Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | Outperform → Mkt Perform | Raymond James | |
5/10/2024 | $16.00 → $17.00 | Outperform | Hovde Group |
1/8/2024 | $15.50 | Buy → Neutral | B. Riley Securities |
7/28/2023 | $15.25 | Buy | B. Riley Securities |
4 - Blue Owl Capital Corp (0001655888) (Issuer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
8-K - Blue Owl Capital Corp (0001655888) (Filer)
8-K - Blue Owl Capital Corp (0001655888) (Filer)
497AD - Blue Owl Capital Corp (0001655888) (Filer)
497AD - Blue Owl Capital Corp (0001655888) (Filer)
497AD - Blue Owl Capital Corp (0001655888) (Filer)
FWP - Blue Owl Capital Corp (0001655888) (Subject)
497AD - Blue Owl Capital Corp (0001655888) (Filer)
8-K - Blue Owl Capital Corp (0001655888) (Filer)
10-Q - Blue Owl Capital Corp (0001655888) (Filer)
EFFECT - Blue Owl Capital Corp (0001655888) (Filer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
3 - Blue Owl Capital Corp (0001655888) (Issuer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
KBRA assigns a rating of BBB+ to Blue Owl Capital Corporation's (NYSE:OBDC, 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 experienced management team that has decades of experience working in the private markets has built a high credit quality direct lending platform to finance mainly sponsor-backed portfolio companies in the upper middle market.
Wingspire Equipment Finance, a prominent large-ticket equipment financing company, has announced a $35 million equipment financing deal with a top sponsor-backed medical technology company. This client aims to transform the filling and finishing process for sterile liquid medicines and vaccines. The financing will enable the purchase of several custom Blow-Fill-Seal (BFS) machines, significantly boosting production capacity. The medical technology company specializes in helping pharmaceutical manufacturers design rapidly scalable, cost-efficient drug delivery systems. The company recently made monumental innovations in its prefilled injection devices, reducing costs by nearly 50%. This adv
NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE:OBDE, or the ", Company", )) today announced financial results for its third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Third quarter net investment income ("NII") per share of $0.41, in-line with the prior quarter and exceeding the regular dividend of $0.35 per share by 17%As previously announced in January, the Board of Directors (the "Board") declared five special dividends of $0.06 per share; the third of which will be payable on or before December 13, 2024 to shareholders of record as of November 29, 202410.6%1 annualized dividend yield based on third quarter net asset value ("NAV") per s
NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC, or the "Company") today announced financial results for its third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Third quarter net investment income ("NII") per share of $0.47, exceeding the regular dividend of $0.37 per share by 27% and generating an ROE of 12.4%Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a third quarter supplemental dividend of $0.05 per shareTotal dividends for the third quarter were $0.42 per share, representing an 11.0% annualized dividend yield based on third quarter net asset value ("NAV") per shareNAV per share of $15.2
Over $4.5 billion in financing commitments across Wingspire Equipment Finance and Wingspire Corporate FinanceNEW YORK, Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) announced the five-year anniversary of its investment in Wingspire Capital ("Wingspire"), a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance. Blue Owl Capital Corporation launched Wingspire in the fall of 2019 and has increased its support steadily since then. Since inception, Wingspire has closed over $4.5 billion in financing commitments. Blue Owl Capital Corporation is keen to continue supporting both Wingspire Equipment F
NEW YORK, Oct. 2, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, 2024 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, November 7, 2024 at 10:00 a.m. Eastern Time to discuss its third quarter ended September 30, 2024 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Events section of OBDC's website at www.blueowlcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants
Wingspire Equipment Finance, a large-ticket equipment finance company, announced the successful completion of its inaugural asset-backed securitization (ABS), WEF 2024-1. The transaction raised $201 million and was the first inaugural large-ticket equipment ABS to receive ratings from a major rating agency. The transaction included five classes of notes, with the uppermost classes receiving the highest achievable ratings of F1+/K1+ and AAA from Fitch Ratings and Kroll Bond Rating Agency. The transaction was backed by a diverse portfolio of equipment loans and leases spanning numerous industries. The transaction was more than 3x oversubscribed, reflecting strong investor demand. The invest
