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Wednesday, September 27, 2023

This Is Too Hot For Blue Owl Capital Corporation (NYSE: OBDC), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Blue Owl Capital Corporation (OBDC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.16, or 1.16%, to $14.00. The Blue Owl Capital Corporation has recorded 3,506 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Blue Owl Capital Corporation Reports Second Quarter Net Investment Income Per Share of $0.48 and NAV Per Share of $15.26.

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Stocks Info

As a NYSE listed company, OBDC falls under the Financial sector while operating within the Credit Services industry segment. At the end of the last regular session, the stock closed at $13.84 and fluctuated between $13.89 as its day high and $13.77 as its day low. The current market capitalization of Blue Owl Capital Corporation is $5.39B. A total of 1.68 million shares were traded on the day, compared to an average of 1.67M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, OBDC 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 5 BUYs and 0 SELLs from insiders. Insiders purchased 88,314 shares during that period but sold 0.

In the most recent transaction, Temple Chris bought 5,900 shares of OBDC for 13.30 per share on May 26. After the transaction, the Director now owns 36,000 company shares. In a previous transaction on May 25, Swatt Matthew bought 65 shares at 13.15 per share. OBDC shares that Co-Treasurer and Co-Controller owns now total 2,379.

Among the insiders who bought shares, Kaye Eric A. acquired of 3,749 shares on May 23 at a per-share price of $13.34. This resulted in the Director holding 19,144 shares of OBDC after the transaction. In another insider transaction, Packer Craig bought 75,600 shares at $13.23 per share on May 19. Company shares held by the President and CEO now total 300,716.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Blue Owl Capital Corporation pays an annual dividend of $1.32, resulting in a dividend yield of 9.54%, and it has a price to earnings (P/E) ratio of 6.35. OBDC’s most recent ex-dividend date was 9/28/2023 when it declared a $0.33 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/30/2023. The OBDC stock dividend was $0.07 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for OBDC in the last 3 months, the mean price target is $15.33 with high estimates of $16.50 and low estimates of $13.50. In terms of 52-week highs and lows, OBDC has a high of $14.25 and a low of $10.02.

As of this writing, OBDC has an earnings estimate of $0.47 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.49 per share and a lower estimate of $0.42. The company reported an EPS of $0.45 in the last quarter, which was 4.70% higher than expectations of $0.43.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $15.26, while its Total Shareholder’s Equity was $5.94B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 OBDC is Buy with a score of 4.33.

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