In the last trading session, 5.06 million shares of the Blue Owl Capital Inc (NYSE:OWL) were traded, and its beta was 1.25. Most recently the company’s share price was $18.70, and it changed around $0.25 or 1.36% from the last close, which brings the market valuation of the company to $8.71B. OWL currently trades at a discount to its 52-week high of $19.87, offering almost -6.26% off that amount. The share price’s 52-week low was $9.70, which indicates that the current value has risen by an impressive 48.13% since then. We note from Blue Owl Capital Inc’s average daily trading volume that its 3-month average coming to 4.63 million.
Blue Owl Capital Inc (NYSE:OWL) trade information
Instantly OWL has showed a green trend with a performance of 1.36% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 25.50% year-to-date, but still up 1.91% over the last five days. On the other hand, Blue Owl Capital Inc (NYSE:OWL) is 2.52% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $22, which translates to bulls needing to increase their stock price by 15.0% from its current value. Analyst projections state that OWL is forecast to be at a low of $21 and a high of $23.
Blue Owl Capital Inc (OWL) estimates and forecasts
Blue Owl Capital Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 51.17 percent over the past six months and at a 29.23% annual growth rate that is well above the industry average of 7.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 6.70% in revenue this quarter, and will report an increase of 25.00% in the next quarter. The year-over-year growth rate is expected to be 22.90%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of $474.89 million in revenue for the current quarter. 8 analysts expect Blue Owl Capital Inc to make $509.36 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $377.4 million and $401.48 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 25.80%. Forecasts for the next quarter put sales growth at 26.90%.
Blue Owl Capital Inc earnings are expected to increase by 27.71% in 2024, but the outlook is positive 18.41% per year for the next five years.
OWL Dividends
Blue Owl Capital Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.99 percent and its annual dividend per share was 0.56. It is important to note, however, that the 2.99% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
