Digital Realty (DLR)
Real Estate · NYSE · US
Price as at 11 Aug 2026, 11:17 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Digital Realty trades at $191.30, which is 24% above the $145.15 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 71 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 47.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
DLR dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $2.44 | 2 |
| 2025 | $4.88 | 4 |
| 2024 | $4.88 | 4 |
| 2023 | $4.88 | 4 |
| 2022 | $4.88 | 4 |
| 2021 | $4.64 | 4 |
| 2020 | $4.48 | 4 |
| 2019 | $4.32 | 4 |
| 2018 | $4.04 | 4 |
| 2017 | $3.72 | 4 |
| 2016 | $3.52 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
DLR earnings and analyst estimates
Recommendation mix, 33 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Digital Realty
Digital Realty Trust, Inc. is a real estate investment firm specializing in Core strategies. It primarily targets investments in data center properties, including colocation facilities, powered base buildings, and data center suites. The firm focuses its real estate investments globally across six continents, targeting markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. Digital Realty Trust, Inc. was founded in 2004 and is based in Austin, Texas.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
DLR passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
18 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Andreas Halvorsen, VIKING GLOBAL INVESTORS LP$414.92M · 1.2% of book
- Capital Research Global, Capital Research Global Investors$288.36M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$194.57M · 0.1% of book
- George Soros, SOROS FUND MANAGEMENT LLC$96.90M · 1.2% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$96.10M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Digital Realty (DLR) undervalued?
Against our fair value estimate of $145.15, DLR at $191.30 is 24% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own DLR?
18 of the institutions we track reported a position in DLR in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is DLR's P/E ratio?
DLR trades at 47.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Digital Realty (DLR) pay a dividend?
Yes. Digital Realty yields 2.70% at the current share price. It has paid $4.88 per share over the trailing twelve months. It has paid a dividend in each of the last 22 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its DLR data?
Fundamentals for DLR come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 11 Aug 2026, 11:17 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for DLR, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.