Blue Owl Capital Inc. (NYSE:OWL) Receives $21.65 Consensus PT from Brokerages

Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) has been given an average recommendation of "Moderate Buy" by the twelve ratings firms that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $21.65.

A number of analysts recently issued reports on the company. UBS Group increased their price objective on Blue Owl Capital from $20.00 to $27.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. JMP Securities raised their price target on Blue Owl Capital from $24.00 to $25.00 and gave the company a "market outperform" rating in a report on Wednesday, October 9th. Piper Sandler raised their price target on Blue Owl Capital from $20.00 to $23.00 and gave the company an "overweight" rating in a report on Wednesday, October 9th. Evercore ISI raised their price target on Blue Owl Capital from $21.00 to $22.00 and gave the company an "outperform" rating in a report on Tuesday, October 8th. Finally, Oppenheimer raised their price target on Blue Owl Capital from $21.00 to $24.00 and gave the company an "outperform" rating in a report on Wednesday, October 16th.

Blue Owl Capital Trading Down 3.2 %

Shares of OWL stock traded down $0.74 on Thursday, hitting $22.36. 11,020,213 shares of the stock were exchanged, compared to its average volume of 5,308,721. The firm's 50 day moving average is $19.62 and its two-hundred day moving average is $18.63. The firm has a market capitalization of $32.72 billion, a PE ratio of 144.38, a P/E/G ratio of 1.29 and a beta of 1.18. Blue Owl Capital has a one year low of $12.19 and a one year high of $24.17.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.19 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.19. The business had revenue of $549.85 million for the quarter, compared to analysts' expectations of $507.22 million. Blue Owl Capital had a return on equity of 19.15% and a net margin of 4.64%. During the same quarter in the prior year, the firm posted $0.16 EPS. On average, sell-side analysts expect that Blue Owl Capital will post 0.79 earnings per share for the current year.

Hedge Funds Weigh In On Blue Owl Capital

Institutional investors and hedge funds have recently bought and sold shares of the stock. Transcendent Capital Group LLC bought a new position in Blue Owl Capital during the 1st quarter worth approximately $26,000. ORG Partners LLC bought a new stake in shares of Blue Owl Capital in the 2nd quarter worth approximately $32,000. ORG Wealth Partners LLC bought a new stake in shares of Blue Owl Capital in the 3rd quarter worth approximately $32,000. Family Firm Inc. bought a new stake in shares of Blue Owl Capital in the 2nd quarter worth approximately $40,000. Finally, Rothschild Investment LLC bought a new stake in shares of Blue Owl Capital in the 2nd quarter worth approximately $45,000. 35.85% of the stock is currently owned by institutional investors.

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.