Austin, Texas established Digital Realty Trust, Inc. (DLR) brings companies and data together by delivering the entire spectrum of data center, colocation and interconnection solutions. With a market capitalization of $ 58.1 billion, Digital Realty is concerned with ownership, the acquisition, repositioning and the management of technology -related real estate.
The Reit has been set to announce its results in the second quarter after the market is closed on Thursday, July 24. Prior to the event, analysts expect DLR to report core funds of operations (FFO) of $ 1.73 per share, an increase of 4.9% compared to $ 1.65 per share reported in the quarter of a year ago. Moreover, the company has matched or exceeded the FFO projections of Wall Street in each of the last four quarters.
For the full tax 2025, Digital Realty is expected to yield a core FFO of $ 7.03 per share, an increase of 4.8% compared to $ 6.71 per share in tax 2024. Although in tax 2026 the FFO is expected to rise 7.4% per share per share.
DLR shares have been won 13.8% in the last 52 weeks, which means that the S&P 500 index’s ($ SPX) 13.4% return and the Real Estate Sector SPDR Fund (XLRE) have surpassed 9.5% profits for the same time frame.
The stock prices of Digital Realty Trust achieved 4% after the release of his impressive Q1 results on 24 April. Driven by a strong demand in its most important product segments, the company saw strong leasing and growth in cash flows. The rental income for the quarter increased by 7.4% on an annual basis to $ 960.5 million, while the total top line rose by 5.7% year on year to $ 1.4 billion. In addition, the core funds of Operations (CFFO) rose on an annual basis from 14.3% to $ 608.4 million, and the CFFO per share of $ 1.77 exceeded the expectations of the street by 2.3%, which increased the trust of investors.
The share generally has a consensus “moderate buy” assessment. Of the 28 analysts who cover the shares, the opinions include 19 “strong purchases”, two “moderate purchases”, six “holds” and one “strong sale”. The average price target of $ 187.52 indicates an upward potential of 8.6% compared to the current price levels.
On the date of publication, Aditya Sarawgi had no (direct or indirect) positions in one of the effects mentioned in this article. All information and data in this article are exclusively for informative purposes. This article was originally published on Barkart.com
