Digital Realty Trust Inc (NYSE: DLR) closed the day trading at $140.01 down -0.62% from the previous closing price of $140.89. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 2238183 shares were traded.
Ratios:
For a better understanding of DLR, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.96.
On January 22, 2024, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform and also upped its target price recommendation from $132 to $157.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when MANDEVILLE JEAN F H P sold 3,400 shares for $145.50 per share. The transaction valued at 494,700 led to the insider holds 8,413 shares of the business.
Fiedelman Cindy sold 2,770 shares of DLR for $346,250 on Jul 28 ’23. The CHIEF HUMAN RESOURCES OFFICER now owns 0 shares after completing the transaction at $125.00 per share. On Jun 12 ’23, another insider, Olson Peter C., who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 700 shares for $105.67 each. As a result, the insider received 73,969 and left with 7,134 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DLR now has a Market Capitalization of 43.72B and an Enterprise Value of 61.80B. As of this moment, Digital’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.53, and their Forward P/E ratio for the next fiscal year is 111.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.98 while its Price-to-Book (P/B) ratio in mrq is 2.37. Its current Enterprise Value per Revenue stands at 11.28 whereas that against EBITDA is 19.57.
Stock Price History:
Over the past 52 weeks, DLR has reached a high of $154.18, while it has fallen to a 52-week low of $86.33. The 50-Day Moving Average of the stock is 142.38, while the 200-Day Moving Average is calculated to be 128.53.
Shares Statistics:
Over the past 3-months, DLR traded about 2.03M shares per day on average, while over the past 10 days, DLR traded about 2.11M shares per day. A total of 312.29M shares are outstanding, with a floating share count of 311.91M. Insiders hold about 0.12% of the company’s shares, while institutions hold 102.13% stake in the company. Shares short for DLR as of Feb 29, 2024 were 10.56M with a Short Ratio of 5.21, compared to 12.01M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.38% and a Short% of Float of 3.98%.
Dividends & Splits
DLR’s forward annual dividend rate is 4.88, up from 4.88 a year ago. Against a Trailing Annual Dividend Yield of 3.46%, it implies a Forward Annual Dividend Yield of 3.49%. The stock’s 5-year Average Dividend Yield is 3.53.
Earnings Estimates
Current recommendations for the stock of the company come from 11 analysts. On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.8 and a low estimate of $0.08, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.23, with high estimates of $0.49 and low estimates of $0.09.
Analysts are recommending an EPS of between $2.36 and $0.44 for the fiscal current year, implying an average EPS of $1.24. EPS for the following year is $1.26, with 13 analysts recommending between $1.84 and $0.56.
Revenue Estimates
13 analysts predict $1.36B in revenue for the current quarter. It ranges from a high estimate of $1.38B to a low estimate of $1.35B. As of the current estimate, Digital Realty Trust Inc’s year-ago sales were $1.34B, an estimated increase of 1.90% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $1.39B, an increase of 1.10% less than the figure of $1.90% in the same quarter last year. There is a high estimate of $1.4B for the next quarter, whereas the lowest estimate is $1.37B.
A total of 18 analysts have provided revenue estimates for DLR’s current fiscal year. The highest revenue estimate was $5.65B, while the lowest revenue estimate was $5.48B, resulting in an average revenue estimate of $5.6B. In the same quarter a year ago, actual revenue was $5.48B, up 2.20% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $5.96B in the next fiscal year. The high estimate is $6.45B and the low estimate is $5.53B. The average revenue growth estimate for next year is up 6.50% from the average revenue estimate for this year.
