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DigitalBridge Group, Inc. Stock Research

DBRG

11.43USD+0.60(+5.54%)Market Closed

Market Summary

USD11.43+0.60
Market Closed
5.54%

DBRG Alerts

DBRG Stock Price

DBRG RSI Chart

DBRG Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-5.29

Price/Sales (Trailing)

1.49

EV/EBITDA

16.16

Price/Free Cashflow

6.49

DBRG Price/Sales (Trailing)

DBRG Profitability

EBT Margin

-35.63%

Return on Equity

-19.38%

Return on Assets

-2.92%

Free Cashflow Yield

15.41%

DBRG Fundamentals

DBRG Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

17.68%

Revenue Q/Q

1.5%

DBRG Earnings

Earnings (TTM)

-321.8M

Earnings Y/Y

89.29%

Earnings Q/Q

90.65%

Price Action

52 Week Range

4.4922.17
(Low)(High)

Last 7 days

4.2%

Last 30 days

-6.4%

Last 90 days

6.9%

Trailing 12 Months

62.6%

DBRG Financial Health

Debt/Equity

3.1

Debt/Cashflow

0.05

DBRG Investor Care

Dividend Yield

0.19%

Dividend/Share (TTM)

0.02

Shares Dilution (1Y)

33.71%

Diluted EPS (TTM)

-2.47

Financials for DigitalBridge Group

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.1%1,144,572,0001,099,348,0001,054,899,0001,002,677,000965,799,000
  S&GA Expenses4.0%123,184,000118,403,000117,427,000119,579,000109,490,000
EBITDA5.4%367,583,000348,686,000369,672,000328,511,000409,283,000
EBITDA Margin1.3%0.320.320.350.330.42
Earnings Before Taxes4.4%-407,826,000-426,468,000-375,937,000-391,525,000-317,361,000
EBT Margin8.1%-0.36-0.39-0.36-0.39-0.33
Interest Expenses-6.7%198,498,000212,786,000199,649,000191,199,000186,949,000
Net Income10.6%-321,797,000-360,072,000-249,627,000-350,809,000-350,542,000
Net Income Margin14.2%-0.28-0.33-0.24-0.35-0.36
Free Cahsflow0.4%262,582,000261,598,000210,644,000273,431,000248,237,000
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-6.1%11,02911,74111,87711,23214,198
    Cash Equivalents44.3%9186363371,1181,602
  Net PPE-11.2%15.0016.0018.0017.00-
  Goodwill0%761761761761761
Liabilities-8.2%6,4587,0367,2146,0708,926
  Long Term Debt-3.2%5,1565,3265,5405,1234,860
Shareholder's Equity0.4%1,6611,6554,5624,1232,147
  Retained Earnings-0.3%-6,962-6,941-6,875-6,838-6,576
  Additional Paid-In Capital0.3%7,8187,7937,6477,3567,821
Accumulated Depreciation10.1%24.0022.0021.0019.00-
Shares Outstanding5.5%162154142--
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations0.4%263262211273248
  Share Based Compensation-17.8%55.0067.0057.0059.0059.00
Cashflow From Investing-2.4%-1,913-1,868-2,407-947147
Cashflow From Financing-3.2%9249551,480871411
  Dividend PaymentsInfinity%2.000.00---
  Buy Backs-58.6%55.001330.00--

Risks for DBRG

What is the probability of a big loss on DBRG?

95.7%


Probability that DigitalBridge Group stock will be more than 20% underwater in next one year

64.4%


Probability that DigitalBridge Group stock will be more than 30% underwater in next one year.

56.9%


Probability that DigitalBridge Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DBRG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if DigitalBridge Group was unfortunately bought at previous high price.

