How to Buy Digital Realty Trust Stock
Digital Realty Trust Inc
Digital Realty Trust is a specialty REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker DLR on the NYSE exchange.
Digital Realty Trust stock last closed at $138.53, up 1.97% from the previous day, and has increased 42.1% in one year. It has overperformed other stocks in the REIT - Specialty industry by 0.43 percentage points. Digital Realty Trust stock is currently +60.47% from its 52-week low of $86.33, and -10.15% from its 52-week high of $154.18.
There are currently 312.29M DLR shares outstanding. The market cap of DLR is $43.26B. In the last 24 hours, 1.32M DLR shares were traded.
How to Buy Digital Realty Trust Stock
Not sure how to invest in Digital Realty Trust stock? Here's how.
- Decide where to buy Digital Realty Trust stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Digital Realty Trust stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your info.
- Evaluate Digital Realty Trust stock: The Digital Realty Trust ticker symbol is DLR. Is Digital Realty Trust stock a good investment? Should you buy shares of DLR? How do DLR's underlying business fundamentals look? Do top analysts think Digital Realty Trust is a good buy? Why has DLR's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if DLR is a good stock to buy).
- Execute your DLR trade: Decide if you will purchase DLR shares at the current market price or use a limit order to buy DLR stock at a specific price.
- Get notifications regarding your DLR position: Create a watchlist to get the latest news on your investment in Digital Realty Trust stock.
Step 1: Decide where to buy Digital Realty Trust stock
You will need a brokerage account to access the NYSE market and buy DLR stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in DLR stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock buying app, you need to deposit funds:
Check out the tutorial below for more details depositing funds into your brokerage account.
Step 4: Evaluate Digital Realty Trust stock
Once you have identified the best place to buy Digital Realty Trust stock, it's crucial to analyze their stock prior to buying, so you can wrap your head around the risk and upside.
Digital Realty Trust Numbers
Fundamentals of Digital Realty Trust
WallStreetZen was built to help part-time investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on DLR's stock page.
Is DLR stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DLR's true value.
Using relative valuations methods:
- DLR may be undervalued based on its P/E ratio of 45.57x, relative to REIT - Specialty industry P/E ratio of 51.72x
- DLR could be undervalued based on its P/B ratio of 2.26x, relative to REIT - Specialty industry P/B ratio of 5.67x
- DLR could be overvalued based on its PEG ratio of 1.1x
You can access additional valuation analysis on DLR's stock here.
A quick look at DLR Financials
Signs that DLR is financially healthy:
- DLR profit margin has gone up from 7.2% to 16.6% in the past year.
- Total DLR debt is lower than 5 years ago, relative to shareholder equity.
Signs that DLR is not financially healthy:
- DLR has a relatively high debt to equity ratio of 1.21.
- DLR earnings of $1.46B is not enough to cover its interest payments.
- DLR's operating cash flow of $1.63B allows it to safely service it's debt of $18.97B.
Is it a good time to buy DLR stock, according to analysts?
Out of 10 Equities analysts who give ratings on DLR, the consensus analyst rating on DLR is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest DLR Analyst Upgrades/Downgrades
Michael Rollins, a top 31% analyst from Citigroup maintains DLR with a strong buy rating and raises their DLR price target from $154.00 to $160.00, on Feb 29, 2024.
Citigroup's Michael Rollins raised their price target on Digital Realty Trust (NYSE: DLR) by 3.9% from $154 to $160 on 2024/02/29. The analyst maintained their Strong Buy rating on the stock.
Citigroup raised its price target and initiated a "90-day positive catalyst watch" on Digital Realty Trust's stock, Rollins told investors.
The company's bookings and KPIs would profit from a hyper-scale leasing demand backdrop, which might allow it to lease up to 100 MW (megawatts) of its inventory in the NOVA (Northern Virginia) region at advantageous prices, the analyst explained.
Based on management guidance for FY 2024 and 2025, Rollins predicted that Digital Realty Trust is now "better positioned for organic growth to persist."
An analyst from JP Morgan maintains DLR with a hold rating and raises their DLR price target from $125.00 to $140.00, on Feb 20, 2024.
Jonathan Atkin, a bottom 9% analyst from RBC Capital reiterates DLR with a buy rating and maintains their DLR price target from $144.00 to $144.00, on Feb 16, 2024.
Erik Rasmussen, a bottom 8% analyst from Stifel Nicolaus maintains DLR with a strong buy rating and raises their DLR price target from $155.00 to $160.00, on Feb 16, 2024.
Frank Louthan, a bottom 3% analyst from Raymond James maintains DLR with a strong buy rating and raises their DLR price target from $140.00 to $170.00, on Feb 16, 2024.
You can dig deeper into what analysts are saying on the Digital Realty Trust stock forecast page.
DLR Trading Indicators
Is DLR Growing Revenue?
Last year, DLR earnings were $908.11M. In the past 5 year, DLR's earnings have increased by 20.23% per year. This was faster than the REIT - Specialty industry average of 13.64%.
Last year, DLR revenue was $5.48B. In the last five year, DLR's revenue has increased by 12.45% per year. This was faster than the REIT - Specialty industry average of 7.96%.
Learn more about DLR's earnings and revenue performance here.
What are DLR insiders up to?
In the past year, executives and large shareholders at DLR have sold more shares than they have bought.
Christine Beseda Kornegay, CHIEF ACCOUNTING OFFICER of DLR, was the latest DLR insider to sell. They sold $3,547.75 worth of DLR shares on Apr 1, 2024.
Dig into more about who owns DLR stock here.
Does DLR stock generate passive income?
Digital Realty Trust pays a dividend of 3.52%, compared to the REIT - Specialty industry's average dividend yield of 4.99%. If you owned $1,000 worth of DLR stock, you would have been paid $35.23 in the past year.
Digital Realty Trust dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Digital Realty Trust dividend yield and history here.
What do other investors have to say about DLR?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your DLR trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open button and your broker will execute the order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your DLR position
Now that you own some shares in DLR, you'll want to stay up-to-date on your investment.
Make a watchlist to get alerted to the latest events about your DLR stock.
DLR Feed
How to Buy Stock in Digital Realty Trust
To reiterate, here are the 6 steps to buy Digital Realty Trust stock:
- Decide where to buy Digital Realty Trust stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Digital Realty Trust stock
- Execute your DLR trade
- Get notifications regarding your DLR position
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Digital Realty Trust, create a watchlist today.
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