With 2.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.15 million shares. The 52-week range on DLR shows that it touched its highest point at $198.00 and its lowest point at $131.42 during that stretch. It currently has a 1-year price target of $188.87. With its current market cap of 57.90 billion, DLR has annualized dividend of $4.88 while the current yield stands at 2.84%. Beta for the stock currently stands at 0.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DLR was up-trending over the past week, with a rise of 5.38%, but this was down by -6.30% over a month. Three-month performance dropped to -4.27% while six-month performance rose 15.73%. The stock gained 26.27% in the past year, while it has lost -3.01% so far this year. A look at the trailing 12-month EPS for DLR yields 1.62 with Next year EPS estimates of 1.55. For the next quarter, that number is 0.34. This implies an EPS growth rate of -14.46% for this year and 12.67% for next year. EPS is expected to grow by 6.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.31%.
Float and Shares Shorts:
At present, 336.64 million DLR shares are outstanding with a float of 336.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DLR since 14 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.4169 being high and $1.40848 being low. For DLR, this leads to a yearly average estimate of $1.41269. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.22. The average estimate for the next quarter is thus $0.22.
