There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Blue Owl Capital Inc. (OWL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.16, or 1.25%, to $13.00. The Blue Owl Capital Inc. has recorded 81,074 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Mubadala Commits $1 Billion to Blue Owl Capital’s Technology Lending Strategy.
As a NYSE listed company, OWL falls under the Financial sector while operating within the Asset Management industry segment. At the end of the last regular session, the stock closed at $12.84 and fluctuated between $12.95 as its day high and $12.63 as its day low. The current market capitalization of Blue Owl Capital Inc. is $16.85B. A total of 7.28 million shares were traded on the day, compared to an average of 3.25M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, OWL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 6 BUYs and 0 SELLs from insiders. Insiders purchased 457,153 shares during that period but sold 0.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Blue Owl Capital Inc. pays an annual dividend of $0.56, resulting in a dividend yield of 4.36%, and it has a price to earnings (P/E) ratio of 237.78. OWL’s most recent ex-dividend date was 8/18/2023 when it declared a $0.14 quarterly dividend that was paid in cash on 8/31/2023. Previously, the company paid the dividend on 5/31/2023 with an ex-dividend date of 5/18/2023. The OWL stock dividend was $0.14 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for OWL in the last 3 months, the mean price target is $15.00 with high estimates of $18.00 and low estimates of $13.00. In terms of 52-week highs and lows, OWL has a high of $14.04 and a low of $8.06.
As of this writing, OWL has an earnings estimate of $0.16 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.17 per share and a lower estimate of $0.16.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. OWL’s latest balance sheet shows that the firm has $42.57M in Cash & Short Term Investments as of fiscal 2021. There were $1.26B in debt and $223.94M in liabilities at the time. Its Book Value Per Share was $3.42, while its Total Shareholder’s Equity was $5.85B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OWL is Buy with a score of 4.50.