Blue Owl Capital downgraded by B. Riley Securities with a new price target
$OBDC
Diversified Financial Services
Finance
B. Riley Securities downgraded Blue Owl Capital from Buy to Neutral and set a new price target of $15.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
8-K - Blue Owl Capital Corp (0001655888) (Filer)
SCHEDULE 13G/A - Blue Owl Capital Corp (0001655888) (Subject)
8-K - 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)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
4 - Blue Owl Capital Corp (0001655888) (Issuer)
Keefe Bruyette downgraded Blue Owl Capital from Mkt Perform to Underperform and set a new price target of $14.00 from $15.50 previously
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
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
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
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
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
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
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