Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Blue Owl Capital (NYSE:OWL) Stock

Blue Owl Capital (NYSE:OWL) had its price objective hoisted by stock analysts at Keefe, Bruyette & Woods from $22.00 to $26.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 10.69% from the company’s previous close.

Several other research firms also recently issued reports on OWL. JMP Securities reaffirmed a “market outperform” rating and set a $27.00 price objective on shares of Blue Owl Capital in a report on Wednesday, December 4th. UBS Group raised their price target on shares of Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Piper Sandler lifted their price objective on Blue Owl Capital from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Oppenheimer increased their target price on Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Finally, Evercore ISI lifted their price target on Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $23.56.

Blue Owl Capital Trading Up 1.7 %

NYSE OWL opened at $23.49 on Friday. The stock has a market capitalization of $35.08 billion, a price-to-earnings ratio of 138.18, a PEG ratio of 1.66 and a beta of 1.14. The stock has a 50-day moving average of $23.24 and a 200 day moving average of $19.84. Blue Owl Capital has a twelve month low of $14.37 and a twelve month high of $25.03.

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. ORG Wealth Partners LLC acquired a new stake in Blue Owl Capital during the third quarter worth about $32,000. Family Firm Inc. purchased a new stake in shares of Blue Owl Capital in the 2nd quarter valued at approximately $40,000. Rothschild Investment LLC acquired a new stake in shares of Blue Owl Capital during the 2nd quarter worth approximately $45,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Blue Owl Capital during the 3rd quarter valued at approximately $138,000. Finally, Signaturefd LLC lifted its holdings in Blue Owl Capital by 19.3% in the third quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock valued at $177,000 after acquiring an additional 1,476 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company’s stock.

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.