Blue Owl Capital (NYSE:OWL) Releases Earnings Results, Meets Expectations

Blue Owl Capital (NYSE:OWL) posted its quarterly earnings data on Thursday. The company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22, FiscalAI reports. Blue Owl Capital had a net margin of 2.96% and a return on equity of 21.97%. The firm had revenue of $693.56 million during the quarter, compared to analysts’ expectations of $693.15 million.

Here are the key takeaways from Blue Owl Capital’s conference call:

• Second-quarter distributable earnings grew 9% year over year, while fee-related earnings reached $0.25 per share and distributable earnings $0.22 per share. Management reaffirmed its expectation to exceed 2026 consensus estimates of $1.02 FRE per share and $0.89 DE per share.
• Blue Owl raised $7.8 billion during the quarter and $50.5 billion over the last 12 months, with institutional and insurance investors accounting for roughly three-quarters of second-quarter equity fundraising. The company also cited $31 billion of AUM not yet paying fees, representing approximately $380 million of expected annual management fees as capital is deployed.
• Real assets continued to be the fastest-growing platform, with AUM up 25% and revenue up 27% year over year; net lease fundraising exceeded its $7.5 billion hard cap, while digital infrastructure expanded to more than 140 data centers and 15.3 gigawatts of capacity.
• Investment performance and credit health remained strong, including a 12-basis-point average annual realized loss rate in direct lending and strong returns from alternative credit, net lease, and non-traded real estate products. Management said redemptions at non-traded BDCs declined in the second quarter and evergreen inflows improved in the July 1 close.
• Direct-lending deployment remained roughly net zero amid moderate sponsor-led M&A activity, and management cautioned that wealth-channel recovery is unlikely to be V-shaped. Executives also acknowledged the possibility of normalization from unusually low credit losses, although they reported no meaningful deterioration in watch lists.

Blue Owl Capital Stock Performance

NYSE:OWL traded up $0.60 during mid-day trading on Thursday, hitting $10.15. The company had a trading volume of 40,924,362 shares, compared to its average volume of 14,634,301. Blue Owl Capital has a fifty-two week low of $7.95 and a fifty-two week high of $20.58. The business’s fifty day moving average is $9.50 and its two-hundred day moving average is $10.43. The firm has a market cap of $15.78 billion, a P/E ratio of 11.10, a P/E/G ratio of 1.03 and a beta of 1.22.

Blue Owl Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 9.1%. Blue Owl Capital’s payout ratio is 766.67%.

Trending Headlines about Blue Owl Capital

Here are the key news stories impacting Blue Owl Capital this week:

• Positive Sentiment: Blue Owl reported second-quarter earnings of $0.22 per share, in line with estimates and up from $0.21 a year earlier. Revenue of $693.6 million was slightly above consensus, supporting the stock’s upward move. Blue Owl Capital Inc. Second Quarter 2026 Results
• Positive Sentiment: The company declared a quarterly dividend of $0.23 per share, payable August 27 to shareholders of record August 13. The annualized payout implies a yield of approximately 9.1%, which may attract income-focused investors. Blue Owl Capital Dividend and Earnings
• Positive Sentiment: Blue Owl emphasized growth across multiple strategies and geographies. Real assets fundraising exceeded credit fundraising in the quarter, while withdrawals from lending vehicles eased, suggesting progress in reducing reliance on private credit. Blue Owl Leans Into Real Assets
• Positive Sentiment: Blue Owl-backed portfolio company CAIS raised $170 million at a valuation above $2 billion, highlighting the potential value of the firm’s alternative-investment platform exposure. CAIS Strategic Investment
• Neutral Sentiment: Blue Owl-affiliated data-center company Stack is reportedly seeking a $5.9 billion loan, indicating continued demand for financing tied to artificial-intelligence infrastructure, though it also leaves the firm exposed to large concentrated credit commitments. Blue Owl’s Stack Seeks $5.9 Billion Loan
• Negative Sentiment: Private-credit fundraising fell 37% and reached its slowest pace in three years. The fundraising slowdown and an assets-under-management shortfall versus expectations could limit future fee growth. Blue Owl Private Credit Fundraising
• Negative Sentiment: Analyst concerns about deteriorating dividend coverage and net asset value pressure prompted a downgrade to Hold, raising the risk of future payout reductions despite the newly declared dividend. Blue Owl Capital Rating Downgrade

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Credit Suisse Group set a $9.10 target price on Blue Owl Capital in a research report on Thursday, July 2nd. The Goldman Sachs Group decreased their price target on Blue Owl Capital from $14.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Piper Sandler lowered their price objective on Blue Owl Capital from $15.00 to $12.50 and set an “overweight” rating for the company in a research report on Tuesday, April 7th. Citizens Jmp lowered their price objective on Blue Owl Capital from $21.00 to $17.00 and set a “market outperform” rating for the company in a research report on Thursday, July 9th. Finally, Capital One Financial set a $11.00 price objective on Blue Owl Capital in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $13.16.

Hedge Funds Weigh In On Blue Owl Capital

Institutional investors have recently modified their holdings of the stock. Arax Advisory Partners acquired a new stake in shares of Blue Owl Capital in the 4th quarter valued at approximately $25,000. Toronto Dominion Bank acquired a new position in Blue Owl Capital during the fourth quarter valued at approximately $26,000. Lavaca Capital LLC bought a new stake in Blue Owl Capital in the fourth quarter valued at approximately $28,000. Los Angeles Capital Management LLC bought a new stake in Blue Owl Capital in the fourth quarter valued at approximately $41,000. Finally, Headlands Technologies LLC acquired a new stake in Blue Owl Capital in the second quarter worth $51,000. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Company Profile

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.