DLR eyes growth on strong leasing, expanding development pipelines and new NVIDIA collaboration despite rising competition and debt pressures.
Strong REIT picks, DLR, FRT and TRNO, shine as holiday shopping and rising demand across key property sectors create timely opportunities.
DLR's global data-center scale, strong leasing momentum and expanding development pipeline fuel long-term growth potential.
Real estate investment trusts make it easy to invest in real estate. These assets give you exposure to various properties without any of the work.
Digital Realty Trust (DLR) preferred stocks (DLR.PR.J, DLR.PR.K, DLR.PR.L) offer attractive yields and are backed by strong fundamentals. Recent earnings show improving FFO trends and robust dividend coverage, making DLR's preferred equity payments well-protected for the foreseeable future. DLR's capital structure and credit analysis suggest a higher credit quality than official ratings, with an adjusted A2 assessment for debt and Baa1 for preferreds.
Digital Realty Trust, Inc. (NYSE:DLR ) Q3 2025 Earnings Call October 23, 2025 5:00 PM EDT Company Participants Jordan Sadler - Senior Vice President of Public & Private Investor Relations Andrew Power - President, CEO & Director Matt Mercier - Chief Financial Officer Colin McLean - Chief Revenue Officer Gregory Wright - Chief Investment Officer Chris Sharp - Chief Technology Officer Conference Call Participants Aryeh Klein - BMO Capital Markets Equity Research Jonathan Petersen - Jefferies LLC, Research Division Michael Funk - BofA Securities, Research Division Eric Luebchow - Wells Fargo Securities, LLC, Research Division Michael Rollins - Citigroup Inc., Research Division David Guarino - Green Street Advisors, LLC, Research Division John Hodulik - UBS Investment Bank, Research Division Michael Elias - TD Cowen, Research Division Jyhhaw Liu - Evercore ISI Institutional Equities, Research Division Richard Choe - JPMorgan Chase & Co, Research Division James Schneider - Goldman Sachs Group, Inc., Research Division Frank Louthan - Raymond James & Associates, Inc., Research Division Joseph Osha - Guggenheim Securities, LLC, Research Division Cameron McVeigh - Morgan Stanley, Research Division Maher Yaghi - Scotiabank Global Banking and Markets, Research Division Presentation Operator Good afternoon, and welcome to the Digital Realty Third Quarter 2025 Earnings Call. Please note, this event is being recorded.
Artificial intelligence (AI) stocks and real estate investment trusts (REITs) generally attract different types of investors. Leading tech stocks like Nvidia are more apt to appeal to growth-oriented investors, while REITs -- which purchase properties, rent them out, and distribute the lion's share of their income through dividends -- are more favored by income investors.
DLR stands out with rising demand for data centers and strong leasing activity. Its diverse tenant base, global expansion and solid balance sheet bode well for growth.
Digital Realty Trust, Inc. is a leading global data center provider with $48 billion in assets and over 300 data centers. DLR maintains a strong capital structure with 93% fixed-rate debt, a 263% asset coverage ratio, and investment-grade credit ratings from major agencies. DLR common stock trades at $174.12 with a forward P/FFO of 24.20, yielding 2.80% and a 20-year dividend payment streak.
DLR jumps 17% in six months, fueled by a strong tenant base, record leasing backlog, strategic investments and development activities.
Digital Realty Trust, Inc. (NYSE:DLR ) Global Communications Infrastructure Conference September 17, 2025 10:00 AM EDT Company Participants Matt Mercier - Chief Financial Officer Conference Call Participants Jonathan Atkin - RBC Capital Markets, Research Division Presentation Jonathan Atkin RBC Capital Markets, Research Division So, I'm Jon Atkin with RBC. Welcome to our next session with me for the next 20 minutes of Q&A is Matt Mercier, Chief Financial Officer of Digital Realty Trust.
DLR debuts its Innovation Lab in Virginia, giving clients a low-risk way to test AI and hybrid cloud workloads.