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Digital Realty Trust, Inc. - DLR STOCK NEWS

Welcome to our dedicated page for Digital Realty Trust news (Ticker: DLR), a resource for investors and traders seeking the latest updates and insights on Digital Realty Trust stock.

Digital Realty Trust, Inc. (NYSE: DLR) is a premier global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions. Known for its extensive portfolio, Digital Realty owns and operates over 300 data centers worldwide, encompassing nearly 40 million rentable square feet across five continents. The company's core business revolves around delivering client-driven data center and colocation solutions, ensuring secure, reliable, and cost-effective facilities tailored to meet each client's unique needs. Clients span various industries including IT, internet enterprises, manufacturing, and financial services, highlighting the company's diverse reach.

Digital Realty offers a range of services from retail co-location, where enterprises can rent individual cabinets, to

News

Digital Realty Reports First Quarter 2024 Results

Rhea-AI Summary

Digital Realty reported strong financial results for the first quarter of 2024, with reported net income of $0.82 per share, FFO per share of $1.41, and Core FFO per share of $1.67. The company maintained its 2024 Core FFO per share outlook of $6.60 - $6.75. Despite a 3% decrease in revenues, Digital Realty saw a 11.8% increase in rental rate on renewal leases and a 4.7% growth in 'Same-Capital' cash NOI. The company signed total bookings expected to generate $252 million of annualized GAAP rental revenue in the quarter. Digital Realty is actively involved in multiple joint ventures and investment activities to support its business growth.

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Digital Realty Appoints Susan Swanezy to Board of Directors

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Digital Realty, the global provider of data center solutions, appointed Susan Swanezy, a veteran in real estate and infrastructure capital raising, to its Board of Directors. Swanezy brings decades of experience to assist in the firm's capital funding model. Her background includes roles at Hodes Weill & Associates, Credit Suisse, Stockbridge Capital Partners, and Deutsche Bank. Swanezy's appointment follows the departure of Alexis Black Bjorlin, restoring the Board to nine directors.
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Digital Realty to Host NVIDIA-Powered AI Supercomputer in Denmark

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Digital Realty (DLR) has been chosen to host a cutting-edge NVIDIA-powered AI supercomputer in Copenhagen, Denmark. This collaboration with Novo Nordisk Foundation and EIFO will enable Danish researchers access to advanced AI technology for research in healthcare, life sciences, and climate.
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Digital Realty Schedules First Quarter 2024 Earnings Release and Conference Call

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Digital Realty (DLR) will release financial results for Q1 2024 on May 2, 2024, followed by a conference call. Investors can participate via phone or webcast. Replays will be available for both formats until June 2, 2024.
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Digital Realty and Mitsubishi Corporation Form Data Center Development Joint Venture

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Mitsubishi acquires 65% equity interest in two data centers in Dallas metro area with up to 48 megawatts potential IT load. Digital Realty and Mitsubishi form a joint venture for development, with Mitsubishi investing $200 million initially. The first phase of the project is estimated to cost $400 million, with potential expansion to $800 million.
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Digital Realty Declares Quarterly Cash Dividends for Common and Preferred Stock

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Digital Realty (DLR) announces quarterly cash dividends for common and preferred stock for the first quarter of 2024, with a cash dividend of $1.22 per share for common stockholders and varying amounts for preferred stockholders. The dividends will be paid on March 28, 2024.
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Digital Realty Reports Fourth Quarter 2023 Results

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Digital Realty (DLR) reports financial results for Q4 2023, showcasing net income growth and revenue increase. The company delivered strong FFO and Core FFO per share, with positive leasing activity and investment developments. The outlook for 2024 looks promising with a focus on growth and expansion.
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Digital Realty Announces Tax Treatment of 2023 Dividends

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Digital Realty (NYSE: DLR) has announced the tax treatment of its 2023 dividends for common stock and preferred stock. The 2023 taxable dividend for common stock is $5.264529 per share, while the taxable dividends for preferred stocks range from $1.300000 to $1.462500 per share. Shareholders are urged to consult with their tax advisors as to their specific tax treatment of Digital Realty's dividends.
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Digital Realty Announces the Expansion of ServiceFabric™

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Digital Realty (NYSE: DLR) announced the continued momentum of ServiceFabric™, its service orchestration platform that interconnects workflow participants, applications, clouds, and ecosystems on PlatformDIGITAL®, its global data center platform. Over 70 members have joined the directory and listed more than 100 services, including secure and direct connections to over 200 global cloud on-ramps, creating a vibrant ecosystem for seamless interconnection and collaboration.
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Digital Realty Schedules Fourth Quarter 2023 Earnings Release and Conference Call

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Digital Realty (DLR) will release financial results for Q4 2023 on February 15, 2024, followed by a conference call to discuss the results. Investors can participate via phone or webcast. Replays will be available until March 15, 2024.
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FAQ

What is the current stock price of Digital Realty Trust (DLR)?

The current stock price of Digital Realty Trust (DLR) is $178.57 as of December 20, 2024.

What is the market cap of Digital Realty Trust (DLR)?

The market cap of Digital Realty Trust (DLR) is approximately 58.8B.

What does Digital Realty Trust, Inc. do?

Digital Realty Trust, Inc. provides cloud- and carrier-neutral data center, colocation, and interconnection solutions globally.

How many data centers does Digital Realty own?

Digital Realty owns and operates over 300 data centers worldwide.

What is PlatformDIGITAL®?

PlatformDIGITAL® is Digital Realty's global data center platform offering a secure data meeting place and solutions for managing data challenges.

What industries does Digital Realty serve?

Digital Realty serves a variety of industries including IT, internet enterprises, manufacturing, and financial services.

What recent partnerships has Digital Realty formed?

Digital Realty has recently partnered with Realty Income Corporation and Blackstone Inc. for data center developments in Northern Virginia, Frankfurt, and Paris.

What are cold shells in the context of Digital Realty's services?

Cold shells are large, power-connected spaces provided by Digital Realty where hyperscale cloud service providers can rent much or all of a building.

What financial results did Digital Realty report for Q4 2023?

Digital Realty reported revenues of $1.4 billion and adjusted EBITDA of $700 million for Q4 2023.

What is Digital Realty's approach to leasing?

Digital Realty offers both new leases and renewals, with significant contributions from colocation and interconnection services.

How does Digital Realty support innovation?

Digital Realty supports innovation through its global platform, PlatformDIGITAL®, and solutions like the Pervasive Datacenter Architecture (PDx®).

What is the significance of Digital Realty's REIT status?

As a real estate investment trust (REIT), Digital Realty provides shareholders with income distributions and operates under specific regulatory frameworks beneficial for real estate investments.

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Digital Realty Trust, Inc.

NYSE:DLR

DLR Rankings

#228 Ranked by Market Cap
#1164 Ranked by Dividends

DLR Stock Data

58.80B
331.46M
0.08%
100.7%
2%
REIT - Specialty
Real Estate Investment Trusts
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United States of America
AUSTIN