Blue Owl Capital (NYSE:OBDC) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Blue Owl Capital (NYSE:OBDC) issued its quarterly earnings results on Wednesday. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02, FiscalAI reports. Blue Owl Capital had a net margin of 20.21% and a return on equity of 9.76%. The business had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $394.23 million. During the same quarter last year, the company posted $0.40 earnings per share.

Blue Owl Capital Price Performance

OBDC stock traded up $0.29 during trading on Thursday, hitting $11.27. The company had a trading volume of 3,819,668 shares, compared to its average volume of 4,923,249. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of 16.08 and a beta of 0.62. Blue Owl Capital has a fifty-two week low of $10.52 and a fifty-two week high of $14.53. The business has a 50 day moving average of $10.96 and a 200 day moving average of $11.27.

Blue Owl Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Wednesday, September 30th. Blue Owl Capital’s dividend payout ratio (DPR) is 177.14%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on OBDC. Keefe, Bruyette & Woods reduced their price objective on Blue Owl Capital from $12.50 to $12.00 and set a “market perform” rating on the stock in a research note on Thursday, April 16th. Truist Financial dropped their target price on shares of Blue Owl Capital from $15.00 to $13.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Lucid Cap Mkts upgraded shares of Blue Owl Capital to a “strong-buy” rating in a research report on Friday, July 24th. Capital One Financial set a $13.00 price target on shares of Blue Owl Capital in a report on Friday, July 24th. Finally, Wall Street Zen raised shares of Blue Owl Capital from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.00.

Key Blue Owl Capital News

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

• Positive Sentiment: OBDC reported adjusted earnings of $0.34 per share, exceeding the $0.32 analyst consensus, while revenue of $396.0 million also topped expectations of $394.23 million. However, adjusted EPS declined from $0.40 a year earlier. Blue Owl Capital Corporation Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company declared a third-quarter base dividend of $0.31 per share, payable October 15 to shareholders of record September 30. It also declared a $0.02 supplemental dividend, payable September 15 to shareholders of record August 31, reinforcing OBDC’s appeal as a high-yield business development company. Blue Owl Capital Corporation Announces June 30, 2026 Financial Results
• Positive Sentiment: Adjusted net investment income per share rose to $0.34 from $0.31 in the prior quarter, providing healthy coverage for declared dividends. OBDC also repurchased approximately $35 million of its common stock, which was accretive to net asset value.
• Positive Sentiment: Insider activity was supportive, with company insiders purchasing shares and making no reported open-market sales during the past six months.
• Neutral Sentiment: OBDC generated $401.3 million in total investment income and ended the quarter with a $14.26 net asset value per share. Its portfolio included 229 companies with an aggregate fair value of $15.0 billion.
• Negative Sentiment: Net asset value declined from $14.41 to $14.26 per share, primarily because of markdowns on several investments. New investment commitments of $319 million were also below sales and repayments of $747 million.
• Negative Sentiment: Investments on non-accrual increased to 2.8% of the portfolio at cost, although the ratio improved slightly to 0.8% at fair value. This remains a credit-quality risk for future earnings and NAV.

Hedge Funds Weigh In On Blue Owl Capital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OBDC. Main Street Financial Solutions LLC bought a new position in shares of Blue Owl Capital during the 4th quarter worth about $130,000. Abel Hall LLC acquired a new stake in Blue Owl Capital during the fourth quarter worth about $124,000. Laidlaw Wealth Management LLC acquired a new stake in Blue Owl Capital during the fourth quarter worth about $132,000. Magnetar Financial LLC bought a new position in Blue Owl Capital during the fourth quarter valued at about $124,000. Finally, CreativeOne Wealth LLC acquired a new position in Blue Owl Capital in the 3rd quarter valued at approximately $136,000. Institutional investors and hedge funds own 42.83% of the company’s stock.

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.