DigitalBridge Group Inc (NYSE: DBRG) is -7.00% lower on its value in year-to-date trading and has touched a low of $10.24 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 $10.57 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $10.49, the stock is -4.13% and -8.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing -0.76% at the moment leaves the stock -20.18% off its SMA200. DBRG registered -47.26% loss for a year compared to 6-month loss of -16.61%. The firm has a 50-day simple moving average (SMA 50) of $11.4972 and a 200-day simple moving average (SMA200) of $13.1756.
The stock witnessed a -1.13% gain in the last 1 month and extending the period to 3 months gives it a -16.48%, and is -2.51% 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 3.32% over the week and 3.99% 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 13.74. Profit margin for the company is 18.28%. Distance from 52-week low is 2.44% and -50.02% 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 -84.53% 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.
DigitalBridge Group Inc (DBRG) Top Institutional Holders
414.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 107.76% of the company’s shares. The shares outstanding are 174.01M, and float is at 171.70M with Short Float at 7.27%. Institutions hold 103.52% 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.
DigitalBridge Group Inc (DBRG) Insider Activity
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