In yesterday’s Wall Street session, Blue Owl Capital Inc (NYSE:OWL) shares traded at $22.84, down -1.55% from the previous session.
OWL stock price is now 11.38% away from the 50-day moving average and 22.86% away from the 200-day moving average. The market capitalization of the company currently stands at $34.11B.
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With the price target of $18.50, Wells Fargo recently initiated with Equal Weight rating for Blue Owl Capital Inc (NYSE: OWL). On August 02, 2024, Oppenheimer Upgraded its previous ‘Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $21, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Dyal Capital Partners IV Holdi, Affiliate bought 30,166,206 shares of the company’s stock on Nov 06 ’24. The stock was bought for $705,889,220 at an average price of $23.40. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 04 ’24, Controlled affiliate Blue Owl Exchange LP bought 1,838,539 shares of the business’s stock. A total of $32,431,828 was incurred on buying the stock at an average price of $17.64. A total of 2.13% of the company’s stock is owned by insiders.
During the past 12 months, Blue Owl Capital Inc has had a low of $13.01 and a high of $24.17. As of last week, the company has a debt-to-equity ratio of 1.45, a current ratio of 1.17, and a quick ratio of 1.17. According to the stock market information, the enterprise value for the company is $19646259200, which is based on a 134.20 price-to-earnings ratio, a 7.46 price-to-earnings-growth ratio, and a beta of 1.13. The fifty day moving average price for OWL is $20.3912 and a two-hundred day moving average price translates $18.55545 for the stock.
The latest earnings results from Blue Owl Capital Inc (NYSE: OWL) was released for 2024-09-30. The net profit margin was 4.95% and return on equity was 6.03% for OWL. The company reported revenue of $600.88 million for the quarter, compared to $429.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.85 percent. For the current quarter, analysts expect OWL to generate $626.01M in revenue.
