DigitalBridge Group, Inc. (NYSE:DBRG – Free Report) – Investment analysts at B. Riley increased their Q1 2025 earnings estimates for shares of DigitalBridge Group in a research report issued to clients and investors on Wednesday, February 26th. B. Riley analyst R. Binner now expects that the company will post earnings of $0.04 per share for the quarter, up from their previous estimate of $0.03. B. Riley currently has a “Buy” rating and a $20.00 target price on the stock. The consensus estimate for DigitalBridge Group’s current full-year earnings is $0.17 per share. B. Riley also issued estimates for DigitalBridge Group’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.04 EPS and FY2026 earnings at $0.16 EPS.
DigitalBridge Group (NYSE:DBRG – Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The business had revenue of $101.55 million during the quarter, compared to analysts’ expectations of $93.01 million. DigitalBridge Group had a net margin of 10.98% and a return on equity of 4.29%.
Get Our Latest Research Report on DBRG
DigitalBridge Group Stock Performance
DBRG opened at $10.88 on Monday. The business’s 50 day moving average price is $10.99 and its 200 day moving average price is $12.57. The stock has a market capitalization of $1.90 billion, a PE ratio of 362.50, a P/E/G ratio of 3.46 and a beta of 1.91. DigitalBridge Group has a one year low of $10.04 and a one year high of $19.49.
Institutional Investors Weigh In On DigitalBridge Group
A number of hedge funds have recently added to or reduced their stakes in DBRG. Frontier Capital Management Co. LLC increased its position in shares of DigitalBridge Group by 28.0% during the fourth quarter. Frontier Capital Management Co. LLC now owns 5,575,225 shares of the company’s stock worth $62,889,000 after acquiring an additional 1,218,901 shares during the period. Horizon Kinetics Asset Management LLC grew its stake in DigitalBridge Group by 868.9% during the 4th quarter. Horizon Kinetics Asset Management LLC now owns 4,483,340 shares of the company’s stock worth $50,572,000 after purchasing an additional 4,020,627 shares in the last quarter. State Street Corp increased its holdings in DigitalBridge Group by 12.0% during the 3rd quarter. State Street Corp now owns 4,427,379 shares of the company’s stock worth $62,603,000 after purchasing an additional 474,101 shares during the period. Geode Capital Management LLC raised its position in DigitalBridge Group by 8.3% in the 3rd quarter. Geode Capital Management LLC now owns 4,167,413 shares of the company’s stock valued at $58,895,000 after purchasing an additional 317,776 shares in the last quarter. Finally, New South Capital Management Inc. boosted its stake in shares of DigitalBridge Group by 2.9% in the 4th quarter. New South Capital Management Inc. now owns 4,055,232 shares of the company’s stock valued at $45,743,000 after buying an additional 115,029 shares during the period. 92.69% of the stock is currently owned by institutional investors and hedge funds.
DigitalBridge Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.37%. The ex-dividend date is Monday, March 31st. DigitalBridge Group’s payout ratio is currently 133.33%.
About DigitalBridge Group
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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