Blue Owl Capital Inc. (NYSE:OWL) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) have earned a consensus rating of "Moderate Buy" from the thirteen research firms that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $26.48.

Several analysts have recently issued reports on the company. Citigroup restated a "buy" rating and issued a $30.00 price objective on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Oppenheimer upped their target price on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an "outperform" rating in a report on Thursday, December 12th. Barclays started coverage on shares of Blue Owl Capital in a report on Monday, February 24th. They set an "overweight" rating and a $29.00 price target for the company. Keefe, Bruyette & Woods upped their price objective on shares of Blue Owl Capital from $22.00 to $26.00 and gave the company a "market perform" rating in a research note on Friday, December 20th. Finally, Wells Fargo & Company decreased their target price on shares of Blue Owl Capital from $25.00 to $24.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 14th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. First Trust Direct Indexing L.P. acquired a new stake in Blue Owl Capital during the third quarter worth about $224,000. US Bancorp DE increased its position in Blue Owl Capital by 49.0% during the 3rd quarter. US Bancorp DE now owns 13,336 shares of the company's stock worth $258,000 after purchasing an additional 4,387 shares in the last quarter. QRG Capital Management Inc. purchased a new position in Blue Owl Capital in the third quarter valued at approximately $271,000. Catalyst Capital Advisors LLC acquired a new position in Blue Owl Capital during the third quarter valued at approximately $839,000. Finally, Concurrent Investment Advisors LLC acquired a new position in Blue Owl Capital during the third quarter valued at approximately $1,001,000. 35.85% of the stock is owned by hedge funds and other institutional investors.

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Blue Owl Capital Price Performance

Shares of NYSE OWL traded up $0.13 on Wednesday, hitting $19.49. The company's stock had a trading volume of 8,898,623 shares, compared to its average volume of 6,778,542. The stock has a 50 day moving average of $23.48 and a 200-day moving average of $22.00. The company has a market capitalization of $29.96 billion, a price-to-earnings ratio of 114.62, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19. Blue Owl Capital has a 12-month low of $15.18 and a 12-month high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. Sell-side analysts expect that Blue Owl Capital will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were paid a dividend of $0.18 per share. The ex-dividend date was Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.70%. Blue Owl Capital's dividend payout ratio is presently 423.53%.

About Blue Owl Capital

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.