TSE:GLXY

Galaxy Digital (GLXY) Stock Price, News & Analysis

C$13.00
+0.74 (+6.04%)
(As of 04/26/2024 ET)
Today's Range
C$12.19
C$13.09
50-Day Range
C$11.47
C$16.05
52-Week Range
C$4.07
C$16.29
Volume
645,729 shs
Average Volume
979,568 shs
Market Capitalization
C$1.42 billion
P/E Ratio
N/A
Dividend Yield
12.30%
Price Target
C$17.00

Galaxy Digital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.8% Upside
C$17.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of Galaxy Digital in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.56 out of 5 stars

GLXY stock logo

About Galaxy Digital Stock (TSE:GLXY)

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies. It also manages third party capital across traditional asset classes. In addition, the company offers financial advisory services, such as general corporate, strategic, mergers and acquisitions, divestitures, and restructuring advisory services, as well as equity, debt, and project finance capital markets services to public and private clients. Further, it has partnership with third-party data center providers and hosts its proprietary bitcoin mining equipment for helping to secure the Bitcoin network. Additionally, the company manages various portfolio of private investments across the digital assets industry, such as traditionally structured companies, as well as in those building digital asset networks powered and capitalized by tokens. Galaxy Digital Holdings Ltd. is headquartered in New York, New York.

GLXY Stock Price History

GLXY Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Galaxy Asset Management: March 2024 Month End AUM
Galaxy Digital in Roughly $100 Mln Stock Offering
If you have $2,500 bucks… check this out
This computer whiz has been averaging 234% per year with an undefeated strategy he calls… The “Income Glitch” And he’s been making out like a bandit with a 100% success rate on over 64 trade opportunities!
GLXY:CA Stock Price
Galaxy Asset Management: February 2024 Month End AUM
Galaxy Digital Holdings Ltd.
Galaxy Digital Holdings Ltd
See More Headlines
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Company Calendar

Today
4/27/2024
Next Earnings (Estimated)
5/07/2024

Industry, Sector and Symbol

Industry
Capital Markets
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
434
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$17.00
High Stock Price Target
C$17.00
Low Stock Price Target
C$17.00
Potential Upside/Downside
+30.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$-107,270,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
C$0.09 per share
Book Value
C$3.70 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.42 billion
Optionable
Not Optionable
Beta
3.18
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Key Executives

  • Mr. Michael D. Daffey (Age 57)
    Chairman of the Board & Senior Advisor
  • Mr. Michael Edward Novogratz (Age 59)
    Founder, CEO & Director
    Comp: $4.82k
  • Mr. Christopher C. Ferraro
    President & Chief Investment Officer
  • Mr. Alexander M. Ioffe (Age 56)
    Chief Financial Officer
    Comp: $1.17M
  • Ms. Erin Brown
    Chief Operating Officer
  • Mr. Damien Richard-Paul Vanderwilt (Age 46)
    Senior Advisor & Director
    Comp: $714.87k
  • Mr. Michael Ashe
    Head of Investment Banking
  • Jonathan Goldowsky
    Head of Investor Relations
  • Mr. Andrew Neal Siegel J.D. (Age 58)
    General Counsel & Chief Compliance Officer
  • Mr. Leon Marshall
    CEO of Galaxy Europe & Global Head of Sales

GLXY Stock Analysis - Frequently Asked Questions

Should I buy or sell Galaxy Digital stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Galaxy Digital in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GLXY shares.
View GLXY analyst ratings
or view top-rated stocks.

What is Galaxy Digital's stock price target for 2024?

1 brokerages have issued 1 year price targets for Galaxy Digital's stock. Their GLXY share price targets range from C$17.00 to C$17.00. On average, they anticipate the company's stock price to reach C$17.00 in the next twelve months. This suggests a possible upside of 30.8% from the stock's current price.
View analysts price targets for GLXY
or view top-rated stocks among Wall Street analysts.

How have GLXY shares performed in 2024?

Galaxy Digital's stock was trading at C$10.33 at the beginning of 2024. Since then, GLXY stock has increased by 25.8% and is now trading at C$13.00.
View the best growth stocks for 2024 here
.

When is Galaxy Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our GLXY earnings forecast
.

How do I buy shares of Galaxy Digital?

Shares of GLXY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:GLXY) was last updated on 4/28/2024 by MarketBeat.com Staff

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