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

Shares of Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twelve research firms that are presently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $24.02.

OWL has been the topic of several analyst reports. Evercore ISI upped their target price on Blue Owl Capital from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Tuesday, October 8th. Wells Fargo & Company dropped their price objective on Blue Owl Capital from $25.00 to $24.00 and set an "equal weight" rating on the stock in a research note on Tuesday. Oppenheimer raised their target price on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an "outperform" rating in a research note on Thursday, December 12th. 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. Finally, The Goldman Sachs Group downgraded shares of Blue Owl Capital from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $25.00 to $24.75 in a research report on Monday, January 6th.

Institutional Trading of Blue Owl Capital

Several hedge funds have recently added to or reduced their stakes in OWL. Northside Capital Management LLC bought a new stake in Blue Owl Capital in the 4th quarter valued at about $596,000. Oak Thistle LLC raised its position in shares of Blue Owl Capital by 474.6% in the fourth quarter. Oak Thistle LLC now owns 94,672 shares of the company's stock valued at $2,202,000 after buying an additional 78,196 shares in the last quarter. Capital CS Group LLC bought a new stake in shares of Blue Owl Capital in the fourth quarter valued at approximately $620,000. Miracle Mile Advisors LLC grew its position in Blue Owl Capital by 4.1% during the fourth quarter. Miracle Mile Advisors LLC now owns 12,289 shares of the company's stock worth $286,000 after buying an additional 479 shares in the last quarter. Finally, Wedmont Private Capital bought a new position in Blue Owl Capital during the 4th quarter worth $204,000. 35.85% of the stock is owned by institutional investors and hedge funds.

Blue Owl Capital Price Performance

NYSE:OWL traded up $0.15 during trading hours on Tuesday, reaching $22.51. 3,357,730 shares of the stock were exchanged, compared to its average volume of 5,688,990. Blue Owl Capital has a twelve month low of $14.42 and a twelve month high of $25.03. The stock has a market cap of $33.62 billion, a PE ratio of 132.42, a PEG ratio of 1.66 and a beta of 1.14. The firm has a 50 day moving average of $23.49 and a 200 day moving average of $20.58.

Blue Owl Capital (NYSE:OWL - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, meeting analysts' consensus estimates of $0.20. Blue Owl Capital had a net margin of 4.95% and a return on equity of 19.98%. The business had revenue of $600.88 million during the quarter, compared to the consensus estimate of $565.93 million. During the same quarter last year, the firm earned $0.16 earnings per share. Equities research analysts anticipate that Blue Owl Capital will post 0.78 earnings per share for the current year.

Blue Owl Capital Announces Dividend

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 3.20%. The ex-dividend date of this dividend was Monday, November 11th. Blue Owl Capital's payout ratio is 423.53%.

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.