DigitalBridge Group (DBRG) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DigitalBridge Group in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DBRG shares.
View DBRG analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 1 year target prices for DigitalBridge Group's shares. Their DBRG share price forecasts range from $17.00 to $29.00. On average, they predict the company's stock price to reach $21.44 in the next twelve months. This suggests a possible upside of 47.8% from the stock's current price.
View analysts price targets for DBRG or view top-rated stocks among Wall Street analysts.

DigitalBridge Group's stock was trading at $10.94 at the beginning of 2023. Since then, DBRG stock has increased by 32.5% and is now trading at $14.50.
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DigitalBridge Group saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 8,400,000 shares, an increase of 5.5% from the April 15th total of 7,960,000 shares. Based on an average trading volume of 1,690,000 shares, the short-interest ratio is currently 5.0 days. Currently, 5.3% of the company's shares are sold short.
View DigitalBridge Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our DBRG earnings forecast.

DigitalBridge Group, Inc. (NYSE:DBRG) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.10. The company had revenue of $250.16 million for the quarter, compared to analyst estimates of $297.44 million. DigitalBridge Group had a positive trailing twelve-month return on equity of 0.89% and a negative net margin of 24.01%. The company's revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business earned ($0.46) EPS.

DigitalBridge Group declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Friday, June 30th will be given a dividend of $0.01 per share on Monday, July 17th. This represents a $0.04 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, June 29th.
Read our dividend analysis for DBRG.

ETFs with the largest weight of DigitalBridge Group (NYSE:DBRG) stock in their portfolio include IQ CBRE NextGen Real Estate ETF (ROOF), Global X Data Center REITs & Digital Infrastructure ETF (VPN), Roundhill IO Digital Infrastructure ETF (BYTE), Invesco Raymond James SB-1 Equity ETF (RYJ), WisdomTree New Economy Real Estate Fund (WTRE), Defiance Next Gen Connectivity ETF (FIVG), Fidelity MSCI Real Estate Index ETF (FREL) and Vanguard Real Estate ETF (VNQ).

DigitalBridge Group (NYSE:DBRG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.29%.
Read our dividend analysis for DBRG.

Shares of DigitalBridge Group reverse split before market open on Tuesday, August 23rd 2022. The 1-4 reverse split was announced on Thursday, August 4th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 22nd 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

DigitalBridge Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "DBRG."

DigitalBridge Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (2.35%), Geode Capital Management LLC (1.95%), Legion Partners Asset Management LLC (1.94%), American Assets Capital Advisers LLC (1.18%), Charles Schwab Investment Management Inc. (0.88%) and Baupost Group LLC MA (0.77%). Insiders that own company stock include Jacky Wu, Landmark Dividend Llc, Liam Stewart, Marc C Ganzi and Sonia Kim.
View institutional ownership trends.

Shares of DBRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DBRG stock can currently be purchased for approximately $14.50.

DigitalBridge Group (NYSE:DBRG) has a market capitalization of $2.35 billion and generates $1.14 billion in revenue each year. The company earns $-321,800,000.00 in net income (profit) each year or ($2.09) on an earnings per share basis.

The company employs 300 workers across the globe.

DigitalBridge Group's mailing address is 750 PARK OF COMMERCE DRIVE SUITE 210, BOCA RATON FL, 33487. The official website for the company is www.clny.com. The company can be reached via phone at (561) 570-4644, via email at swhite@clny.com, or via fax at 212-593-5433.