Market Resilience: DigitalBridge Group Inc (DBRG) Finishes Strong/Weak at 17.161, Down -1.55

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

DigitalBridge Group Inc (NYSE: DBRG) closed the day trading at $17.16 down -1.55% from the previous closing price of $17.43. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 1.33 million shares were traded. DBRG stock price reached its highest trading level at $17.49 during the session, while it also had its lowest trading level at $17.08.

Ratios:

For a better understanding of DBRG, let’s look at 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 3029134848 and an Enterprise Value of 4373398016. As of this moment, DigitalBridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.15, and their Forward P/E ratio for the next fiscal year is 46.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 5.393 whereas that against EBITDA is 12.627.

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 -7.47%, while the 200-Day Moving Average is calculated to be -1.22%.

Shares Statistics:

Over the past 3-months, DBRG traded about 1.99M shares per day on average, while over the past 10 days, DBRG traded about 1602680 shares per day. A total of 163.21M shares are outstanding, with a floating share count of 161.45M. Insiders hold about 1.27% of the company’s shares, while institutions hold 93.79% stake in the company. Shares short for DBRG as of 1711584000 were 20238160 with a Short Ratio of 10.18, compared to 1709164800 on 21639341. Therefore, it implies a Short% of Shares Outstanding of 20238160 and a Short% of Float of 15.020000999999999.

Dividends & Splits

DBRG’s forward annual dividend rate is 0.04, up from 0.04 a year ago. Against a Trailing Annual Dividend Yield of 0.0022948938The stock’s 5-year Average Dividend Yield is 9.92.

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