Colony Capital, Inc. (NYSE: CLNY) is a leading global investment firm with a heritage of identifying and capitalizing on key secular trends in real estate. The Company manages an approximately $47 billion portfolio of real assets on behalf of its shareholders and limited partners, including over $23 billion in digital real estate investments through Digital Colony, its digital infrastructure platform. Colony Capital, structured as a REIT, is headquartered in Los Angeles with key offices in Boca Raton, New York, and London, and has over 350 employees across 20 locations in 11 countries.
IPO Year: 2014
Exchange: NYSE
Website: clny.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/6/2023 | $27.00 | Buy | B. Riley Securities |
9/28/2023 | $19.00 → $25.00 | Neutral → Overweight | JP Morgan |
6/5/2023 | $12.50 → $17.50 | Mkt Perform → Outperform | Keefe Bruyette |
2/15/2023 | $18.00 | Buy | Deutsche Bank |
3/18/2022 | $7.00 | Underweight → Neutral | JP Morgan |
2/28/2022 | $10.00 → $9.50 | Strong Buy | Raymond James |
2/14/2022 | $7.00 | Underweight | JP Morgan |
12/16/2021 | $11.00 | Outperform | RBC Capital |
10/7/2021 | $8.50 → $9.00 | Outperform → Strong Buy | Raymond James |
8/10/2021 | $8.50 | Outperform | Raymond James |
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
3 - DigitalBridge Group, Inc. (0001679688) (Issuer)
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
3 - DigitalBridge Group, Inc. (0001679688) (Issuer)
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
4 - DigitalBridge Group, Inc. (0001679688) (Issuer)
DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE:DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge and its portfolio companies will participate in the following upcoming investor and industry events: September 9-11: IPEM – Paris, France Matt Evans, Managing Director, Head of Europe at DigitalBridge, will participate in a panel discussion, "Infrastructure & Real Assets" on Tuesday, September 10, 2024 at 2:30 pm CEST. Senior management executives from the firm will be conducting 1x1 meetings with investors at the conference. September 11: Goldman Sachs Communacop
DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE:DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced financial results for the second quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807213357/en/(Graphic: Business Wire) The earnings presentation is available at the following link, Q2 2024 Earnings Presentation. Second Quarter 2024 Conference Call The Company will conduct an earnings conference call and presentation to discuss the second quarter 2024 financial results today, Wednesday, August 7, 2024, at 5:00 p.m. Eastern Time (E
Agreement enables 186Kloud to provide Aptum's leading cloud solutions to customers in the region Aptum, a global infrastructure and cloud solutions provider specializing in technology consulting and managed services, today announced a strategic partnership with 186Kloud, a technology services distributor, to deliver innovative cloud services across the UK. This partnership combines Aptum's unique ability to deliver dedicated infrastructure and Azure, AWS and Google Cloud Platform (GCP) managed solutions with 186Kloud's deep industry knowledge to provide highly customized solutions to UK customers across various industries — including financial services, healthcare, retail and manufactur
DigitalBridge Group, Inc. (NYSE:DBRG) today announced it will release Second Quarter 2024 financial results after the market closes on Wednesday, August 7, 2024. The Company will conduct an earnings presentation and conference call to discuss the results the same day at 5:00 p.m. EDT. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710720263/en/(Graphic: Business Wire) The earnings presentation will be broadcast live over the internet and a webcast link can be accessed on the Shareholders section of the Company's website at ir.digitalbridge.com/events. To participate in the event by telephone, please dial (844) 826-3035 ten mi
The capital raise was significantly oversubscribed and led by investment vehicles managed by DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge") and Silver Lake.The investment highlights GiantLeap Capital's focus on growth equity in private and public special situations alongside leading global alternative asset managers and technology companies.NEW YORK, June 27, 2024 /PRNewswire/ -- GiantLeap Capital, a technology-focused private investment firm that partners with companies developing transformative technologies for critical industries announced today its investment in Vantage Data Centers, a leading global provider of hyperscale data center campuses, to support its growing North Ameri
Reflects $2.8 billion upsize in capital raise to support global hyperscalers in meeting unprecedented cloud and AI demand Total of $11 billion raised over past nine months to drive $30 billion in data center development Vantage Data Centers, a leading global provider of hyperscale data center campuses, has completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge"), the leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader in technology investing. This press release features multimedia. View the full release here: https://www.businesswire.
DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE:DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge will participate in the following upcoming investor and industry events: June 4-6: Datacloud Global Congress 2024 – Cannes, France Chris Moon, Managing Director of DigitalBridge Credit will be participating in a keynote panel, "How Are We Managing M&A Headwinds?" on Thursday, June 6, 2024 at 10:00 am CEST as well as the panel, "Datacloud Invest: Debate – How Are We Financing our Data Centers?" on the same day at 11:10 am CEST. Josh Joshi, Operating Partner at Digital
USA News Group News CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 16, 2024 /PRNewswire/ -- USA News Group News Commentary – Across the globe, the artificial intelligence (AI) data center revolution is already underway and rapidly gaining momentum. Responding to the AI industry's thirst for more data centers, private equity firms are rushing to build out the necessary infrastructure, but experts warn this thirst can't be satisfied. The rising data center demand also comes with heavier demand on electricity and mined metals such as copper. However, while new data centers are being built everywhere, several developers are improving things behind the scenes to make the
DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE:DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced financial results for the first quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430303105/en/DigitalBridge Reports First Quarter 2024 Financial Results (Graphic: Business Wire) The earnings presentation is available at the following link, Q1 2024 Presentation. First Quarter 2024 Conference Call The Company will conduct an earnings conference call and presentation to discuss the first quarter 2024 financial results today, Tuesday,
Transactions Further Simplify Corporate Balance Sheet DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge" or the "Company") today announced the exchanges and redemption of the remaining $78 million balance of its 5.75% Exchangeable Senior Notes due 2025 ("2025 Senior Notes"). The transactions resulted in the issuance of 8.2 million additional Class A common shares to exchanging noteholders, which have previously been included in the Company's calculation of its fully diluted share count, and a cash payment of $5 million to redeem the remaining outstanding principal balance of the 2025 Senior Notes following the exchanges. The Company has filed a prospectus supplement and a current re
N-PX - DigitalBridge Group, Inc. (0001679688) (Filer)
13F-HR - DigitalBridge Group, Inc. (0001679688) (Filer)
10-Q - DigitalBridge Group, Inc. (0001679688) (Filer)
8-K - DigitalBridge Group, Inc. (0001679688) (Filer)
8-K - DigitalBridge Group, Inc. (0001679688) (Filer)
13F-HR - DigitalBridge Group, Inc. (0001679688) (Filer)
10-Q - DigitalBridge Group, Inc. (0001679688) (Filer)
8-K - DigitalBridge Group, Inc. (0001679688) (Filer)
8-K - DigitalBridge Group, Inc. (0001679688) (Filer)
S-8 - DigitalBridge Group, Inc. (0001679688) (Filer)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G - DigitalBridge Group, Inc. (0001679688) (Subject)
SC 13G/A - DigitalBridge Group, Inc. (0001679688) (Subject)
DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE:DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced financial results for the second quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807213357/en/(Graphic: Business Wire) The earnings presentation is available at the following link, Q2 2024 Earnings Presentation. Second Quarter 2024 Conference Call The Company will conduct an earnings conference call and presentation to discuss the second quarter 2024 financial results today, Wednesday, August 7, 2024, at 5:00 p.m. Eastern Time (E
DigitalBridge Group, Inc. (NYSE:DBRG) today announced it will release Second Quarter 2024 financial results after the market closes on Wednesday, August 7, 2024. The Company will conduct an earnings presentation and conference call to discuss the results the same day at 5:00 p.m. EDT. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710720263/en/(Graphic: Business Wire) The earnings presentation will be broadcast live over the internet and a webcast link can be accessed on the Shareholders section of the Company's website at ir.digitalbridge.com/events. To participate in the event by telephone, please dial (844) 826-3035 ten mi
USA News Group News CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 16, 2024 /PRNewswire/ -- USA News Group News Commentary – Across the globe, the artificial intelligence (AI) data center revolution is already underway and rapidly gaining momentum. Responding to the AI industry's thirst for more data centers, private equity firms are rushing to build out the necessary infrastructure, but experts warn this thirst can't be satisfied. The rising data center demand also comes with heavier demand on electricity and mined metals such as copper. However, while new data centers are being built everywhere, several developers are improving things behind the scenes to make the
DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE:DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced financial results for the first quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240430303105/en/DigitalBridge Reports First Quarter 2024 Financial Results (Graphic: Business Wire) The earnings presentation is available at the following link, Q1 2024 Presentation. First Quarter 2024 Conference Call The Company will conduct an earnings conference call and presentation to discuss the first quarter 2024 financial results today, Tuesday,
DigitalBridge Group, Inc. (NYSE:DBRG) today announced it will release First Quarter 2024 financial results after the market closes on Tuesday, April 30, 2024. The Company will conduct an earnings presentation and conference call to discuss the results the same day at 5:00 p.m. EDT. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240410032004/en/DigitalBridge, Infrastructure Partner to the Digital Economy (Graphic: Business Wire) The earnings presentation will be broadcast live over the internet and a webcast link can be accessed on the Shareholders section of the Company's website at ir.digitalbridge.com/events. To participate in
DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge"), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") has completed the acquisition of a 40% stake in DigitalBridge portfolio company Landmark Dividend LLC ("Landmark"). The investment, previously announced on November 1, 2023, was completed alongside DigitalBridge-sponsored vehicles to support the continued expansion of Landmark's real estate and infrastructure growth platform. Tim Brazy, Chief Executive Officer at Landmark Dividend, said, "We are pleased to complete this important transaction. Our
DigitalBridge Group, Inc. (NYSE:DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced financial results for the fourth quarter and full year ending December 31, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240220316413/en/DigitalBridge Reports Fourth Quarter & Full Year 2023 Financial Results (Graphic: Business Wire) "We had a strong finish to 2023 with the best quarter in investment management fees and fee-related earnings since we assumed leadership at DigitalBridge. Following the successful deconsolidation of our Operating segment in the fourth quarter, tod
DigitalBridge Group, Inc. (NYSE:DBRG) today announced it will release Fourth Quarter & Full-Year 2023 financial results before the market opens on Tuesday, February 20, 2024. The Company will conduct an earnings presentation and conference call to discuss the results the same day at 8:00 a.m. ET. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240206122742/en/DigitalBridge. Accelerating the digital revolution. (Graphic: Business Wire) The earnings presentation will be broadcast live over the Internet and a webcast link can be accessed on the Shareholders section of the Company's website at ir.digitalbridge.com/events. To particip
Partners with DigitalBridge to Support the Next Phase of Landmark Dividend's Growth DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge") today announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") will acquire a 40% stake in Landmark Dividend LLC ("Landmark"), a leading acquirer and developer of real estate and infrastructure focused on the wireless communication, digital infrastructure, outdoor advertising, and renewable power industries. The investment includes a significant commitment from ADIA and DigitalBridge-sponsored vehicles to support the continued expansion of Landmark's growth platform. This press release features multimedia. View the full
DigitalBridge Group, Inc. (NYSE:DBRG) today issued a detailed presentation of its third quarter 2023 results, which can be viewed at https://ir.digitalbridge.com/financial-information/quarterly-results. DigitalBridge will host its third quarter 2023 investor conference call via public webcast today, November 1, 2023, at 10:00 a.m. ET. To register and listen to the call, please access a webcast link on the Shareholders section of the Company's website at ir.digitalbridge.com/events. For those unable to participate during the live call, a replay will be available on the Shareholders section of DigitalBridge's website at ir.digitalbridge.com/events starting November 1, 2023, at 3:00 p.m. E
B. Riley Securities resumed coverage of DigitalBridge with a rating of Buy and set a new price target of $27.00
JP Morgan upgraded DigitalBridge from Neutral to Overweight and set a new price target of $25.00 from $19.00 previously
Keefe Bruyette upgraded DigitalBridge from Mkt Perform to Outperform and set a new price target of $17.50 from $12.50 previously
Deutsche Bank initiated coverage of DigitalBridge with a rating of Buy and set a new price target of $18.00
JP Morgan upgraded DigitalBridge from Underweight to Neutral and set a new price target of $7.00
