Digital Realty Trust, Inc. (DLR)
Market Cap | 44.60B |
Revenue (ttm) | 5.48B |
Net Income (ttm) | 908.11M |
Shares Out | 312.29M |
EPS (ttm) | 3.00 |
PE Ratio | 47.61 |
Forward PE | 134.79 |
Dividend | $4.88 (3.42%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 1,744,311 |
Open | 142.33 |
Previous Close | 141.49 |
Day's Range | 141.43 - 143.83 |
52-Week Range | 86.33 - 154.18 |
Beta | 0.56 |
Analysts | Buy |
Price Target | 136.21 (-4.63%) |
Earnings Date | May 2, 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 16 analysts, the average rating for DLR stock is "Buy." The 12-month stock price forecast is $136.21, which is a decrease of -4.63% from the latest price.
News
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...
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...
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...
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...
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 Declares Quarterly Cash Dividends for Common and Preferred Stock
AUSTIN, Texas , Feb. 28, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced tod...
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.
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.
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...
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...
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...
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...
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), ...
Digital Realty Declares Quarterly Cash Dividend for Common and Preferred Stock
AUSTIN, Texas , Nov. 28, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced tod...
Digital Realty Recognized by Nareit with the "Leader in the Light" Award for Seventh Consecutive Year
Aaron Binkley, Vice President, Sustainability, will also be stepping into Vice Chair role for the Nareit Real Estate Sustainability Committee (RESC) beginning in 2024. AUSTIN, Texas , Nov. 15, 2023 /P...
Digital Realty and Realty Income Form Build-to-Suit Data Center Development Joint Venture
Realty Income Acquires 80% Equity Interest in Two Data Centers Currently Under Construction in Northern Virginia, with Up to 48 Megawatts of Potential IT Load AUSTIN, Texas and SAN DIEGO , Nov. 13, 20...
Digital Realty Named a Leader in IDC MarketScape: Worldwide Datacenter Services Vendor Assessment for Third Time
AUSTIN, Texas , Nov. 8, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, has been name...
Digital Realty Successfully Resolves Relationship with Cyxtera
Raises $220 million of net proceeds for Digital Realty Strengthens Digital Core REIT's customer credit profile and raises $160 million of proceeds AUSTIN, Texas , Nov. 1, 2023 /PRNewswire/ -- Digital ...
Digital Realty Reports Third Quarter 2023 Results
AUSTIN, Texas , Oct. 26, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced tod...
Digital Realty Schedules Third Quarter 2023 Earnings Release and Conference Call
AUSTIN, Texas , Oct. 3, 2023 /PRNewswire/ -- Digital Realty ( NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced t...
Digital Realty To Provide Seamless Access to Oracle EU Sovereign Cloud
AUSTIN, Texas , Sept. 18, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today annou...
Digital Realty Ranks No. 9 on EPA's National Top 100 List of Green Power Users
Digital Realty also ranked no. 7 on EPA's Top 30 Tech & Telecom List AUSTIN, Texas , Sept.
Digital Realty Expands Mediterranean Presence with Development of New Colocation and Connectivity Hub in Rome
Expansion into Rome highlights Digital Realty's integrated strategy across the Mediterranean, enhancing its ability to meet growing customer demand in the region ROME , Sept. 7, 2023 /PRNewswire/ -- D...
How Wall Street's REIT giants are reshaping U.S. real estate
Real estate investment trusts buy and manage commercial-scale properties. In recent years, the industry has repositioned for growth in residential housing.