Now trading at a price of $105.11, Digital Realty Trust has moved -0.1% so far today.
Digital Realty Trust returned losses of -17.9% last year, with its stock price reaching a high of $139.14 and a low of $85.76. Over the same period, the stock underperformed the S&P 500 index by -35.0%. As of April 2023, the company's 50-day average price was $97.75. Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data "meeting place" and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Based in Austin, TX, the large-cap Real Estate company has 3,412 full time employees. Digital Realty Trust has offered a 4.6% dividend yield over the last 12 months.
The Company Has a Highly Leveraged Balance Sheet and a Declining EPS Growth Trend:
|Net Income (MM)||$580||$356||$1,709||$378|
|Net Interest Expense (MM)||-287||-313||-298||-290|
|Net Interest Expense (MM)||-$287||-$313||-$298||-$290|
|Depreciation & Amort. (MM)||-$1,164||-$1,366||-$1,487||-$1,578|
|Earnings Per Share||$2.35||$1.0||$5.94||$1.09|
|Diluted Shares (MM)||209||263||283||291|
|Free Cash Flow (MM)||$1,514||$1,707||$1,702||$1,659|
|Net Current Assets (MM)||-$11,793||-$16,876||-$17,031||-$20,752|
|Long Term Debt (MM)||$9,888||$12,773||$13,050||$14,446|
|Net Debt / EBITDA||4.91||6.36||3.73||7.22|
Digital Realty Trust's Valuation Is in Line With Its Sector Averages:
Digital Realty Trust has a trailing twelve month P/E ratio of 89.7, compared to an average of 24.81 for the Real Estate sector. Based on its EPS guidance of $1.38, the company has a forward P/E ratio of 70.8. The -10.1% compound average growth rate of Digital Realty Trust's historical and projected earnings per share yields a PEG ratio of -8.88. This indicates that its shares are overvalued.In contrast, the market is likely undervaluing Digital Realty Trust in terms of its equity because its P/B ratio is 1.86 while the sector average is 2.24. The company's shares are currently trading 82.7% above their Graham number.
Digital Realty Trust Has an Analyst Consensus of Some Upside Potential:
The 17 analysts following Digital Realty Trust have set target prices ranging from $80.0 to $175.0 per share, for an average of $118.0 with a buy rating. As of April 2023, the company is trading -17.2% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Digital Realty Trust has an average amount of shares sold short because 6.7% of the company's shares are sold short. Institutions own 102.0% of the company's shares, and the insider ownership rate stands at 0.11%, suggesting a small amount of insider investors. The largest shareholder is the Vanguard Group, Inc., whose 16% stake in the company is worth $4,934,810,574.