Blue Owl CapitalOBDC
OBDC
About: Blue Owl Capital Corp is a specialty finance company and business development company (BDC) focused on providing direct lending solutions to U.S. middle-market companies. The company seeks to generate current income and, to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns, including senior secured, subordinated, or mezzanine loans and equity-related instruments. Its investment strategies are intended to generate favorable returns across credit cycles with an emphasis on preserving capital.
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 116
3% less call options, than puts
Call options by funds: $23.4M | Put options by funds: $24.2M
2% less funds holding
Funds holding: 381 [Q2] → 373 (-8) [Q3]
4.53% less ownership
Funds ownership: 44.43% [Q2] → 39.9% (-4.53%) [Q3]
15% less capital invested
Capital invested by funds: $2.66B [Q2] → $2.27B (-$387M) [Q3]
16% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 50
20% less funds holding in top 10
Funds holding in top 10: 20 [Q2] → 16 (-4) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
10%
downside
Avg. target
$15.17
2%
downside
High target
$17
10%
upside
3 analyst ratings
1 positive
33%
0 neutral
0%
2 negative
67%
Keefe, Bruyette & Woods Paul Johnson 82% 1-year accuracy 9 / 11 met price target | 10%downside $14 | Underperform Downgraded | 12 Dec 2024 |
RBC Capital Kenneth Lee 69% 1-year accuracy 45 / 65 met price target | 10%upside $17 | Outperform Reiterated | 19 Nov 2024 |
Wells Fargo Finian O'Shea 56% 1-year accuracy 20 / 36 met price target | 6%downside $14.50 | Underweight Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 5 articles about OBDC published over the past 30 days
Neutral
Business Wire
6 days ago
Flagship Agriculture Manufacturing Facility Receives $10 Million in Equipment Financing from Wingspire Equipment Finance
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance is proud to announce that it has successfully structured $10,000,000 in equipment financing for a global leader in agricultural manufacturing. The funding will be used to update and refresh the client's flagship Canadian manufacturing facility. The client, a private equity-backed company, is a prominent global manufacturer and distributor of high-precision components and parts for agricultural soil preparation. They serve large OEM an.
Neutral
PRNewsWire
1 week ago
Blue Owl Capital Corporation III Declares Special Dividend of $0.52 Per Share
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE) today announced that its Board of Directors has declared a special dividend of $0.52 per share. The special dividend will be payable in cash on or before January 31, 2025 to shareholders of record as of December 31, 2024.
Positive
Seeking Alpha
1 week ago
I'm Putting +9% Yields Under My Income Tree
I've always loved seeing carefully wrapped gifts underneath the Christmas tree. I also love seeing income rain into my account. Don't miss out on wonderful memories because you missed buying cheap income streams. I love income; you need income, let's work together.
Positive
Seeking Alpha
1 week ago
Recurring Income: 2 Magnificent Bargains Up To 10% Yield
The current market environment favors value investors, with Schlumberger Ltd. and Blue Owl Capital Corp. offering compelling entry points. SLB's robust total return potential is driven by its global leadership in oilfield services, strong profitability, and growing digital segment. OBDC offers a high yield through its diversified, conservatively managed portfolio, supported by strong lender-borrower relationships and disciplined financial management.
Positive
Zacks Investment Research
2 weeks ago
Blue Owl Capital Corporation (OBDC) Up 3.4% Since Last Earnings Report: Can It Continue?
Blue Owl Capital Corporation (OBDC) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
1 month ago
BLUE OWL CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Blue Owl Capital Corporation III - OBDE
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Blue Owl Capital Corporation III (“OBDE” or the “Company”) (NYSE: OBDE) and Blue Owl Capital Corporation (NYSE: OBDC). Under the terms of the proposed transaction, shareholders of OBDE will receive newly issued shares of OBDC for each share of OBDE based on an exchange ratio determined prior to closing. KSF.
Neutral
Seeking Alpha
1 month ago
Investing In BDCs For 10%+ Yields? This Is What Matters Now
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open.
Neutral
Seeking Alpha
1 month ago
Ares Capital Vs Blue Owl Capital: Only One 9%+ Yield Is A Buy
Ares Capital Corp and Blue Owl Capital Corp are both high-quality, high-yield BDCs. I compare them side-by-side in this article. I share why only one is a buy right now.
Neutral
Seeking Alpha
1 month ago
BDC Weekly Review: Tax-Loss Season Is Approaching
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPVG surged nearly 20%, while PSEC dropped due to a bad quarter and distribution cut. Tax-loss season may pressure some securities; PSEC, HRZN, TPVG, TCPC, OCSL, GSBD, NMFC, and CSWC could weaken further by year-end.
Neutral
Business Wire
1 month ago
KBRA Assigns Rating to Blue Owl Capital Corporation's $400 Million Senior Unsecured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB+ to Blue Owl Capital Corporation's (NYSE: OBDC or "the company") $400 million, 5.95% senior unsecured notes due 2029. The Outlook for the rating is Stable. The company intends to use proceeds to pay down secured debt. Key Credit Considerations The rating is supported by OBDC's ties to the $128.4 billion Blue Owl Credit platform that maintains a strong reputation and leadership position in the $1.7 trillion private credit market. OBDC's exp.
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