Owl Rock Capital Corporation is a business development company. The fund makes investments in senior secured or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks. It seeks to invest in middle market companies based in the United States, with EBITDA between $10 million and $250 million annually and/or annual revenue of $50 million and $2.5 billion at the time of investment.
IPO Year: 2019
Exchange: NYSE
Website: owlrock.com/overview-orcc/
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/25/2022 | $13.75 → $12.00 | Equal Weight → Underweight | Wells Fargo |
5/6/2022 | $15.00 | Market Perform → Outperform | Hovde Group |
3/7/2022 | Market Perform | Hovde Group | |
2/25/2022 | $15.50 → $16.00 | Outperform | Raymond James |
11/5/2021 | $15.50 → $16.00 | Market Outperform | JMP Securities |
NEW YORK, Nov. 30, 2021 /PRNewswire/ -- Owl Rock, a division of Blue Owl Capital Inc. (NYSE:OWL), today announced the appointment of Victor Woolridge to the boards of directors for its business development companies ("BDCs"): Owl Rock Capital Corporation (NYSE: ORCC), Owl Rock Capital Corporation II, Owl Rock Capital Corporation III, Owl Rock Technology Finance Corp., Owl Rock Core Income Corp., Owl Rock Technology Income Corp. and Owl Rock Technology Finance Corp. II. Woolridge's appointment expands the Boards of five of the BDCs to seven directors and of two of the BDCs to eight directors, six of whom are independent in each case. He will be a member of the Nominating and Corporate Govern
Jefferies Financial Group Inc. (NYSE:JEF) today announced the appointment of Matrice Ellis Kirk and Melissa Weiler to its Board of Directors effective July 1, 2021. The appointments of Ms. Ellis Kirk and Ms. Weiler expand Jefferies' Board of Directors to twelve directors, nine of whom are independent. Jefferies' CEO, Rich Handler, and President, Brian Friedman, stated: "We are pleased to welcome Matrice and Mel as new independent directors to Jefferies' board and we are confident their perspective and insight will be invaluable as we continue to grow Jefferies' business globally. Their significant experience further complements our existing directors' skills, and we look forward to partner
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Owl Rock Capital ("Owl Rock"), a leading alternative asset manager, today announced the appointment of Melissa Weiler to the boards of directors for its business development companies ("BDCs") Owl Rock Capital Corporation (NYSE: ORCC), Owl Rock Capital Corporation II, Owl Rock Capital Corporation III, Owl Rock Technology Finance Corp. and Owl Rock Core Income Corp. Weiler's appointment expands the Boards to eight directors, five of whom are independent. She will be a member of the Nominating and Corporate Governance, and Audit Committees for all five boards, as well as a member of the Compensation Committee for ORCC. Douglas Ostrover, Co-Founder of Ow
8-K - Blue Owl Capital Corp (0001655888) (Filer)
8-K - 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)
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8-K - Blue Owl Capital Corp (0001655888) (Filer)
8-K - Blue Owl Capital Corp (0001655888) (Filer)
8-K - Blue Owl Capital Corp (0001655888) (Filer)
8-K - Blue Owl Capital Corp (0001655888) (Filer)
Wells Fargo downgraded Owl Rock Capital from Equal Weight to Underweight and set a new price target of $12.00 from $13.75 previously
Hovde Group upgraded Owl Rock Capital from Market Perform to Outperform and set a new price target of $15.00
Hovde Group initiated coverage of Owl Rock Capital with a rating of Market Perform
Raymond James reiterated coverage of Owl Rock Capital with a rating of Outperform and set a new price target of $16.00 from $15.50 previously
JMP Securities reiterated coverage of Owl Rock Capital with a rating of Market Outperform and set a new price target of $16.00 from $15.50 previously
Oppenheimer initiated coverage of Owl Rock Capital with a rating of Outperform and set a new price target of $15.00
Royal Bank of Canada upgraded Owl Rock Capital from Sector Perform to Outperform and set a new price target of $15.00 from $13.50 previously
RBC Capital upgraded Owl Rock Capital from Sector Perform to Outperform and set a new price target of $15.00 from $13.50 previously
Janney Montgomery Scott upgraded Owl Rock Capital from Neutral to Buy
Janney upgraded Owl Rock Capital from Neutral to Buy and set a new price target of $15.00
