DigitalBridge Group Inc (NYSE: DBRG) is -7.18% lower on its value in year-to-date trading and has touched a low of $10.25 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 $10.46 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $10.47, the stock is -5.32% and -10.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing 0.10% at the moment leaves the stock -22.15% off its SMA200. DBRG registered -48.68% loss for a year compared to 6-month loss of -26.06%. The firm has a 50-day simple moving average (SMA 50) of $11.7926 and a 200-day simple moving average (SMA200) of $13.49035.
The stock witnessed a -3.50% gain in the last 1 month and extending the period to 3 months gives it a -37.90%, and is -8.64% 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 4.67% over the week and 4.28% over the month.
DigitalBridge Group Inc (DBRG) has around 300 employees, a market worth around $1.95B and $891.16M in sales. Current P/E ratio is 13.72. Profit margin for the company is 18.28%. Distance from 52-week low is 2.15% and -50.12% from its 52-week high. The company has generated returns on investments over the last 12 months (7.02%).
with sales reaching $93.01M over the same period.The EPS is expected to shrink by -78.03% this year, but quarterly earnings will post -57.81% year-over-year. Quarterly sales are estimated to shrink -73.45% in year-over-year returns.
423.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 104.42% of the company’s shares. The shares outstanding are 174.01M, and float is at 172.06M with Short Float at 7.26%. Institutions hold 100.52% 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.
