STOCK TITAN

DigitalBridge Group, Inc. - DBRG STOCK NEWS

Welcome to our dedicated page for DigitalBridge Group news (Ticker: DBRG), a resource for investors and traders seeking the latest updates and insights on DigitalBridge Group stock.

DigitalBridge Group, Inc. (symbol: DBRG) is a preeminent global developer and alternative asset manager focused on digital infrastructure investments. The company's mission is to provide essential capital and operational expertise for businesses across the digital ecosystem. DigitalBridge's platform spans a comprehensive array of digital infrastructure assets, including cell towers, data centers, fiber networks, small cells, and edge infrastructure.

One of the core strengths of DigitalBridge is its ability to turn real-world environments into precise digital models using advanced computer vision technology. This innovative platform allows users to take a picture of a room and automatically recognize its walls, floors, ceiling, objects, and lighting conditions. Customers can then visualize new wall and floor decorations, as well as furnishings, within their actual rooms. This process enhances interior design planning without needing any in-room markers.

The company has demonstrated a solid track record of success through strategic investments and partnerships. DigitalBridge's recent collaborations with industry leaders, such as Intel and Vantage Data Centers, highlight its role in the ongoing evolution of digital infrastructure. These partnerships aim to support the development of cutting-edge technologies and improve the resilience and efficiency of digital networks globally.

Financially, DigitalBridge is positioned robustly within the market, attracting significant investor interest due to its focus on high-growth sectors. The company's active involvement in transformative projects ensures a substantial positive impact on the digital economy. DigitalBridge continues to innovate and expand its portfolio, maintaining a strong commitment to driving growth and value for its stakeholders.

Through its integrated approach, the company delivers operational excellence and sustainable returns. Whether investing in formidable data centers or enhancing mobile connectivity with small cells, DigitalBridge remains at the forefront of the digital infrastructure landscape.

Rhea-AI Summary

Connectbase has successfully raised $21 million in its Series C funding round, led by DigitalBridge Ventures, part of DigitalBridge Group (NYSE: DBRG). The funding aims to improve platform capabilities and expand global digital services, driven by the growing demand for bandwidth. Existing investors, including Ascent Venture Partners and Harbert Growth Partners, also participated. Connectbase, serving 28 of the top 30 U.S. network operators, aims to automate connectivity processes and enhance user experience with new features and workforce growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.24%
Tags
none
-
Rhea-AI Summary

DigitalBridge Group (NYSE: DBRG) will participate in several investor conferences in October 2022. Notably, from October 12-13, CFO Jacky Wu will join the M&A panel at the Houlihan Lokey Global Tech Conference in New York. The company will also attend the Capacity Europe 2022 conference in London, where Chris Moon and Warren Roll will speak on key topics from October 17-20. Lastly, CEO Marc Ganzi will be featured at the McKinsey & Company Global Infrastructure Initiative Summit in Tokyo on October 19-20.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
Tags
conferences
-
Rhea-AI Summary

DigitalBridge Group, Inc. (NYSE: DBRG) will announce its Q3 2022 financial results on November 4, 2022, at 10:00 a.m. ET. A conference call will follow the release, allowing investors to discuss the results live. The earnings presentation will be accessible on the company’s investor relations website. DigitalBridge, with a $48 billion portfolio, specializes in digital infrastructure, managing assets across cell towers, data centers, and more.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.69%
Tags
Rhea-AI Summary

DigitalBridge Group (NYSE: DBRG) has reinstated its quarterly cash dividend at $0.01 per share, payable on October 17, 2022 to shareholders of record by September 30, 2022. CEO Marc Ganzi emphasized that this move reflects the company's strengthened cash flow profile and improved long-term earnings potential, while also enhancing total shareholder returns. DigitalBridge manages a substantial $48 billion portfolio of digital infrastructure assets, underscoring its commitment to growth alongside returning value to shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
dividends
-
Rhea-AI Summary

DigitalBridge Group, Inc. (NYSE: DBRG) has appointed Bernardo Vargas Gibsone as Managing Director, Head of Latin America. With over 30 years of experience in infrastructure investment, Vargas previously served as CEO of ISA Group, achieving significant growth and a fivefold increase in share price. His role will focus on expanding DigitalBridge’s investment management in Latin America and enhancing existing investments. CEO Marc Ganzi emphasized the importance of Vargas's leadership in executing the company's growth strategy in this key region.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.46%
Tags
management
-
Rhea-AI Summary

