Free Trial

Brokerages Set Blue Owl Capital Inc. (NYSE:OWL) Price Target at $23.79

Blue Owl Capital logo with Finance background

Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the thirteen research firms that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $23.79.

A number of analysts recently weighed in on OWL shares. Cfra Research raised shares of Blue Owl Capital to a "moderate buy" rating in a report on Thursday, March 27th. The Goldman Sachs Group lowered 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. TD Cowen raised Blue Owl Capital from a "hold" rating to a "buy" rating and upped their price target for the company from $26.00 to $28.00 in a research note on Thursday, January 16th. Piper Sandler lowered their price objective on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Finally, Wells Fargo & Company cut their target price on shares of Blue Owl Capital from $22.00 to $19.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th.

Check Out Our Latest Report on OWL

Blue Owl Capital Stock Performance

Blue Owl Capital stock traded up $0.03 on Thursday, reaching $18.50. The company's stock had a trading volume of 4,338,698 shares, compared to its average volume of 6,714,924. Blue Owl Capital has a twelve month low of $14.55 and a twelve month high of $26.73. The company has a market cap of $28.45 billion, a price-to-earnings ratio of 108.83, a PEG ratio of 1.23 and a beta of 1.20. The business's fifty day moving average price is $19.33 and its 200 day moving average price is $22.11.

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

Blue Owl Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is currently 423.53%.

Hedge Funds Weigh In On Blue Owl Capital

Institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC boosted its position in Blue Owl Capital by 1.6% during the 4th quarter. Global Retirement Partners LLC now owns 25,499 shares of the company's stock worth $593,000 after acquiring an additional 413 shares during the last quarter. Dynasty Wealth Management LLC boosted its position in Blue Owl Capital by 0.5% during the fourth quarter. Dynasty Wealth Management LLC now owns 78,580 shares of the company's stock worth $1,828,000 after purchasing an additional 417 shares during the period. Allworth Financial LP boosted its holdings in shares of Blue Owl Capital by 43.3% during the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company's stock worth $36,000 after buying an additional 428 shares during the period. Principal Securities Inc. grew its position in shares of Blue Owl Capital by 30.6% in the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock valued at $45,000 after purchasing an additional 450 shares during the last quarter. Finally, Vise Technologies Inc. increased its position in Blue Owl Capital by 4.6% during the 4th quarter. Vise Technologies Inc. now owns 10,947 shares of the company's stock worth $255,000 after buying an additional 478 shares during the period. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Company Profile

(Get Free Report

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.

See Also

Analyst Recommendations for Blue Owl Capital (NYSE:OWL)

Should You Invest $1,000 in Blue Owl Capital Right Now?

Before you consider Blue Owl Capital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blue Owl Capital wasn't on the list.

While Blue Owl Capital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines