Shares of DigitalBridge Group Inc (DBRG, Financial) surged 6.10% in mid-day trading on Oct 2. The stock reached an intraday high of $14.69, before settling at $14.60, up from its previous close of $13.76. This places DBRG 30.44% below its 52-week high of $20.99 and 31.89% above its 52-week low of $11.07. Trading volume was 992,960 shares, 38.2% of the average daily volume of 2,599,458. Wall Street Analysts Forecast Based on the one-year price targets offered by 9 analysts, the average target price for Digit ...

For asset managers, it's all about assets under management ("AUM"). The business model charges a fee for every $1 of fee-earning AUM, meaning revenue and profits get driven higher by scaling AUM every year. DigitalBridge (NYSE: The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend ticker ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-37980 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------- ...

For the quarter ended June 2024, DigitalBridge (DBRG) reported revenue of $390.34 million, down 8.1% over the same period last year. EPS came in at $0.11, compared to $0.06 in the year-ago quarter. The reported revenue represents a surprise of +302.20% over the Zacks Consensus Estimate of $97.05 million. With the consensus EPS estimate being $0.12, the EPS surprise was -8.33%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

DigitalBridge (DBRG) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.33%. A quarter ago, it was expected that this provider of asset management services to NorthStar Realty Finance Corp. Would post earnings of $0.10 per share when it actually produced earnings of $0.01, delivering ...

DigitalBridge Group, Inc. (NYSE:DBRG) Q2 2024 Earnings Conference Call August 1, 0000 8:30 AM ET Company Participants Severin White - Head of IR Marc Ganzi - Chief Executive Officer Tom Mayrhofer - Chief Financial Officer Conference Call Participants Ric Prentiss - Raymond James Richard Choe - JP Morgan Jade Rahmani - KBW Operator Good day and welcome to DigitalBridge Group, Inc Second Quarter 2024 Earnings Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentat ...

DIGITALBRIDGE 1 EARNINGS PRESENTATION 2Q 2024 August 7, 2024 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This presentation may contain forward-looking statements within the meaning of the federal securities laws, including statements relating to (i) our strategy, outlook and growth prospects, (ii) our operational and financial targets and (iii) general economic trends and trends in our industry and markets. Forward-looking statements relate to expectations, beliefs, projections, future plans a ...

DIGITALBRIDGE EARNINGS PRESENTATION 2Q 2024 August 7, 2024 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING S This presentation may contain forward-looking statements within the meaning of the federal securities laws, including statements relating to (i) our strategy, outlook and g financial targets and (ii)) general economic trends in our industry and markets. Forward-hoking statements relate to expectations, trencls and simillar expressions concerning matters that are not historical facts. In some cases, yo ...

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 transformativ ...

Ilija Erceg It makes little sense to chase yield when risk-free rates are over 5.0%. Yet, the chase appears to be on as far as we can tell. Yield investments are popping everywhere and feature some of the most imaginative, value -destructive, setups we have ever seen. The good news for investors in BrightSpire Capital, Inc. (NYSE:BRSP) is that it is definitely not a new product or company. This one has been around for some time, and we are extremely familiar with its original parent, Colony Capital. The par ...