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Are we looking at the next big move in DigitalBridge Group Inc (DBRG)?

DigitalBridge Group Inc (NYSE: DBRG) is 5.50% higher on its value in year-to-date trading and has touched a low of $10.03 and a high of $19.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DBRG stock was last observed hovering at around $12.16 in the last trading session, with the day’s loss setting it -0.26%.

Currently trading at $11.90, the stock is 9.76% and 6.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.99 million and changing -2.14% at the moment leaves the stock -8.15% off its SMA200. DBRG registered -34.87% loss for a year compared to 6-month loss of -2.62%..

The stock witnessed a 3.39% gain in the last 1 month and extending the period to 3 months gives it a -3.57%, and is 16.90% 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 9.53% over the week and 5.12% over the month.

DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $2.22B and $607.03M in sales. Current P/E ratio is 263.27 and Fwd P/E is 60.80. Profit margin for the company is 7.36%. Distance from 52-week low is 18.58% and -38.94% from its 52-week high. The company has generated returns on investments over the last 12 months (1.95%).

with sales reaching $94.34M over the same period.The EPS is expected to shrink by -525.00% this year, but quarterly earnings will post -37.92% year-over-year. Quarterly sales are estimated to grow 26.81% in year-over-year returns.

DigitalBridge Group Inc (DBRG) Top Institutional Holders

The shares outstanding are 174.20M, and float is at 172.12M with Short Float at 8.27%.

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.

DigitalBridge Group Inc (DBRG) Insider Activity

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