Blue Owl Capital Inc. (NYSE:OWL) Stock Has Consensus Target Price of $13.33 According to Brokerages

Key Points

• Analyst consensus is “Moderate Buy,” with seven buy ratings, one strong-buy rating, and nine holds. The average 12-month price target is $13.33, above the stock’s opening price of $9.35.
• Blue Owl Capital reported quarterly earnings of $0.22 per share, matching estimates, while revenue of $693.56 million slightly exceeded expectations.
• The company’s quarterly dividend is $0.23 per share, or $0.92 annualized, implying a 9.8% yield; however, its payout ratio is elevated at 766.67%.

Shares of Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) have received an average rating of "Moderate Buy" from the seventeen analysts that are currently covering the company, Marketbeat reports. Nine analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $13.33.

OWL has been the subject of a number of research reports. Oppenheimer boosted their target price on shares of Blue Owl Capital from $15.00 to $17.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Keefe, Bruyette & Woods raised Blue Owl Capital to a "hold" rating in a report on Monday, July 20th. Citizens Jmp dropped their price target on Blue Owl Capital from $21.00 to $17.00 and set a "market outperform" rating on the stock in a research note on Thursday, July 9th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Blue Owl Capital in a report on Monday, September 14th. Finally, Capital One Financial set a $12.00 price objective on Blue Owl Capital in a report on Monday, August 3rd.

Blue Owl Capital Stock Down 0.1%

OWL opened at $9.35 on Monday. The firm has a 50 day moving average price of $10.27 and a 200-day moving average price of $9.95. Blue Owl Capital has a twelve month low of $7.95 and a twelve month high of $17.17. The stock has a market capitalization of $14.58 billion, a price-to-earnings ratio of 77.96, a PEG ratio of 1.14 and a beta of 1.35.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.22 earnings per share for the quarter, meeting analysts' consensus estimates of $0.22. Blue Owl Capital had a net margin of 2.71% and a return on equity of 23.14%. The company had revenue of $693.56 million for the quarter, compared to the consensus estimate of $693.15 million. As a group, analysts expect that Blue Owl Capital will post 0.88 earnings per share for the current year.

Blue Owl Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $0.92 dividend on an annualized basis and a yield of 9.8%. Blue Owl Capital's dividend payout ratio is currently 766.67%.

Institutional Investors Weigh In On Blue Owl Capital

Large investors have recently made changes to their positions in the company. Burk Holdings LLC bought a new stake in shares of Blue Owl Capital during the 2nd quarter valued at about $27,000. Essential Partners LLC lifted its stake in shares of Blue Owl Capital by 739.7% in the 1st quarter. Essential Partners LLC now owns 3,216 shares of the company's stock worth $29,000 after purchasing an additional 2,833 shares during the period. CX Institutional lifted its stake in shares of Blue Owl Capital by 881.5% in the 2nd quarter. CX Institutional now owns 3,396 shares of the company's stock worth $30,000 after purchasing an additional 3,050 shares during the period. Center for Financial Planning Inc. lifted its stake in shares of Blue Owl Capital by 2,100.0% in the 1st quarter. Center for Financial Planning Inc. now owns 4,400 shares of the company's stock worth $40,000 after purchasing an additional 4,200 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Blue Owl Capital by 118.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 4,577 shares of the company's stock worth $40,000 after buying an additional 2,485 shares during the last quarter. 35.85% of the stock is currently owned by institutional investors.

About Blue Owl Capital

Blue Owl Capital Inc NYSE: OWL is an alternative asset manager that provides private-market investment solutions to institutional investors, financial professionals, and other clients. The company focuses on strategies designed to deliver income, long-term capital appreciation, and customized exposure to private markets.

Blue Owl operates across three primary platforms: Credit, GP Strategic Capital, and Real Estate. Its credit business provides private financing to companies, including direct lending and other asset-backed and specialty finance strategies.

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