Digital Realty Trust, Inc. Comm (NYSE:DLR).
On July 21, 2016 SunTrust Robinson Humphrey started covering the stock giving it an initial rating of “Buy” and establishing a price target of $125.00. On July 19 the company was downgraded from “Buy” to “Buy” and a price target of $114.00 was set by analysts at Jefferies.
July 18 investment analysts at Deutsche Bank held the stock rating at “Buy” but moved up the price target to $114.00 from $83.00. On July 7 Citigroup made no change to the stock rating of “Neutral” and moved up the price target from $66.00 to $108.00.
Wells Fargo began coverage with an initial rating of “Outperform”.
The company is down by -0.86% since yesterday’s close of $97.68. Additionally the company recently declared a dividend for shareholders which will be paid on Friday the 30th of September 2016. The dividend payment will be $0.880 per share for the quarter or $3.52 on an annualized basis. This dividend represents a yeild of $3.59 which is the dividend as a percentage of the current share price. The ex-dividend date will be Tuesday September 13th, 2016.
The stock is trading at $96.84 a bit lower than the 50 day moving average of $98.64 and which is just a bit below the 200 day moving average of $97.30. The 50 day moving average went down $-1.80 or -1.82% and the 200 day average went down $-0.46 or -0.47%.
The most current P/E ratio is 215.20 and the market cap is 14.22B. As of the last earnings report the EPS was $0.45 and is projected to be $5.71 for the current year with 146,862,000 shares now outstanding. Next quarter’s EPS is forecasted to be $1.44 with next year’s EPS anticipated to be $6.08.