Stock Buyback Program Initiated by Blue Owl Capital (NYSE:OBDC) Board of Directors

Blue Owl Capital (NYSE:OBDC) declared that its board has initiated a share repurchase program on Wednesday, February 18th, RTT News reports. The company plans to buyback $300.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 5.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Citizens Jmp cut 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 note on Friday, November 7th. Royal Bank Of Canada cut their target price on shares of Blue Owl Capital from $16.00 to $14.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 26th. Wells Fargo & Company reduced their price target on shares of Blue Owl Capital from $13.00 to $12.00 and set an “equal weight” rating for the company in a report on Friday, November 7th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Blue Owl Capital from $14.50 to $13.50 and set a “market perform” rating on the stock in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Blue Owl Capital has an average rating of “Moderate Buy” and a consensus price target of $14.21.

Blue Owl Capital Stock Down 1.1%

OBDC traded down $0.13 on Thursday, hitting $11.43. The company had a trading volume of 13,574,453 shares, compared to its average volume of 6,187,989. The stock has a market capitalization of $5.84 billion, a price-to-earnings ratio of 9.21 and a beta of 0.67. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a fifty day moving average price of $12.27 and a 200-day moving average price of $12.94. Blue Owl Capital has a 12-month low of $10.70 and a 12-month high of $15.73.

Blue Owl Capital (NYSE:OBDC) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. Blue Owl Capital had a net margin of 33.89% and a return on equity of 9.98%. The business had revenue of $439.50 million during the quarter, compared to analyst estimates of $454.38 million. Analysts predict that Blue Owl Capital will post 1.71 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 13.0%. The ex-dividend date is Tuesday, March 31st. Blue Owl Capital’s dividend payout ratio (DPR) is 104.96%.

More Blue Owl Capital News

Here are the key news stories impacting Blue Owl Capital this week:

• Positive Sentiment: Board increased buyback authorization and continued accretive repurchases (repurchased ~$148M at ~86% price-to-book), and Moody’s upgraded Blue Owl’s rating to Baa2 — supports capital return and credit profile improvement. Company Financial Results Press Release
• Positive Sentiment: Declared quarterly dividend of $0.37 per share — yields attractive income for investors and signals management’s intent to maintain distributions. Company Financial Results Press Release
• Neutral Sentiment: Q4 results were mixed: EPS slightly beat (reported $0.36 vs. $0.35 est.) and net investment income held steady, but revenue missed estimates and year-over-year EPS declined; NAV dipped modestly due to isolated credit markdowns. These factors show decent underlying earnings but also higher expenses and some credit pressure. Zacks: Q4 Earnings Beat
• Neutral Sentiment: Blue Owl and affiliated BDCs agreed to sell $1.4B of direct lending investments to institutional buyers at ~99.7% of par, including ~$400M from OBDC — this raises cash and returns capital to certain investors while crystallizing portfolio rotations at near-par pricing. Press Release: $1.4B Asset Sale
• Negative Sentiment: Management permanently halted quarterly redemptions for its non-traded, retail-focused OBDC II fund and said liquidity will be provided via periodic distributions as assets are sold — this move spooked retail investors and sparked headlines questioning liquidity practices, creating reputational risk and near-term selling pressure. 24/7 Wall St.: Redemptions Halted

Insider Transactions at Blue Owl Capital

In other Blue Owl Capital news, VP Neena Reddy purchased 7,890 shares of Blue Owl Capital stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average cost of $13.06 per share, with a total value of $103,043.40. Following the completion of the transaction, the vice president owned 7,890 shares in the company, valued at approximately $103,043.40. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.11% of the company’s stock.

Blue Owl Capital Company Profile

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.