Q1 EPS Estimates for DigitalBridge Group Reduced by B. Riley

DigitalBridge Group, Inc. (NYSE:DBRG - Free Report) - Investment analysts at B. Riley decreased their Q1 2025 earnings per share estimates for shares of DigitalBridge Group in a research report issued on Monday, April 21st. B. Riley analyst R. Binner now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their previous forecast of $0.04. B. Riley currently has a "Buy" rating and a $20.00 target price on the stock. The consensus estimate for DigitalBridge Group's current full-year earnings is $0.17 per share. B. Riley also issued estimates for DigitalBridge Group's Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.16 EPS and FY2026 earnings at $0.26 EPS.

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

A number of other equities analysts have also weighed in on DBRG. Citizens Jmp upgraded shares of DigitalBridge Group to a "strong-buy" rating in a research report on Monday, January 27th. Wells Fargo & Company lifted their price objective on shares of DigitalBridge Group from $15.00 to $16.00 and gave the company an "overweight" rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods dropped their target price on DigitalBridge Group from $14.00 to $13.50 and set a "market perform" rating on the stock in a research report on Wednesday, February 26th. JPMorgan Chase & Co. reduced their price target on DigitalBridge Group from $20.00 to $18.00 and set an "overweight" rating for the company in a research report on Tuesday, January 21st. Finally, Truist Financial dropped their price objective 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 equities 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $16.39.

DigitalBridge Group Trading Down 0.4 %

Shares of DBRG stock traded down $0.04 on Thursday, hitting $8.33. 763,965 shares of the stock were exchanged, compared to its average volume of 2,519,674. The firm's 50 day moving average is $9.13 and its two-hundred day moving average is $11.18. DigitalBridge Group has a one year low of $6.41 and a one year high of $17.33. The firm has a market capitalization of $1.45 billion, a PE ratio of 277.17, a P/E/G ratio of 3.46 and a beta of 1.68.

DigitalBridge Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.01 per share. The ex-dividend date was Monday, March 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.48%. DigitalBridge Group's dividend payout ratio (DPR) is presently 133.33%.

Institutional Investors Weigh In On DigitalBridge Group

Hedge funds have recently made changes to their positions in the business. Sunbelt Securities Inc. raised its holdings in DigitalBridge Group by 109.9% during the 4th quarter. Sunbelt Securities Inc. now owns 2,796 shares of the company's stock valued at $31,000 after buying an additional 1,464 shares during the last quarter. Spire Wealth Management purchased a new position in shares of DigitalBridge Group in the fourth quarter valued at about $37,000. Point72 Hong Kong Ltd bought a new position in shares of DigitalBridge Group during the fourth quarter valued at about $39,000. Manchester Capital Management LLC raised its stake in shares of DigitalBridge Group by 172.1% during the fourth quarter. Manchester Capital Management LLC now owns 4,372 shares of the company's stock valued at $49,000 after acquiring an additional 2,765 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of DigitalBridge Group by 978.9% during the first quarter. GAMMA Investing LLC now owns 4,445 shares of the company's stock worth $39,000 after purchasing an additional 4,033 shares during the period. 92.69% of the stock is currently owned by institutional investors.

DigitalBridge Group Company Profile

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.