DigitalBridge Group Inc (NYSE: DBRG) is -29.70% 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 $11.97 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $12.33, the stock is -6.84% and -13.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.74 million and changing 3.01% at the moment leaves the stock -17.66% off its SMA200. DBRG registered -25.09% loss for a year compared to 6-month gain of -4.86%. The firm has a 50-day simple moving average (SMA 50) of $14.3002 and a 200-day simple moving average (SMA200) of $14.97405.
The stock witnessed a -25.81% loss in the last 1 month and extending the period to 3 months gives it a -3.75%, and is -2.91% down 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 4.25% over the week and 4.27% over the month.
DigitalBridge Group Inc (DBRG) has around 300 employees, a market worth around $2.37B and $891.16M in sales. Current P/E ratio is 16.15. Profit margin for the company is 18.28%. Distance from 52-week low is 11.38% and -41.26% from its 52-week high. The company has generated returns on investments over the last 12 months (7.02%).
with sales reaching $88.98M over the same period.The EPS is expected to shrink by -70.55% this year, but quarterly earnings will post -58.08% year-over-year. Quarterly sales are estimated to shrink -74.60% in year-over-year returns.
DigitalBridge Group Inc (DBRG) Top Institutional Holders
419.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 104.20% of the company’s shares. The shares outstanding are 174.19M, and float is at 172.04M with Short Float at 9.80%. Institutions hold 100.27% 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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