12:50 PM EST, 11/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our 12-month target by $5 to $20 applying a narrower risk premium and a forward P/E of 20.0x compared to the 10-year historic average at 25.8x. We lower our 2025 EPS estimate by $0.05 to $0.85 and 2026 by $0.05 to $1.00 on projected revenue of $2.74B and $3.24B, respectively. On the earnings call, OWL stated it was not seeing anything that would indicate weakness in consumer credit. In its direct lending unit, OWL is seeing an uptick in the pipeline for deployment and the firm is finding high-quality investment opportunities, generally underwriting to high-single-digit unlevered returns despite tighter spread dynamics industrywide. In the last 12 months, OWL has been focused on deploying $5B in small business, equipment leasing, aviation, and consumer transactions. OWL has invested in the last two months in data center real assets in two transactions with established technology partners. With concerns about private credit, the shares have underperformed with a 5.7% dividend yield.