cash Dividends for Common and Preferred Stock

Digital Realty Strengthens Leadership with Jules Johnston as Senior Vice President of Global Channels

Digital Realty Announces Pricing of €850.0 million of Guaranteed Notes due 2033

Digital Realty Refinances and Upsizes Revolving Credit Facilities to $4.5 Billion

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