DigitalBridge Group (NYSE:DBRG - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $93.01 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
DigitalBridge Group Stock Performance
Shares of DBRG stock traded down $0.06 during trading hours on Friday, reaching $10.18. The company had a trading volume of 1,415,546 shares, compared to its average volume of 2,239,170. The business has a fifty day moving average price of $11.13 and a 200-day moving average price of $12.68. DigitalBridge Group has a one year low of $10.15 and a one year high of $20.79. The firm has a market cap of $1.77 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 2.95 and a beta of 1.91.
Analyst Upgrades and Downgrades
DBRG has been the subject of a number of research analyst reports. Citizens Jmp upgraded shares of DigitalBridge Group to a "strong-buy" rating in a research note on Monday, January 27th. B. Riley dropped their price objective on shares of DigitalBridge Group from $24.00 to $20.00 and set a "buy" rating on the stock in a report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price objective on shares of DigitalBridge Group from $20.00 to $18.00 and set an "overweight" rating on the stock in a report on Tuesday, January 21st. Keefe, Bruyette & Woods downgraded shares of DigitalBridge Group from an "outperform" rating to a "market perform" rating and dropped their price objective for the stock from $17.75 to $14.00 in a report on Wednesday, November 6th. Finally, JMP Securities assumed coverage on shares of DigitalBridge Group in a report on Monday, January 27th. They issued an "outperform" rating and a $16.00 price objective on the stock. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $16.67.
Check Out Our Latest Analysis on DigitalBridge Group
DigitalBridge Group Company Profile
(
Get Free Report)
DigitalBridge is an infrastructure investment firm specializing in digital infrastructure assets. They provide services to institutional investors. They primarily invest in data centers, cell towers, fiber networks, small cells, and edge infrastructure. DigitalBridge Group, Inc was founded in 1991 and is headquartered in Boca Raton, Florida with additional offices in Los Angles, California, and New York New York.
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