DigitalBridge Group Inc (NYSE:DBRG)’s traded shares stood at 4.91 million during the last session, with the company’s beta value hitting 1.59. At the close of trading, the stock’s price was $8.74, to imply an increase of 4.05% or $0.34 in intraday trading. The DBRG share’s 52-week high remains $17.33, putting it -98.28% down since that peak but still an impressive 26.66% since price per share fell to its 52-week low of $6.41. The company has a valuation of $1.64B, with an average of 2.24 million shares in intraday trading volume over the past 10 days and average of 2.77 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for DigitalBridge Group Inc (DBRG), translating to a mean rating of 1.20. Of 14 analyst(s) looking at the stock, 0 analyst(s) give DBRG a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 11 recommend it as a Buy.
DigitalBridge Group Inc (NYSE:DBRG) trade information
After registering a 4.05% upside in the last session, DigitalBridge Group Inc (DBRG) has traded red over the past five days. The 5-day price performance for the stock is 4.05%, and -1.24% over 30 days. With these gigs, the year-to-date price performance is -22.52%. Short interest in DigitalBridge Group Inc (NYSE:DBRG) saw shorts transact 12.54 million shares and set a 3.94 days time to cover.
The extremes give us $17 and $36 for target low and target high price respectively. As such, DBRG has been trading -311.9% off suggested target high and -94.51% from its likely low.
DBRG Dividends
DigitalBridge Group Inc has its next earnings report out on 2025-Feb-19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. DigitalBridge Group Inc has a forward dividend ratio of 0.04, with the share yield ticking at 0.46% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 9.92%.
DigitalBridge Group Inc (NYSE:DBRG)’s Major holders
DigitalBridge Group Inc insiders hold 3.88% of total outstanding shares, with institutional holders owning 97.45% of the shares at 101.38% float percentage. In total, 97.45% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 24.85 million shares (or 14.5875% of shares), all amounting to roughly $340.46 million.
The next major institution holding the largest number of shares is WAFRA INC. with 15.46 million shares, or about 9.0725% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $211.74 million.
