|Day's Range||60.50 - 61.41|
|52 Week Range||37.54 - 66.18|
|PE Ratio (TTM)||34.87|
|Dividend & Yield||2.00 (3.30%)|
|1y Target Est||N/A|
Solid demand for data centers amid improved economy and elevated expenses are anticipated to have played a mixed role in Digital Realty's (DLR) Q2 business. Let's see if the stock is poised for a beat.
Digital Realty's (DLR) joint venture recently completed a $135 million secured debt refinancing. The move offered greater financial flexibility by extending the debt maturity profile at a favorable cost.
Anyone skittish about such investments amid recent stock swoons should consider the advice of my colleague Ben Levisohn, who argues that there are reasons to stay the course with the big names. A surprising one: data-center real estate investment trusts, which come with dividends, unlike the tech giants. Such data centers are the foundation of online commerce, cloud computing, artificial intelligence, and every other megatrend.