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The closing price of DigitalBridge Group Inc (NYSE: DBRG) was $17.29 for the day, down -1.37% from the previous closing price of $17.53. In other words, the price has decreased by -$1.37 from its previous closing price. On the day, 2.23 million shares were traded. DBRG stock price reached its highest trading level at $17.83 during the session, while it also had its lowest trading level at $17.29.
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.
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 2827485696 and an Enterprise Value of 4394649088. As of this moment, DigitalBridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.36, and their Forward P/E ratio for the next fiscal year is 46.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88 while its Price-to-Book (P/B) ratio in mrq is 2.78. Its current Enterprise Value per Revenue stands at 5.419 whereas that against EBITDA is 12.689.
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 -7.70%, while the 200-Day Moving Average is calculated to be -0.19%.
Shares Statistics:
DBRG traded an average of 2.04M shares per day over the past three months and 1472650 shares per day over the past ten days. 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 93.71% stake in the company. Shares short for DBRG as of 1711584000 were 20238160 with a Short Ratio of 9.94, 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
With its trailing 12-month dividend rate of 0.04, DBRG has a forward annual dividend rate of 0.04. The stock’s 5-year Average Dividend Yield is 9.92.
Earnings Estimates
Current recommendations for the stock of the company come from DigitalBridge Group, Inc. analysts. The consensus estimate for the next quarter is $8.10, with high estimates of $0.02 and low estimates of $0.00.
Analysts are recommending an EPS of between $Consumer Defensive and $Energy for the fiscal current year, implying an average EPS of $Healthcare.
