Market Movers

Digital Realty Trust, Inc.’s Stock Price Soars to $156.76, Marking a Robust Increase of +4.97%

By September 11, 2024 No Comments

Digital Realty Trust, Inc. (DLR)

156.76 USD +7.42 (+4.97%) Volume: 1.79M

Digital Realty Trust, Inc.’s stock price soared to 156.76 USD, marking a significant trading session jump of +4.97%. With a robust trading volume of 1.79M and an impressive YTD increase of +16.48%, DLR continues to showcase strong stock performance in the digital real estate sector.


Latest developments on Digital Realty Trust, Inc.

Today, Digital Realty Trust (NYSE:DLR) stock is trading 3.8% higher following the announcement of pricing €850.0 million of Guaranteed Notes due 2033. Despite the rise in stock price, Digital Realty Trust Inc. continues to underperform the market and the Nasdaq. Prudential PLC holds a $7.02 million position in Digital Realty Trust, Inc. The pricing of the guaranteed notes indicates a strategic move by Digital Realty to secure funding for future growth and expansion opportunities.


A look at Digital Realty Trust, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Digital Realty Trust has a promising long-term outlook. With high scores in Growth and Dividend, the company shows strong potential for expansion and steady returns for investors. Additionally, its Resilience score indicates a certain level of stability, which is crucial for long-term success in the real estate market. While the Value and Momentum scores are not as high, the overall outlook for Digital Realty Trust looks positive.

Digital Realty Trust, Inc. is a company that specializes in owning, acquiring, repositioning, and managing technology-related real estate. Its properties are home to applications and operations that are vital to the daily functions of technology industry tenants and corporate enterprise data center tenants. With properties located in the United States and England, Digital Realty Trust plays a key role in supporting the infrastructure of the technology sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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