Blue Owl Capital (OWL) Projected to Post Earnings on Thursday

Blue Owl Capital (NYSE:OWL - Get Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Blue Owl Capital to post earnings of $0.21 per share and revenue of $607.34 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.20 EPS for the quarter, meeting the consensus estimate 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 analyst estimates of $565.93 million. During the same period in the previous year, the business posted $0.16 EPS. On average, analysts expect Blue Owl Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Blue Owl Capital Stock Performance

Shares of NYSE OWL traded up $0.19 during midday trading on Thursday, hitting $25.83. The company's stock had a trading volume of 2,991,679 shares, compared to its average volume of 6,535,480. Blue Owl Capital has a 1-year low of $15.18 and a 1-year high of $26.73. The firm's fifty day moving average price is $23.92 and its 200-day moving average price is $21.13. The firm has a market cap of $38.57 billion, a P/E ratio of 151.92, a P/E/G ratio of 1.39 and a beta of 1.14.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. TD Cowen raised shares of Blue Owl Capital from a "hold" rating to a "buy" rating and lifted their price target for the company from $26.00 to $28.00 in a report on Thursday, January 16th. Piper Sandler lifted their price objective on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Monday, December 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Wells Fargo & Company dropped their price target 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. Finally, JMP Securities restated a "market outperform" rating and set a $27.00 price target on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $25.85.

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.