Raymond James reiterated coverage of DigitalBridge Group with a rating of Strong Buy and set a new price target of $9.50 from $10.00 previously
JP Morgan initiated coverage of DigitalBridge Group with a rating of Underweight and set a new price target of $7.00
RBC Capital initiated coverage of DigitalBridge Group with a rating of Outperform and set a new price target of $11.00
Raymond James upgraded DigitalBridge Group from Outperform to Strong Buy and set a new price target of $9.00 from $8.50 previously
Raymond James initiated coverage of DigitalBridge with a rating of Outperform and set a new price target of $8.50
Agreement enables 186Kloud to provide Aptum's leading cloud solutions to customers in the region Aptum, a global infrastructure and cloud solutions provider specializing in technology consulting and managed services, today announced a strategic partnership with 186Kloud, a technology services distributor, to deliver innovative cloud services across the UK. This partnership combines Aptum's unique ability to deliver dedicated infrastructure and Azure, AWS and Google Cloud Platform (GCP) managed solutions with 186Kloud's deep industry knowledge to provide highly customized solutions to UK customers across various industries — including financial services, healthcare, retail and manufactur
Leading Industry Executive Brings Significant Global Development and Management Expertise to Data Center Portfolio DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge"), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced that Christian Belady has been appointed as a Senior Advisor. In his role, Mr. Belady will provide strategic counsel to DigitalBridge in support of the continuing development of the firm's global data center portfolio, which is positioned to meet unprecedented demand driven by investment in cloud and AI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20
Thomas Mayrhofer Named Chief Financial Officer and Treasurer, Effective by Q2 2024 Jacky Wu to Continue to Serve as Chief Financial Officer Through Transition Period DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge" or the "Company") today announced an agreement with Thomas Mayrhofer to serve as the Company's Chief Financial Officer and Treasurer, effective by the second quarter of 2024. He will succeed Jacky Wu, who will continue in his role through the Company's 2023 reporting cycle. Mr. Mayrhofer will join DigitalBridge on January 8, 2024, and work with Mr. Wu and the DigitalBridge team during the first quarter of 2024 to ensure a smooth transition and complete the Company's pre
Charge Enterprises, Inc. (NASDAQ:CRGE) ("Charge" or the "Company"), announced today its Board of Directors has appointed Jacky Wu as an independent director, effective June 16, 2023. Mr. Wu's appointment expands the Board to ten members, six of whom are independent directors. Mr. Wu is currently the Executive Vice President and Chief Financial Officer of DigitalBridge Group, Inc., a global digital infrastructure investment firm (NYSE:DBRG). Prior to joining DigitalBridge, Mr. Wu was Executive Vice President and Chief Financial Officer of Driven Brands, Inc. (NASDAQ:DRVN), North America's largest automotive aftermarket platform. Prior to Driven Brands, Mr. Wu was Executive Vice President and
Experienced Infrastructure Executive Joins DigitalBridge's Growing Global Leadership Team DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge" or the "Company") today announced it has appointed Bernardo Vargas Gibsone as Managing Director, Head of Latin America. In this role, Mr. Vargas will oversee the growth of the Company's Latin American investment management business. Mr. Vargas is a seasoned infrastructure investor and operator, bringing more than three decades of relevant industry experience and transaction expertise to DigitalBridge. He most recently served as Chief Executive Officer of Interconexion Electrica S.A. E.S.P. (ISA Group), a $12 billion publicly traded, diversified i
Adds Significant Regional Fundraising and Client Support Capabilities to DigitalBridge's Platform DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge") today announced it has appointed Tae E. Ahn as Managing Director and Head of Asia Capital Formation at DigitalBridge Investment Management, effective immediately. Based in Singapore, he will work alongside DigitalBridge's existing team with a focus on capital formation, coinvestment and client relationship management across Asia-Pacific. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220718005670/en/Tae Ahn - DigitalBridge (Photo: Business Wire) Mr. Ahn brings more than 15 year
