Digital Realty Trust, Inc. (DLR)

NYSE: DLR · IEX Real-Time Price · USD
152.91
+0.78 (0.51%)
At close: Jul 2, 2024, 4:00 PM
151.40
-1.51 (-0.99%)
After-hours: Jul 2, 2024, 7:27 PM EDT
0.51%
Market Cap 49.38B
Revenue (ttm) 5.47B
Net Income (ttm) 1.12B
Shares Out 322.93M
EPS (ttm) 3.59
PE Ratio 42.59
Forward PE 139.98
Dividend $4.88 (3.19%)
Ex-Dividend Date Jun 14, 2024
Volume 1,153,720
Open 152.18
Previous Close 152.13
Day's Range 151.92 - 153.78
52-Week Range 112.38 - 154.18
Beta 0.58
Analysts Buy
Price Target 149.29 (-2.37%)
Earnings Date Jul 25, 2024

About DLR

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilitie... [Read more]

Sector Real Estate
IPO Date Oct 29, 2004
Employees 3,664
Stock Exchange NYSE
Ticker Symbol DLR
Full Company Profile

Financial Performance

In 2023, DLR's revenue was $5.48 billion, an increase of 16.74% compared to the previous year's $4.69 billion. Earnings were $908.11 million, an increase of 169.50%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for DLR stock is "Buy." The 12-month stock price forecast is $149.29, which is a decrease of -2.37% from the latest price.

Price Target
$149.29
(-2.37% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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

Goldman Sachs analyst James Schneider initiated coverage on Digital Realty Trust, Inc. DLR with a Buy rating and a price target of $175.

1 day ago - Benzinga

Digital Realty Schedules Second Quarter 2024 Earnings Release and Conference Call

AUSTIN, Texas , July 1, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced tod...

1 day ago - PRNewsWire

Ai demand for data centers boosts Digital Realty's prospects, stock wins upgrade

Digital Realty Trust Inc.'s stock rose Friday after JPMorgan Chase analysts upgraded the data center owners to outperform from neutral on an expected increase in demand for cloud and artificial intell...

4 days ago - Market Watch

Options Named Digital Realty's EMEA Partner of the Year, Reinforcing Strategic Partnership and Driving Global Expansion

LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Options Named Digital Realty's EMEA Partner of the Year, Reinforcing Strategic Partnership and Driving Global Expansion.

27 days ago - Business Wire

Digital Realty CEO speaks on data center demand, Microsoft's AI PC

Digital Realty CEO Andrew Power joins 'The Exchange' to discuss data center demand, Microsoft, and more.

Other symbols: MSFT
5 weeks ago - CNBC Television

Digital Realty Unveils Advanced High-Density Deployment Support for Liquid-to-Chip Cooling

Solution available in 170 Digital Realty data centers globally AUSTIN, Texas , May 15, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data c...

6 weeks ago - PRNewsWire

Digital Realty Declares Quarterly Cash Dividends for Common and Preferred Stock

AUSTIN, Texas , May 8, 2024 /PRNewswire/ --  Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced toda...

7 weeks ago - PRNewsWire

Datacenter REIT Digital Realty sells $1.5 billion worth of stock

Shares of Digital Realty Trust Inc. were set to drop Wednesday, after the data-center real-estate investment trust announced the sale of roughly $1.5 billion worth of stock.

7 weeks ago - Market Watch

Digital Realty Prices Common Stock Offering

AUSTIN, Texas , May 8, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today...

7 weeks ago - PRNewsWire

Digital Realty Announces Common Stock Offering

AUSTIN, Texas , May 7, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today...

2 months ago - PRNewsWire

Digital Realty and Oracle Further Strengthen Collaboration to Enable the Next Generation of Cloud Native and AI Enterprise Workloads

AUSTIN, Texas , May 2, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), a global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today announced a collab...

2 months ago - PRNewsWire

Digital Realty Reports First Quarter 2024 Results

AUSTIN, Texas , May 2, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced toda...

2 months ago - PRNewsWire

Digital Realty Appoints Susan Swanezy to Board of Directors

AUSTIN, Texas , April 24, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced to...

2 months ago - PRNewsWire

Digital Realty to Host NVIDIA-Powered AI Supercomputer in Denmark

AUSTIN, Texas , April 2, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today announ...

3 months ago - PRNewsWire

Digital Realty Schedules First Quarter 2024 Earnings Release and Conference Call

AUSTIN, Texas , April 1, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced to...

3 months ago - PRNewsWire

Digital Realty and Mitsubishi Corporation Form Data Center Development Joint Venture

Mitsubishi Acquires 65% Equity Interest in Two Data Centers Currently Under Construction in the Dallas Metro Area, with Up to 48 Megawatts of Potential IT Load AUSTIN, Texas , March 4, 2024 /PRNewswir...

4 months ago - PRNewsWire

AI is fueling a gold rush in new data centers, the hottest buildings in real estate

Instead of snazzy hotels or glistening office towers, the new property darlings are power-hungry data centers, often in places like Northern Virginia; Columbus, Ohio; and Salt Lake City.

Other symbols: EQIXJLLNVDAORCLSMCI
4 months ago - Market Watch

Digital Realty CEO on mixed earnings report

Andrew Power, Digital Realty CEO, and CNBC's Diana Olick join 'The Exchange' to discuss the financial health of Digital Realty, operating a business in the current economic environment, and more.

4 months ago - CNBC Television

Digital Realty expects downbeat annual revenue as customers cut spending

Digital Realty Trust forecast fiscal 2024 revenue below market expectations on Thursday, as customers tighten spending on data centers amid an uncertain economy.

4 months ago - Reuters

Digital Realty Reports Fourth Quarter 2023 Results

AUSTIN, Texas , Feb. 15, 2024  /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced t...

4 months ago - PRNewsWire

Digital Realty Announces Tax Treatment of 2023 Dividends

AUSTIN, Texas , Jan. 25, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today...

5 months ago - PRNewsWire

Digital Realty Announces the Expansion of ServiceFabric™

ServiceFabric™ Now Includes 70 Members Providing Over 100 Services, Building on PlatformDIGITAL®'s Connected Data Communities AUSTIN, Texas , Jan. 22, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), ...

5 months ago - PRNewsWire

AI will trigger 'hyper-scale demand' of data centers, says Morgan Stanley's Laurel Durkay

Laurel Durkay, head of global listed real assets at Morgan Stanley, joins 'The Exchange' to discuss the potential demand for data centers driven by AI, companies positioned to face the demand, and mor...

Other symbols: AMTIRM
6 months ago - CNBC Television

Digital Realty Schedules Fourth Quarter 2023 Earnings Release and Conference Call

AUSTIN, Texas , Jan. 3, 2024 /PRNewswire/ -- Digital Realty ( NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced t...

6 months ago - PRNewsWire

Digital Realty and Blackstone Announce $7 Billion Hyperscale Data Center Development Joint Venture

JV will deliver approximately 500 megawatts of IT capacity across three Tier 1 metros in Europe and North America AUSTIN, Texas and NEW YORK , Dec. 7, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), ...

Other symbols: BX
7 months ago - PRNewsWire