Drawdowns

Returns for DBRG

Cumulative Returns on DBRG

75.6%


3-Year Cumulative Returns

Which funds bought or sold DBRG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
unchanged
-
-135,134
941,639
0.01%
2023-03-17
American Portfolios Advisors
sold off
-100
-30,798
-
-%
2023-03-17
American Portfolios Advisors
new
-
19,566
19,566
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
70.33
275,881
840,881
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-21,000
144,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-84.19
-4,163,260
667,745
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-11.05
-236,848
827,152
-%
2023-02-24
NATIXIS
sold off
-100
-1,389,000
-
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-1,157,000
-
-%
2023-02-21
CENTERSQUARE INVESTMENT MANAGEMENT LLC
unchanged
-
-105,550
738,450
0.01%

1–10 of 41

Latest Funds Activity

Are funds buying DBRG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DBRG
No. of Funds

DigitalBridge Group News

Nasdaq

Ex-Dividend Reminder: W.P. Carey, DigitalBridge Group and Park ....

Nasdaq,
5 hours ago

Seeking Alpha

It's Hard To Beat A Cell Tower REIT.

Seeking Alpha,
19 days ago

Mondaq News Alerts

Schedule 13G FIlings of DigitalBridge Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
5.2%
8,363,593
SC 13G/A
Feb 09, 2023
vanguard group inc
15.31%
24,459,059
SC 13G/A
Feb 03, 2023
blackrock inc.
6.8%
10,913,832
SC 13G
Nov 29, 2022
wafra inc.
9.8%
15,785,759
SC 13G/A
Oct 21, 2022
blackrock inc.
6.1%
10,039,234
SC 13G/A
Sep 08, 2022
blackrock inc.
0.0%
0
SC 13G
Jul 08, 2022
baupost group llc/ma
4.24%
25,824,072
SC 13G/A
Jun 09, 2022
baupost group llc/ma
5%
30,499,072
SC 13G/A
May 27, 2022
wafra inc.
12.4%
84,501,599
SC 13G
Feb 11, 2022
capital international investors
5.6%
28,570,127
SC 13G

DBRG Fair Value

DigitalBridge Group fair value in different scenarios

The table shows the Fair Value estimates for DigitalBridge Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

12.31

7.70%

15.45

35.17%

39.75

247.77%

61.38

437.01%

90.38

690.73%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical DigitalBridge Group Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of DigitalBridge Group

View All Filings
Date Filed Form Type Document
Mar 27, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
SC 13D/A
13D - Major Acquisition
Feb 27, 2023
10-K
Annual Report

Latest Insider Trading transactions for DBRG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-15
Jenkins Benjamin J.
acquired
-
-
65,200
president & cio
2023-03-15
Sanders Ronald M.
sold (taxes)
-230,851
11.71
-19,714
exec. vp - clo & secretary
2023-03-15
Sanders Ronald M.
acquired
-
-
68,786
exec. vp - clo & secretary
2023-03-15
Wu Jacky
sold (taxes)
-55,329
11.71
-4,725
cfo
2023-03-15
Wu Jacky
acquired
-
-
81,500
cfo
2023-03-15
Stewart Liam
sold (taxes)
-94,324
11.71
-8,055
chief operating officer
2023-03-15
Stewart Liam
acquired
-
-
65,200
chief operating officer
2023-03-15
Ganzi Marc C
sold (taxes)
-503,389
11.71
-42,988
ceo
2023-03-15
Ganzi Marc C
acquired
-
-
103,740
ceo
2023-03-15
Kim Sonia
sold (taxes)
-33,490
11.71
-2,860
chief accounting officer

1–10 of 44

Marc C. Ganzi
250
DigitalBridge Group, Inc. is a leading global digital infrastructure REIT and private equity firm. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem including towers, data centers, fiber, small cells, and edge infrastructure, the DigitalBridge team manages a $35 billion portfolio of digital infrastructure assets on behalf of its limited partners and shareholders. DigitalBridge Group, Inc., structured as a REIT, is headquartered in Boca Raton with key offices in Los Angeles, New York, London and Singapore. For more information on DigitalBridge, visit www.digitalbridge.com.

