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DigitalBridge (DBRG) shares ended the last trading session 17.2% higher at $7.97. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 25.8% loss over the past four weeks.
DigitalBridge’ siginificant surge in its stock price follows the broader market rally driven by the optimism surrounding Trump’s announcement on April 9, 2025, of a 90-day pause on reciprocal tariffs for most trading partners, excluding China. The tariff pause reduced immediate fears of a trade war, fostering a more favorable economic outlook. The tariff pause will likely ease cost pressure, which improves margins and enhances profitability for mREIT stocks. These factors have boosted investor confidence in mREIT stock like DBRG.
This provider of asset management services to NorthStar Realty Finance Corp. Is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of +800%. Revenues are expected to be $103.97 million, up 39.8% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For DigitalBridge, the consensus EPS estimate for the quarter has been revised 1.3% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on DBRG going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
DigitalBridge is a member of the Zacks REIT and Equity Trust industry. One other stock in the same industry, Cherry Hill Mortgage (CHMI), finished the last trading session 4.3% higher at $2.70. CHMI has returned -24.5% over the past month.
For Cherry Hill , the consensus EPS estimate for the upcoming report has changed -3.9% over the past month to $0.11. This represents a change of -15.4% from what the company reported a year ago. Cherry Hill currently has a Zacks Rank of #4 (Sell).
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DigitalBridge Group, Inc. (DBRG) : Free Stock Analysis Report
Cherry Hill Mortgage Investment Corporation (CHMI) : Free Stock Analysis Report