Morgan Stanley has initiated coverage on Digital Realty Trust Inc (DLR) with an Equal-Weight rating. This marks the firm's first assessment of the company, reflecting its analysis of Digital Realty's business, industry dynamics, and growth prospects.
Headquartered in Dallas, Texas, Digital Realty operates as a real estate investment trust (REIT) focused on data center, colocation, and interconnection solutions. The company has a substantial presence, owning and operating over 308 data centers globally, with 121 located in the United States and the remainder spread across Europe, Latin America, Africa, Asia, Australia, and Canada.
As of now, DLR's market capitalization stands at $57.8 billion, with a P/E ratio of 41.32 and an impressive dividend yield of 289.9%. The company is expected to report its upcoming earnings on July 21, 2026, with estimates of $0.38 for EPS and $1.6 billion in revenue.
Analyst ratings, such as this one from Morgan Stanley, can provide valuable insights into a company's potential. However, it's crucial for investors to consider a variety of factors, including company fundamentals and market conditions, before making investment decisions. Analyst opinions can evolve as new information emerges, and differing views may exist among analysts covering the same stock.