In the last trading session, 1.99 million DigitalBridge Group Inc (NYSE:DBRG) shares changed hands as the company’s beta touched 1.59. With the company’s per share price at $8.36 changed hands at -$0.13 or -1.53% during last session, the market valuation stood at $1.57B. DBRG’s last price was a discount, traded about -107.66% off its 52-week high of $17.36. The share price had its 52-week low at $6.41, which suggests the last value was 23.33% up since then. When we look at DigitalBridge Group Inc’s average trading volume, we note the 10-day average is 1.95 million shares, with the 3-month average coming to 2.83 million.
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 5.96%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -25.89%, with the 5-day performance at 5.96% in the green. However, in the 30-day time frame, DigitalBridge Group Inc (NYSE:DBRG) is -8.53% down. Looking at the short shares, we see there were 12.54 million shares sold at short interest cover period of 3.94 days.
The consensus price target for the stock as assigned by Wall Street analysts is 19, meaning bulls need an upside of 56.0% 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 -330.62% plunge from its current level, while the stock would need to soar -103.35% for it to hit the projected low.
DigitalBridge Group Inc (DBRG) estimates and forecasts
Year-over-year growth is forecast to reach -32.81% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 102.15M. 7 analysts are of the opinion that DigitalBridge Group Inc’s revenue for the current quarter will be 103.92M. 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 37.31%. The estimates for the next quarter sales put growth at -73.38%.
The 2025 estimates are for DigitalBridge Group Inc earnings to decrease by -650.00%, but the outlook for the next 5-year period is at 91.90% per year.
DBRG Dividends
DigitalBridge Group Inc is expected to release its next quarterly earnings report on 2025-Feb-19. The 0.48% annual yield figure for the share gives it an annual dividend of 0.04. It is important to note, however, that the 0.48% 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. During the past 5 years, the average dividend yield was 9.92 per year.
DigitalBridge Group Inc (NYSE:DBRG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.88% of DigitalBridge Group Inc shares while 97.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.05%. There are 97.12% institutions holding the DigitalBridge Group Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 14.5875% of the shares, roughly 24.85 million DBRG shares worth $340.46 million.
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 Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 5.46 shares estimated at $45.6 million under it, the former controlled 3.10% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.52% of the shares, roughly 4.43 shares worth around $37.06 million.
