Streetbeat News

DBRG

DigitalBridge Group, Inc.

https://www.digitalbridge.com

Industry

REIT - Diversified

DigitalBridge (NYSE: DBRG) is an infrastructure investment firm. It specializes in investing and operating businesses across the digital ecosystem including cell towers, data centers, fiber, small cells, edge infrastructure, digital infrastructure and real estate. DigitalBridge Group, Inc. was founded in 2009 and is headquartered in Boca Raton, Florida with additional offices in Los Angeles, California; New York, New York; Boston, Massachusetts; Denver, Colorado; London, United Kingdom; Senningerberg, Luxembourg and Singapore.

Open

12.73

Mkt cap

2.2B

Volume

898K

High

12.91

P/E Ratio

13.88

52-wk high

20.99

Low

12.56

Div yield

0.00

52-wk low

11.07

DigitalBridge shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:49 pm

Raymond James analyst Ric Prentiss maintains a Strong Buy rating on DigitalBridge Group (NYSE: DBRG) but lowers the price target from $22 to $19.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:46 pm

DigitalBridge Group (NYSE: DBRG) reported Q2 2024 adjusted EPS of $0.11, missing the $0.12 estimate. Sales were $390.336M, down 8.14% YoY from $424.933M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:42 pm

Analysts have provided mixed ratings for DigitalBridge Group (NYSE: DBRG) over the past three months, with a combination of bullish and somewhat bullish perspectives. The average 12-month price target has decreased by 10.02% to $19.12. Several analysts have lowered their price targets, reflecting changes in market conditions and company performance.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:00 pm

Wells Fargo analyst Eric Luebchow maintains an Overweight rating on DigitalBridge Group (NYSE:DBRG) but lowers the price target from $20 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:11 pm

RBC Capital analyst Jonathan Atkin has reiterated an Outperform rating on DigitalBridge Group (NYSE: DBRG) and maintained a price target of $19.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 1:44 pm

Deutsche Bank analyst Matthew Niknam has reinstated a Buy rating on DigitalBridge Group (NYSE:DBRG) but has lowered the price target from $21 to $17.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:07 pm

DigitalBridge Group Inc (NYSE: DBRG) has been analyzed by four analysts over the last quarter, showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $20.44, with a high of $23.00 and a low of $17.75. Recent financial performance shows significant revenue growth but challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 12:00 pm

Keefe, Bruyette & Woods analyst Jade Rahmani maintains an Outperform rating on DigitalBridge Group (NYSE: DBRG) but lowers the price target from $18.5 to $17.75.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:37 am

The article highlights three oversold real estate stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are CoStar Group Inc (CSGP), DigitalBridge Group Inc (DBRG), and RLJ Lodging Trust (RLJ).

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 12:04 pm

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