DigitalBridge Group (DBRG) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DigitalBridge Group in the last twelve months. There are currently 1 hold rating, 3 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.

5 Wall Street research analysts have issued twelve-month price targets for DigitalBridge Group's shares. Their DBRG share price forecasts range from $17.00 to $29.00. On average, they anticipate the company's share price to reach $22.00 in the next year. This suggests a possible upside of 71.3% 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 on January 1st, 2023. Since then, DBRG stock has increased by 17.4% and is now trading at $12.84.
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DigitalBridge Group saw a increase in short interest in 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 presently 5.0 days. Approximately 5.3% of the shares of the stock are short sold.
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) issued its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.10. The business earned $250.16 million during 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 business's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.46) earnings per share.

DigitalBridge Group announced 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 dividend yield of 0.31%. 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 0.32%.
Read our dividend analysis for DBRG.

Shares of DigitalBridge Group reverse split on the morning of 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 retail and institutional investors. Top institutional shareholders 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.
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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 $12.84.

DigitalBridge Group (NYSE:DBRG) has a market capitalization of $2.08 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 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.