The growth track for DigitalBridge Group Inc (DBRG) has changed recently

With 1.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.13 million shares. The 52-week range on DBRG shows that it touched its highest point at $20.99 and its lowest point at $10.20 during that stretch. It currently has a 1-year price target of $22.50. With its current market cap of 3.09 billion, DBRG has annualized dividend of $0.04 while the current yield stands at 0.21%. Beta for the stock currently stands at 1.93.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DBRG was up-trending over the past week, with a rise of 1.94%, but this was up by 4.71% over a month. Three-month performance surged to 11.11% while six-month performance rose 10.92%. The stock gained 74.52% in the past year, while it has gained 7.75% so far this year. A look at the trailing 12-month EPS for DBRG yields 0.61 with Next year EPS estimates of 0.34. For the next quarter, that number is 0.00. This implies an EPS growth rate of -55.71% for this year and 5.15% for next year.

Float and Shares Shorts:

At present, 163.21 million DBRG shares are outstanding with a float of 161.48 million shares on hand for trading. On Feb 29, 2024, short shares totaled 21.64 million, which was 13.24% higher than short shares on Jan 31, 2024. In addition to Mr. Marc Christopher Ganzi as the firm’s CEO & Director, Mr. Benjamin J. Jenkins serves as its President & Chief Investment Officer.

Institutional Ownership:

Through their ownership of 94.81% of DBRG’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DBRG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.