Digital Realty Trust, Inc. (NYSE:DLR ) Goldman Sachs Communacopia + Technology Conference September 11, 2024 6:45 PM ET Company Participants Andrew Power - President and Chief Executive Officer Conference Call Participants James Schneider - Goldman Sachs James Schneider Okay, thanks. Okay, good afternoon, everybody.
Realty Income and Vici serve resilient industries. STAG is an indirect way to profit from the e-commerce sector's expansion.
Data center REITs have outperformed over time. But this was mostly driven by rising valuations, not profits. Why I avoid data center REITs.
Digital Realty Trust, Inc. (NYSE:DLR ) Citi's 2024 Global TMT Conference September 5, 2024 1:20 PM ET Company Participants Matthew Mercier - CFO Conference Call Participants Michael Rollins - Citi Michael Rollins This session is for Citi clients only, and disclosures are available in the back of the room next to the AV desk, and we also have them conveniently up here. If you'd like to scroll this electronic copy on the iPad, feel free at any time.
Digital Realty Trust, Inc. (NYSE:DLR ) Bank of America 2024 Media, Communications & Entertainment Conference September 4, 2024 8:50 AM ET Company Participants Matt Mercier - CFO Conference Call Participants David Barden - Bank of America David Barden Everybody, I'm Dave Barden. I head up Telecommunications and Comm-Infrastructure Research for Bank of America.
Fixed income securities are much broader than areas that typically receive allocation. Preferreds are often overlooked due to perceived riskiness, but can be safer than bonds of troubled companies. Spreads between preferreds and bonds of the same company vary widely, indicating mispricing and potential opportunities.
Digital Realty (DLR) is likely to benefit from robust data center demand and development and redevelopment activities. However, a competitive market and high interest rates remain concerns.
Digital Realty Trust, Inc. has shown positive operating performance, but its valuation is questionable due to AI hype. The company has a strong business profile with growth tailwinds, but its income appeal may not be enough for investors. Despite recent financial performance improvements, Digital Realty's high valuation and low dividend yield may not make it an attractive investment.
REITs are starting to regain investors' respect. But some of them are getting overhyped. I highlight 3 overrated REITs that I would avoid.
Since it began raising interest rates at its March 2022 Federal Open Market Committee (FOMC) meeting, investors have been keeping an eye on the Federal Reserve in anticipation of rates finally being cut after inflation has continued to subside.
Digital Realty's (DLR) Q2 FFO tops estimates. Results reflect decent leasing activity and rental rate increases.
Digital Realty Trust, Inc. (NYSE:DLR ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Jordan Sadler - SVP, Public and Private IR Andrew Power - President and CEO Matthew Mercier - CFO Christopher Sharp - Chief Technology Officer Colin McLean - Chief Revenue Officer Gregory Wright - Chief Investment Officer Conference Call Participants Richard Choe - JPMorgan Irvin Liu - Evercore ISI Michael Rollins - Citi Jonathan Atkin - RBC Jonathan Petersen - Jefferies Ari Klein - BMO Capital Markets David Barden - Bank of America Eric Luebchow - Wells Fargo James Schneider - Goldman Sachs Vikram Malhotra - Mizuho Frank Louthan - Raymond James Michael Elias - TD Cowen David Guarino - Green Street Matthew Niknam - Deutsche Bank Anthony Hau - Truist Securities Brandon Nispel - KeyBanc Capital Markets Operator Good day, and welcome to the Digital Realty Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.