Recent Analyst Ratings for Blue Owl Capital Corporation
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/17/2025 | $14.00 → $15.00 | Underweight → Equal Weight | Wells Fargo |
| 12/12/2024 | $15.50 → $14.00 | Mkt Perform → Underperform | Keefe Bruyette |
| 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 |
Blue Owl Capital Corporation Press Releases
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Blue Owl Capital Corporation Reports Full Year Results and Fourth Quarter Net Investment Income Per Share of $0.47 and Net Asset Value Per Share of $15.26
NEW YORK, Feb. 19, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC, or the "Company") today announced financial results for its full year and fourth quarter ended December 31, 2024. FOURTH QUARTER 2024 HIGHLIGHTS Fourth quarter net investment income ("NII") per share of $0.47, in-line with the prior quarter and exceeding the regular dividend by 27%Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a fourth quarter supplemental dividend of $0.05 per shareTotal dividends for the fourth quarter were $0.42 per share, representing an annualized dividend yield of 11.0% based on fourth quarter net asset value ("NAV") per shareNAV per share
Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results
NEW YORK, Jan. 22, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Wednesday, February 19, 2025 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, February 20, 2025 at 10:00 a.m. Eastern Time to discuss its fourth quarter and fiscal year ended December 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 connecti
Blue Owl Capital Corporation Announces Preliminary Fourth Quarter Financial Results and Portfolio Update
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC, Company", )) today announced preliminary financial results and provided a portfolio update for the fourth quarter ended December 31, 2024. The Company has elected to provide these results in connection with the closing of the merger with Blue Owl Capital Corporation III ("OBDE") on January 13, 2025. "OBDC's and OBDE's standalone fourth quarter performance reflects the consistent strength of our portfolios and positive momentum heading into 2025," commented Craig W. Packer, Chief Executive Officer of OBDC. "The successful closing of the merger subsequent to quarter end further improves our ability to deliver att
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. The combined company will operate as Blue Owl Capital Corporation and continue to trade under the ticker "OBDC" on the New York Stock Exchange. Craig W. Packer, Chief Executive O
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. The transaction is expected to close on or around January 13, 2025, subject to the satisfaction of customary closing conditions. Craig W. Packer, Chief Exec
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend that Shareholders Vote "FOR" the Pending Merger between OBDC and OBDE
NEW YORK, Jan. 3, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) and Blue Owl Capital Corporation III (NYSE:OBDE) today announced that leading independent proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), have recommended that OBDE shareholders vote "FOR" the pending merger between OBDC and OBDE, and that OBDC shareholders vote "FOR" both proposals associated with the merger at upcoming special meetings on January 8, 2025. In its report dated January 2, 2025, ISS stated, "The strategic rationale for the merger appears sound. Specifically, the combined company will have increased scale that may improve trading dynamics and
Flagship Agriculture Manufacturing Facility Receives $10 Million in Equipment Financing from Wingspire Equipment Finance
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 and aftermarket channels and maintain an international presence in North America, Europe, and Latin America. The client is also recognized for its strong portfolio of tools for the agriculture, construction, and gardening sectors.
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. The special dividend will be payable no later than January 31, 2025, or earlier, if the proposed merger with Blue Owl Capital Corporation (NYSE:OBDC) closes before that date. The closing of the merger is expected to occur promptly after the vote at the shareholder meetings, currently scheduled for January 8, 2025, assuming that the transaction is approved by OBDE and OBDC shareholders. The
KBRA Assigns Rating to Blue Owl Capital Corporation's $400 Million Senior Unsecured Notes
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.
