Stocks of Blue Owl Capital Inc (NYSE:OWL) traded higher last session on Wall Street, up 1.96% to $26.03.
OWL stock price is now 10.25% away from the 50-day moving average and 30.16% away from the 200-day moving average. The market capitalization of the company currently stands at $38.88B.
On January 16, 2025, TD Cowen Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $28, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, NBSH Blue Investments II, LLC, 10% Owner bought 2,511,659 shares of the company’s stock on Dec 02 ’24. The stock was bought for $57,868,623 at an average price of $23.04. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Controlled affiliate Blue Owl Exchange LP bought 1,700,000 shares of the business’s stock. A total of $40,341,000 was incurred on buying the stock at an average price of $23.73. A total of 2.18% of the company’s stock is owned by insiders.
During the past 12 months, Blue Owl Capital Inc has had a low of $15.18 and a high of $25.61. As of last week, the company has a debt-to-equity ratio of 1.45, a current ratio of 1.17, and a quick ratio of 1.17. According to the stock market information, the enterprise value for the company is $21459554304, which is based on a 152.94 price-to-earnings ratio, a 7.98 price-to-earnings-growth ratio, and a beta of 1.15. The fifty day moving average price for OWL is $23.5432 and a two-hundred day moving average price translates $19.9644 for the stock.
The latest earnings results from Blue Owl Capital Inc (NYSE: OWL) was released for 2024-09-30. The net profit margin was 4.95% and return on equity was 6.03% for OWL. The company reported revenue of $600.88 million for the quarter, compared to $429.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.85 percent. For the current quarter, analysts expect OWL to generate $612.41M in revenue.
