DigitalBridge Group Inc (DBRG) concluded trading on Thursday at a closing price of $17.05, with 11.32 million shares of worth about $192.94 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.15% during that period and on April 25, 2024 the price saw a loss of about -0.64%. Currently the company’s common shares owned by public are about 173.79M shares, out of which, 171.59M shares are available for trading.
Stock saw a price change of -1.39% in past 5 days and over the past one month there was a price change of -9.79%. Year-to-date (YTD), DBRG shares are showing a performance of -2.79% which increased to 45.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.20 but also hit the highest price of $20.99 during that period. The average intraday trading volume for DigitalBridge Group Inc shares is 1.98 million. The stock is currently trading -6.47% below its 20-day simple moving average (SMA20), while that difference is down -7.71% for SMA50 and it goes to -1.90% lower than SMA200.
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DigitalBridge Group Inc (NYSE: DBRG) currently have 173.79M outstanding shares and institutions hold larger chunk of about 88.31% of that.
The stock has a current market capitalization of $2.96B and its 3Y-monthly beta is at 1.95. PE ratio of stock for trailing 12 months is 27.97, while it has posted earnings per share of $0.61 in the same period. It has a debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DBRG, volatility over the week remained 3.07% while standing at 2.95% over the month.
Analysts are in expectations that DigitalBridge Group Inc (DBRG) stock would likely to be making an EPS of -$0.07 in the current quarter, while forecast for next quarter EPS is -$0.03 and it is $0.16 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.18 which is $0.01 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$1.34 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -79.00% while it is estimated to increase by 141.30% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on December 06, 2023 offering a Buy rating for the stock and assigned a target price of $27 to it. Coverage by JP Morgan stated DigitalBridge Group Inc (DBRG) stock as an Overweight in their note to investors on September 28, 2023, suggesting a price target of $25 for the stock. On June 05, 2023, Keefe Bruyette Upgrade their recommendations, while on February 15, 2023, Deutsche Bank Initiated their ratings for the stock with a price target of $18. Stock get a Neutral rating from JP Morgan on March 18, 2022.
