Digital Realty Trust, Inc. (NYSE:DLR):
Digital Realty Announces Pricing of Pounds Sterling-Denominated Guaranteed Notes.
The company is up by 1.76% since yesterday’s close of $109.6.
The company also recently announced a dividend that was paid on Friday the 30th of June 2017. The dividend payment was $0.930 per share for the quarter which is $3.72 annualized. This dividend amount was represent a yeild of $3.38. The ex-dividend date was Tuesday the 13th of June 2017.
Digital Realty Trust, Inc., launched on March 9, 2004, is a real estate investment trust (REIT). The Company is involved in the business of owning, acquiring, developing and operating data centers. It is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products. As of December 31, 2016, its portfolio consisted of 145 operating properties, including 14 properties held as investments in unconsolidated joint ventures, of which 104 are located throughout the United States, 32 are located in Europe, four are located in Asia, three are located in Australia and two are located in Canada..
It is currently trading at $111.53 a bit lower than the 50 day moving average which is $116.89 and a tad above the 200 day moving average of $108.44. The 50 day moving average went down by -4.53% and the 200 day average was up $3.16.
Digital Realty Trust, Inc.’s P/E ratio is 48.06 and market capitalization is 17.83B. In the latest earnings report the EPS was $2.32 and is projected to be $1.60 for the current year with 159,774,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $0.40 with next year’s EPS anticipated to be $1.93.
Several analysts have provided guidance on DLR of late. On June 12 the company was upgraded from “” to “Outperform” in an announcement from Cowen & Co.. On May 17 the company was rated “Market Perform” according to a Wells Fargo report down from the previous “Outperform” rating.
On December 8 the stock rating was upgraded to “Buy” from “Neutral” in a report issued by Citigroup. Guggenheim initiated coverage on the stock by announcing an initial rating of “Neutral”.
On November 8 the stock rating was upgraded to “Overweight” from “” and a price target of $104.00 was set in a statement from Morgan Stanley. On July 29, 2016 the stock rating was set at “Market Perform” in a report from Cowen & Company a cut from the previous “Outperform” rating.