Blue Owl Capital Inc. (NYSE:OWL) Receives $24.10 Average Target Price from Brokerages

Blue Owl Capital Inc. (NYSE:OWL) has been assigned an average recommendation of “Moderate Buy” from the twelve research firms that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $25.10.

Several analysts recently weighed in on the company. Evercore ISI boosted their price objective on Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Friday. Oppenheimer lifted their price objective on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Piper Sandler boosted their price target on Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th.

Institutional Investors Weigh In On Blue Owl Capital

A number of institutional investors have recently modified their holdings of OWL. ORG Wealth Partners LLC bought a new stake in shares of Blue Owl Capital in the 3rd quarter valued at approximately $32,000. Versant Capital Management Inc raised its holdings in Blue Owl Capital by 136.2% in the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock worth $45,000 after acquiring an additional 1,110 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Blue Owl Capital during the 3rd quarter worth about $138,000. Wedmont Private Capital acquired a new position in shares of Blue Owl Capital during the fourth quarter worth approximately $204,000. Finally, Signaturefd LLC raised its stake in Blue Owl Capital by 19.3% during the 3rd quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock valued at $177,000 after purchasing an additional 1,476 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Trading Up 3.7 %

Shares of OWL stock opened at $24.28 on Tuesday. The firm has a fifty day simple moving average of $23.54 and a 200-day simple moving average of $20.75. The company has a market capitalization of $36.26 billion, a PE ratio of 142.81, a price-to-earnings-growth ratio of 1.29 and a beta of 1.14. Blue Owl Capital has a twelve month low of $14.85 and a twelve month high of $25.03.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. The firm had revenue of $600.88 million during the quarter, compared to analyst estimates of $565.93 million. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. During the same quarter last year, the firm earned $0.16 EPS. Equities research analysts predict that Blue Owl Capital will post 0.78 EPS for the current year.

Blue Owl Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 11th were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend was Monday, November 11th. Blue Owl Capital’s dividend payout ratio (DPR) is 423.55%.

Blue Owl Capital Company Profile

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.