Blue Owl Capital (NYSE:OBDC) Releases Q4 2024 Earnings Guidance

Blue Owl Capital (NYSE:OBDC) updated its fourth quarter 2024 earnings guidance on Friday. The company provided EPS guidance of 0.470-0.470 for the period, compared to the consensus EPS estimate of 0.460. The company issued revenue guidance of -.

Blue Owl Capital Stock Down 0.4 %

OBDC stock opened at $14.85 on Friday. Blue Owl Capital has a one year low of $13.98 and a one year high of $16.91. The firm has a market cap of $5.79 billion, a PE ratio of 9.22 and a beta of 0.84. The firm’s 50 day moving average price is $15.12 and its 200-day moving average price is $15.04. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.28.

Blue Owl Capital Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a yield of 9.97%. This is an increase from Blue Owl Capital’s previous quarterly dividend of $0.06. Blue Owl Capital’s payout ratio is currently 91.93%.

Wall Street Analysts Forecast Growth

OBDC has been the subject of several research analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $17.00 target price on shares of Blue Owl Capital in a research note on Tuesday, November 19th. Keefe, Bruyette & Woods reissued an “underperform” rating and issued a $14.00 target price (down previously from $15.50) on shares of Blue Owl Capital in a research report on Thursday, December 12th. Finally, Wells Fargo & Company raised their target price on Blue Owl Capital from $14.00 to $14.50 and gave the company an “underweight” rating in a report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $15.92.

Blue Owl Capital Company Profile

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.