Zacks Research Has Pessimistic Outlook of OBDC Q1 Earnings

Blue Owl Capital Corporation (NYSE:OBDC) – Investment analysts at Zacks Research cut their Q1 2027 EPS estimates for Blue Owl Capital in a report issued on Wednesday, March 4th. Zacks Research analyst Team now anticipates that the company will earn $0.32 per share for the quarter, down from their previous estimate of $0.33. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Blue Owl Capital’s current full-year earnings is $1.71 per share. Zacks Research also issued estimates for Blue Owl Capital’s Q3 2027 earnings at $0.33 EPS, FY2027 earnings at $1.30 EPS and FY2028 earnings at $1.31 EPS.

Blue Owl Capital (NYSE:OBDC) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.01. The company had revenue of $439.50 million during the quarter, compared to analyst estimates of $454.38 million. Blue Owl Capital had a return on equity of 10.07% and a net margin of 33.89%.

OBDC has been the topic of several other reports. Truist Financial decreased their price objective on shares of Blue Owl Capital from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Keefe, Bruyette & Woods decreased their price target on shares of Blue Owl Capital from $13.50 to $12.50 and set a “market perform” rating on the stock in a report on Monday, February 23rd. Royal Bank Of Canada lowered their price objective on shares of Blue Owl Capital from $14.00 to $13.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Wells Fargo & Company cut their target price on shares of Blue Owl Capital from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Friday, November 7th. Finally, Citizens Jmp lowered their price target on Blue Owl Capital from $17.00 to $15.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $14.06.

Blue Owl Capital Stock Performance

NYSE:OBDC opened at $11.56 on Friday. The stock has a market cap of $5.77 billion, a P/E ratio of 9.32 and a beta of 0.67. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.26. The business’s 50-day moving average price is $12.04 and its two-hundred day moving average price is $12.76. Blue Owl Capital has a twelve month low of $10.70 and a twelve month high of $15.36.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc increased its holdings in shares of Blue Owl Capital by 79.6% in the third quarter. IFP Advisors Inc now owns 2,096 shares of the company’s stock worth $27,000 after buying an additional 929 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Blue Owl Capital by 166.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 2,115 shares of the company’s stock worth $27,000 after purchasing an additional 1,320 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Blue Owl Capital in the third quarter valued at approximately $28,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Blue Owl Capital during the third quarter valued at approximately $30,000. Finally, First Horizon Advisors Inc. purchased a new stake in shares of Blue Owl Capital during the second quarter valued at approximately $40,000. 42.83% of the stock is owned by institutional investors.

Blue Owl Capital declared that its Board of Directors has approved a stock repurchase program on Wednesday, February 18th that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 5.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Blue Owl Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 12.8%. The ex-dividend date is Tuesday, March 31st. Blue Owl Capital’s dividend payout ratio (DPR) is presently 119.35%.

About Blue Owl Capital

Blue Owl Capital Corporation (NYSE: OBDC) is a publicly traded business development company sponsored by Blue Owl Capital, a global alternative asset manager. Launched in 2020, the firm provides customized financing solutions to middle-market companies across various industries. As an externally managed BDC, Blue Owl Capital Corporation leverages the deep credit‐investment capabilities of its sponsor to deliver flexible capital tailored to the needs of growing businesses.

The company’s investment activities span a range of private credit products, including first‐lien senior secured loans, unitranche facilities, second‐lien financings, mezzanine debt, and minority equity co-investments.