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4 - Owl Rock Capital Corp (0001655888) (Issuer)
4 - Owl Rock Capital Corp (0001655888) (Issuer)
4 - Owl Rock Capital Corp (0001655888) (Issuer)
4 - Owl Rock Capital Corp (0001655888) (Issuer)
4 - Owl Rock Capital Corp (0001655888) (Issuer)
4 - Owl Rock Capital Corp (0001655888) (Issuer)
4 - Owl Rock Capital Corp (0001655888) (Issuer)
NEW YORK, July 6, 2023 /PRNewswire/ -- As previously announced on June 22, 2023, the Owl Rock BDCs (as listed in the chart below) have been renamed effective today. The new names and websites for each entity can be found below. Additionally, beginning with today's trading session, Blue Owl Capital Corporation, formerly Owl Rock Capital Corporation, will be "OBDC" on the New York Stock Exchange. New unsecured notes tickers, to the extent applicable, are also included below. Each of the BDCs is managed by an investment adviser that is an indirect affiliate of Blue Owl Capital Inc. and these name changes will not change the day-to-day businesses of the BDCs, but rather are part of a broader ini
NEW YORK, June 22, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today announced that it will soon be changing its name, ticker, and website. The Company's board of directors has already approved these changes and no shareholder vote is required. Specifically, the Company is taking the following actions, effective July 6, 2023: changing its name to "Blue Owl Capital Corporation";updating its ticker symbol with the New York Stock Exchange from "ORCC" to "OBDC"; andchanging its website from www.owlrockcapitalcorporation.com to www.blueowlcapitalcorporation.com.Owl Rock Capital Corporation is managed by an investment adviser that is an indirect affiliate
NEW YORK, May 24, 2023 /PRNewswire/ -- Owl Rock, a division of Blue Owl Capital Inc. (NYSE:OWL), is hosting an Investor Day today beginning at 9:00 a.m. EDT to provide an in-depth review of the platform's investment strategy and the business development companies it manages, including Owl Rock Capital Corporation (NYSE:ORCC) and several private and non-traded BDCs. The event will feature presentations with senior members of the Owl Rock team, including Chief Executive Officer, Craig W. Packer and Chief Financial Officer, Jonathan Lamm. "At Owl Rock we are combining our scale and deep sponsor relationships to continue to grow our direct lending platform and build upon our strong track record,
NEW YORK, May 24, 2023 /PRNewswire/ -- Owl Rock, a division of Blue Owl Capital Inc. (NYSE:OWL), is hosting an Investor Day today beginning at 9:00 a.m. EDT to provide an in-depth review of the platform's investment strategy and the business development companies it manages, including Owl Rock Capital Corporation (NYSE:ORCC) and several private and non-traded BDCs. The event will feature presentations with senior members of the Owl Rock team, including Chief Executive Officer, Craig W. Packer and Chief Financial Officer, Jonathan Lamm. "At Owl Rock we are combining our scale and deep sponsor relationships to continue to grow our direct lending platform and build upon our strong track record,
NEW YORK, May 10, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today announced financial results for its first quarter ended March 31, 2023. FIRST QUARTER 2023 HIGHLIGHTS First quarter NII of $0.45 per share exceeded the first quarter dividend of $0.33 per share by over 35%, marking our highest quarterly NII since ORCC's inceptionIn addition, the Board declared a first quarter supplemental dividend of $0.06 per shareTotal dividends for the first quarter were $0.39 per share, which represents a greater than 10% annualized yield based on current NAV per shareDelivered NII ROE1 of 12.1% in the first quarter, up from 8.3% the prior yearNet asset value p
NEW YORK, April 5, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC) ("ORCC") today announced it will release its financial results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023 after market close. ORCC invites all interested persons to its webcast / conference call on Thursday, May 11, 2023 at 10:30 a.m. Eastern Time to discuss its first quarter ended March 31, 2023 financial results. Conference Call Information: The conference call will be broadcast live at 10:30 a.m. Eastern Time on the Events section of ORCC's website at www.owlrockcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants are also invited
