DigitalBridge Group Inc (NYSE: DBRG) is -3.88% 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 $16.62 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $16.86, the stock is 9.79% and 20.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.91 million and changing 1.44% at the moment leaves the stock 8.26% off its SMA200. DBRG registered 9.77% gain for a year compared to 6-month loss of 0.48%. The firm has a 50-day simple moving average (SMA 50) of $13.9796 and a 200-day simple moving average (SMA200) of $15.57415.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 18.90% gain in the last 1 month and extending the period to 3 months gives it a 19.07%, and is 4.59% 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 3.81% over the week and 3.57% over the month.
DigitalBridge Group Inc (DBRG) has around 300 employees, a market worth around $2.93B and $1.29B in sales. Current P/E ratio is 7.48 and Fwd P/E is 398.39. Profit margin for the company is 32.57%. Distance from 52-week low is 52.30% and -19.68% 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 -45.97% this year.
DigitalBridge Group Inc (DBRG) Top Institutional Holders
402.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 101.35% of the company’s shares. The shares outstanding are 173.87M, and float is at 171.72M with Short Float at 9.68%. Institutions hold 97.51% 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
#####
