DigitalBridge Group Inc (DBRG) recent activity suggests a positive outlook with the last week’s performance of -0.80%

On November 19, 2024, DigitalBridge Group Inc (NYSE: DBRG) opened at $12.47, lower -1.67% from the last session. During the day, the shares moved up to $12.58 and dropped to $12.16 before settling in for the closing price of $12.55. Price fluctuations for DBRG have ranged from $11.07 to $20.99 over the past 52 weeks.

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Annual sales at Real Estate sector company grew by 1.34% over the past five years. Company’s average yearly earnings per share was noted -68.10% at the time writing. With a float of $172.04 million, this company’s outstanding shares have now reached $174.19 million.

Let’s look at the performance matrix of the company that is accounted for 300 employees. In terms of profitability, gross margin is 96.12%, operating margin of 30.56%, and the pretax margin is 34.1%.

DigitalBridge Group Inc (DBRG) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Real Estate Services industry is another important factor to consider. The insider ownership of DigitalBridge Group Inc is 1.23%, while institutional ownership is 99.13%.

DigitalBridge Group Inc (DBRG) Latest Financial update

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.79 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.04) by 0.83. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -68.10% per share during the next fiscal year.

DigitalBridge Group Inc (NYSE: DBRG) Trading Performance Indicators

Check out the current performance indicators for DigitalBridge Group Inc (DBRG). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.58. Likewise, its price to free cash flow for the trailing twelve months is 78.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.76, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach -0.28 in one year’s time.

Technical Analysis of DigitalBridge Group Inc (DBRG)

DigitalBridge Group Inc (NYSE: DBRG) saw its 5-day average volume 2.65 million, a positive change from its year-to-date volume of 2.35 million. As of the previous 9 days, the stock’s Stochastic %D was 37.57%. Additionally, its Average True Range was 0.59.

During the past 100 days, DigitalBridge Group Inc’s (DBRG) raw stochastic average was set at 20.29%, which indicates a significant increase from 4.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.29% in the past 14 days, which was higher than the 47.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.40, while its 200-day Moving Average is $15.09. Nevertheless, the first resistance level for the watch stands at $12.56 in the near term. At $12.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.98. If the price goes on to break the first support level at $12.14, it is likely to go to the next support level at $11.94. The third support level lies at $11.72 if the price breaches the second support level.

DigitalBridge Group Inc (NYSE: DBRG) Key Stats

There are currently 174,188K shares outstanding in the company with a market cap of 2.30 billion. Presently, the company’s annual sales total 821,380 K according to its annual income of 185,280 K. Last quarter, the company’s sales amounted to 76,130 K and its income totaled 13,780 K.