Research Analysts Set Expectations for OBDC FY2027 Earnings

Blue Owl Capital Corporation (NYSE:OBDC) – Research analysts at Zacks Research dropped their FY2027 EPS estimates for Blue Owl Capital in a research note issued to investors on Wednesday, August 26th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.27 per share for the year, down from their prior forecast of $1.28. The consensus estimate for Blue Owl Capital’s current full-year earnings is $1.29 per share. Zacks Research also issued estimates for Blue Owl Capital’s Q4 2027 earnings at $0.31 EPS and Q1 2028 earnings at $0.32 EPS.

Blue Owl Capital (NYSE:OBDC) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. Blue Owl Capital had a net margin of 16.99% and a return on equity of 9.49%. The firm had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $394.23 million. During the same period in the previous year, the business earned $0.40 earnings per share.

OBDC has been the topic of a number of other research reports. Lucid Cap Mkts upgraded Blue Owl Capital to a “strong-buy” rating in a report on Friday, July 24th. Wall Street Zen upgraded Blue Owl Capital from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Capital One Financial set a $13.00 target price on Blue Owl Capital in a research note on Friday, July 24th. Truist Financial dropped their target price 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. Finally, Wells Fargo & Company reduced their price target on shares of Blue Owl Capital from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Blue Owl Capital has a consensus rating of “Moderate Buy” and a consensus price target of $13.00.

Blue Owl Capital Price Performance

OBDC stock opened at $11.25 on Thursday. Blue Owl Capital has a one year low of $10.52 and a one year high of $14.44. The firm has a 50-day moving average of $11.07 and a two-hundred day moving average of $11.21. The firm has a market capitalization of $5.55 billion, a PE ratio of 20.09 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.

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Wednesday, September 30th. Blue Owl Capital’s dividend payout ratio (DPR) is currently 221.43%.

Institutional Trading of Blue Owl Capital

A number of institutional investors have recently bought and sold shares of OBDC. Next Capital Management LLC boosted its stake in shares of Blue Owl Capital by 407.0% during the 4th quarter. Next Capital Management LLC now owns 199,584 shares of the company’s stock worth $2,488,000 after acquiring an additional 160,221 shares in the last quarter. UBS Group AG increased its holdings in shares of Blue Owl Capital by 40.6% during the 4th quarter. UBS Group AG now owns 8,528,672 shares of the company’s stock valued at $106,011,000 after acquiring an additional 2,463,080 shares during the last quarter. Grange Capital LLC bought a new position in shares of Blue Owl Capital in the 4th quarter valued at approximately $1,203,000. Cary Street Partners Financial LLC raised its stake in shares of Blue Owl Capital by 207.5% in the 4th quarter. Cary Street Partners Financial LLC now owns 248,287 shares of the company’s stock valued at $3,086,000 after acquiring an additional 167,535 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in Blue Owl Capital in the 1st quarter worth approximately $1,925,000. Institutional investors and hedge funds own 42.83% of the company’s stock.

About Blue Owl Capital

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.