In the last trading session, 7.28 million Blue Owl Capital Inc. (NYSE:OWL) shares changed hands as the company’s beta touched 1.29. With the company’s per share price at $12.84 changed hands at -$0.05 or -0.39% during last session, the market valuation stood at $16.85B. OWL’s last price was a discount, traded about -9.35% off its 52-week high of $14.04. The share price had its 52-week low at $8.06, which suggests the last value was 37.23% up since then. When we look at Blue Owl Capital Inc.’s average trading volume, we note the 10-day average is 4.84 million shares, with the 3-month average coming to 3.25 million.
Analysts gave the Blue Owl Capital Inc. (OWL) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.90. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended OWL as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Blue Owl Capital Inc.’s EPS for the current quarter is expected to be $0.16.
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Blue Owl Capital Inc. (NYSE:OWL) trade information
Instantly OWL was in red as seen at the end of in last trading. With action 6.20%, the performance over the past five days has been green. The drop to weekly highs of 13.02 on Monday, 09/18/23 subtracted -0.39% to the stock’s daily price. The company’s shares are showing year-to-date upside of 21.13%, with the 5-day performance at 6.20% in the green. However, in the 30-day time frame, Blue Owl Capital Inc. (NYSE:OWL) is 17.80% up. Looking at the short shares, we see there were 19.56 million shares sold at short interest cover period of 7.19 days.
The consensus price target for the stock as assigned by Wall Street analysts is $15.00, meaning bulls need an upside of 14.4% from its current market value. According to analyst projections, OWL’s forecast low is $13.00 with $18.00 as the target high. To hit the forecast high, the stock’s price needs a -40.19% plunge from its current level, while the stock would need to soar -1.25% for it to hit the projected low.
Blue Owl Capital Inc. (OWL) estimates and forecasts
Data shows that the Blue Owl Capital Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 25.51% over the past 6 months, a 22.64% in annual growth rate that is considerably higher than the industry average of 1.50%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for Blue Owl Capital Inc. will rise 14.30%, while the growth in revenue is estimated to hit 20.00% for the next quarter. Year-over-year growth is forecast to reach 14.90% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of $411.67 million. 5 analysts are of the opinion that Blue Owl Capital Inc.’s revenue for the quarter ending Dec 2023 will be $435.44 million. The company’s revenue for the corresponding quarters a year ago was $370.99 million and $395.51 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.00%. The estimates for the next quarter sales put growth at 10.10%.
The 2023 estimates are for Blue Owl Capital Inc. earnings to increase by 98.00%, but the outlook for the next 5-year period is at 21.21% per year.
OWL Dividends
Blue Owl Capital Inc. is expected to release its next quarterly earnings report between November 03 and November 06. The 4.36% annual yield figure for the share gives it an annual dividend of 0.56. It is important to note, however, that the 4.36% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.