With 6.29 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.34 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $21.4199 whereas the lowest price it dropped to was $20.941. The 52-week range on OWL shows that it touched its highest point at $24.17 and its lowest point at $12.24 during that stretch. It currently has a 1-year price target of $24.14. With its current market cap of 29.44 billion, OWL has annualized dividend of $0.64 while the current yield stands at 3.05%. Beta for the stock currently stands at 1.14.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OWL was down-trending over the past week, with a drop of -8.98%, but this was up by 0.43% over a month. Three-month performance surged to 28.02% while six-month performance rose 14.03%. The stock gained 68.57% in the past year, while it has gained 40.74% so far this year. A look at the trailing 12-month EPS for OWL yields 0.19 with Next year EPS estimates of 0.93. For the next quarter, that number is 0.22. This implies an EPS growth rate of 20.15% for this year and 19.17% for next year.
Float and Shares Shorts:
At present, 561.14 million OWL shares are outstanding with a float of 549.18 million shares on hand for trading. On 2024-10-15, short shares totaled 43.49 million, which was 775.0 higher than short shares on 1726185600. In addition to Mr. Douglas Irving Ostrover as the firm’s Co-Founder, Chairman & Co-CEO, Mr. Marc S. Lipschultz serves as its Co-Founder, Co-CEO & Director.
Institutional Ownership:
Through their ownership of 0.92775 of OWL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, OWL reported revenue of $549848000.0 and operating income of $172553000.0. The EBITDA in the recently reported quarter was $243982000.0 and diluted EPS was $0.06.
