DigitalBridge Group (DBRG) Expected to Announce Quarterly Earnings on Thursday

DigitalBridge Group (NYSE:DBRG - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect DigitalBridge Group to post earnings of $0.09 per share and revenue of $101.71 million for the quarter.

DigitalBridge Group (NYSE:DBRG - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.03. The firm had revenue of $101.55 million for the quarter, compared to analyst estimates of $93.01 million. DigitalBridge Group had a return on equity of 4.29% and a net margin of 10.98%. On average, analysts expect DigitalBridge Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

DigitalBridge Group Trading Down 0.7 %

Shares of NYSE:DBRG traded down $0.06 during trading on Tuesday, hitting $8.30. 2,161,294 shares of the company were exchanged, compared to its average volume of 2,526,111. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 276.67, a P/E/G ratio of 3.46 and a beta of 1.68. DigitalBridge Group has a fifty-two week low of $6.41 and a fifty-two week high of $17.33. The firm has a fifty day moving average price of $9.05 and a two-hundred day moving average price of $11.16.

DigitalBridge Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date was Monday, March 31st. DigitalBridge Group's payout ratio is presently 133.33%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DBRG shares. B. Riley decreased their target price on DigitalBridge Group from $24.00 to $20.00 and set a "buy" rating on the stock in a report on Tuesday, January 7th. Keefe, Bruyette & Woods decreased their target price on DigitalBridge Group from $14.00 to $13.50 and set a "market perform" rating on the stock in a report on Wednesday, February 26th. JPMorgan Chase & Co. decreased their target price on DigitalBridge Group from $20.00 to $18.00 and set an "overweight" rating on the stock in a report on Tuesday, January 21st. Wells Fargo & Company boosted their target price on DigitalBridge Group from $15.00 to $16.00 and gave the stock an "overweight" rating in a report on Monday, February 24th. Finally, Truist Financial decreased their target price on DigitalBridge Group from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Tuesday, March 25th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $16.39.

About DigitalBridge Group

DigitalBridge is an infrastructure investment firm specializing in digital infrastructure assets. They provide services to institutional investors. They primarily invest in data centers, cell towers, fiber networks, small cells, and edge infrastructure. DigitalBridge Group, Inc was founded in 1991 and is headquartered in Boca Raton, Florida with additional offices in Los Angles, California, and New York New York.