Blue Owl Capital (OBDC) Projected to Post Quarterly Earnings on Wednesday

Blue Owl Capital (NYSE:OBDC) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $395.24 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Blue Owl Capital Price Performance

Shares of OBDC stock opened at $15.38 on Tuesday. The company has a market capitalization of $6.00 billion, a PE ratio of 9.55 and a beta of 0.83. The firm has a fifty day simple moving average of $15.09 and a 200-day simple moving average of $14.97. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. Blue Owl Capital has a twelve month low of $13.98 and a twelve month high of $16.91.

Wall Street Analyst Weigh In

Several analysts recently issued reports on OBDC shares. JMP Securities upped their price target on shares of Blue Owl Capital from $16.50 to $17.00 and gave the company a “market outperform” rating in a report on Tuesday, February 4th. Royal Bank of Canada reissued an “outperform” rating and set a $17.00 target price on shares of Blue Owl Capital in a report on Tuesday, November 19th. Citizens Jmp raised shares of Blue Owl Capital to a “strong-buy” rating in a report on Monday, February 3rd. Keefe, Bruyette & Woods reissued an “underperform” rating and set a $14.00 target price (down from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Finally, Wells Fargo & Company increased their target price on shares of Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Blue Owl Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.08.

About Blue Owl Capital

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.