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 6,815 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
9% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 46
2% less funds holding
Funds holding: 381 [Q2] → 373 (-8) [Q3]
4.58% less ownership
Funds ownership: 45.06% [Q2] → 40.48% (-4.58%) [Q3]
15% less capital invested
Capital invested by funds: $2.7B [Q2] → $2.3B (-$392M) [Q3]
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
6%
downside
Avg. target
$15.17
2%
upside
High target
$17
15%
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 | 6%downside $14 | Underperform Downgraded | 12 Dec 2024 |
RBC Capital Kenneth Lee 64% 1-year accuracy 38 / 59 met price target | 15%upside $17 | Outperform Reiterated | 19 Nov 2024 |
Wells Fargo Finian O'Shea 66% 1-year accuracy 23 / 35 met price target | 2%downside $14.50 | Underweight Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 8 articles about OBDC published over the past 30 days
Neutral
PRNewsWire
12 hours ago
Blue Owl Capital Corporation Completes Merger with Blue Owl Capital Corporation III
Creates the second largest publicly traded BDC by total assets NEW YORK , Jan. 13, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) today announced the closing of its merger with Blue Owl Capital Corporation III ("OBDE"), with OBDC as the surviving company. This merger now makes OBDC the second largest externally-managed, publicly traded BDC by total assets with $18.6 billion of total assets at fair value and investments in 232 portfolio companies, on a pro forma combined basis as of September 30, 2024.
Neutral
Seeking Alpha
3 days ago
How To Invest $1 Million For Sustainable Retirement Passive Income
Retiring on $1 million is increasingly challenging. Doing it with dividends can make it more feasible. I share two approaches to retiring on dividends with $1 million.
Neutral
PRNewsWire
5 days ago
Blue Owl Capital Corporation and Blue Owl Capital Corporation III Announce Shareholder Approvals of Merger
NEW YORK , Jan. 8, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) and Blue Owl Capital Corporation III (NYSE: OBDE) today announced that each company obtained shareholder approval of all proposals related to the previously announced merger between the two companies at their respective shareholder meetings held today. Shareholders voted overwhelmingly in favor of the proposed transaction, with over 97% of OBDC votes cast and nearly 100% of OBDE votes cast, respectively, voting in favor of the proposals related to the merger.
Positive
Seeking Alpha
1 week ago
My Top 10 BDCs For 2025
Despite expected interest rate declines, BDCs are poised for strong performance in 2025 due to potential rate hikes and inflation uncertainties. BDCs provide capital to small businesses, have high yields, and are sensitive to interest rate changes, making them attractive for dividend-focused investors. Top BDCs like Ares Capital, Main Street Capital, and Blackstone Secured Lending show strong fundamentals, conservative management, and solid balance sheets.
Positive
Seeking Alpha
1 week ago
3 High-Yield Asset Classes For Dividend Investors In 2025
Traditional dividend valuation methods may not apply to all asset classes. Business Development Companies like Blue Owl Capital offer high yields through diverse debt investments, benefiting from higher interest rates and defensive portfolio structures. REITs, despite current underperformance, present opportunities for high yields and potential capital appreciation, especially with future interest rate cuts.
Positive
Seeking Alpha
2 weeks ago
2 Magnificent Dividend Deals For A Rich Retirement
Market volatility offers value investors opportunities, with Blue Owl Capital Corp. and W.P. Carey providing high yields and stable income. OBDC gives a 10.9% covered total annualized dividend yield, diversified portfolio, and prudent financial management, making it a solid choice for income-focused investors. WPC offers a 6.5% yield, supported by mission-critical real estate assets, long-term leases, and inflation-resilient rent escalators for steady income and growth.
Neutral
Business Wire
3 weeks 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
4 weeks 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 month 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 month 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.
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