Keefe, Bruyette & Woods Issues Positive Forecast for Blue Owl Capital (NYSE:OWL) Stock Price

Blue Owl Capital (NYSE:OWL) had its target price upped by Keefe, Bruyette & Woods from $22.00 to $26.00 in a research note issued to investors on Friday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

A number of other research firms have also weighed in on OWL. JMP Securities reaffirmed a “market outperform” rating and set a $27.00 target price on shares of Blue Owl Capital in a report on Wednesday, December 4th. Evercore ISI upped their target price on shares of Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. UBS Group raised their price target on shares of Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Oppenheimer boosted their price target on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Finally, Piper Sandler increased their price objective on Blue Owl Capital from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.56.

Blue Owl Capital Trading Up 1.7 %

Shares of OWL stock opened at $23.49 on Friday. Blue Owl Capital has a 12 month low of $14.37 and a 12 month high of $25.03. The stock has a market capitalization of $35.08 billion, a P/E ratio of 138.18, a PEG ratio of 1.66 and a beta of 1.14. The firm’s 50 day moving average is $23.24 and its 200 day moving average is $19.85.

Blue Owl Capital (NYSE:OWL) last posted its earnings results on Thursday, October 31st. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The firm had revenue of $600.88 million for the quarter, compared to the consensus estimate of $565.93 million. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. During the same quarter in the prior year, the business posted $0.16 earnings per share. On average, equities analysts predict that Blue Owl Capital will post 0.78 EPS for the current year.

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 11th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date was Monday, November 11th. Blue Owl Capital’s payout ratio is currently 423.53%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. 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 position in shares of Blue Owl Capital during the 2nd quarter valued at $40,000. Rothschild Investment LLC purchased a new position in Blue Owl Capital in the 2nd quarter worth $45,000. Wilmington Savings Fund Society FSB bought a new stake in Blue Owl Capital in the third quarter worth $138,000. Finally, Signaturefd LLC boosted its position in Blue Owl Capital by 19.3% during the third quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock valued at $177,000 after buying an additional 1,476 shares during the period. 35.85% of the stock is currently owned by institutional investors.

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.