DigitalBridge Group Inc (NYSE: DBRG) is -15.96% lower on its value in year-to-date trading and has touched a low of $8.95 and a high of $19.49 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 $9.80 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $9.48, the stock is -8.26% and -10.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing -3.27% at the moment leaves the stock -24.86% off its SMA200. DBRG registered -48.87% loss for a year compared to 6-month loss of -32.67%. The firm has a 50-day simple moving average (SMA 50) of $10.6508 and a 200-day simple moving average (SMA200) of $12.6172.
The stock witnessed a -11.81% gain in the last 1 month and extending the period to 3 months gives it a -21.33%, and is 2.93% 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 4.00% over the week and 5.94% over the month.
DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $1.77B and $607.03M in sales. Current P/E ratio is 209.73. Profit margin for the company is 7.36%. Distance from 52-week low is 5.92% and -51.36% from its 52-week high. The company has generated returns on investments over the last 12 months (1.95%).
with sales reaching $102.29M over the same period.The EPS is expected to shrink by -857.14% this year, but quarterly earnings will post -32.89% year-over-year. Quarterly sales are estimated to grow 37.50% in year-over-year returns.
397.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 101.07% of the company’s shares. The shares outstanding are 174.20M, and float is at 172.41M with Short Float at 8.19%. Institutions hold 97.31% 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 9.0725 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.
