As of close of business last night, DigitalBridge Group Inc’s stock clocked out at $18.04, down -0.61% from its previous closing price of $18.15. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 1627410 shares were traded. DBRG stock price reached its highest trading level at $18.41 during the session, while it also had its lowest trading level at $17.95.
Ratios:
To gain a deeper understanding of DBRG’s stock, we examine its different 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 2.95B and an Enterprise Value of 3.82B. As of this moment, DigitalBridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 4.65 whereas that against EBITDA is 4.35.
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 $9.99. The 50-Day Moving Average of the stock is 18.73, while the 200-Day Moving Average is calculated to be 16.55.
Shares Statistics:
It appears that DBRG traded 2.07M shares on average per day over the past three months and 2.12M shares per day over the past ten days. A total of 163.21M shares are outstanding, with a floating share count of 161.73M. Insiders hold about 1.06% of the company’s shares, while institutions hold 93.99% stake in the company. Shares short for DBRG as of Feb 15, 2024 were 17.88M with a Short Ratio of 8.63, compared to 16.36M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.95% and a Short% of Float of 13.49%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, DBRG has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.22%, it implies a Forward Annual Dividend Yield of 0.22%. The stock’s 5-year Average Dividend Yield is 9.92.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.18, while EPS last year was -$1.34. The consensus estimate for the next quarter is -$0.06, with high estimates of $0.02 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.02 and -$0.61 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is $0.13, with 3 analysts recommending between $0.82 and -$0.54.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $104.53M. It ranges from a high estimate of $135.65M 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 -58.20% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $107.85M, a decrease of -74.60% less than the figure of -$58.20% in the same quarter last year. There is a high estimate of $139.45M for the next quarter, whereas the lowest estimate is $89M.
A total of 4 analysts have provided revenue estimates for DBRG’s current fiscal year. The highest revenue estimate was $565.4M, while the lowest revenue estimate was $358M, resulting in an average revenue estimate of $436.96M. In the same quarter a year ago, actual revenue was $1.5B, down -70.90% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $477.01M in the next fiscal year. The high estimate is $657.6M and the low estimate is $385M. The average revenue growth estimate for next year is up 9.20% from the average revenue estimate for this year.
