DigitalBridge Group (NYSE:DBRG – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, April 30th. Analysts expect DigitalBridge Group to post earnings of $0.10 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
DigitalBridge Group (NYSE:DBRG – Get Free Report) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.06. DigitalBridge Group had a return on equity of 2.39% and a net margin of 12.33%. The firm had revenue of $350.31 million for the quarter, compared to analysts’ expectations of $287.41 million. On average, analysts expect DigitalBridge Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
DigitalBridge Group Stock Down 1.0 %
DBRG stock opened at $17.13 on Tuesday. DigitalBridge Group has a twelve month low of $10.20 and a twelve month high of $20.99. The stock has a market cap of $2.80 billion, a P/E ratio of 34.96 and a beta of 1.91. The business’s 50-day moving average price is $18.57 and its 200-day moving average price is $17.74.
DigitalBridge Group Announces Dividend
Analysts Set New Price Targets
Separately, Truist Financial lifted their price objective on DigitalBridge Group from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $22.08.
Get Our Latest Analysis on DigitalBridge Group
DigitalBridge Group Company Profile
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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