DBRG Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues   
Interest income$ 30,107$ 8,791$ 7,206
Total revenues1,144,572965,799416,430
Expenses   
Property operating expense389,445316,178119,834
Interest expense198,498186,949120,829
Investment expense33,88728,25713,551
Transaction-related costs10,1295,7815,282
Depreciation and amortization576,911539,695241,020
Impairment loss0025,079
Compensation expense—cash and equity-based245,257235,985176,152
Compensation expense—incentive fee and carried interest202,28665,8901,906
Administrative expenses123,184109,49078,766
Settlement loss005,090
Total expenses1,779,5971,488,225787,509
Other income (loss)   
Other losses, net(170,555)(21,412)(6,493)
Equity method earnings (losses)19,412127,270(273,288)
Equity method earnings—carried interest378,34299,20712,709
Loss from continuing operations before income taxes(407,826)(317,361)(638,151)
Income tax benefit (expense)(13,467)100,53847,063
Loss from continuing operations(421,293)(216,823)(591,088)
Loss from discontinued operations(148,704)(600,088)(3,199,322)
Net loss(569,997)(816,911)(3,790,410)
Net income (loss) attributable to noncontrolling interests:   
Redeemable noncontrolling interests(26,778)34,677616
Investment entities(189,053)(500,980)(812,547)
Operating Company(32,369)(40,511)(302,720)
Net loss attributable to DigitalBridge Group, Inc.(321,797)(310,097)(2,675,759)
Preferred stock repurchases/redemptions (Note 9)(1,098)4,9920
Preferred stock dividends61,56770,62775,023
Net loss attributable to common stockholders$ (382,266)$ (385,716)$ (2,750,782)
Loss per share—basic   
Loss from continuing operations per common share - basic (in dollars per share)$ (1.76)$ (1.21)$ (4.33)
Net loss attributable to common stockholders per common share - basic (in dollars per share)(2.47)(3.14)(23.25)
Loss per share—diluted   
Loss from continuing operations per common share - diluted (in dollars per share)(1.76)(1.21)(4.33)
Net loss attributable to common stockholders per common share - diluted (in dollars per share)$ (2.47)$ (3.14)$ (23.25)
Weighted average number of shares   
Basic (in shares)154,495122,864118,389
Diluted (in shares)154,495122,864118,389
Property operating income   
Revenues   
Income$ 927,506$ 762,750$ 312,928
Fee income   
Revenues   
Income172,673180,82683,355
Fee income | Affiliated Entity   
Revenues   
Income167,733170,92983,294
Other income   
Revenues   
Income14,28613,43212,941
Other income | Affiliated Entity   
Revenues   
Income$ 4,337$ 10,185$ 8,828

DBRG Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 918,254$ 1,602,102
Restricted cash118,48599,121
Real estate, net5,921,2984,972,284
Equity and debt investments ($506,081 and $201,912 at fair value)1,322,050935,153
Loans receivable (at fair value)137,945173,921
Goodwill761,368761,368
Deferred leasing costs and intangible assets, net1,092,1671,187,627
Other assets ($11,793 and $944 at fair value)654,050740,395
Due from affiliates45,36049,230
Assets held for disposition57,5263,676,615
Total assets11,028,50314,197,816
Liabilities  
Debt, net5,156,1404,860,402
Accrued and other liabilities ($183,628 and $37,970 at fair value)1,272,096943,801
Intangible liabilities, net29,82433,301
Liabilities related to assets held for disposition3803,088,699
Total liabilities6,458,4408,926,203
Commitments and contingencies (Note 19)
Redeemable noncontrolling interests100,574359,223
Stockholders’ equity:  
Preferred stock, $0.01 par value per share; $827,779 and $883,500 liquidation preference; 250,000 shares authorized; 33,111 and 35,340 shares issued and outstanding800,355854,232
Additional paid-in capital7,818,0687,820,807
Accumulated deficit(6,962,613)(6,576,180)
Accumulated other comprehensive income (loss)(1,509)42,383
Total stockholders’ equity1,660,6982,146,934
Noncontrolling interests in investment entities2,743,8962,653,173
Noncontrolling interests in Operating Company64,895112,283
Total equity4,469,4894,912,390
Total liabilities, redeemable noncontrolling interests and equity11,028,50314,197,816
Class A Common Stock  
Stockholders’ equity:  
Common stock, $0.04 par value per share6,3905,685
Class B Common Stock  
Stockholders’ equity:  
Common stock, $0.04 par value per share$ 7$ 7