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DLR Stock Chart & Stats
$203.62
$1.29(0.72%)
At close: 4:00 PM EST
$203.62
$1.29(0.72%)
Day’s Range― - ―
52-Week Range$146.23 - $208.14
Previous CloseN/A
Volume513.92K
Average Volume (3M)3.36M
Market Cap
$64.53B
Enterprise Value$82.53B
Total Cash (Recent Filing)$2.43B
Total Debt (Recent Filing)$19.22B
Price to Earnings (P/E)45.5
Beta0.68
Next Earnings
Jul 23, 2026EPS Estimate
0.48Next Dividend Ex-DateN/A
Dividend Yield3.17%
Share Statistics
EPS (TTM)3.95
Shares Outstanding357,665,740
10 Day Avg. Volume4,586,548
30 Day Avg. Volume3,360,158
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)2.32
Price to Sales (P/S)8.69
P/FCF Ratio22.03
Enterprise Value/Market Cap1.28
Enterprise Value/Revenue12.86
Enterprise Value/Gross Profit51.19
Enterprise Value/Ebitda21.01
Forecast
1Y Price Target
$219.85Price Target Upside7.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
EPS Forecast (FY)2.06
Revenue Forecast (FY)$6.75B
Bulls Say, Bears Say
Bulls Say
Revenue And Margin RecoveryDigital Realty’s steady top-line expansion and recovery of net margins to ~21% indicate sustainable operating leverage in its core leasing business. This improves FFO generation potential, supports dividend coverage and funds continued development, making earnings less dependent on short-term cyclical swings.
Hyperscale Leasing And BacklogA record $1.8B backlog plus landmark 200 MW hyperscale signing validate demand for large-scale capacity and give multiyear revenue visibility. High-prelease rates and contracted commencements reduce rollout risk and underpin accretive returns on development investments over the medium term.
Improved Leverage And Private CapitalLower leverage and substantial private capital dry powder enhance financial flexibility to execute large hyperscale projects without over-reliance on public markets. Improved debt metrics and partner capital lower refinancing vulnerability and support disciplined scaling of the development pipeline.
Bears Say
High Absolute Debt LoadDespite ratio improvements, a ~$19.2B absolute debt stock leaves the company exposed to refinancing, interest-rate and covenant risks. Large nominal leverage constrains discretionary spending and increases sensitivity of returns and FFO to rises in borrowing costs or slower leasing activity.
Volatile Free Cash FlowHistorical FCF volatility and prior negative free cash flow reflect heavy development spending and timing mismatches. With TTM conversion weaker (~45% of net income), reliance on equity/JV funding remains necessary, reducing internal funding resilience for dividends or opportunistic investments.
Rising Development CostsHigher per‑MW build costs (from ~$12.5M to ~$14M) compress prospective yields and raise break-even thresholds for new hyperscale projects. Combined with longer commencement lags for very large deals, this increases project execution risk and can delay cash flow realization from development investments.
Digital Realty News
DLR FAQ
What was Digital Realty Trust’s price range in the past 12 months?
Digital Realty Trust lowest stock price was $146.23 and its highest was $208.14 in the past 12 months.
What is Digital Realty Trust’s market cap?
Digital Realty Trust’s market cap is $64.53B.
When is Digital Realty Trust’s upcoming earnings report date?
Digital Realty Trust’s upcoming earnings report date is Jul 23, 2026 which is in 11 days.
How were Digital Realty Trust’s earnings last quarter?
Digital Realty Trust released its earnings results on Apr 23, 2026. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.441 by $0.019.
Is Digital Realty Trust overvalued?
According to Wall Street analysts Digital Realty Trust’s price is currently Undervalued.
Does Digital Realty Trust pay dividends?
Digital Realty Trust pays a Quarterly dividend of $1.22 which represents an annual dividend yield of 3.17%. See more information on Digital Realty Trust dividends here
What is Digital Realty Trust’s EPS estimate?
Digital Realty Trust’s EPS estimate is 0.48.
How many shares outstanding does Digital Realty Trust have?
Digital Realty Trust has 357,665,740 shares outstanding.
What happened to Digital Realty Trust’s price movement after its last earnings report?
Digital Realty Trust reported an EPS of $0.46 in its last earnings report, beating expectations of $0.441. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Digital Realty Trust?
Currently, no hedge funds are holding shares in DLR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Digital Realty Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$219.85 (7.97% Upside)
$219.85 (7.97% Upside)
Blogger Sentiment
Bullish
DLR Sentiment 90%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.88%
12-Months-Change
Fundamentals
Return on Equity
5.98%
Trailing 12-Months
Asset Growth
8.38%
Trailing 12-Months
Company Description
Digital Realty Trust
Digital Realty Trust, Inc. owns, acquires, develops, and operates data centers through its operating partnership subsidiary, Digital Realty Trust, L.P. The company is focused on providing data center, colocation, and interconnection solutions for domestic and international customers across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products. As of March 31, 2026, the company's 309 data centers, including 89 data centers held as investments in unconsolidated entities, contain applications and operations critical to the day-to-day operations of technology industry and corporate enterprise data center customers. Digital Realty's portfolio is comprised of approximately 3.0 gigawatts of IT capacity, as well as approximately 6.3 gigawatts of buildable IT capacity under active development and held for future development, located throughout North America, Europe, South America, Asia, Australia, and Africa. Digital Realty Trust, Inc. was established and incorporated on March 09, 2004 in Maryland and is based in Austin, Texas.
DLR Company Deck
DLR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was predominantly positive: management reported record and near-record leasing activity across product categories (including a historic 200 MW hyperscale lease), expanded backlog and a materially enlarged development pipeline, delivered beat-and-raise financial results (core FFO up ~15% and guidance increased to $8.10), and reduced leverage to multi-year lows while building private capital capacity. Key risks and headwinds were acknowledged — elevated operating expenses, supply-chain and energy uncertainties, rising development costs per MW, longer commencement lags for very large deals, and community/permitting challenges — but management articulated specific mitigants (high prelease rates, utility reimbursements/hedges, diversified capital, and differentiated execution capability). Overall, the positive operational and financial momentum materially outweighs the highlighted challenges.View all DLR earnings summariesDLR Stock 12 Month Forecast
Average Price Target
$219.85
▲(7.97% Upside)
Technical Analysis
Ownership Overview
0.01% Insiders
26.83% Mutual Funds
0.23% Other Institutional Investors
39.78% Public Companies and Individual Investors