Blue Owl Capital Inc (NYSE:OWL) shares traded -0.78% lower at $12.67 on Wall Street last session.
In accordance with the data, 11 analysts cover Blue Owl Capital Inc (NYSE:OWL). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $18.00 and a low of $13.00, we find $15.00. Given the previous closing price of $12.77, this indicates a potential upside of 17.46 percent. OWL stock price is now 5.30% away from the 50-day moving average and 10.05% away from the 200-day moving average. The market capitalization of the company currently stands at $5.76B.
It has been rated a hold by 2 analysts and a buy by 9. Brokers who have rated the stock have averaged $15.05 as their price target over the next twelve months.
With the price target of $14, Citigroup recently initiated with Buy rating for Blue Owl Capital Inc (NYSE: OWL).
A total of 2.45% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in OWL stock. A new stake in Blue Owl Capital Inc shares was purchased by KIM, LLC during the first quarter worth $60,824,000. CAT ROCK CAPITAL MANAGEMENT LP invested $57,190,000 in shares of OWL during the first quarter. In the first quarter, HIGHTOWER ADVISORS, LLC acquired a new stake in Blue Owl Capital Inc valued at approximately $23,313,000. RDST CAPITAL LLC acquired a new stake in OWL for approximately $17,269,000. CINCTIVE CAPITAL MANAGEMENT LP purchased a new stake in OWL valued at around $14,460,000 in the second quarter. In total, there are 298 active investors with 88.57% ownership of the company’s stock.
During the past 12 months, Blue Owl Capital Inc has had a low of $8.06 and a high of $14.04. As of last week, the company has a debt-to-equity ratio of 1.31, a current ratio of 1.08, and a quick ratio of 1.08. According to the stock market information, the enterprise value for the company is $7.82B, which is based on a 233.33 price-to-earnings ratio, a 11.00 price-to-earnings-growth ratio, and a beta of 1.21. The fifty day moving average price for OWL is $12.04 and a two-hundred day moving average price translates $11.52 for the stock.
The latest earnings results from Blue Owl Capital Inc (NYSE: OWL) was released for Jun, 2023. According to the Asset Management Company, earnings per share came in at $0.16, inline with analysts’ expectations of $0.16. This compares to -$0.01 EPS in the same period last year. The net profit margin was 1.58% and return on equity was 1.55% for OWL. The company reported revenue of $416.94 million for the quarter, compared to $327.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.41 percent. For the current quarter, analysts expect OWL to generate $411.67M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 08/31/2023. Investors who held shares on 08/21/2023 were paid a $0.14 dividend. On an annualized basis, this represents a $0.56 dividend and a 4.46% percent yield. There was an ex-dividend date of 08/18/2023 for this dividend.
Blue Owl Capital Inc(OWL) Company Profile
Blue Owl Capital Inc. operates as an asset manager. It offers permanent capital base solutions that enables it to offer a holistic platform to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; GP capital solutions products, which offers capital solutions, including GP minority equity investments, GP debt financing, and professional sports minority investments to large private capital managers; and real estate products that focuses on structuring sale-leaseback transactions, which includes triple net leases. It offers its solutions through permanent capital vehicles, as well as long-dated private funds. The company is headquartered in New York, New York.
