Zacks Research Has Positive Outlook of OBDC FY2026 Earnings

Key Points

• Zacks Research raised its FY2026 EPS forecast for Blue Owl Capital to $1.28 from $1.25, close to the $1.29 consensus estimate.
• Blue Owl Capital’s latest quarterly results exceeded expectations, with EPS of $0.34 versus $0.32 expected and revenue of $396 million versus $394.23 million estimated.
• The company declared a quarterly dividend of $0.31, equating to an annualized $1.24 payout and an approximately 11% dividend yield; analysts maintain a “Moderate Buy” consensus with a $13 average price target.

Blue Owl Capital Corporation (NYSE:OBDC - Free Report) - Research analysts at Zacks Research raised their FY2026 earnings estimates for Blue Owl Capital in a research note issued to investors on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.28 for the year, up from their prior forecast of $1.25. The consensus estimate for Blue Owl Capital's current full-year earnings is $1.29 per share.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $396.00 million for the quarter, compared to analyst estimates of $394.23 million. Blue Owl Capital had a net margin of 16.99% and a return on equity of 9.49%. During the same quarter in the previous year, the firm posted $0.40 earnings per share.

OBDC has been the topic of several other research reports. Wells Fargo & Company dropped their target price on Blue Owl Capital from $12.00 to $11.00 and set an "equal weight" rating on the stock in a research report on Friday, May 8th. Wall Street Zen upgraded Blue Owl Capital from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. Truist Financial dropped their price objective on Blue Owl Capital from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Tuesday, May 19th. Capital One Financial set a $13.00 target price on Blue Owl Capital in a research note on Friday, July 24th. Finally, Lucid Cap Mkts raised Blue Owl Capital to a "strong-buy" rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Blue Owl Capital presently has a consensus rating of "Moderate Buy" and an average target price of $13.00.

Blue Owl Capital Stock Up 0.3%

Blue Owl Capital stock opened at $11.29 on Friday. Blue Owl Capital has a 1-year low of $10.52 and a 1-year high of $14.44. The firm has a market capitalization of $5.57 billion, a price-to-earnings ratio of 20.15 and a beta of 0.62. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.12. The firm has a 50 day simple moving average of $11.08 and a 200 day simple moving average of $11.21.

Blue Owl Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.24 annualized dividend and a dividend yield of 11.0%. Blue Owl Capital's dividend payout ratio is presently 221.43%.

Institutional Investors Weigh In On Blue Owl Capital

Institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc boosted its stake in Blue Owl Capital by 79.6% during the third quarter. IFP Advisors Inc now owns 2,096 shares of the company's stock valued at $27,000 after buying an additional 929 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Blue Owl Capital by 166.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,115 shares of the company's stock worth $27,000 after acquiring an additional 1,320 shares during the last quarter. FNY Investment Advisers LLC raised its holdings in shares of Blue Owl Capital by 440.0% in the 2nd quarter. FNY Investment Advisers LLC now owns 2,700 shares of the company's stock valued at $29,000 after acquiring an additional 2,200 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Blue Owl Capital during the 3rd quarter valued at about $30,000. Finally, AG Campbell Advisory LLC bought a new stake in shares of Blue Owl Capital during the 4th quarter valued at about $36,000. Hedge funds and other institutional investors own 42.83% of the company's stock.

Blue Owl Capital Company Profile

Blue Owl Capital Corporation NYSE: OBDC is a publicly traded business development company sponsored by Blue Owl Capital, a global alternative asset manager. Launched in 2020, the firm provides customized financing solutions to middle-market companies across various industries. As an externally managed BDC, Blue Owl Capital Corporation leverages the deep credit‐investment capabilities of its sponsor to deliver flexible capital tailored to the needs of growing businesses.

The company's investment activities span a range of private credit products, including first‐lien senior secured loans, unitranche facilities, second‐lien financings, mezzanine debt, and minority equity co-investments.

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