News coverage about Digital Realty Trust (NYSE:DLR) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Digital Realty Trust earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.6676613059986 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Digital Realty (DLR) Picked by Hostway for Global Expansion – Nasdaq (nasdaq.com)
- Contrasting Digital Realty Trust (DLR) and VEREIT (VER) (americanbankingnews.com)
- Digital Realty Trust, Inc. (DLR) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- FY2018 EPS Estimates for Digital Realty Trust, Inc. Lowered by SunTrust Banks (DLR) (americanbankingnews.com)
- Hostway Selects Digital Realty as Data Center Partner to Enable Global Expansion (finance.yahoo.com)
Shares of Digital Realty Trust (NYSE:DLR) traded up $0.65 during mid-day trading on Friday, reaching $114.81. The company’s stock had a trading volume of 1,080,000 shares, compared to its average volume of 1,270,000. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. Digital Realty Trust has a 12 month low of $93.39 and a 12 month high of $127.23. The firm has a market capitalization of $23,590.00, a P/E ratio of 19.09, a P/E/G ratio of 2.86 and a beta of -0.10.
Digital Realty Trust (NYSE:DLR) last issued its earnings results on Wednesday, October 25th. The real estate investment trust reported $1.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $1.11. Digital Realty Trust had a return on equity of 5.15% and a net margin of 11.71%. The company had revenue of $609.90 million during the quarter, compared to the consensus estimate of $595.49 million. During the same period in the previous year, the firm posted $1.44 earnings per share. Digital Realty Trust’s quarterly revenue was up 11.6% compared to the same quarter last year. analysts anticipate that Digital Realty Trust will post 6.1 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.93 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.24%. Digital Realty Trust’s dividend payout ratio (DPR) is presently 302.44%.
A number of research firms recently commented on DLR. SunTrust Banks reiterated a “buy” rating and issued a $135.00 price target on shares of Digital Realty Trust in a research note on Friday, November 24th. Canaccord Genuity reiterated a “buy” rating and issued a $127.00 price target on shares of Digital Realty Trust in a research note on Friday, August 18th. Zacks Investment Research upgraded Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, October 30th. KeyCorp set a $130.00 target price on Digital Realty Trust and gave the company a “buy” rating in a research note on Sunday, October 29th. Finally, William Blair assumed coverage on Digital Realty Trust in a research note on Friday, September 22nd. They issued a “market perform” rating for the company. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $125.07.
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Digital Realty Trust Company Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
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