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE:OBDE, or the ", Company", ))) today announced financial results for its second quarter ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Second quarter net investment income ("NII") per share of $0.41, which exceeds the second quarter regular dividend of $0.35 per share by over 15%As previously announced in January, the Board of Directors (the "Board") declared five special dividends of $0.06 per share; the second of which will be payable on or before September 13, 2024 to shareholders of record as of August 30, 202410.5% annualized dividend yield based on second quarter net asset value ("NAV") per share1NAV per
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC, or the ", Company", ))) today announced financial results for its second quarter ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Second quarter net investment income ("NII") per share of $0.48, exceeded the regular dividend by approximately 30%Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a second quarter supplemental dividend of $0.06 per shareTotal dividends for the second quarter were $0.43 per share, representing an 11.2% annualized dividend yield based on second quarter net asset value ("NAV") per shareNAV per share of $15.36, up $0.10 compared to June 30
Merger of two high-quality, diversified portfolios with substantial investment overlap significantly enhances scale Will create second largest publicly traded BDC by total assets, with $18.4 billion of total assets on a pro forma basis at fair value NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) and Blue Owl Capital Corporation III (NYSE:OBDE) today announced that they have entered into a definitive merger agreement, with OBDC as the surviving company, subject to certain shareholder approvals and other customary closing conditions. Following the recommendation of each of their special committees, the boards of directors of both OBDC and OBDE have unanimously
Raymond James downgraded Blue Owl Capital from Outperform to Mkt Perform
Hovde Group reiterated coverage of Blue Owl Capital with a rating of Outperform and set a new price target of $17.00 from $16.00 previously
B. Riley Securities downgraded Blue Owl Capital from Buy to Neutral and set a new price target of $15.50
B. Riley Securities initiated coverage of Blue Owl Capital with a rating of Buy and set a new price target of $15.25
NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE:OBDE, or the ", Company", )) today announced financial results for its third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Third quarter net investment income ("NII") per share of $0.41, in-line with the prior quarter and exceeding the regular dividend of $0.35 per share by 17%As previously announced in January, the Board of Directors (the "Board") declared five special dividends of $0.06 per share; the third of which will be payable on or before December 13, 2024 to shareholders of record as of November 29, 202410.6%1 annualized dividend yield based on third quarter net asset value ("NAV") per s
NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC, or the "Company") today announced financial results for its third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Third quarter net investment income ("NII") per share of $0.47, exceeding the regular dividend of $0.37 per share by 27% and generating an ROE of 12.4%Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a third quarter supplemental dividend of $0.05 per shareTotal dividends for the third quarter were $0.42 per share, representing an 11.0% annualized dividend yield based on third quarter net asset value ("NAV") per shareNAV per share of $15.2
NEW YORK, Oct. 2, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, 2024 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, November 7, 2024 at 10:00 a.m. Eastern Time to discuss its third quarter ended September 30, 2024 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Events section of OBDC's website at www.blueowlcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE:OBDE, or the ", Company", ))) today announced financial results for its second quarter ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Second quarter net investment income ("NII") per share of $0.41, which exceeds the second quarter regular dividend of $0.35 per share by over 15%As previously announced in January, the Board of Directors (the "Board") declared five special dividends of $0.06 per share; the second of which will be payable on or before September 13, 2024 to shareholders of record as of August 30, 202410.5% annualized dividend yield based on second quarter net asset value ("NAV") per share1NAV per
NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC, or the ", Company", ))) today announced financial results for its second quarter ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Second quarter net investment income ("NII") per share of $0.48, exceeded the regular dividend by approximately 30%Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a second quarter supplemental dividend of $0.06 per shareTotal dividends for the second quarter were $0.43 per share, representing an 11.2% annualized dividend yield based on second quarter net asset value ("NAV") per shareNAV per share of $15.36, up $0.10 compared to June 30
Merger of two high-quality, diversified portfolios with substantial investment overlap significantly enhances scale Will create second largest publicly traded BDC by total assets, with $18.4 billion of total assets on a pro forma basis at fair value NEW YORK, Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) and Blue Owl Capital Corporation III (NYSE:OBDE) today announced that they have entered into a definitive merger agreement, with OBDC as the surviving company, subject to certain shareholder approvals and other customary closing conditions. Following the recommendation of each of their special committees, the boards of directors of both OBDC and OBDE have unanimously
NEW YORK, July 3, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) ("OBDC") today announced it will release its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, August 8, 2024 at 10:00 a.m. Eastern Time to discuss its second quarter ended June 30, 2024 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Events section of OBDC's website at www.blueowlcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants are also inv
NEW YORK, May 8, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC, or the ", Company", ))) today announced financial results for its first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS First quarter net investment income ("NII") per share of $0.47, exceeding the regular dividend by over 25%As a result, the Board of Directors (the "Board") declared a first quarter supplemental dividend of $0.05 per shareTotal dividends for the first quarter were $0.42 per share, representing a 10.9% annualized dividend yield based on first quarter net asset value ("NAV") per shareNAV per share increased to $15.47 compared to $15.45 as of December 31, 2023, which represents the Compa
NEW YORK, April 8, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) ("OBDC") today announced it will release its financial results for the first quarter ended March 31, 2024 on Wednesday, May 8, 2024 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, May 9, 2024 at 10:00 a.m. Eastern Time to discuss its first quarter ended March 31, 2024 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Events section of OBDC's website at www.blueowlcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants are also invited
NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC, or the "Company") today announced financial results for its full year and fourth quarter ended December 31, 2023. HIGHLIGHTS FOR FULL YEAR AND QUARTER ENDED DECEMBER 31, 2023 Fourth quarter net investment income ("NII") per share of $0.51, which represents the fourth consecutive quarter of record NII for the CompanyAs a result, Board declared a fourth quarter supplemental dividend of $0.08 per shareTotal dividends for the fourth quarter were $0.43 per share, which represents an approximately 11% annualized yield based on fourth quarter net asset value ("NAV") per shareTotal dividends of $1.59 per share paid to
Keefe, Bruyette & Woods analyst Paul Johnson downgrades Blue Owl Capital (NYSE:OBDC) from Outperform to Market Perform and announces $16 price target.
4 analysts have shared their evaluations of Blue Owl Capital (NYSE:OBDC) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 0 0 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 0 1 0 0 0 Analysts have recently evaluated Blue Owl Capital and provided 12-month price targets. The average target is $16.75, accompanied by a high estimate of $18.00 and a low estimate of $16.00. Witnessing
RBC Capital analyst Kenneth Lee maintains Blue Owl Capital (NYSE:OBDC) with a Outperform and raises the price target from $16 to $17.
Truist Securities analyst Mark Hughes maintains Blue Owl Capital (NYSE:OBDC) with a Buy and raises the price target from $16 to $18.
Blue Owl Capital (NYSE:OBDC) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.48 by 2.08 percent.
In the preceding three months, 4 analysts have released ratings for Blue Owl Capital (NYSE:OBDC), presenting a wide array of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 1 1 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 1 0 3M Ago 0 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $15.5, along with a high estimate of $16.00 and a low estimate of $14.50. Mark
JMP Securities analyst Devin Ryan reiterates Blue Owl Capital (NYSE:OBDC) with a Market Outperform and maintains $16 price target.
JMP Securities analyst Devin Ryan maintains Blue Owl Capital (NYSE:OBDC) with a Market Outperform and raises the price target from $15.5 to $16.