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As of close of business last night, DigitalBridge Group Inc’s stock clocked out at $14.11, down -14.17% from its previous closing price of $16.44. In other words, the price has decreased by -$14.17 from its previous closing price. On the day, 11.49 million shares were traded. DBRG stock price reached its highest trading level at $15.4999 during the session, while it also had its lowest trading level at $13.79.
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 2452148736 and an Enterprise Value of 3924350976. As of this moment, DigitalBridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.15, and their Forward P/E ratio for the next fiscal year is 44.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 2.27. Its current Enterprise Value per Revenue stands at 4.527 whereas that against EBITDA is 14.93.
Stock Price History:
The Beta on a monthly basis for DBRG is 1.96, which has changed by 0.32116103 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -22.61%, while the 200-Day Moving Average is calculated to be -18.91%.
Shares Statistics:
It appears that DBRG traded 2.17M shares on average per day over the past three months and 3755940 shares per day over the past ten days. A total of 173.79M shares are outstanding, with a floating share count of 171.59M. Insiders hold about 1.27% of the company’s shares, while institutions hold 88.26% stake in the company. Shares short for DBRG as of 1713139200 were 20530980 with a Short Ratio of 9.47, compared to 1710460800 on 22505915. Therefore, it implies a Short% of Shares Outstanding of 20530980 and a Short% of Float of 15.129999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 0.03, DBRG has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.0018248174The stock’s 5-year Average Dividend Yield is 9.92. The current Payout Ratio is 5.21% for DBRG, which recently paid a dividend on 2024-03-27 with an ex-dividend date of 1711497600. Stock splits for the company last occurred on 2022-08-23 when the company split stock in a 1:4 ratio.
Earnings Estimates
The performance of DigitalBridge Group Inc (DBRG) in the stock market is under the watchful eye of 4.0 analysts actively contributing to its current rating.On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.15, while EPS last year was -$0.14. The consensus estimate for the next quarter is $0.05, with high estimates of $0.32 and low estimates of -$0.13.
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 5.0 analysts recommending between $0.82 and -$0.54.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $115.24M. It ranges from a high estimate of $149.7M to a low estimate of $89M. As of the current estimate, DigitalBridge Group Inc’s year-ago sales were $424.93MFor the next quarter, 6 analysts are estimating revenue of $118.75M. There is a high estimate of $153.3M for the next quarter, whereas the lowest estimate is $92M.
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 $1.5BBased 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.
