DigitalBridge Group Inc (DBRG) down -9.93% since start of the year

DigitalBridge Group Inc (NYSE: DBRG) is -9.93% 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 $10.33 in the last trading session, with the day’s loss setting it -0.17%.

Currently trading at $10.16, the stock is -7.24% and 7.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.43 million and changing -1.65% at the moment leaves the stock -11.56% off its SMA200. DBRG registered -22.38% loss for a year compared to 6-month loss of -19.68%.

The stock witnessed a -14.12% gain in the last 1 month and extending the period to 3 months gives it a 5.94%, and is -5.22% 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 1.86% over the week and 1.77% over the month.

DigitalBridge Group Inc (DBRG) has around 324 employees, a market worth around $1.91B and $578.08M in sales. Current P/E ratio is 32.25 and Fwd P/E is 32.25. Profit margin for the company is 22.89%. Distance from 52-week low is 58.50% and -41.37% 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 308.33% this year.

DigitalBridge Group Inc (DBRG) Top Institutional Holders

The shares outstanding are 176.09M, and float is at 173.85M with Short Float at 6.48%.

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.