Blue Owl Capital Inc. (NYSE:OWL) Receives $15.03 Average Target Price from Brokerages

Shares of Blue Owl Capital Inc. (NYSE:OWL) have been given an average rating of “Moderate Buy” by the seventeen analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $15.0313.

OWL has been the subject of a number of analyst reports. Barclays raised their price target on Blue Owl Capital from $9.00 to $10.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Zacks Research lowered Blue Owl Capital from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. TD Cowen cut their price target on Blue Owl Capital from $16.00 to $14.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Citizens Jmp cut their price target on Blue Owl Capital from $23.00 to $21.00 and set a “market outperform” rating for the company in a report on Wednesday, April 22nd. Finally, Oppenheimer cut their price target on Blue Owl Capital from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Monday, April 13th.

Blue Owl Capital Trading Up 0.1%

NYSE:OWL opened at $10.57 on Monday. Blue Owl Capital has a 12 month low of $7.95 and a 12 month high of $21.08. The stock has a market capitalization of $16.44 billion, a PE ratio of 88.11, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19. The firm’s 50 day moving average is $9.39 and its 200 day moving average is $12.89.

Blue Owl Capital (NYSE:OWL) last posted its earnings results on Thursday, April 30th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. Blue Owl Capital had a return on equity of 21.97% and a net margin of 2.96%.The firm had revenue of $699.88 million for the quarter, compared to the consensus estimate of $687.23 million. Research analysts predict that Blue Owl Capital will post 0.88 earnings per share for the current year.

Blue Owl Capital Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This is an increase from Blue Owl Capital’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.7%. Blue Owl Capital’s dividend payout ratio is 750.00%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Arax Advisory Partners bought a new position in shares of Blue Owl Capital in the fourth quarter worth $25,000. Roxbury Financial LLC increased its holdings in shares of Blue Owl Capital by 383.6% in the fourth quarter. Roxbury Financial LLC now owns 1,765 shares of the company’s stock worth $26,000 after purchasing an additional 1,400 shares during the period. Toronto Dominion Bank bought a new position in shares of Blue Owl Capital in the fourth quarter worth $26,000. Parkside Financial Bank & Trust increased its holdings in shares of Blue Owl Capital by 117.0% in the third quarter. Parkside Financial Bank & Trust now owns 1,608 shares of the company’s stock worth $27,000 after purchasing an additional 867 shares during the period. Finally, Lavaca Capital LLC bought a new position in shares of Blue Owl Capital in the fourth quarter worth $28,000. 35.85% of the stock is currently owned by hedge funds and other institutional investors.

More Blue Owl Capital News

Here are the key news stories impacting Blue Owl Capital this week:

• Positive Sentiment: Blue Owl is being highlighted for its high dividend yield, recent dividend hike, and strong AUM growth, with first-quarter assets under management rising to $314.9 billion, up 15% year over year, supporting fee-related earnings growth. Blue Owl Capital’s Dividend Hike, Strong AUM Growth, And Fat Yield
• Positive Sentiment: Blue Owl’s private credit fund reportedly realized a gain from its SpaceX stake, which may reinforce confidence in underwriting and portfolio performance. Blue Owl private credit fund realizes gain from SpaceX stake, exec says
• Neutral Sentiment: The company is preparing its first fund focused on buying secondhand private credit, signaling a potential growth avenue but also continued exposure to a complex and evolving market. Blue Owl Prepares First Fund to Buy Secondhand Private Credit
• Neutral Sentiment: Management said the firm will reduce software exposure in its private credit fund as AI-related uncertainty weighs on sector valuations, a defensive move rather than a major earnings catalyst. Blue Owl private credit fund will lower software exposure, CEO says
• Negative Sentiment: Multiple reports say Blue Owl-linked private credit funds cut dividends and saw declines in income and asset values, reinforcing investor concerns about stress in the broader private credit market. Blue Owl private credit funds cut dividends as borrowing costs rise
• Negative Sentiment: Blue Owl BDCs also bought back shares while loan values sank, which can support the stock but also underscores pressure on underlying asset values. Blue Owl BDCs Buy Back $85 Million of Shares as Loan Values Sink

About Blue Owl Capital

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.