Blue Owl Capital Inc. (NYSE:OWL) Receives $22.31 Average Target Price from Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL) have been assigned an average recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $22.31.

Several research analysts recently commented on the company. Piper Sandler increased their price target on Blue Owl Capital from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. Wells Fargo & Company raised their target price on shares of Blue Owl Capital from $18.50 to $21.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 9th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Blue Owl Capital from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Evercore ISI lifted their price objective on shares of Blue Owl Capital from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. Finally, JMP Securities boosted their price objective on shares of Blue Owl Capital from $25.00 to $27.00 and gave the stock a “market outperform” rating in a research note on Friday, November 15th.

Hedge Funds Weigh In On Blue Owl Capital

Several hedge funds and other institutional investors have recently modified their holdings of the business. ORG Wealth Partners LLC bought a new position in Blue Owl Capital in the 3rd quarter valued at approximately $32,000. ORG Partners LLC bought a new position in shares of Blue Owl Capital in the 2nd quarter valued at $32,000. Family Firm Inc. acquired a new stake in shares of Blue Owl Capital during the 2nd quarter valued at $40,000. Rothschild Investment LLC acquired a new stake in shares of Blue Owl Capital during the 2nd quarter valued at $45,000. Finally, Triad Wealth Partners LLC bought a new stake in Blue Owl Capital during the 2nd quarter worth $88,000. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Trading Down 2.4 %

OWL opened at $23.77 on Monday. The firm’s fifty day simple moving average is $21.80 and its 200 day simple moving average is $19.23. The stock has a market capitalization of $35.50 billion, a P/E ratio of 140.60, a P/E/G ratio of 1.63 and a beta of 1.14. Blue Owl Capital has a 12 month low of $13.01 and a 12 month high of $25.03.

Blue Owl Capital (NYSE:OWL) last released its earnings results on Thursday, October 31st. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. The firm had revenue of $600.88 million for the quarter, compared to analysts’ expectations of $565.93 million. During the same quarter in the previous year, the business posted $0.16 EPS. On average, equities research analysts predict that Blue Owl Capital will post 0.78 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 3.03%. The ex-dividend date was Monday, November 11th. Blue Owl Capital’s payout ratio is presently 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.