Digital Realty Trust, Inc. Comm (NYSE:DLR):
Digital Realty Appoints Rob Coupland as Managing Director, EMEA.
The company is trading unchanged by percent from yesterday’s close.
Additionally the company recently announced a dividend for shareholders to be paid on Friday the 30th of September 2016. The dividend will be $0.880 per share for the quarter which is $3.52 annualized. 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 on Tuesday September 13th, 2016.
Shares are trading at $96.84 slightly below $98.64, the stock’s 50 day moving average and which is a tad under the 200 day moving average of $97.30. The 50 day moving average was down $-1.80 and the 200 day average was down $-0.46.
Digital Realty Trust, Inc. Comm currently has a P/E ratio of 215.20 and the market cap of the company is 14.22B. In 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 currently outstanding. Next quarter’s EPS is estimated at $1.44 and the next full year EPS is anticipated to be $6.08.
Brokerage analysts have issued ratings on the company. On July 29 the company was downgraded to “Market Perform” from “Outperform” in an announcement from Cowen & Company. SunTrust Robinson Humphrey began coverage setting a rating of “Buy” and a price target of $125.00.
On July 19 the stock rating was downgraded from “Buy” to “Buy” with a current price target of $114.00 in a report issued by Jefferies. July 18 investment analysts at Deutsche Bank maintained a stock rating of “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. On June 1, 2016 Wells Fargo started coverage by announcing an initial rating of “Outperform”.