Media coverage about DIGITAL RLTY TR/SH (NYSE:DLR) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. DIGITAL RLTY TR/SH earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.312748317266 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of NYSE DLR opened at $124.21 on Friday. DIGITAL RLTY TR/SH has a fifty-two week low of $96.56 and a fifty-two week high of $127.23. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.95. The company has a market cap of $25.61 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 2.74 and a beta of 0.14.
DIGITAL RLTY TR/SH (NYSE:DLR) last issued its quarterly earnings data on Thursday, July 26th. The real estate investment trust reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $1.61 by ($1.29). DIGITAL RLTY TR/SH had a net margin of 9.79% and a return on equity of 3.02%. The business had revenue of $754.91 million for the quarter, compared to analyst estimates of $759.30 million. During the same quarter last year, the business earned $1.54 EPS. DIGITAL RLTY TR/SH’s revenue for the quarter was up 33.4% compared to the same quarter last year. equities analysts expect that DIGITAL RLTY TR/SH will post 6.6 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be paid a dividend of $1.01 per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $4.04 dividend on an annualized basis and a yield of 3.25%. DIGITAL RLTY TR/SH’s dividend payout ratio (DPR) is presently 65.80%.
A number of equities research analysts have recently issued reports on the company. Guggenheim reiterated a “hold” rating and issued a $125.00 target price on shares of DIGITAL RLTY TR/SH in a research note on Friday, July 20th. Zacks Investment Research upgraded DIGITAL RLTY TR/SH from a “hold” rating to a “buy” rating and set a $137.00 target price for the company in a research note on Wednesday, August 8th. Royal Bank of Canada reiterated a “buy” rating and issued a $131.00 target price on shares of DIGITAL RLTY TR/SH in a research note on Monday, August 13th. BMO Capital Markets reiterated a “hold” rating and issued a $120.00 target price on shares of DIGITAL RLTY TR/SH in a research note on Friday, July 27th. Finally, Stifel Nicolaus began coverage on DIGITAL RLTY TR/SH in a research note on Tuesday, July 17th. They issued a “buy” rating and a $128.00 target price for the company. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. DIGITAL RLTY TR/SH presently has an average rating of “Buy” and a consensus target price of $127.25.
In other news, SVP Joshua A. Mills sold 2,500 shares of DIGITAL RLTY TR/SH stock in a transaction that occurred on Monday, July 2nd. The stock was sold at an average price of $112.50, for a total value of $281,250.00. Following the completion of the transaction, the senior vice president now owns 6,666 shares in the company, valued at approximately $749,925. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Joshua A. Mills sold 5,000 shares of DIGITAL RLTY TR/SH stock in a transaction that occurred on Tuesday, June 26th. The stock was sold at an average price of $110.00, for a total value of $550,000.00. Following the completion of the transaction, the senior vice president now owns 9,166 shares of the company’s stock, valued at approximately $1,008,260. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,435 shares of company stock valued at $2,318,775. 0.43% of the stock is owned by insiders.
About DIGITAL RLTY TR/SH
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.
Further Reading: Fundamental Analysis and Individual Investors
Receive News & Ratings for DIGITAL RLTY TR/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DIGITAL RLTY TR/SH and related companies with MarketBeat.com's FREE daily email newsletter.