Digital Realty Trust Inc. (DLR): Today's Featured Real Estate Winner - TheStreet

Digital Realty

(

DLR

) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day down 0.1%. By the end of trading, Digital Realty rose $0.73 (1.2%) to $61.00 on average volume. Throughout the day, 1,667,570 shares of Digital Realty exchanged hands as compared to its average daily volume of 1,680,500 shares. The stock ranged in a price between $59.96-$61.56 after having opened the day at $60.96 as compared to the previous trading day's close of $60.27. Other companies within the Real Estate industry that increased today were:

Altis Resident

(

RESI

), up 11.3%,

Preferred Apartment Communities

(

APTS

), up 9.1%,

Chambers Street Properties

(

CSG

), up 7.3% and

Optibase

(

OBAS

), up 5.5%.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Digital Realty has a market cap of $7.6 billion and is part of the financial sector. The company has a P/E ratio of 40.8, above the S&P 500 P/E ratio of 17.7. Shares are down 11.2% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Digital Realty a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates

Digital Realty

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front,

American Spectrum Realty

(

AQQ

), down 7.0%,

Vestin Realty Mortgage I

(

VRTA

), down 6.0%,

Stratus Properties

(

STRS

), down 4.8% and

Elbit Imaging

(

EMITF

), down 4.0% , were all laggards within the real estate industry with

Annaly Capital Management

(

NLY

) being today's real estate industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider

iShares Dow Jones US Real Estate

(

IYR

) while those bearish on the real estate industry could consider

ProShares Short Real Estate Fund

(

REK

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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