During the last session, Pagaya Technologies Ltd (NASDAQ:PGY)’s traded shares were 5.8 million, with the beta value of the company hitting 5.91. At the end of the trading day, the stock’s price was $13.87, reflecting an intraday gain of 23.29% or $2.62. The 52-week high for the PGY share is $19.20, that puts it down -38.43 from that peak though still a striking 40.88% gain since the share price plummeted to a 52-week low of $8.20. The company’s market capitalization is $1.05B, and the average trade volume was 2.59 million shares over the past three months.
Pagaya Technologies Ltd (PGY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.22. PGY has a Sell rating from 0 analyst(s) out of 13 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it.
Pagaya Technologies Ltd (NASDAQ:PGY) trade information
Pagaya Technologies Ltd (PGY) registered a 23.29% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 23.29% in intraday trading to $13.87, hitting a weekly high. The stock’s 5-day price performance is 22.10%, and it has moved by 56.19% in 30 days. Based on these gigs, the overall price performance for the year is 26.55%.
The consensus price target of analysts on Wall Street is $26, which implies an increase of 46.65% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $26 and $26 respectively. As a result, PGY is trading at a discount of -87.45% off the target high and -87.45% off the low.
While earnings are projected to return 106.51% in 2025.
PGY Dividends
Pagaya Technologies Ltd is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 3.34 million shares, is of BLACKROCK INC.’s that is approximately 4.6503% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $42.58 million.
Also, the Mutual Funds coming in first place with the largest holdings of Pagaya Technologies Ltd (PGY) shares are ARK ETF Tr-ARK Israel Innovative Technology ETF and iShares Core MSCI EAFE ETF . Data provided on Dec 31, 2023 indicates that ARK ETF Tr-ARK Israel Innovative Technology ETF owns about 1.49 shares. This amounts to just over 0.28 percent of the company’s overall shares, with a $20.66 million market value. The same data shows that the other fund manager holds slightly less at 968.99, or about 0.18% of the stock, which is worth about $13.44 million.
