Zacks Research Has Pessimistic View of OBDC FY2026 Earnings

Blue Owl Capital Corporation (NYSE:OBDC - Free Report) - Zacks Research lowered their FY2026 earnings per share (EPS) estimates for Blue Owl Capital in a research report issued on Wednesday, October 22nd. Zacks Research analyst Team now anticipates that the company will post earnings of $1.50 per share for the year, down from their previous forecast of $1.52. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Blue Owl Capital's current full-year earnings is $1.71 per share.

Several other analysts have also recently issued reports on OBDC. LADENBURG THALM/SH SH raised Blue Owl Capital to a "strong-buy" rating in a research note on Friday, August 8th. Raymond James Financial set a $14.00 target price on Blue Owl Capital and gave the company an "outperform" rating in a research note on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $15.21.

Blue Owl Capital Stock Up 0.4%

OBDC opened at $13.01 on Friday. The company has a market cap of $6.65 billion, a P/E ratio of 8.62 and a beta of 0.75. The business's 50-day moving average price is $13.51 and its 200-day moving average price is $14.03. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.20. Blue Owl Capital has a 12 month low of $12.04 and a 12 month high of $15.73.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.01. The business had revenue of $485.84 million during the quarter, compared to analyst estimates of $480.42 million. Blue Owl Capital had a return on equity of 11.24% and a net margin of 38.29%.

Blue Owl Capital Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, August 29th. This is a positive change from Blue Owl Capital's previous quarterly dividend of $0.01. Blue Owl Capital's dividend payout ratio (DPR) is presently 98.01%.

Institutional Investors Weigh In On Blue Owl Capital

A number of institutional investors have recently made changes to their positions in OBDC. Kingstone Capital Partners Texas LLC bought a new stake in shares of Blue Owl Capital in the 2nd quarter worth $734,619,000. Oregon Public Employees Retirement Fund increased its holdings in shares of Blue Owl Capital by 222.0% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 16,098,695 shares of the company's stock worth $236,007,000 after purchasing an additional 11,098,695 shares in the last quarter. State of New Jersey Common Pension Fund A bought a new stake in shares of Blue Owl Capital in the 2nd quarter worth $218,884,000. Bank of America Corp DE increased its holdings in shares of Blue Owl Capital by 4.3% in the 2nd quarter. Bank of America Corp DE now owns 12,463,438 shares of the company's stock worth $178,726,000 after purchasing an additional 517,294 shares in the last quarter. Finally, Cresset Asset Management LLC raised its position in Blue Owl Capital by 85.8% in the 1st quarter. Cresset Asset Management LLC now owns 8,248,547 shares of the company's stock worth $123,979,000 after buying an additional 3,809,000 shares during the last quarter. Hedge funds and other institutional investors own 42.83% of the company's stock.

Blue Owl Capital Company Profile

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.

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