After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Owl Rock Capital Corporation (ORCC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.31%, to $13.02. The Owl Rock Capital Corporation has recorded 27,589 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Owl Rock Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its First Quarter Ended March 31, 2023 Financial Results.
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Stocks Info
Owl Rock Capital Corporation is listed on the NYSE in the Financial sector while operating in the Credit Services industry. At the end of the last regular session, the stock closed at $12.98 and fluctuated between $13.02 as its day high and $12.84 as its day low. The current market capitalization of Owl Rock Capital Corporation is $5.04B. A total of 0.94 million shares were traded on the day, compared to an average of 1.78M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ORCC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 9 BUYs and 0 SELLs from insiders. Insiders purchased 63,280 shares during that period but sold 0.
In the most recent transaction, Maged Alexis bought 29,595 shares of ORCC for 13.01 per share on Sep 09. After the transaction, the Vice President now owns 48,435 company shares. In a previous transaction on Sep 09, Maged Alexis bought 3,840 shares at 12.98 per share. ORCC shares that Vice President owns now total 38,840.
Among the insiders who bought shares, Weiler Melissa acquired of 8,000 shares on May 24 at a per-share price of $12.63. This resulted in the Director holding 28,000 shares of ORCC after the transaction. In another insider transaction, Swatt Matthew bought 190 shares at $12.81 per share on May 24. Company shares held by the Co-Treasurer and Co-Controller now total 2,314.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Owl Rock Capital Corporation pays an annual dividend of $1.32, resulting in a dividend yield of 10.17%, and it has a price to earnings (P/E) ratio of 10.96. ORCC’s most recent ex-dividend date was 3/30/2023 when it declared a $0.33 quarterly dividend that was paid in cash on 4/14/2023. Previously, the company paid the dividend on 3/17/2023 with an ex-dividend date of 3/2/2023. The ORCC stock dividend was $0.04 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ORCC in the last 3 months, the mean price target is $14.73 with high estimates of $16.00 and low estimates of $11.00. In terms of 52-week highs and lows, ORCC has a high of $14.68 and a low of $10.12.
As of this writing, ORCC has an earnings estimate of $0.43 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.41. The company reported an EPS of $0.37 in the last quarter, which was 8.80% higher than expectations of $0.34.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $14.94, while its Total Shareholder’s Equity was $5.94B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ORCC is Hold with a score of 4.33. A total of 9 analysts rated the stock as Buy while 1 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.