Digital Realty Trust (NYSE:DLR – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.600-6.750 for the period, compared to the consensus earnings per share estimate of 6.670. The company issued revenue guidance of $5.6 billion-$5.7 billion, compared to the consensus revenue estimate of $5.6 billion. Digital Realty Trust also updated its FY24 guidance to $6.60 to $6.75 EPS.
Digital Realty Trust Trading Down 1.2 %
DLR stock traded down $1.72 during mid-day trading on Friday, reaching $145.65. The company’s stock had a trading volume of 3,204,396 shares, compared to its average volume of 1,915,188. The company has a market cap of $45.51 billion, a price-to-earnings ratio of 40.46, a price-to-earnings-growth ratio of 10.99 and a beta of 0.59. Digital Realty Trust has a 12 month low of $113.94 and a 12 month high of $162.58. The business’s 50 day moving average price is $149.57 and its 200 day moving average price is $144.40. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.91.
Digital Realty Trust Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date of this dividend was Friday, June 14th. Digital Realty Trust’s dividend payout ratio (DPR) is currently 135.56%.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on Digital Realty Trust
Digital Realty Trust Company Profile
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.
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