Some Investing Thoughts On DigitalBridge Group Inc (NYSE: DBRG)

DigitalBridge Group Inc (DBRG) concluded trading on Thursday at a closing price of $12.24, with 7.44 million shares of worth about $91.11 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.33% during that period and on February 20, 2025 the price saw a gain of about 13.86%. Currently the company’s common shares owned by public are about 174.01M shares, out of which, 171.59M shares are available for trading.

Stock saw a price change of 18.03% in past 5 days and over the past one month there was a price change of 3.55%. Year-to-date (YTD), DBRG shares are showing a performance of 8.51% which decreased to -39.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.04 but also hit the highest price of $20.38 during that period. The average intraday trading volume for DigitalBridge Group Inc shares is 2.28 million. The stock is currently trading 13.39% above its 20-day simple moving average (SMA20), while that difference is up 9.64% for SMA50 and it goes to -5.72% lower than SMA200.

DigitalBridge Group Inc (NYSE: DBRG) currently have 174.01M outstanding shares and institutions hold larger chunk of about 96.62% of that.

The stock has a current market capitalization of $2.28B and its 3Y-monthly beta is at 1.95. PE ratio of stock for trailing 12 months is 16.04, while it has posted earnings per share of $0.76 in the same period. Its PEG reads 0.08 while making debt-to-equity ratio of 0.17. 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 8.43% while standing at 4.88% over the month.

Stock’s fiscal year EPS is expected to drop by -831.53% while it is estimated to increase by 170.06% 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 JMP Securities on January 27, 2025 offering a Mkt outperform rating for the stock and assigned a target price of $16 to it. Coverage by Keefe Bruyette stated DigitalBridge Group Inc (DBRG) stock as a Mkt perform in their note to investors on November 06, 2024, suggesting a price target of $14 for the stock. On December 06, 2023, B. Riley Securities Resumed their recommendations, while on September 28, 2023, JP Morgan Upgrade their ratings for the stock with a price target of $25. Stock get an Outperform rating from Keefe Bruyette on June 05, 2023.

Most Popular

Related Posts