DigitalBridge Group Inc (NYSE: DBRG) is -1.77% 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 $11.00 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $11.08, the stock is 4.76% and 20.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 0.73% at the moment leaves the stock -4.13% off its SMA200. DBRG registered -18.77% loss for a year compared to 6-month loss of -15.42%. The firm has a 50-day simple moving average (SMA 50) of $9.202 and a 200-day simple moving average (SMA200) of $11.5574.
The stock witnessed a 23.94% gain in the last 1 month and extending the period to 3 months gives it a 3.45%, and is -1.25% 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 0.96% over the week and 5.37% over the month.
DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $2.09B and $578.08M in sales. Current P/E ratio is 35.17 and Fwd P/E is 35.17. Profit margin for the company is 22.89%. Distance from 52-week low is 72.85% and -36.06% 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.
389.0 institutions hold shares in DigitalBridge Group Inc (DBRG), with institutional investors hold 99.57% of the company’s shares. The shares outstanding are 176.09M, and float is at 173.80M with Short Float at 7.00%. Institutions hold 95.67% 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.
