Blue Owl Capital Corporation (OBDC)
(Delayed Data from NYSE)
$14.98 USD
-0.47 (-3.04%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $14.98 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value D Growth C Momentum C VGM
Company Summary
Founded in 2015, Blue Owl Capital Corporation is a New York-based specialty finance company that lends funds to U.S. middle market companies. The company was previously named Owl Rock Capital Corporation. Effective Jul 6, 2023, the corporate name was changed to Blue Owl Capital Corporation and it began trading on the NYSE under the ticker “OBDC”.
The business development company (BDC) started investment activities from April 2016 onward and deals in senior secure or unsecured loans, subordinated loans or mezzanine loans and to a lesser extent, equity-related securities including warrants, preferred stock and similar forms ...
Company Summary
Founded in 2015, Blue Owl Capital Corporation is a New York-based specialty finance company that lends funds to U.S. middle market companies. The company was previously named Owl Rock Capital Corporation. Effective Jul 6, 2023, the corporate name was changed to Blue Owl Capital Corporation and it began trading on the NYSE under the ticker “OBDC”.
The business development company (BDC) started investment activities from April 2016 onward and deals in senior secure or unsecured loans, subordinated loans or mezzanine loans and to a lesser extent, equity-related securities including warrants, preferred stock and similar forms of senior equity that may or may not be transferred to a portfolio of the company’s common equity.
Blue Owl Capital Corporation is a division of global alternative asset management firm Blue Owl Capital Inc., which was formed in 2021 as a result of the merger between OBDC and Dyal Capital Partners.
In July 2019, Blue Owl Capital Corporation announced its plan to make a first public offering of 9,500,000 shares of its common stock. As of Dec 31, 2022, OBDC had around $138.2 billion in assets under management.
OBDC generates the majority of its revenues (77.7% of total investment income in 2023) in the form of interest income by lending to middle-market companies in the United States. It also earns payment-in-kind interest income from investments (10.9%), which represents accrued interest added to the principal amount of the investment on the interest payment date rather than being paid in cash. Dividend income from investments (10.4%) represents dividends earned on preferred equity and common equity securities. Other income accounted for 1% of total revenues in 2023.
Blue Owl Capital Corporation, currently managed by an investment adviser, has been renamed to Blue Owl Credit Advisors LLC and is an indirect affiliate of Blue Owl Capital Inc.
Blue Owl Capital Corporation II is a company founded with the aim to operate a BDC. Blue Owl Technology Finance Corp. intends to invest at least 80% of the value of its assets in technology-rated companies. The entire rebranding process bears testament to a broader motive of operating as one Blue Owl brand.
General Information
Blue Owl Capital Corporation
399 PARK AVENUE 38TH FLOOR
NEW YORK, NY 10022
Phone: 212-419-3000
Fax: NA
Web: http://www.blueowlcapitalcorporation.com
Email: credit-ir@blueowl.com
Industry | Financial - Miscellaneous Services |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 8/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.47 |
Current Year EPS Consensus Estimate | 1.88 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 8/7/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 15.45 |
52 Week High | 16.91 |
52 Week Low | 12.99 |
Beta | 0.87 |
20 Day Moving Average | 1,778,879.00 |
Target Price Consensus | 16.45 |
4 Week | -3.97 |
12 Week | -9.49 |
YTD | 1.49 |
4 Week | -0.01 |
12 Week | -11.58 |
YTD | -8.33 |
Shares Outstanding (millions) | 389.73 |
Market Capitalization (millions) | 5,838.20 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 9.88% |
Annual Dividend | $1.48 |
Payout Ratio | 0.72 |
Change in Payout Ratio | -0.17 |
Last Dividend Payout / Amount | 6/28/2024 / $0.48 |
Fundamental Ratios
P/E (F1) | 7.99 |
Trailing 12 Months | 7.68 |
PEG Ratio | NA |
vs. Previous Year | 4.44% |
vs. Previous Quarter | -7.84% |
vs. Previous Year | 5.81% |
vs. Previous Quarter | -2.83% |
Price/Book | 0.97 |
Price/Cash Flow | 7.99 |
Price / Sales | 3.64 |
6/30/24 | NA |
3/31/24 | 12.64 |
12/31/23 | 12.62 |
6/30/24 | NA |
3/31/24 | 5.65 |
12/31/23 | 5.58 |
6/30/24 | NA |
3/31/24 | 1.67 |
12/31/23 | 1.60 |
6/30/24 | NA |
3/31/24 | 1.67 |
12/31/23 | 1.60 |
6/30/24 | NA |
3/31/24 | 47.29 |
12/31/23 | 47.63 |
6/30/24 | NA |
3/31/24 | 48.25 |
12/31/23 | 50.14 |
6/30/24 | NA |
3/31/24 | 48.20 |
12/31/23 | 48.44 |
6/30/24 | NA |
3/31/24 | 15.47 |
12/31/23 | 15.45 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | NA |
3/31/24 | 1.14 |
12/31/23 | 1.18 |
6/30/24 | NA |
3/31/24 | 53.32 |
12/31/23 | 54.03 |