Digital Realty Trust DLR has been analyzed by 12 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 5 | 2 | 2 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 1 | 0 |
| 2M Ago | 2 | 3 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 1 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Digital Realty Trust, presenting an average target of $156.75, a high estimate of $175.00, and a low estimate of $120.00. This upward trend is evident, with the current average reflecting a 10.0% increase from the previous average price target of $142.50.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of Digital Realty Trust by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Anthony Hau | Truist Securities | Raises | Buy | $168.00 | $160.00 |
| Michael Elias | TD Cowen | Lowers | Hold | $120.00 | $122.00 |
| Brendan Lynch | Barclays | Raises | Underweight | $130.00 | $123.00 |
| Eric Luebchow | Wells Fargo | Raises | Overweight | $170.00 | $155.00 |
| Erik Rasmussen | Stifel | Raises | Buy | $175.00 | $165.00 |
| Omotayo Okusanya | Mizuho | Announces | Outperform | $170.00 | - |
| James Schneider | Goldman Sachs | Announces | Buy | $175.00 | - |
| Richard Choe | JP Morgan | Raises | Overweight | $175.00 | $150.00 |
| Ari Klein | BMO Capital | Raises | Outperform | $170.00 | $144.00 |
| Jonathan Atkin | RBC Capital | Raises | Outperform | $160.00 | $144.00 |
| Brendan Lynch | Barclays | Raises | Underweight | $123.00 | $119.00 |
| Matthew Niknam | Deutsche Bank | Raises | Hold | $145.00 | $143.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Digital Realty Trust. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Digital Realty Trust compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Digital Realty Trust's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Digital Realty Trust's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Digital Realty Trust analyst ratings.
All You Need to Know About Digital Realty Trust
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.
Key Indicators: Digital Realty Trust's Financial Health
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Digital Realty Trust's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -0.7%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Digital Realty Trust's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 5.16%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Digital Realty Trust's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.37%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Digital Realty Trust's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.16%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Digital Realty Trust's debt-to-equity ratio is below the industry average at 0.89, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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