Jefferies urges deeper dive into mid-caps, picks 12 ideas including GTA-publisher Take-Two
Seeking Alpha News (Thu, 18-Apr 5:13 PM ET)
Short interest on S&P 500 real estate stocks advance in March
Seeking Alpha News (Mon, 15-Apr 11:39 AM ET)
Digital Realty to Host NVIDIA-Powered AI Supercomputer in Denmark
PRNewswire (Tue, 2-Apr 8:37 AM ET)
Digital Realty Schedules First Quarter 2024 Earnings Release and Conference Call
PRNewswire (Mon, 1-Apr 4:10 PM ET)
Digital Realty and Mitsubishi Corporation Form Data Center Development Joint Venture
PRNewswire (Mon, 4-Mar 6:00 AM ET)
Digital Realty Declares Quarterly Cash Dividends for Common and Preferred Stock
PRNewswire (Wed, 28-Feb 4:05 PM ET)
Digital Realty Reports Fourth Quarter 2023 Results
PRNewswire (Thu, 15-Feb 4:05 PM ET)
Digital Realty Announces Tax Treatment of 2023 Dividends
PRNewswire (Thu, 25-Jan 4:15 PM ET)
Digital Realty Announces the Expansion of ServiceFabric
PRNewswire (Mon, 22-Jan 8:00 AM ET)
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. The company operates as a real estate investment trust.
Digital Realty Trust trades on the NYSE stock market under the symbol DLR.
As of April 19, 2024, DLR stock price climbed to $136.83 with 1,396,811 million shares trading.
DLR has a beta of 1.11, meaning it tends to be more sensitive to market movements. DLR has a correlation of 0.20 to the broad based SPY ETF.
DLR has a market cap of $42.73 billion. This is considered a Large Cap stock.
In the last 3 years, DLR stock traded as high as $178.22 and as low as $85.76.
The top ETF exchange traded funds that DLR belongs to (by Net Assets): VNQ, VTI, VOO, VO, SPY.
DLR has outperformed the market in the last year with a price return of +45.2% while the SPY ETF gained +21.2%. However, in the short term, DLR had mixed performance relative to the market. It has underperformed in the last 3 months, returning +2.6% vs +4.3% return in SPY. But in the last 2 weeks, DLR shares have fared better than the market returning -2.2% compared to SPY -3.5%.
DLR support price is $134.34 and resistance is $138.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DLR stock will trade within this expected range on the day.