In the last trading session, 1.99 million shares of the DigitalBridge Group Inc (NYSE:DBRG) were traded, and its beta was 1.61. Most recently the company’s share price was $7.64, and it changed around $0.01 or 0.13% from the last close, which brings the market valuation of the company to $1.33B. DBRG currently trades at a discount to its 52-week high of $18.82, offering almost -146.34% off that amount. The share price’s 52-week low was $6.41, which indicates that the current value has risen by an impressive 16.1% since then. We note from DigitalBridge Group Inc’s average daily trading volume that its 10-day average is 4.19 million shares, with the 3-month average coming to 2.88 million.
DigitalBridge Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.20. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended DBRG as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. DigitalBridge Group Inc is expected to report earnings per share of 0 for the current quarter.
DigitalBridge Group Inc (NYSE:DBRG) trade information
Instantly DBRG has showed a green trend with a performance of 0.13% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 8.14 on recent trading dayincreased the stock’s daily price by 6.14%. The company’s shares are currently down -32.27% year-to-date, but still up 6.70% over the last five days. On the other hand, DigitalBridge Group Inc (NYSE:DBRG) is -20.08% down in the 30-day period. We can see from the shorts that 14.48 million shares have been sold at a short interest cover period of 5.37 day(s).
The consensus price target as assigned by Wall Street analysts is $19, which translates to bulls needing to increase their stock price by 59.79% from its current value. Analyst projections state that DBRG is forecast to be at a low of $17 and a high of $36.
DigitalBridge Group Inc (DBRG) estimates and forecasts
The year-over-year growth rate is expected to be -32.81%, down from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 102.15M in revenue for the current quarter. 7 analysts expect DigitalBridge Group Inc to make 103.92M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 74.39M and 390.34M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 37.31%. Forecasts for the next quarter put sales growth at -73.38%.
DigitalBridge Group Inc earnings are expected to increase by -650.00% in 2025, but the outlook is positive 91.90% per year for the next five years.
DBRG Dividends
DigitalBridge Group Inc’s next quarterly earnings report is expected to be released on 2025-Feb-19. The annual dividend yield of the stock is 0.52 percent and its annual dividend per share was 0.04. It is important to note, however, that the 0.52% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 9.92 per year.
DigitalBridge Group Inc (NYSE:DBRG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.95% of DigitalBridge Group Inc shares, and 97.99% of them are in the hands of institutional investors. The stock currently has a share float of 102.03%. DigitalBridge Group Inc stock is held by 389.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 15.4312% of the shares, which is about 24.85 million shares worth $340.46 million.
WAFRA INC., with 9.0725% or 15.46 million shares worth $211.74 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 5.46 shares worth $41.68 million, making up 3.13% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 4.43 shares worth around $33.86 million, which represents about 2.54% of the total shares outstanding.