Medical Technology Company Secures $35 Million in Equipment Financing From Wingspire Equipment Finance
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
Blue Owl Capital Corporation Analyst Ratings
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Blue Owl Capital upgraded by Wells Fargo with a new price target
Wells Fargo upgraded Blue Owl Capital from Underweight to Equal Weight and set a new price target of $15.00 from $14.00 previously
Blue Owl Capital downgraded by Keefe Bruyette with a new price target
Keefe Bruyette downgraded Blue Owl Capital from Mkt Perform to Underperform and set a new price target of $14.00 from $15.50 previously
Blue Owl Capital downgraded by Raymond James
Raymond James downgraded Blue Owl Capital from Outperform to Mkt Perform
Hovde Group reiterated coverage on Blue Owl Capital with a new price target
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
Blue Owl Capital downgraded by B. Riley Securities with a new price target
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 on Blue Owl Capital with a new price target
B. Riley Securities initiated coverage of Blue Owl Capital with a rating of Buy and set a new price target of $15.25
Blue Owl Capital Corporation Insider Purchases
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
Director Temple Chris bought $222,000 worth of shares (15,000 units at $14.80), increasing direct ownership by 42% to 51,000 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Director Dalelio Edward H bought $37,550 worth of shares (2,500 units at $15.02), increasing direct ownership by 38% to 9,016 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
President Nicholson Logan bought $146,600 worth of shares (10,000 units at $14.66) (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Dalelio Edward H bought $45,210 worth of shares (3,000 units at $15.07), increasing direct ownership by 93% to 6,217 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Blue Owl Capital Corporation Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
SEC Form 4 filed by Co-Treasurer and Co-Controller Mcmillon Jennifer
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Director Temple Chris bought $222,000 worth of shares (15,000 units at $14.80), increasing direct ownership by 42% to 51,000 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Director Weiler Melissa was granted 11,734 shares, increasing direct ownership by 42% to 39,734 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
President Nicholson Logan gave a grant of 24,447 shares, decreasing direct ownership by 45% to 14,479 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Director Woolridge Victor was granted 6,679 shares, increasing direct ownership by 47% to 20,926 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
SEC Form 4 filed by Chief Accounting Officer Cole Bryan Thomas
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Director Dalelio Edward H bought $37,550 worth of shares (2,500 units at $15.02), increasing direct ownership by 38% to 9,016 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
President Nicholson Logan bought $146,600 worth of shares (10,000 units at $14.66) (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
SEC Form 3 filed by new insider Nicholson Logan
3 - Blue Owl Capital Corp (0001655888) (Issuer)
Dalelio Edward H bought $45,210 worth of shares (3,000 units at $15.07), increasing direct ownership by 93% to 6,217 units (SEC Form 4)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Blue Owl Capital Corporation SEC Filings
Blue Owl Capital Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation
8-K - Blue Owl Capital Corp (0001655888) (Filer)
Blue Owl Capital Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
8-K - Blue Owl Capital Corp (0001655888) (Filer)
Amendment: Blue Owl Capital Corporation filed SEC Form 8-K: Financial Statements and Exhibits
8-K/A - Blue Owl Capital Corp (0001655888) (Filer)
Blue Owl Capital Corporation filed SEC Form 8-K: Results of Operations and Financial Condition
8-K - Blue Owl Capital Corp (0001655888) (Filer)
SEC Form 10-K filed by Blue Owl Capital Corporation
10-K - Blue Owl Capital Corp (0001655888) (Filer)
Blue Owl Capital Corporation filed SEC Form 8-K: Results of Operations and Financial Condition
8-K - Blue Owl Capital Corp (0001655888) (Filer)
Amendment: SEC Form SCHEDULE 13G/A filed by Blue Owl Capital Corporation
SCHEDULE 13G/A - Blue Owl Capital Corp (0001655888) (Subject)
Blue Owl Capital Corporation filed SEC Form 8-K: Results of Operations and Financial Condition
8-K - Blue Owl Capital Corp (0001655888) (Filer)
Amendment: SEC Form SCHEDULE 13G/A filed by Blue Owl Capital Corporation
SCHEDULE 13G/A - Blue Owl Capital Corp (0001655888) (Subject)
SEC Form POS EX filed by Blue Owl Capital Corporation
POS EX - Blue Owl Capital Corp (0001655888) (Filer)
Blue Owl Capital Corporation Financials
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Blue Owl Capital Corporation Reports Full Year Results and Fourth Quarter Net Investment Income Per Share of $0.47 and Net Asset Value Per Share of $15.26
NEW YORK, Feb. 19, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC, or the "Company") today announced financial results for its full year and fourth quarter ended December 31, 2024. FOURTH QUARTER 2024 HIGHLIGHTS Fourth quarter net investment income ("NII") per share of $0.47, in-line with the prior quarter and exceeding the regular dividend by 27%Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a fourth quarter supplemental dividend of $0.05 per shareTotal dividends for the fourth quarter were $0.42 per share, representing an annualized dividend yield of 11.0% based on fourth quarter net asset value ("NAV") per shareNAV per share
Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results
NEW YORK, Jan. 22, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Wednesday, February 19, 2025 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, February 20, 2025 at 10:00 a.m. Eastern Time to discuss its fourth quarter and fiscal year ended December 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 connecti
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. The transaction is expected to close on or around January 13, 2025, subject to the satisfaction of customary closing conditions. Craig W. Packer, Chief Exec
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. The special dividend will be payable no later than January 31, 2025, or earlier, if the proposed merger with Blue Owl Capital Corporation (NYSE:OBDC) closes before that date. The closing of the merger is expected to occur promptly after the vote at the shareholder meetings, currently scheduled for January 8, 2025, assuming that the transaction is approved by OBDE and OBDC shareholders. The
Blue Owl Capital Corporation III Reports Third Quarter Net Investment Income Per Share of $0.41 and Net Asset Value Per Share of $15.49
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
Blue Owl Capital Corporation Reports Third Quarter Net Investment Income Per Share of $0.47 and Net Asset Value Per Share of $15.28
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
Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its Third Quarter Ended September 30, 2024 Financial Results
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
Blue Owl Capital Corporation III Reports Second Quarter Net Investment Income Per Share of $0.41 and Net Asset Value Per Share of $15.56
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
Blue Owl Capital Corporation Reports Second Quarter Net Investment Income Per Share of $0.48 and Net Asset Value Per Share of $15.36
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
Blue Owl Capital Corporation and Blue Owl Capital Corporation III Announce Merger Agreement
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