Stock Buyback Program Authorized by Blue Owl Capital (NYSE:OBDC)

Blue Owl Capital (NYSE:OBDC) declared that its Board of Directors has approved a share repurchase program on Wednesday, February 18th, RTT News reports. The company plans to buyback $300.00 million in shares. This buyback authorization permits the company to buy up to 5.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

OBDC has been the topic of a number of recent analyst reports. Royal Bank Of Canada dropped their price objective on Blue Owl Capital from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Wednesday, November 26th. Keefe, Bruyette & Woods cut 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 report on Monday, November 10th. Wells Fargo & Company lowered their target price 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, Citizens Jmp dropped their target price on shares of Blue Owl Capital from $17.00 to $15.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Blue Owl Capital currently has an average rating of “Moderate Buy” and an average target price of $14.21.

Blue Owl Capital Stock Down 1.1%

Shares of Blue Owl Capital stock opened at $11.43 on Friday. Blue Owl Capital has a 1-year low of $10.70 and a 1-year high of $15.73. The company has a market capitalization of $5.84 billion, a PE ratio of 9.21 and a beta of 0.67. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.72 and a quick ratio of 0.72. The business has a 50-day moving average of $12.27 and a 200-day moving average of $12.94.

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

Blue Owl Capital Announces Dividend

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

Blue Owl Capital News Summary

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 Buying and Selling

In related news, VP Neena Reddy acquired 7,890 shares of Blue Owl Capital stock in a transaction on Wednesday, November 26th. The shares were purchased at an average cost of $13.06 per share, for a total transaction of $103,043.40. Following the purchase, the vice president directly owned 7,890 shares of the company’s stock, valued at $103,043.40. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.11% of the stock is owned by company insiders.

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.