DigitalBridge Ventures leads latest round of funding to fuel expansion of worldwide sales, R&D, and channel development Funding to drive further scale in the enterprise 5G networking opportunity CUPERTINO, Calif., March 28, 2022 (GLOBE NEWSWIRE) -- Celona, the first enterprise networking company to bridge the gap between LTE/5G cellular wireless and enterprise IT infrastructures, announced today that it has closed a $60 million Series C financing round led by DigitalBridge Ventures, the Venture Capital initiative of DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge"). Additionally, Celona has further strengthened its executive leadership team with the recent appointment of Robert Mu
Adelstein Brings Decades of Digital Infrastructure Policy Expertise to DigitalBridge's Investment Team DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge") today announced the appointment of Jonathan S. Adelstein as Managing Director and Head of Global Policy and Public Investment. Mr. Adelstein brings 35 years of national public leadership to DigitalBridge, including 24 years of dedicated telecom expertise. He joins DigitalBridge from the Wireless Infrastructure Association (WIA), the principal organization representing companies that build, design, own and manage telecommunications infrastructure around the world, where he has served as the President and CEO since 2012. Mr. Adelstein
Brings Strong Track Record of Successfully Executing Transactions in the Digital Infrastructure Sector DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge" or the "Company") today announced the appointment, effective as of mid November, of Matthew Evans as Managing Director, Head of Europe, overseeing the growth of the Company's European investment management business. Mr. Evans is a highly experienced global infrastructure investor, bringing more than two decades of relevant industry and transaction expertise to DigitalBridge. During his nine-year tenure at AMP Capital, he was responsible for all investments in the digital infrastructure sector and successfully led the acquisitions of
DigitalBridge Group, Inc. (NYSE:DBRG) ("DigitalBridge" or the "Company") today announced the appointment of Peter Hopper as Managing Director, DigitalBridge Investment Management. Mr. Hopper brings more than two decades of dealmaking and transaction experience in digital infrastructure to DigitalBridge. He previously co-founded and served as CEO of DH Capital, an industry-focused investment bank that provides capital placement, mergers and acquisition and direct investment services for growing internet infrastructure and SaaS businesses across the digital ecosystem. In this new role, he will work alongside the existing investment team with a focus on strategic assets in the data center an
Analysts' ratings for DigitalBridge Gr (NYSE:DBRG) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 3 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 2 0 0 0 2M Ago 1 0 0 0 0 3M Ago 1 1 0 0 0 Analysts have recently evaluated DigitalBridge Gr and provided 12-month price targets. The average target is $20.25, accompanied by a high estimate of $24.00 and a low estimate of $17.00. This current average represents a 7.0
B. Riley Securities analyst Daniel Day maintains DigitalBridge Gr (NYSE:DBRG) with a Buy and lowers the price target from $27 to $24.
RBC Capital analyst Jonathan Atkin reiterates DigitalBridge Gr (NYSE:DBRG) with a Outperform and maintains $19 price target.
Deutsche Bank analyst Matthew Niknam reinstates DigitalBridge Gr (NYSE:DBRG) with a Buy and lowers the price target from $21 to $17.
DigitalBridge Gr (NYSE:DBRG) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 1 0 0 0 3M Ago 1 0 0 0 0 Analysts have set 12-month price targets for DigitalBridge Gr, revealing an average target of $20.44, a high estimate of $23.00, and a low estimate of $17.75. A decline of 4.4% from the prior average price target is evident in t
Keefe, Bruyette & Woods analyst Jade Rahmani maintains DigitalBridge Gr (NYSE:DBRG) with a Outperform and lowers the price target from $18.5 to $17.75.
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. CoStar Group Inc (NASDAQ:CSGP) On April 23, CoStar Group reported better-than-expected first-quarter financial results.. The
In the preceding three months, 4 analysts have released ratings for DigitalBridge Gr (NYSE:DBRG), presenting a wide array of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $21.5, with a high estimate of $23.00 and a low estimate of $19.00. Experiencing a 1.15% decline, the
Truist Securities analyst Anthony Hau maintains DigitalBridge Gr (NYSE:DBRG) with a Buy and lowers the price target from $22 to $19.
Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) fell sharply during Wednesday's session as the company reported first-quarter results and issued revenue guidance for the second quarter. AMD guided to second-quarter revenue of $5.7 billion plus or minus $300 million and a non-GAAP gross margin of about 53% against Street estimates of $5.7 billion in second-quarter revenue. Street expectations for fiscal year 2024 are for earnings of $3.40 per share and revenue of $24.13 billion, respectively, according to data from Benzinga Pro. Advanced Micro Devices shares dipped 6.9% to $147.44 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers CytomX Th