Blue Owl Capital Inc. (NYSE:OWL) Receives $26.48 Average Target Price from Analysts

Blue Owl Capital Inc. (NYSE:OWL) has been given a consensus recommendation of “Moderate Buy” by the thirteen analysts that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $26.48.

Several research firms have issued reports on OWL. Evercore ISI lifted their price objective on Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. Barclays began coverage on Blue Owl Capital in a report on Monday, February 24th. They set an “overweight” rating and a $29.00 price objective on the stock. TD Cowen upgraded Blue Owl Capital from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Piper Sandler lifted their price objective on Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. Finally, Oppenheimer lifted their price objective on Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Rothschild Investment LLC grew its stake in Blue Owl Capital by 316.1% during the 4th quarter. Rothschild Investment LLC now owns 33,955 shares of the company’s stock worth $790,000 after buying an additional 25,795 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Blue Owl Capital by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock worth $174,829,000 after buying an additional 1,372,865 shares during the last quarter. Princeton Global Asset Management LLC bought a new position in Blue Owl Capital during the 4th quarter worth $1,773,000. Westfield Capital Management Co. LP grew its stake in Blue Owl Capital by 4.6% during the 3rd quarter. Westfield Capital Management Co. LP now owns 6,736,287 shares of the company’s stock worth $130,415,000 after buying an additional 293,221 shares during the last quarter. Finally, Capital CS Group LLC acquired a new position in Blue Owl Capital during the 4th quarter worth $620,000. 35.85% of the stock is currently owned by institutional investors.

Blue Owl Capital Stock Performance

Blue Owl Capital stock opened at $19.49 on Wednesday. The stock’s 50 day moving average price is $23.48 and its 200 day moving average price is $22.00. The firm has a market capitalization of $29.96 billion, a PE ratio of 114.62, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19. Blue Owl Capital has a one year low of $15.18 and a one year high of $26.73.

Blue Owl Capital (NYSE:OWL) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. On average, analysts forecast that Blue Owl Capital will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.70%. Blue Owl Capital’s payout ratio is currently 423.53%.

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.