DigitalBridge Group Inc (NYSE: DBRG) is -15.69% 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 $9.11 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $9.51, the stock is 11.07% and 8.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.15 million and changing 4.39% at the moment leaves the stock -18.54% off its SMA200. DBRG registered -36.39% loss for a year compared to 6-month loss of -23.12%.
The stock witnessed a 24.48% gain in the last 1 month and extending the period to 3 months gives it a -8.29%, and is 8.93% 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 3.47% over the week and 4.29% over the month.
DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $1.79B and $578.08M in sales. Current P/E ratio is 30.19 and Fwd P/E is 29.84. Profit margin for the company is 22.89%. Distance from 52-week low is 48.36% and -45.12% from its 52-week high. The company has generated returns on investments over the last 12 months (5.75%).
The EPS is expected to grow by 366.67% this year
The shares outstanding are 176.09M, and float is at 173.80M with Short Float at 7.18%.
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.
