DigitalBridge Group Inc (NYSE: DBRG) is -17.50% lower on its value in year-to-date trading and has touched a low of $11.07 and a high of $20.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DBRG stock was last observed hovering at around $14.11 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $14.47, the stock is 16.38% and 10.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing 2.55% at the moment leaves the stock -9.02% off its SMA200. DBRG registered -20.76% loss for a year compared to 6-month loss of -21.70%.
The stock witnessed a 18.61% gain in the last 1 month and extending the period to 3 months gives it a 13.40%, and is 29.43% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.13% over the week and 4.11% over the month.
DigitalBridge Group Inc (DBRG) has around 300 employees, a market worth around $2.52B and $1.29B in sales. Current P/E ratio is 6.42. Profit margin for the company is 32.57%. Distance from 52-week low is 30.71% and -31.06% from its 52-week high. The company has generated returns on investments over the last 12 months (18.20%).
The EPS is expected to shrink by -96.06% this year.
DigitalBridge Group Inc (DBRG) Top Institutional Holders
405.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 101.47% of the company’s shares. The shares outstanding are 173.87M, and float is at 171.72M with Short Float at 8.76%. Institutions hold 97.63% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.85 million shares valued at $340.46 million. The investor’s holdings represent 15.4312% of the DBRG Shares outstanding. As of 2024-06-30, the second largest holder is WAFRA INC. with 15.46 million shares valued at $211.74 million to account for 9.5973 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 11.85 million shares representing 7.356% and valued at over $162.29 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 7.0346 of the shares totaling 11.33 million with a market value of $155.2 million.
DigitalBridge Group Inc (DBRG) Insider Activity
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