DigitalBridge Group - DBRG Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DigitalBridge Group in the last twelve months. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DBRG shares.
View DBRG analyst ratings or view top-rated stocks.

6 brokerages have issued 1-year target prices for DigitalBridge Group's stock. Their DBRG share price forecasts range from $17.00 to $29.00. On average, they expect the company's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 103.1% 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 start of the year. Since then, DBRG stock has decreased by 1.0% and is now trading at $10.83.
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DigitalBridge Group saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 8,620,000 shares, an increase of 15.5% from the February 13th total of 7,460,000 shares. Based on an average trading volume of 1,610,000 shares, the days-to-cover ratio is presently 5.4 days. Approximately 5.5% of the shares of the stock are sold short.
View DigitalBridge Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our DBRG earnings forecast.

DigitalBridge Group, Inc. (NYSE:DBRG) released its quarterly earnings results on Friday, February, 24th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.22. The business earned $301.90 million during the quarter, compared to analyst estimates of $294.67 million. DigitalBridge Group had a negative net margin of 28.11% and a negative trailing twelve-month return on equity of 3.27%. The firm's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.04) EPS.

DigitalBridge Group declared a quarterly dividend on Friday, February 17th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.01 per share on Monday, April 17th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for DBRG.

ETFs with the largest weight of DigitalBridge Group (NYSE:DBRG) stock in their portfolio include 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), Vanguard Real Estate ETF (VNQ) and SPDR Dow Jones Global Real Estate ETF (RWO).

DigitalBridge Group (NYSE:DBRG) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.39%.
Read our dividend analysis for DBRG.

DigitalBridge Group's stock reverse split 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 many different retail and institutional investors. Top institutional investors include T. Rowe Price Investment Management Inc. (3.60%), Avenir Corp (2.25%), Ranger Global Real Estate Advisors LLC (2.13%), Legion Partners Asset Management LLC (1.91%), Geode Capital Management LLC (1.87%) and Conversant Capital LLC (1.53%). 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 $10.83.

DigitalBridge Group (NYSE:DBRG) has a market capitalization of $1.73 billion and generates $1.14 billion in revenue each year. The company earns $-321,800,000.00 in net income (profit) each year or ($2.59) on an earnings per share basis.

The company employs 250 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.