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What should you know before buying stock in DigitalBridge Group Inc (DBRG)

DigitalBridge Group Inc (NYSE: DBRG) is -39.72% lower on its value in year-to-date trading and has touched a low of $6.44 and a high of $19.00 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 $7.16 in the last trading session, with the day’s loss setting it -0.36%.

Currently trading at $6.80, the stock is -23.61% and -31.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.48 million and changing -5.03% at the moment leaves the stock -44.87% off its SMA200. DBRG registered -63.08% loss for a year compared to 6-month loss of -54.82%. The firm has a 50-day simple moving average (SMA 50) of $9.9982 and a 200-day simple moving average (SMA200) of $12.3342.

The stock witnessed a -25.11% gain in the last 1 month and extending the period to 3 months gives it a -40.04%, and is -23.16% 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 12.23% over the week and 5.64% over the month.

DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $1.27B and $607.03M in sales. Current P/E ratio is 150.44. Profit margin for the company is 7.36%. Distance from 52-week low is 5.59% and -64.21% from its 52-week high. The company has generated returns on investments over the last 12 months (1.95%).

with sales reaching $101.7M over the same period.The EPS is expected to shrink by -616.67% this year, but quarterly earnings will post -32.99% year-over-year. Quarterly sales are estimated to grow 36.71% in year-over-year returns.

DigitalBridge Group Inc (DBRG) Top Institutional Holders

391.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 100.85% of the company’s shares. The shares outstanding are 174.20M, and float is at 172.02M with Short Float at 7.96%. Institutions hold 96.86% 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 6.9537% 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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