Blue Owl Capital Inc (NYSE:OWL) shares, rose in value, with the stock price down by -3.20% to the previous day’s close as strong demand from buyers drove the stock to $22.36.
Actively observing the price movement in the last trading, the stock closed the session at $23.10, falling within a range of $21.4 and $23.51. The value of beta (5-year monthly) was 1.175 whereas the PE ratio was 122.45 over 12-month period. Referring to stock’s 52-week performance, its high was $24.17, and the low was $12.19. On the whole, OWL has fluctuated by 13.50% over the past month.
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With the market capitalization of Blue Owl Capital Inc currently standing at about $32.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.64, with its dividend yield at 2.86%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.17B, with a low estimate of 542.35M and a high estimate of 574.43M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 563.45M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OWL’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.83, with the price of OWL currently trading nearly 0.24% and 13.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.56, while the 7-day volatility ratio is showing 3.89% which for the 30-day chart, stands at 3.09%. Furthermore, Blue Owl Capital Inc (OWL)’s beta value is 1.17, and its average true range (ATR) is 0.71.
A comparison of Blue Owl Capital Inc (OWL) with its peers suggests the former has fared considerably weaker in the market. OWL showed an intraday change of -3.20% in last session, and over the past year, it grew by 81.35%%.
Data on historical trading for Blue Owl Capital Inc (NYSE:OWL) indicates that the trading volumes over the past 10 days have averaged 6.68 and over the past 3 months, they’ve averaged 5.60 million. According to company’s latest data on outstanding shares, there are 561.14 million shares outstanding.
Nearly 2.13% of Blue Owl Capital Inc’s shares belong to company insiders and institutional investors own 89.88% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 43.49 million shares as on 2024-10-15, resulting in a short ratio of 8.77. According to the data, the short interest in Blue Owl Capital Inc (OWL) stood at 874.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 39.91 million. The stock has risen by 50.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OWL stock heading into the next quarter.
