Digital Realty Trust, Inc. (DLR)

NYSE: DLR · IEX Real-Time Price · USD
138.23
+0.27 (0.20%)
At close: Feb 27, 2024, 4:00 PM
137.51
-0.72 (-0.52%)
Pre-market: Feb 28, 2024, 4:49 AM EST
0.20%
Market Cap 43.97B
Revenue (ttm) 5.48B
Net Income (ttm) 908.11M
Shares Out 312.29M
EPS (ttm) 3.00
PE Ratio 46.08
Forward PE 131.14
Dividend $4.88 (3.53%)
Ex-Dividend Date Dec 14, 2023
Volume 1,495,933
Open 138.00
Previous Close 137.96
Day's Range 137.22 - 139.57
52-Week Range 86.33 - 149.07
Beta 0.56
Analysts Buy
Price Target 130.00 (-5.95%)
Earnings Date Feb 15, 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]

Industry REIT - Office
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 15 analysts, the average rating for DLR stock is "Buy." The 12-month stock price forecast is $130.0, which is a decrease of -5.95% from the latest price.

Price Target
$130.0
(-5.95% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

11 days 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.

12 days 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...

12 days ago - PRNewsWire

2 REIT stocks set to surge due to red hot data center demand

If there's one industry that's set to outgrow pretty much all others in the coming years, it's data centers. At the start of last year, McKinsey said they were expecting demand to grow by at least 10%...

Other symbols: EQIX
26 days ago - MarketBeat

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...

4 weeks 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 weeks 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 weeks 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...

7 weeks 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
2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

Other symbols: O
3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

Other symbols: ORCL
5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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.

Other symbols: JLLKKR
6 months ago - CNBC

The technical trade: T, BMY & DLR

Katie Stockton, Fairlead Strategies founder, joins 'Power Lunch' to discuss the technical support for AT&T, Bristol-Myers Squibb and Digital Realty Trust.

Other symbols: BMYT
6 months ago - CNBC Television

DIGITAL REALTY INTRODUCES HIGH-DENSITY COLOCATION OFFERING TO ADDRESS DATA AND AI GROWTH CHALLENGES

New offering bolsters the existing product set, providing customers access to an innovative solution that supercharges AI capabilities and unlocks value from data  AUSTIN, Texas , Aug. 7, 2023 /PRNews...

7 months ago - PRNewsWire

A.I. has created a long runway for data infrastructure growth, says Digital Realty's Andy Power

Andy Power, CEO of Digital Realty Trust, joins 'The Exchange' to discuss building physical data infrastructures for cloud players, tailwinds from AI growth, and establishing the first data center REIT...

7 months ago - CNBC Television

Is Digital Realty Trust Inc (DLR) a Modestly Undervalued Stock?

On July 28, 2023, Digital Realty Trust Inc ( DLR , Financial) saw a daily gain of 6.5%, with its Earnings Per Share (EPS) (EPS) standing at $1.12. The question that arises is whether this stock is mod...

7 months ago - GuruFocus

Digital Realty and TPG Announce Joint Venture of Hyperscale Data Centers in Northern Virginia

TPG Real Estate acquires 80% stake in $1.5 billion Portfolio AUSTIN, Texas , July 27, 2023 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data ce...

Other symbols: TPG
7 months ago - PRNewsWire