DigitalBridge Group Inc (NYSE: DBRG) is -35.35% 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 $11.98 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $11.34, the stock is -9.57% and -17.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing -5.34% at the moment leaves the stock -21.44% off its SMA200. DBRG registered -32.06% loss for a year compared to 6-month gain of -7.95%. The firm has a 50-day simple moving average (SMA 50) of $13.764 and a 200-day simple moving average (SMA200) of $14.4698.
The stock witnessed a -9.64% loss in the last 1 month and extending the period to 3 months gives it a -20.03%, and is -10.36% 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 3.68% over the week and 3.65% over the month.
DigitalBridge Group Inc (DBRG) has around 300 employees, a market worth around $2.11B and $891.16M in sales. Current P/E ratio is 14.86. Profit margin for the company is 18.28%. Distance from 52-week low is 2.44% and -45.97% from its 52-week high. The company has generated returns on investments over the last 12 months (7.02%).
The EPS is expected to shrink by -76.71% this year
419.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 104.13% of the company’s shares. The shares outstanding are 174.01M, and float is at 172.04M with Short Float at 8.30%. Institutions hold 100.20% 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.
