DigitalBridge Group Inc. (NYSE:DBRG) traded at $7.93 at last check on Wednesday, January 12, made an upward move of 1.60% on its previous day’s price.
Looking at the stock we see that its previous close was $7.81 and the beta (5Y monthly) reads 1.95 with the day’s price range being $7.55 – $7.83. In terms of its 52-week price range, DBRG has a high of $8.69 and a low of $4.34. The company’s stock has lost about -2.98% over that past 30 days.
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DigitalBridge Group Inc. has a market cap of $3.99 billion and is expected to release its quarterly earnings report on Feb 21, 2022 – Feb 25, 2022. Estimates by analysts give the company expected earnings per share (EPS) of -$0.1, with the EPS growth for the year raised at -$0.87 for 2021 and -$0.15 for next year. These figures represent 85.00% and 82.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $248.86 million, with a low of $236.8 million and a high of $264.7 million. The median projection represents growth adding up to -26.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2021 is expected to hit $1.05 billion, or -15.40% down from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the DBRG stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is -0.99% off its SMA20 and 0.80% from its 50-day simple moving average. The RSI (14) is pointing at 50.26 while the volatility over the past week is 3.61% and jumps to 3.32% over the past one month. The beta value is 1.96, while the average true range (ATR) is currently pointing at 0.27.
Coming back to DigitalBridge Group Inc. (NYSE:DBRG), we note that the average 3-month trading volume was 4.20 million. Current shares outstanding are 566.81 million.
The insiders hold 0.30% of the company’s shares while institutions hold 86.60%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -6.24% down in year-to-date price movement.