Blue Owl Capital (OBDC) to Release Earnings on Wednesday

Blue Owl Capital (NYSE:OBDC - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $395.24 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Blue Owl Capital Trading Up 0.5 %

Shares of NYSE OBDC traded up $0.08 during midday trading on Friday, hitting $15.38. The stock had a trading volume of 2,583,944 shares, compared to its average volume of 3,129,870. The company has a market capitalization of $6.00 billion, a price-to-earnings ratio of 9.55 and a beta of 0.83. Blue Owl Capital has a 1-year low of $13.98 and a 1-year high of $16.91. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.30. The company has a fifty day moving average price of $15.09 and a 200 day moving average price of $14.97.

Wall Street Analyst Weigh In

OBDC has been the topic of several research analyst reports. Citizens Jmp raised Blue Owl Capital to a "strong-buy" rating in a research note on Monday, February 3rd. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $17.00 price objective on shares of Blue Owl Capital in a research note on Tuesday, November 19th. Keefe, Bruyette & Woods reiterated an "underperform" rating and set a $14.00 target price (down from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Wells Fargo & Company raised their target price on Blue Owl Capital from $14.00 to $14.50 and gave the company an "underweight" rating in a report on Tuesday, October 29th. Finally, JMP Securities raised their target price on Blue Owl Capital from $16.50 to $17.00 and gave the company a "market outperform" rating in a report on Tuesday, February 4th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $16.08.

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.