B. Riley Lowers Earnings Projections for DigitalBridge Group

February 20, 2025 05:23 PM AEDT | By Team Kalkine Media

B. Riley Lowers Earnings Projections for DigitalBridge Group — Image source: Shutterstock

Analyst Forecasts and Ratings

Recent analyst reports indicate revisions to DigitalBridge Group's earnings estimates and price targets. Notably, B. Riley has revised its Q1 2025 earnings forecast from $0.04 to $0.03 per share. Despite the adjustment, the consensus remains optimistic about the company's potential, as evidenced by favorable ratings from multiple research entities. The stock has received several "buy" and "strong-buy" ratings, underscoring confidence in DigitalBridge Group's strategic direction.

Institutional Investment Activities

The trading behavior of institutional investors reveals diversified strategies concerning DigitalBridge Group. Recent filings show increased stakes by firms like Covestor Ltd and Summit Investment Advisors Inc., while other investors have reduced their holdings. This activity highlights ongoing interest and belief in the company's business model, amid evolving market conditions.

Stock Performance

DigitalBridge Group's stocks opened at $10.77, showcasing fluctuations influenced by changes in the economic landscape and corporate strategies. With a market cap of $1.88 billion, a price-to-earnings ratio of 14.75, and a PEG ratio of 2.75, the company is operating within dynamic market parameters. DigitalBridge Group has experienced a 12-month stock price range from a low of $10.04 to a high of $20.38.

DigitalBridge Group remains a significant player in the digital infrastructure space, actively engaging with institutional investors and analysts to align strategies with market expectations. The fluctuating analyst ratings and price targets are reflective of both current market conditions and the company's strategic initiatives. Institutional activity indicates sustained interest in the company's growth prospects, despite varied approaches to stock holdings.

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