In the latest session, DigitalBridge Group Inc (NYSE: DBRG) closed at $18.32 down -1.66% from its previous closing price of $18.63. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 1353215 shares were traded. DBRG stock price reached its highest trading level at $19.06 during the session, while it also had its lowest trading level at $18.31.
Ratios:
For a deeper understanding of DigitalBridge Group Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.23.
On September 28, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $19 to $25.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on June 05, 2023, whereas the target price for the stock was revised from $12.50 to $17.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DBRG now has a Market Capitalization of 3.00B and an Enterprise Value of 3.87B. As of this moment, DigitalBridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.05, and their Forward P/E ratio for the next fiscal year is 53.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 2.94. Its current Enterprise Value per Revenue stands at 4.71 whereas that against EBITDA is 4.41.
Stock Price History:
Over the past 52 weeks, DBRG has reached a high of $20.99, while it has fallen to a 52-week low of $10.20. The 50-Day Moving Average of the stock is 19.06, while the 200-Day Moving Average is calculated to be 17.08.
Shares Statistics:
For the past three months, DBRG has traded an average of 2.16M shares per day and 2.45M over the past ten days. A total of 163.21M shares are outstanding, with a floating share count of 161.39M. Insiders hold about 1.27% of the company’s shares, while institutions hold 93.54% stake in the company. Shares short for DBRG as of Mar 15, 2024 were 22.51M with a Short Ratio of 10.44, compared to 17.88M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.76% and a Short% of Float of 16.71%.
Dividends & Splits
According to the company, the forward annual dividend rate for DBRG is 0.04, from 0.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.21%, it implies a Forward Annual Dividend Yield of 0.21%. The stock’s 5-year Average Dividend Yield is 9.92.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.18, while EPS last year was -$1.34. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.02 and low estimates of -$0.15.
Analysts are recommending an EPS of between $0.1 and -$0.61 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.16, with 5 analysts recommending between $0.82 and -$0.54.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $111.83M this quarter.It ranges from a high estimate of $147.7M to a low estimate of $83M. As of the current estimate, DigitalBridge Group Inc’s year-ago sales were $250.16M, an estimated decrease of -55.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $115.24M, a decrease of -72.90% less than the figure of -$55.30% in the same quarter last year. There is a high estimate of $149.7M for the next quarter, whereas the lowest estimate is $89M.
A total of 6 analysts have provided revenue estimates for DBRG’s current fiscal year. The highest revenue estimate was $627.3M, while the lowest revenue estimate was $358M, resulting in an average revenue estimate of $471.24M. In the same quarter a year ago, actual revenue was $1.5B, down -68.60% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $521.04M in the next fiscal year. The high estimate is $695.5M and the low estimate is $385M. The average revenue growth estimate for next year is up 10.60% from the average revenue estimate for this year.
