Sanford C. Bernstein Forecasts Strong Price Appreciation for Digital Realty Trust (NYSE:DLR) Stock

by · The Cerbat Gem

Digital Realty Trust (NYSE:DLRGet Free Report) had its target price boosted by equities research analysts at Sanford C. Bernstein from $218.00 to $232.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. Sanford C. Bernstein’s price objective suggests a potential upside of 12.25% from the stock’s previous close.

Several other research analysts also recently commented on the stock. Stifel Nicolaus lifted their target price on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday. KeyCorp reiterated a “sector weight” rating on shares of Digital Realty Trust in a report on Thursday, January 29th. Wolfe Research lifted their target price on shares of Digital Realty Trust from $194.00 to $211.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Evercore boosted their price objective on shares of Digital Realty Trust from $200.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Citigroup boosted their price objective on shares of Digital Realty Trust from $190.00 to $226.00 and gave the stock a “buy” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $208.50.

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Digital Realty Trust Stock Performance

DLR traded up $6.69 during trading on Friday, hitting $206.69. The stock had a trading volume of 838,987 shares, compared to its average volume of 2,012,727. The firm has a market cap of $72.12 billion, a PE ratio of 57.41, a P/E/G ratio of 4.45 and a beta of 1.07. Digital Realty Trust has a 12 month low of $146.23 and a 12 month high of $206.58. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. The company has a 50 day simple moving average of $182.84 and a 200-day simple moving average of $170.06.

Digital Realty Trust (NYSE:DLRGet Free Report) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a net margin of 21.41% and a return on equity of 5.88%. The business’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.77 EPS. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts expect that Digital Realty Trust will post 7.94 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. GHP Investment Advisors Inc. increased its holdings in shares of Digital Realty Trust by 9.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 657 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 55 shares during the period. South Plains Financial Inc. increased its holdings in shares of Digital Realty Trust by 25.7% during the 4th quarter. South Plains Financial Inc. now owns 274 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 56 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its stake in Digital Realty Trust by 2.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,404 shares of the real estate investment trust’s stock valued at $372,000 after acquiring an additional 61 shares during the period. PDS Planning Inc increased its stake in Digital Realty Trust by 3.6% in the fourth quarter. PDS Planning Inc now owns 1,785 shares of the real estate investment trust’s stock valued at $276,000 after acquiring an additional 62 shares during the period. Finally, Bell Investment Advisors Inc increased its stake in Digital Realty Trust by 56.9% in the first quarter. Bell Investment Advisors Inc now owns 171 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 62 shares during the period. Institutional investors own 99.71% of the company’s stock.

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Digital Realty Trust Company Profile

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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.

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