Digital Realty Trust (NYSE:DLR) Posts Quarterly Earnings Results, Beats Expectations By $1.46 EPS

Digital Realty Trust (NYSE:DLR) announced its quarterly earnings data on Thursday. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $1.46, Zacks reports. Digital Realty Trust had a return on equity of 2.24% and a net margin of 8.04%. Digital Realty Trust updated its FY 2025 guidance to 7.000-7.100 EPS.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR traded up $1.98 during trading on Tuesday, hitting $166.26. The stock had a trading volume of 477,062 shares, compared to its average volume of 2,292,635. Digital Realty Trust has a 12-month low of $131.42 and a 12-month high of $198.00. The stock has a market capitalization of $55.15 billion, a price-to-earnings ratio of 139.59, a price-to-earnings-growth ratio of 4.27 and a beta of 0.63. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. The stock has a 50-day simple moving average of $174.97 and a two-hundred day simple moving average of $169.16.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Evercore ISI upped their price target on Digital Realty Trust from $160.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. TD Cowen upped their price target on Digital Realty Trust from $120.00 to $128.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Barclays upped their price target on Digital Realty Trust from $135.00 to $142.00 and gave the stock an “underweight” rating in a research note on Monday, November 18th. StockNews.com upgraded Digital Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Scotiabank upgraded Digital Realty Trust from a “sector perform” rating to a “sector outperform” rating and set a $208.00 target price for the company in a research report on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $179.95.

Insider Transactions at Digital Realty Trust

In related news, CFO Matt Mercier sold 2,518 shares of Digital Realty Trust stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.17% of the company’s stock.

About Digital Realty Trust

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.