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After finishing at $14.54 in the prior trading day, DigitalBridge Group Inc (NYSE: DBRG) closed at $14.70, up 1.10%. In other words, the price has increased by $1.10 from its previous closing price. On the day, 2.88 million shares were traded. DBRG stock price reached its highest trading level at $15.06 during the session, while it also had its lowest trading level at $14.49.
Ratios:
Our goal is to gain a better understanding of DBRG by taking a closer 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 2554683648 and an Enterprise Value of 4061200640. As of this moment, DigitalBridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.77, and their Forward P/E ratio for the next fiscal year is 46.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 4.685 whereas that against EBITDA is 15.45.
Stock Price History:
The Beta on a monthly basis for DBRG is 2.04, which has changed by 0.29474616 over the last 52 weeks, in comparison to a change of 0.22379243 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 -18.65%, while the 200-Day Moving Average is calculated to be -15.40%.
Shares Statistics:
The stock has traded on average 2.37M shares per day over the past 3-months and 3891740 shares per day over the last 10 days, according to various share statistics. A total of 173.79M shares are outstanding, with a floating share count of 171.54M. Insiders hold about 1.27% of the company’s shares, while institutions hold 88.39% stake in the company. Shares short for DBRG as of 1713139200 were 20530980 with a Short Ratio of 8.66, compared to 1710460800 on 22505915. Therefore, it implies a Short% of Shares Outstanding of 20530980 and a Short% of Float of 14.940000000000001.
Dividends & Splits
In the trailing 12 months, DBRG’s forward annual dividend rate was 0.04, compared to 0.04 this year. Against a Trailing Annual Dividend Yield of 0.0027510317The 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 current market rating for DigitalBridge Group Inc (DBRG) reflects the collective analysis of 4.0 analysts closely monitoring its performance.On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.08 and a low estimate of -$0.01, while EPS last year was -$0.14. The consensus estimate for the next quarter is $0.11, with high estimates of $0.32 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.1 and $0.03 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.46, with 5.0 analysts recommending between $0.82 and $0.12.
Revenue Estimates
7 analysts predict $108.24M in revenue for the current quarter. It ranges from a high estimate of $149.7M to a low estimate of $78.19M. As of the current estimate, DigitalBridge Group Inc’s year-ago sales were $424.93MFor the next quarter, 7 analysts are estimating revenue of $112.84M. There is a high estimate of $153.3M for the next quarter, whereas the lowest estimate is $83.42M.
A total of 7 analysts have provided revenue estimates for DBRG’s current fiscal year. The highest revenue estimate was $627.3M, while the lowest revenue estimate was $329M, resulting in an average revenue estimate of $446.05M. In the same quarter a year ago, actual revenue was $1.5BBased on 7 analysts’ estimates, the company’s revenue will be $504.27M in the next fiscal year. The high estimate is $695.5M and the low estimate is $345.6M.
