DigitalBridge Group, Inc. (DBRG)

NYSE: DBRG · IEX Real-Time Price · USD
5.70
+0.16 (2.89%)
Aug 12, 2022 4:00 PM EDT - Market closed
2.89%
Market Cap 3.74B
Revenue (ttm) 1.05B
Net Income (ttm) -279.29M
Shares Out 656.42M
EPS (ttm) -0.74
PE Ratio n/a
Forward PE 83.33
Dividend n/a
Ex-Dividend Date n/a
Volume 3,782,734
Open 5.60
Previous Close 5.54
Day's Range 5.56 - 5.75
52-Week Range 4.49 - 8.55
Beta 1.80
Analysts Buy
Price Target 9.47 (+66.1%)
Earnings Date Aug 4, 2022

About DBRG

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. [Read more...]

Industry REIT-Diversified
IPO Date Sep 23, 2009
CEO Marc Ganzi
Employees 230
Stock Exchange NYSE
Ticker Symbol DBRG
Full Company Profile

Financial Performance

In 2021, DBRG's revenue was $965.80 million, an increase of 131.92% compared to the previous year's $416.43 million. Losses were -$310.10 million, -88.41% less than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for DBRG stock is "Buy." The 12-month stock price forecast is 9.47, which is an increase of 66.14% from the latest price.

Price Target
$9.47
(66.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

DigitalBridge (DBRG) Matches Q2 Earnings Estimates

DigitalBridge (DBRG) delivered earnings and revenue surprises of 0% and 1.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

DigitalBridge Announces Second Quarter 2022 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) and subsidiaries (collectively, “DigitalBridge,” or the “Company”) today announced financial results for the se...

DigitalBridge and Columbia Capital Launch Xenith IG Fiber Platform in Asia-Pacific

BOCA RATON, Fla. & ALEXANDRIA, Va.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Investment Management (“DigitalBridge”), the investment management arm of DigitalBridge Group, Inc., and funds affilia...

DigitalBridge to Participate in Upcoming Investor Industry Conferences in August 2022

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG) today announced that senior executives from the Company will participate in the following upc...

DigitalBridge to Sell Wildstone Having Achieved Significant Growth and Market Penetration

BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) today announced that funds affiliated with its investment management arm, DigitalBridge Investment Management (...

DigitalBridge Continues Asia-Pacific Expansion with Appointment of Tae Ahn as Head of Asia Capital Formation

BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”) today announced it has appointed Tae E. Ahn as Managing Director and Head of Asia Capital For...

7 Stocks to Sell Now

Not all stocks will benefit even if the markets turn around. These stocks to sell are likely to keep going lower, rather than rebounding.

Other symbols: CLNEGSITRVLPTRIPWOLF

DigitalBridge to Acquire Majority Stake in GD Towers in Partnership with Brookfield

BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) today announced that funds affiliated with its investment management arm (collectively, “DigitalBridge”) togeth...

Other symbols: BIP

DigitalBridge Publishes 2021 ESG Report

BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or the “Company”) today announced it has published its 2021 Environmental, Social and Governan...

DigitalBridge Announces Second Quarter 2022 Earnings Release and Conference Call Date

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) will conduct its quarterly earnings conference call and presentation to discuss the Second Quarter 2022 financial results on Thu...

DigitalBridge Announces $200 Million Share Repurchase Authorization

BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge” or “Company”) today announced that its Board of Directors has approved a $200 million share re...

DigitalBridge (DBRG) Soars 8.7%: Is Further Upside Left in the Stock?

DigitalBridge (DBRG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Databank Announces Major Recapitalization

New Investor Consortium to Acquire 27% Interest in DataBank Positioning it to Capture Edge Infrastructure Demand Over the Next Decade DALLAS , June 17, 2022 /PRNewswire/ -- DataBank, a leading provider ...

DigitalBridge Announces Recapitalization of DataBank

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”) today announced the recapitalization of its portfolio company DataBank, a leading nationwide edge data center ...

Why Switch Stock Soared 13% in May

The data center operator had a big month.

Other symbols: DLREQIXSWCH

DigitalBridge to Participate in Upcoming Investor and Industry Conferences in June 2022

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG) today announced that senior executives from the Company will participate in the following upc...

Cornerstone Partners with Freshwave to Deliver Mobile Connectivity Pilot to the City of London Corporation

LONDON--(BUSINESS WIRE)-- #4G--Freshwave is partnering with Cornerstone to deliver a mobile pilot to help future-proof the City of London Corporation's communication infrastructure.

Switch Stock pops on $11 Billion Acquisition Announcement

Switch Inc. ( SWCH , Financial) is a leading provider of data centers in the U.S. The company went public in 2017 at $20 per share, and the stock dropped to a low of just $6 per share by 2018 before goi...

Other symbols: SWCH

SHAREHOLDER ALERT: Weiss Law Investigates Switch, Inc.

NEW YORK , May 11, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Switch, Inc. ("Switch" or the "Company") (...

Other symbols: SWCH

Switch to be Taken Private by DigitalBridge Investment Management and IFM in $11 Billion Transaction

Switch Common Stockholders to Receive $34.25 Per Share in Cash Transaction Partners Switch with Preeminent Infrastructure Investment Consortium to Accelerate Company's Long-Term Vision for Growth Switch...

Other symbols: SWCH

DigitalBridge (DBRG) Reports Break-Even Earnings for Q1

DigitalBridge (DBRG) delivered earnings and revenue surprises of -100% and 4.72%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

DigitalBridge Announces First Quarter 2022 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) and subsidiaries (collectively, “DigitalBridge,” or the “Company”) today announced financial results for the first quarter ended...

DigitalBridge to Participate in Upcoming Investor and Industry Conferences in May 2022

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG) today announced that senior executives from the Company will participate in the following upc...

Liqid Secures Follow-on Investment from DigitalBridge Ventures and Blackwells Capital

BROOMFIELD, Colo.--(BUSINESS WIRE)-- #ArtificialIntelligence--Liqid, the world's leading software company delivering data center composability, today announced today the company has secured strategic fo...

DigitalBridge to Acquire AMP Capital's Global Infrastructure Equity Investment Management Business

BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG) today announced that an affiliate, DigitalBridge Investments, LLC (collectively “DigitalBridge”), has agreed to acquire AMP Capi...