In the last trading session, 3.32 million DigitalBridge Group Inc (NYSE:DBRG) shares changed hands as the company’s beta touched 1.94. With the company’s per share price at $11.44 changed hands at -$0.46 or -3.87% during last session, the market valuation stood at $2.13B. DBRG’s last price was a discount, traded about -70.37% off its 52-week high of $19.49. The share price had its 52-week low at $10.03, which suggests the last value was 12.33% up since then.
Analysts gave the DigitalBridge Group Inc (DBRG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended DBRG as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight. DigitalBridge Group Inc’s EPS for the current quarter is expected to be 0.
DigitalBridge Group Inc (NYSE:DBRG) trade information
Instantly DBRG was in red as seen at the end of in last trading. With action 10.32%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 1.42%, with the 5-day performance at 10.32% in the green. However, in the 30-day time frame, DigitalBridge Group Inc (NYSE:DBRG) is -1.38% down.
The consensus price target for the stock as assigned by Wall Street analysts is 19, meaning bulls need an upside of 39.79% from its current market value. According to analyst projections, DBRG’s forecast low is 17 with 36 as the target high. To hit the forecast high, the stock’s price needs a -214.69% plunge from its current level, while the stock would need to soar -48.6% for it to hit the projected low.
DigitalBridge Group Inc (DBRG) estimates and forecasts
Year-over-year growth is forecast to reach -32.89% down from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 102.29M. 5 analysts are of the opinion that DigitalBridge Group Inc’s revenue for the current quarter will be 103.12M. The company’s revenue for the corresponding quarters a year ago was 74.39M and 390.34M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 37.50%. The estimates for the next quarter sales put growth at -73.58%.
The 2025 estimates are for DigitalBridge Group Inc earnings to decrease by -566.67%, but the outlook for the next 5-year period is at 104.88% per year.
DBRG Dividends
DigitalBridge Group Inc is expected to release its next quarterly earnings report in March. The 0.35% annual yield figure for the share gives it an annual dividend of 0.04. It is important to note, however, that the 0.35% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
WAFRA INC. holds the second largest percentage of outstanding shares, with 9.0725% or 15.46 million shares worth $211.74 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 5.49 shares estimated at $62.86 million under it, the former controlled 3.16% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.57% of the shares, roughly 4.47 shares worth around $51.13 million.
