DLR Stock Summary and Trading Ideas (Digital Realty Trust | NYSE:DLR)

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 December 30, 2024, DLR stock price declined to $175.91 with 301,001 million shares trading.

DLR has a beta of 0.88, meaning it tends to be less sensitive to market movements. DLR has a correlation of 0.18 to the broad based SPY ETF.

DLR has a market cap of $58.29 billion. This is considered a Large Cap stock.

Last quarter Digital Realty Trust reported $1 billion in Revenue and $1.67 earnings per share. This fell short of revenue expectation by $-9 million and met earnings estimates .

In the last 3 years, DLR traded as high as $198.00 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 return of +32.8%, while the SPY ETF gained +25.3%. In the last 3 month period, DLR beat the market returning +9.9%, while SPY returned +3.6%. However, in the most recent 2 weeks DLR has underperformed the stock market by returning -4.9%, while SPY returned -2.0%.

DLR support price is $175.67 and resistance is $180.62 (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 shares will trade within this expected range on the day.