Digital Realty Trust (DLR) Projected to Post Earnings on Thursday

Digital Realty Trust (NYSE:DLR) will likely be posting its quarterly earnings results after the market closes on Thursday, April 24th. Analysts expect Digital Realty Trust to post earnings of $1.72 per share and revenue of $1.43 billion for the quarter. Digital Realty Trust has set its FY 2025 guidance at 7.000-7.100 EPS.Parties interested in participating in the company’s conference call can do so using this link.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $0.27 by $1.46. Digital Realty Trust had a net margin of 10.85% and a return on equity of 2.97%. On average, analysts expect Digital Realty Trust to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Digital Realty Trust Price Performance

DLR opened at $148.53 on Thursday. The company has a 50 day moving average of $151.91 and a two-hundred day moving average of $167.93. Digital Realty Trust has a 52-week low of $129.95 and a 52-week high of $198.00. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The company has a market cap of $50.02 billion, a P/E ratio of 91.69, a P/E/G ratio of 4.38 and a beta of 0.92.

Digital Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.29%. The ex-dividend date was Friday, March 14th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 301.23%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DLR. Deutsche Bank Aktiengesellschaft upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and increased their target price for the company from $185.00 to $194.00 in a research note on Wednesday, January 15th. JMP Securities reiterated a “market outperform” rating and set a $220.00 price objective on shares of Digital Realty Trust in a research note on Tuesday, February 18th. Mizuho lowered their price target on shares of Digital Realty Trust from $211.00 to $177.00 and set an “outperform” rating for the company in a report on Friday, March 28th. Citizens Jmp raised shares of Digital Realty Trust to a “strong-buy” rating in a research note on Monday, January 27th. Finally, Truist Financial decreased their price objective on shares of Digital Realty Trust from $201.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, March 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $184.33.

Digital Realty Trust Company Profile

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.