NEW YORK, Feb. 22, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today announced financial results for its full year and fourth quarter ended December 31, 2022. HIGHLIGHTS FOR FULL YEAR AND QUARTER ENDED DECEMBER 31, 2022 Fourth quarter NII of $0.41 per share exceeded the fourth quarter dividend of $0.33 per share by approximately 25%In addition, the Board declared a fourth quarter supplemental dividend of $0.04 per shareTotal dividends for the fourth quarter were $0.37 per share, which represents an approximately 10% annualized yield ba
NEW YORK, Jan. 11, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC) ("ORCC") today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2022 on Wednesday, February 22, 2023 after market close. ORCC invites all interested persons to its webcast / conference call on Thursday, February 23, 2023 at 10:00 a.m. Eastern Time to discuss its fourth quarter and fiscal year ended December 31, 2022 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Ev
NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2022. This quarter, there are constituent changes within two of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD) and the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a number of changes to the two modified-dividend-yield-weighted indexes—KDX and KYX—to adjust annually for relevant dividend yields and
NEW YORK, Nov. 2, 2022 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today reported net investment income of $146.8 million, or $0.37 per share, and net income of $265.4 million, or $0.67 per share, for the third quarter ended September 30, 2022. Reported net asset value per share was $14.85 at September 30, 2022 as compared to $14.48 at June 30, 2022. THIRD QUARTER 2022 HIGHLIGHTS Net investment income (NII) increased to $0.37 per share for the quarter ended September 30, 2022, approximately 20% in excess of the third quarter regular dividend of $0.31 per shareNet asset value per share increased to $14.85 at September 30, 2022, an increase of 2.5% compared
Effective today, Owl Rock Capital Corporation is renamed to Blue Owl Capital Corporation (the "Company") and, beginning with today's trading session, its ticker symbol on the New York Stock Exchange will be "OBDC". CUSIPs for the equity and unsecured notes of the Company will not change and its outstanding unsecured notes will also trade under "OBDC". Additionally, the Company's new website address is www.blueowlcapitalcorporation.com. The Company's day-to-day business remains unchanged.
RBC Capital analyst Kenneth Lee reiterates Owl Rock Capital (NYSE:ORCC) with a Outperform and maintains $15 price target.
RBC Capital analyst Kenneth Lee reiterates Owl Rock Capital (NYSE:ORCC) with a Outperform and maintains $15 price target.
Owl Rock Capital (NYSE:ORCC) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.43 by 4.65 percent. This is a 45.16 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $377.62 million which beat the analyst consensus estimate of $365.59 million by 3.29 percent. This is a 42.95 percent increase over sales of $264.16 million the same period last year.
Owl Rock Capital (NYSE:ORCC) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:15 PM. Here's what investors need to know about the announcement. Earnings Owl Rock Capital beat estimated earnings by 4.65%, reporting an EPS of $0.45 versus an estimate of $0.43. Revenue was up $113.46 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.01 which was followed by a 4.92% increase in the share price the next day. Here's a look at Owl Rock Capital's past performance: Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022 EPS Estimate 0.40 0.34 0.31 0.33 EPS Actual 0.41 0.37 0.32 0.31 Revenue Estimate 337.26M 292.09M 269.29M 275.82M
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Wells Fargo analyst Timothy O'Shea maintains Owl Rock Capital (NYSE:ORCC) with a Underweight and lowers the price target from $12 to $11.
JMP Securities analyst Devin Ryan reiterates Owl Rock Capital (NYSE:ORCC) with a Market Outperform and maintains $15 price target.
Owl Rock Capital (NYSE:ORCC) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.40 by 2.5 percent. This is a 17.14 percent increase over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $350.51 million which beat the analyst consensus estimate of $337.26 million by 3.93 percent. This is a 24.46 percent increase over sales of $281.62 million the same period last year.
