Blue Owl Capital Inc. (NYSE:OWL) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Blue Owl Capital Inc. (NYSE:OWL) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $14.66.

OWL has been the subject of a number of research analyst reports. Citigroup began coverage on shares of Blue Owl Capital in a research report on Thursday, May 18th. They set a “buy” rating and a $14.00 target price for the company. JMP Securities cut their price objective on Blue Owl Capital from $19.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday, August 2nd. Oppenheimer boosted their price objective on Blue Owl Capital from $14.00 to $15.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 2nd. Deutsche Bank Aktiengesellschaft cut their price objective on Blue Owl Capital from $15.00 to $14.00 in a research report on Monday, May 8th. Finally, Piper Sandler cut their price objective on Blue Owl Capital from $17.00 to $15.00 in a research report on Thursday, May 25th.

Hedge Funds Weigh In On Blue Owl Capital

Large investors have recently added to or reduced their stakes in the company. IFP Advisors Inc acquired a new position in Blue Owl Capital in the 1st quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. acquired a new position in Blue Owl Capital in the 4th quarter valued at approximately $32,000. Quantbot Technologies LP bought a new stake in shares of Blue Owl Capital in the 1st quarter valued at approximately $33,000. Webster Bank N. A. bought a new stake in shares of Blue Owl Capital in the 2nd quarter valued at approximately $35,000. Finally, RE Dickinson Investment Advisors LLC grew its stake in shares of Blue Owl Capital by 100.0% in the 2nd quarter. RE Dickinson Investment Advisors LLC now owns 4,000 shares of the company’s stock valued at $47,000 after purchasing an additional 2,000 shares during the period. Institutional investors and hedge funds own 29.11% of the company’s stock.

Blue Owl Capital Trading Up 0.3 %

OWL stock opened at $11.99 on Friday. Blue Owl Capital has a 1 year low of $8.06 and a 1 year high of $14.04. The company has a fifty day simple moving average of $11.68 and a 200 day simple moving average of $11.30. The firm has a market cap of $16.87 billion, a PE ratio of 299.75, a PEG ratio of 0.81 and a beta of 1.30.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings data on Tuesday, August 1st. The company reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. Blue Owl Capital had a net margin of 1.58% and a return on equity of 15.31%. The business had revenue of $416.94 million during the quarter, compared to analyst estimates of $398.43 million. During the same quarter in the previous year, the business earned $0.13 EPS. As a group, analysts forecast that Blue Owl Capital will post 0.65 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Monday, August 21st were issued a $0.14 dividend. The ex-dividend date was Friday, August 18th. This represents a $0.56 annualized dividend and a yield of 4.67%. Blue Owl Capital’s dividend payout ratio (DPR) is 1,400.00%.

Blue Owl Capital 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.