Blue Owl Capital Inc (NYSE:OWL)’s traded shares stood at 6.7 million during the last session, with the company’s beta value hitting 1.17. At the close of trading, the stock’s price was $22.97, to imply a decrease of -1.67% or -$0.39 in intraday trading. The OWL share’s 52-week high remains $24.17, putting it -5.22% down since that peak but still an impressive 47.28% since price per share fell to its 52-week low of $12.11. The company has a valuation of $12.89B, with an average of 5.57 million shares in intraday trading volume over the past 10 days and average of 5.53 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Blue Owl Capital Inc (OWL), translating to a mean rating of 1.57. Of 8 analyst(s) looking at the stock, 0 analyst(s) give OWL a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.2.
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Blue Owl Capital Inc (NYSE:OWL) trade information
After registering a -1.67% downside in the last session, Blue Owl Capital Inc (OWL) has traded red over the past five days. The 5-day price performance for the stock is -3.69%, and 21.21% over 30 days. With these gigs, the year-to-date price performance is 54.16%. Short interest in Blue Owl Capital Inc (NYSE:OWL) saw shorts transact 45.32 million shares and set a 9.29 days time to cover.
The extremes give us $21 and $23 for target low and target high price respectively. As such, OWL has been trading -0.13% off suggested target high and 8.58% from its likely low.
Blue Owl Capital Inc (OWL) estimates and forecasts
Looking at statistics comparing Blue Owl Capital Inc share performance against respective industry, we note that the company has outperformed competitors. Blue Owl Capital Inc (OWL) shares are 22.25% up over the last 6 months, with its year-to-date growth rate higher than industry average at 20.00% against 5.40%. Revenue is forecast to grow 25.00% this quarter before jumping 22.20% for the next one. The rating firms project that company’s revenue will grow 25.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 563.45M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 615.38M.Earnings reports from the last fiscal year show that sales brought in 412.77M and 494.04M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 36.50% before jumping 24.60% in the following quarter.
OWL Dividends
Blue Owl Capital Inc has its next earnings report out on 2024-Oct-31. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Blue Owl Capital Inc has a forward dividend ratio of 0.64, with the share yield ticking at 2.79% to continue the rising pattern observed over the past year.
Blue Owl Capital Inc (NYSE:OWL)’s Major holders
Blue Owl Capital Inc insiders hold 0.04% of total outstanding shares, with institutional holders owning 92.64% of the shares at 92.67% float percentage. In total, 92.64% institutions holds shares in the company, led by CAPITAL WORLD INVESTORS. As of 2024-06-30, the company held over 68.09 million shares (or 13.941% of shares), all amounting to roughly $1.21 billion.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 45.49 million shares, or about 9.313% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $807.41 million.
We also have Growth Fund Of America Inc and American Balanced Fund as the top two Mutual Funds with the largest holdings of the Blue Owl Capital Inc (OWL) shares. Going by data provided on Sep 30, 2024 , Growth Fund Of America Inc holds roughly 25.97 shares. This is just over 4.63% of the total shares, with a market valuation of $596.61 million. Data from the same date shows that the other fund manager holds a little less at 25.94, or 4.62% of the shares, all valued at about 595.85 million.
