In yesterday’s Wall Street session, Blue Owl Capital Inc (NYSE:OWL) shares traded at $24.31, down -2.02% from the previous session.
OWL stock price is now 5.48% away from the 50-day moving average and 25.49% away from the 200-day moving average. The market capitalization of the company currently stands at $36.31B.
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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, NBSH Blue Investments II, LLC, 10% Owner bought 2,511,659 shares of the company’s stock on Dec 02 ’24. The stock was bought for $57,868,623 at an average price of $23.04. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Controlled affiliate Blue Owl Exchange LP bought 1,700,000 shares of the business’s stock. A total of $40,341,000 was incurred on buying the stock at an average price of $23.73. A total of 2.18% of the company’s stock is owned by insiders.
During the past 12 months, Blue Owl Capital Inc has had a low of $14.28 and a high of $25.03. 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 $20481853440, which is based on a 142.83 price-to-earnings ratio, a 8.51 price-to-earnings-growth ratio, and a beta of 1.13. The fifty day moving average price for OWL is $22.9756 and a two-hundred day moving average price translates $19.34155 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.
