The closing price of DigitalBridge Group Inc (NYSE: DBRG) was $18.05 for the day, down -5.25% from the previous closing price of $19.05. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 2763870 shares were traded.
Ratios:
Our analysis of DBRG’s different ratios will help us gain a deeper understanding of the company. 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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 01 when DigitalBridge Group, Inc. sold 34,911,944 shares for $6.00 per share. The transaction valued at 209,471,664 led to the insider holds 79,001 shares of the business.
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 29.61. 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 2.54 whereas that against EBITDA is 5.41.
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 $9.99. The 50-Day Moving Average of the stock is 18.55, while the 200-Day Moving Average is calculated to be 16.25.
Shares Statistics:
DBRG traded an average of 1.99M shares per day over the past three months and 2.91M shares per day over the past ten days. A total of 163.21M shares are outstanding, with a floating share count of 161.67M. Insiders hold about 1.06% of the company’s shares, while institutions hold 94.51% stake in the company. Shares short for DBRG as of Jan 31, 2024 were 17.66M with a Short Ratio of 8.89, compared to 16.52M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 10.80% and a Short% of Float of 13.32%.
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 0.21%, it implies a Forward Annual Dividend Yield of 0.22%. The stock’s 5-year Average Dividend Yield is 9.92.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of $0.11 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 $0.17 and low estimates of -$0.15.
Analysts are recommending an EPS of between $1.25 and -$0.61 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.33, with 5 analysts recommending between $0.98 and -$0.54.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $243M 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 -48.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $135.02M, a decrease of -68.20% less than the figure of -$48.50% in the same quarter last year. There is a high estimate of $251M for the next quarter, whereas the lowest estimate is $89M.
A total of 7 analysts have provided revenue estimates for DBRG’s current fiscal year. The highest revenue estimate was $1.08B, while the lowest revenue estimate was $358M, resulting in an average revenue estimate of $621.25M. In the same quarter a year ago, actual revenue was $1.5B, down -58.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $610.64M in the next fiscal year. The high estimate is $1.2B and the low estimate is $385M. The average revenue growth estimate for next year is down -1.70% from the average revenue estimate for this year.