DigitalBridge Group (NYSE: DBRG) will participate in key investor and industry conferences from September 9 to September 30. Notable appearances include Marc Ganzi speaking at the Goldman Sachs Communacopia & Technology Conference on September 13 at 3:45 pm PT, and the Deutsche Bank Leveraged Finance Conference on September 20 at 10:40 am MT. Other executives will conduct 1x1 meetings with investors. DigitalBridge, a leader in digital infrastructure management, oversees a $48 billion portfolio and has offices in multiple global cities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
conferences
Rhea-AI Summary

DataBank has successfully closed its initial recapitalization, with a consortium led by Swiss Life and EDF Invest acquiring a 35% interest for approximately $1.5B. This consortium includes other investors like Northleaf Capital Partners and Ardian. The partnership positions DataBank for significant growth in edge infrastructure and is expected to enhance its operational capabilities across U.S. markets, leveraging its extensive data center presence.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
none
-
Rhea-AI Summary

DigitalBridge Group (NYSE: DBRG) has successfully closed the initial phase of its recapitalization of DataBank, raising approximately $1.5 billion from new investors, surpassing earlier estimates of $1.2 billion. This sale results in DigitalBridge's ownership stake in DataBank reducing to 13.4%, yielding $318 million in cash proceeds, up from the expected $230 million. The recapitalization asserts a pre-transaction net equity value of $905 million, reflecting a 2.0x multiple of invested capital since December 2019.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
none
-
Rhea-AI Summary

DigitalBridge Group (NYSE: DBRG) has successfully completed a 1-for-4 reverse stock split aimed at aligning its share count with industry peers and generating cost savings. Following the split, approximately 163.9 million shares of Class A common stock and 0.2 million shares of Class B common stock remain outstanding. Stockholders retain their proportional ownership and voting power, with trades on a split-adjusted basis commencing on August 23, 2022. This strategic move is part of the company’s broader efforts to streamline operations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
none
Rhea-AI Summary

DigitalBridge Group (DBRG) announced its strategic roadmap aiming to double assets under management over the next three years. For Q2 2022, the company reported revenues of $289 million, a net loss of $37 million (or $0.06 per share), and distributable earnings of $7.6 million. The Board approved a 1-for-4 reverse share split, effective August 22, 2022, reducing outstanding common shares from 656 million to 164 million. Shareholders will receive information regarding their holdings and related cash payments. Preferred dividends were declared and will be paid on October 17, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags

FAQ

What is the current stock price of DigitalBridge Group (DBRG)?

The current stock price of DigitalBridge Group (DBRG) is $11.05 as of December 20, 2024.

What is the market cap of DigitalBridge Group (DBRG)?

The market cap of DigitalBridge Group (DBRG) is approximately 1.9B.

What does DigitalBridge Group, Inc. do?

DigitalBridge Group, Inc. is an alternative asset manager that invests in digital infrastructure such as cell towers, data centers, and fiber networks.

How does DigitalBridge's computer vision platform work?

DigitalBridge's platform allows customers to take a photo of a room, automatically recognizing walls, floors, and objects to visualize new furnishings and decorations.

What are some recent partnerships of DigitalBridge?

DigitalBridge has recently partnered with Intel and Vantage Data Centers to advance digital infrastructure projects and technologies.

How does DigitalBridge support the digital ecosystem?

DigitalBridge provides essential capital and operational expertise to businesses within the digital ecosystem, enhancing digital infrastructure like cell towers and data centers.

What types of assets does DigitalBridge invest in?

DigitalBridge invests in assets such as cell towers, data centers, fiber networks, small cells, and edge infrastructure.

What is unique about DigitalBridge's digital modeling technology?

DigitalBridge's technology can convert real-world scenes into digital models, allowing users to visualize new room aesthetics without using physical markers.

What makes DigitalBridge attractive to investors?

DigitalBridge's focus on high-growth sectors within the digital infrastructure space and its successful track record make it an appealing option for investors.

What impact does DigitalBridge have on the digital economy?

By investing in and enhancing digital infrastructure, DigitalBridge plays a pivotal role in driving growth and innovation within the digital economy.

How does DigitalBridge ensure operational excellence?

DigitalBridge employs an integrated approach to deliver sustainable returns and operational excellence across its digital infrastructure investments.

Where can I find the latest news about DigitalBridge?

The latest news about DigitalBridge can be found on financial news websites, stock market platforms, and the company’s official announcements.

DigitalBridge Group, Inc.

NYSE:DBRG

DBRG Rankings

DBRG Stock Data

1.94B
167.45M
3.78%
100.22%
8.82%
Real Estate Services
Investment Advice
Link
United States of America
BOCA RATON