There is no way Digital Realty Trust Inc (DLR) can keep these numbers up

With 1.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.08 million shares. During the session, the REIT – Specialty company that operates in wider Real Estate sector, reached to the highest price of $138.98 whereas the lowest price it dropped to was $135.7. The 52-week range on DLR shows that it touched its highest point at $154.18 and its lowest point at $86.33 during that stretch. It currently has a 1-year price target of $145.35. With its current market cap of 42.68 billion, DLR has annualized dividend of $4.88 while the current yield stands at 3.57%. Beta for the stock currently stands at 0.57.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DLR was down-trending over the past week, with a drop of -4.59%, but this was down by -3.58% over a month. Three-month performance surged to 1.58% while six-month performance rose 10.84%. The stock gained 40.06% in the past year, while it has gained 1.55% so far this year. A look at the trailing 12-month EPS for DLR yields 2.95 with Next year EPS estimates of 1.25. For the next quarter, that number is 0.29. This implies an EPS growth rate of -59.96% for this year and 4.27% for next year.

Float and Shares Shorts:

At present, 312.29 million DLR shares are outstanding with a float of 311.91 million shares on hand for trading. On 2024-03-28, short shares totaled 10.01 million, which was 320.99999999999994 higher than short shares on 1709164800. In addition to Mr. Andrew P. Power as the firm’s President, CEO & Director, Mr. Gregory S. Wright serves as its Chief Investment Officer.

Institutional Ownership:

Through their ownership of 1.02527 of DLR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, DLR reported revenue of $1369639000.0 and operating income of $179630000.0. The EBITDA in the recently reported quarter was $620420000.0 and diluted EPS was $0.06.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DLR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.