The recent month-over-month decline of Blue Owl Capital Inc. could present a chance to buy. The fund's impressive size, achieved through acquiring other companies and developing its own strategies, is noteworthy. Additionally, sustained high interest rates may lead to more profits from direct lending, while investing in digital infrastructure offers further growth potential.
OWL has dropped in value due to worries about a recession. However, these concerns are exaggerated and have opened up a great chance to buy. We are nearing an important technical point, and that's when I plan to invest heavily again.
In January, Blue Owl Capital finished merging with Blue Owl Capital Corporation III. In the fourth quarter of 2024, the quality of Blue Owl Capital's balance sheet improved, with a 0.3 percentage point decrease in non-accruals compared to the previous quarter. The dividend coverage ratio for the fourth quarter was 1.27 times, indicating that the dividend is strongly backed by net investment income.
I am raising my rating for Blue Owl Capital stock to Buy because of its growing permanent capital, impressive growth in fee-related earnings, and dedication to raising dividends. Recent earnings show a 75% increase in assets under management compared to last year, a 26% rise in fee-related earnings, and a 25% increase in dividends. Even with competition and economic challenges, OWL's steady recurring fees and expected low-double-digit annual growth until 2027 make it an attractive investment.
Marc Lipschultz, co-CEO of Blue Owl Capital, talks about the company's plan to purchase as much as $2.4 billion in consumer loans from Pagaya Technologies, as well as the future of the private credit market and investments in AI. In an interview with Vonnie Quinn, Lipschultz mentions, "We have all the pieces we need for the chessboard" when discussing their strategy for acquisitions.
Blue Owl Capital Inc. (OWL) reported quarterly earnings of $0.21 per share, matching the Zacks Consensus Estimate. This is an increase compared to earnings of $0.18 per share from the same period last year.
On February 6, 2025, Blue Owl Capital Inc. (NYSE:OWL) announced its financial results for the fourth quarter that ended on December 31, 2024. The company highlighted that 2024 was a remarkable year, achieving record levels of fundraising and investment, with assets under management exceeding $250 billion.
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance is happy to share that it has successfully funded more than $20 million for a worldwide plastic manufacturing firm. This Equipment Finance Agreement (EFA) allows the company to purchase injection molding machines, enhancing its production abilities to satisfy increasing customer needs. The manufacturer, supported by a well-known private equity firm, offers advanced plastic manufacturing solutions for the medical industry.
On January 21, 2025, Blue Owl Capital Inc. (NYSE: OWL) announced that Doug Ostrover, the co-CEO, will speak at the Bank of America 2025 Financial Services Conference on February 11, 2025, at 11:20 am ET. You can watch the presentation live on the Shareholders section of Blue Owl's website at ir.blueowl.com.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has given a BBB rating to Blue Owl Technology Finance Corp. ("OTF" or "the company") for its $650 million, 6.100% senior unsecured notes that are due on March 15, 2028. The rating outlook is Stable. OTF is supported by its connection to the $128.4 billion Blue Owl Credit platform, which has invested around $27 billion in technology strategies across all funds since it started.