DigitalBridge Group Inc (NYSE: DBRG) is -4.96% 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 $10.90 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $10.72, the stock is -1.66% and 15.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing -1.65% at the moment leaves the stock -7.09% off its SMA200. DBRG registered -19.16% loss for a year compared to 6-month loss of -17.79%. The firm has a 50-day simple moving average (SMA 50) of $9.2956 and a 200-day simple moving average (SMA200) of $11.53815.
The stock witnessed a 23.79% gain in the last 1 month and extending the period to 3 months gives it a 18.06%, and is -3.77% 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 1.34% over the week and 5.41% over the month.
DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $2.02B and $578.08M in sales. Current P/E ratio is 34.03 and Fwd P/E is 34.03. Profit margin for the company is 22.89%. Distance from 52-week low is 67.24% and -38.14% from its 52-week high. The company has generated returns on investments over the last 12 months (5.75%).
with sales reaching $101.85M over the same period.The EPS is expected to grow by 308.33% this year, but quarterly earnings will post -42.79% year-over-year. Quarterly sales are estimated to shrink -73.91% in year-over-year returns.
DigitalBridge Group Inc (DBRG) Top Institutional Holders
389.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 99.56% of the company’s shares. The shares outstanding are 176.09M, and float is at 173.72M with Short Float at 7.01%. Institutions hold 95.65% 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.
