Digital Realty Trust, Inc. (DLR)
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]
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 StatementsAnalyst 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.
News
![](https://cdn.snapi.dev/images/v1/z/n/reit31-2505373.jpg)
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.
![](https://cdn.snapi.dev/images/v1/3/e/conf20-2504373.jpg)
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...
![](https://cdn.snapi.dev/images/v1/4/r/4rfew2-2502464.jpg)
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...
![](https://cdn.snapi.dev/images/v1/d/8/press10-2464160.jpg)
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.
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.
![](https://cdn.snapi.dev/images/v1/v/5/press13-2431626.jpg)
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...
![](https://cdn.snapi.dev/images/v1/d/h/press6-2419262.jpg)
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...
![](https://cdn.snapi.dev/images/v1/n/x/im-02525949size177777777777777-2417670.jpg)
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.
![](https://cdn.snapi.dev/images/v1/o/s/press11-2417348.jpg)
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...
![](https://cdn.snapi.dev/images/v1/b/m/press18-2416158.jpg)
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...
![](https://cdn.snapi.dev/images/v1/g/o/press4-2407513.jpg)
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...
![](https://cdn.snapi.dev/images/v1/n/s/press8-2407518.jpg)
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...
![](https://cdn.snapi.dev/images/v1/r/l/press6-2389552.jpg)
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...
![](https://cdn.snapi.dev/images/v1/f/d/press5-2352045.jpg)
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...
![](https://cdn.snapi.dev/images/v1/o/r/conf19-2350590.jpg)
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...
![](https://cdn.snapi.dev/images/v1/e/m/press14-2305738.jpg)
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...
![](https://cdn.snapi.dev/images/v1/o/2/im-62406754size177777777777777-2304889.jpg)
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.
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.
![](https://cdn.snapi.dev/images/v1/z/a/reit3-2279728.jpg)
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.
![](https://cdn.snapi.dev/images/v1/l/v/press10-2279313.jpg)
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...
![](https://cdn.snapi.dev/images/v1/c/0/press18-2245666.jpg)
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...
![](https://cdn.snapi.dev/images/v1/p/w/press13-2238161.jpg)
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), ...
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...
![](https://cdn.snapi.dev/images/v1/g/o/conf4-2215488.jpg)
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...
![](https://cdn.snapi.dev/images/v1/z/5/press5-2188437.jpg)
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), ...