DigitalBridge Group Inc (NYSE: DBRG) is -29.61% lower on its value in year-to-date trading and has touched a low of $6.41 and a high of $18.00 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 $7.77 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $7.94, the stock is -4.00% and -17.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 2.19% at the moment leaves the stock -34.60% off its SMA200. DBRG registered -55.14% loss for a year compared to 6-month loss of -48.61%. The firm has a 50-day simple moving average (SMA 50) of $9.5792 and a 200-day simple moving average (SMA200) of $12.1404.
The stock witnessed a -18.98% gain in the last 1 month and extending the period to 3 months gives it a -29.23%, and is 8.03% 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 4.77% over the week and 7.37% over the month.
DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $1.48B and $607.03M in sales. Current P/E ratio is 175.66. Profit margin for the company is 7.36%. Distance from 52-week low is 23.87% and -55.89% from its 52-week high. The company has generated returns on investments over the last 12 months (1.95%).
with sales reaching $102.15M over the same period.The EPS is expected to shrink by -650.00% this year, but quarterly earnings will post -32.81% year-over-year. Quarterly sales are estimated to grow 37.31% in year-over-year returns.
DigitalBridge Group Inc (DBRG) Top Institutional Holders
390.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 100.90% of the company’s shares. The shares outstanding are 174.20M, and float is at 172.02M with Short Float at 8.42%. Institutions hold 96.98% 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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