DigitalBridge Group Inc (NYSE: DBRG) is -25.53% lower on its value in year-to-date trading and has touched a low of $6.41 and a high of $17.33 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 $8.36 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $8.40, the stock is 5.97% and -8.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing 0.48% at the moment leaves the stock -29.62% off its SMA200. DBRG registered -49.94% loss for a year compared to 6-month loss of -50.18%. The firm has a 50-day simple moving average (SMA 50) of $9.2248 and a 200-day simple moving average (SMA200) of $11.9347.
The stock witnessed a -4.76% gain in the last 1 month and extending the period to 3 months gives it a -19.77%, and is 3.07% 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 4.32% over the week and 7.70% over the month.
DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $1.58B and $607.03M in sales. Current P/E ratio is 185.84. Profit margin for the company is 7.36%. Distance from 52-week low is 31.05% and -51.53% 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 -641.67% 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.
393.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 101.30% of the company’s shares. The shares outstanding are 174.20M, and float is at 173.80M with Short Float at 7.21%. Institutions hold 97.37% 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 14.5875 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.