NEW YORK, May 10, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today announced financial results for its first quarter ended March 31, 2023. FIRST QUARTER 2023 HIGHLIGHTS First quarter NII of $0.45 per share exceeded the first quarter dividend of $0.33 per share by over 35%, marking our highest quarterly NII since ORCC's inceptionIn addition, the Board declared a first quarter supplemental dividend of $0.06 per shareTotal dividends for the first quarter were $0.39 per share, which represents a greater than 10% annualized yield based on current NAV per shareDelivered NII ROE1 of 12.1% in the first quarter, up from 8.3% the prior yearNet asset value p
NEW YORK, April 5, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC) ("ORCC") today announced it will release its financial results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023 after market close. ORCC invites all interested persons to its webcast / conference call on Thursday, May 11, 2023 at 10:30 a.m. Eastern Time to discuss its first quarter ended March 31, 2023 financial results. Conference Call Information: The conference call will be broadcast live at 10:30 a.m. Eastern Time on the Events section of ORCC's website at www.owlrockcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants are also invited
NEW YORK, Feb. 22, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today announced financial results for its full year and fourth quarter ended December 31, 2022. HIGHLIGHTS FOR FULL YEAR AND QUARTER ENDED DECEMBER 31, 2022 Fourth quarter NII of $0.41 per share exceeded the fourth quarter dividend of $0.33 per share by approximately 25%In addition, the Board declared a fourth quarter supplemental dividend of $0.04 per shareTotal dividends for the fourth quarter were $0.37 per share, which represents an approximately 10% annualized yield ba
NEW YORK, Jan. 11, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC) ("ORCC") today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2022 on Wednesday, February 22, 2023 after market close. ORCC invites all interested persons to its webcast / conference call on Thursday, February 23, 2023 at 10:00 a.m. Eastern Time to discuss its fourth quarter and fiscal year ended December 31, 2022 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Ev
NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2022. This quarter, there are constituent changes within two of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD) and the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a number of changes to the two modified-dividend-yield-weighted indexes—KDX and KYX—to adjust annually for relevant dividend yields and
NEW YORK, Nov. 2, 2022 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today reported net investment income of $146.8 million, or $0.37 per share, and net income of $265.4 million, or $0.67 per share, for the third quarter ended September 30, 2022. Reported net asset value per share was $14.85 at September 30, 2022 as compared to $14.48 at June 30, 2022. THIRD QUARTER 2022 HIGHLIGHTS Net investment income (NII) increased to $0.37 per share for the quarter ended September 30, 2022, approximately 20% in excess of the third quarter regular dividend of $0.31 per shareNet asset value per share increased to $14.85 at September 30, 2022, an increase of 2.5% compared
NEW YORK, Oct. 5, 2022 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC) ("ORCC") today announced it will release its financial results for the third quarter ended September 30, 2022 on Wednesday, November 2, 2022 after market close. ORCC invites all interested persons to its webcast / conference call on Thursday, November 3, 2022 at 10:00 a.m. Eastern Time to discuss its third quarter ended September 30, 2022 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Events section of ORCC's website at www.owlrockcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants a
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today reported net investment income of $125.1 million, or $0.32 per share, and net loss of $34.9 million, or $(0.09) per share, for the second quarter ended June 30, 2022. Reported net asset value per share was $14.48 at June 30, 2022 as compared to $14.88 at March 31, 2022. Craig W. Packer, Chief Executive Officer of Owl Rock Capital Corporation commented, "The second quarter was another strong quarter for our business. Our earnings exceeded our dividend, our borrowers continued to perform well with only one name on non-accrual, and more volatile market conditions are creating attractive
NEW YORK, July 6, 2022 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC) ("ORCC") today announced it will release its financial results for the second quarter ended June 30, 2022 on Wednesday, August 3, 2022 after market close. ORCC invites all interested persons to its webcast / conference call on Thursday, August 4, 2022 at 10:00 a.m. Eastern Time to discuss its second quarter ended June 30, 2022 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the Events section of ORCC's website at www.owlrockcapitalcorporation.com. Please visit the website to test your connection before the webcast. Participants are also invi
NEW YORK, May 4, 2022 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE:ORCC, or the ", Company", ))) today reported net investment income of $122.4 million, or $0.31 per share, and net income of $44.0 million, or $0.11 per share, for the first quarter ended March 31, 2022. Reported net asset value per share was $14.88 at March 31, 2022 as compared to $15.08 at December 31, 2021. Craig W. Packer, Chief Executive Officer of Owl Rock Capital Corporation commented, "We are very pleased with our performance this quarter and how our portfolio is positioned for the evolving economic environment. Our credit performance remains exceptional with one of the lowest levels of non-accruals in the BDC se