Blue Owl Capital Inc. (NYSE:OWL) Receives $26.33 Consensus Target Price from Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL) have been assigned a consensus rating of “Moderate Buy” from the thirteen analysts that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $26.33.

Several brokerages have recently issued reports on OWL. JMP Securities reiterated a “market outperform” rating and set a $32.00 price target (up from $30.00) on shares of Blue Owl Capital in a report on Friday, February 7th. Citigroup reissued a “buy” rating and issued a $30.00 target price on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods increased 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 note on Friday, December 20th. TD Cowen upgraded shares of Blue Owl Capital from a “hold” rating to a “buy” rating and upped their price objective for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Finally, Cfra Research raised Blue Owl Capital to a “moderate buy” rating in a research report on Thursday, March 27th.

Blue Owl Capital Stock Performance

NYSE OWL opened at $20.43 on Friday. The firm’s 50 day moving average price is $22.29 and its two-hundred day moving average price is $22.43. Blue Owl Capital has a twelve month low of $15.18 and a twelve month high of $26.73. The stock has a market cap of $31.41 billion, a price-to-earnings ratio of 120.16, a PEG ratio of 1.23 and a beta of 1.19.

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

Blue Owl Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were paid a $0.18 dividend. The ex-dividend date was Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.52%. Blue Owl Capital’s payout ratio is currently 423.53%.

Institutional Investors Weigh In On Blue Owl Capital

A number of institutional investors have recently added to or reduced their stakes in OWL. MassMutual Private Wealth & Trust FSB lifted its position in shares of Blue Owl Capital by 380.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,326 shares of the company’s stock worth $27,000 after buying an additional 1,050 shares during the period. California State Teachers Retirement System raised its stake in Blue Owl Capital by 11.6% during the fourth quarter. California State Teachers Retirement System now owns 497,636 shares of the company’s stock worth $11,575,000 after acquiring an additional 51,782 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Blue Owl Capital during the fourth quarter valued at $235,000. Vise Technologies Inc. boosted its stake in shares of Blue Owl Capital by 4.6% in the 4th quarter. Vise Technologies Inc. now owns 10,947 shares of the company’s stock valued at $255,000 after purchasing an additional 478 shares in the last quarter. Finally, JT Stratford LLC bought a new stake in shares of Blue Owl Capital in the 4th quarter worth about $271,000. 35.85% of the stock is owned by institutional investors and hedge funds.

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.