DBRG Stock Recent News

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BOCA RATON, Fla.--(BUSINESS WIRE)-- #digitalbridge--DigitalBridge Group, Inc. (NYSE: DBRG) today announced it will release Third Quarter 2024 financial results before the market opens on Friday, November 1, 2024. The Company will conduct an earnings presentation and conference call to discuss the results, the same day at 8:00 a.m. ET. 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/.

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.

DigitalBridge grew its fee-earning equity under management to $32.7 billion as of the end of its fiscal 2024 second quarter. The asset manager is targeting capital formation of $7 billion for 2024 as second quarter fee revenue was up 20%. Fed rate cuts should spark higher investor activity, with progress on the capital formation target set to form a near-term catalyst for the commons.

WALL STREET VETERAN SHÁKA RASHEED JOINS MARCELO CLAURE AND PAUL JUDGE AS PART OF FIRM'S NEXT STAGE OF GROWTH ATLANTA , Sept. 17, 2024 /PRNewswire/ -- Open Opportunity Fund, a venture capital firm focused on investing in software companies founded by diverse entrepreneurs, today announced that Sháka Rasheed, financial services and technology executive, has joined the firm as General Partner, leading capital development and portfolio value creation.

The headline numbers for DigitalBridge (DBRG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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.

DigitalBridge (DBRG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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DENVER, & BOCA RATON, Fla., & MENLO PARK, Calif.--(BUSINESS WIRE)--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. The capital raise was significantly oversubscribed.