There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Digital Realty Trust Inc. (DLR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.15, or 0.14%, to $106.08. The Digital Realty Trust Inc. has recorded 37,555 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Digital Realty to Bid Farewell to Longest Tenured Directors.
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This NYSE-listed company operates within the REIT – Specialty industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $105.93 and fluctuated between $108.03 as its day high and $101.67 as its day low. The current market capitalization of Digital Realty Trust Inc. is $31.40B. A total of 2.98 million shares were traded on the day, compared to an average of 1.97M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, DLR has seen 5 BUY and 7 SELL insider trades, representing the acquisition of 14,782 and the disposition of 12,027 shares. Over the last 12 months, there were 13 BUYs and 29 SELLs from insiders. Insiders purchased 40,641 shares during that period but sold 97,372.
In the most recent transaction, Sharp Christopher sold 4,235 shares of DLR for 120.00 per share on Feb 02. After the transaction, the EVP, CHIEF TECHNOLOGY OFFICER now owns 0 company shares. In a previous transaction on Feb 01, Lee Jeannie sold 1,000 shares at 115.00 per share. DLR shares that EVP, GENERAL COUNSEL owns now total 10,975.
Among the insiders who sold shares, MANDEVILLE JEAN F H P disposed of 1,000 shares on Nov 18 at a per-share price of $111.01. This resulted in the Director holding 11,676 shares of DLR after the transaction. In another insider transaction, Stein A William bought 5,000 shares at $113.22 per share on Sep 15. Company shares held by the CHIEF EXECUTIVE OFFICER now total 10,000.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Digital Realty Trust Inc. pays an annual dividend of $4.88, resulting in a dividend yield of 4.61%, and it has a price to earnings (P/E) ratio of 91.95. DLR’s most recent ex-dividend date was 3/14/2023 when it declared a $1.22 quarterly dividend that was paid in cash on 3/31/2023. Previously, the company paid the dividend on 1/13/2023 with an ex-dividend date of 12/14/2022. The DLR stock dividend was $1.22 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for DLR in the last 3 months, the mean price target is $120.26 with high estimates of $175.00 and low estimates of $80.00. In terms of 52-week highs and lows, DLR has a high of $153.50 and a low of $85.76.
As of this writing, DLR has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.35 per share and a lower estimate of $0.21. The company reported an EPS of $0.19 in the last quarter, which was -34.50% lower than expectations of $0.29.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 24 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DLR is Sell with a score of 4.06. A total of 12 analysts rated the stock as Buy while 1 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.