DigitalBridge Group Inc (NYSE: DBRG) is -4.70% lower on its value in year-to-date trading and has touched a low of $10.04 and a high of $20.38 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 $10.37 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $10.75, the stock is -0.05% and -3.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.04 million and changing 3.66% at the moment leaves the stock -17.27% off its SMA200. DBRG registered -47.69% loss for a year compared to 6-month loss of -10.86%.
The stock witnessed a -4.70% gain in the last 1 month and extending the period to 3 months gives it a -14.27%, and is 2.48% 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 3.75% over the week and 3.88% over the month.
DigitalBridge Group Inc (DBRG) has around 300 employees, a market worth around $2.00B and $891.16M in sales. Current P/E ratio is 14.08. Profit margin for the company is 18.28%. Distance from 52-week low is 7.07% and -47.25% from its 52-week high. The company has generated returns on investments over the last 12 months (7.02%).
with sales reaching $93.94M over the same period.The EPS is expected to shrink by -84.53% this year, but quarterly earnings will post -57.75% year-over-year. Quarterly sales are estimated to shrink -73.18% in year-over-year returns.
The shares outstanding are 174.01M, and float is at 171.59M with Short Float at 8.30%.
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 9.0725 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 6.65 of the shares totaling 11.33 million with a market value of $155.2 million.
