Zacks Research Issues Pessimistic Outlook for OBDC Earnings

Blue Owl Capital Corporation (NYSE:OBDC) – Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for shares of Blue Owl Capital in a report released on Monday, May 18th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.31 per share for the quarter, down from their prior forecast of $0.33. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Blue Owl Capital’s current full-year earnings is $1.29 per share. Zacks Research also issued estimates for Blue Owl Capital’s FY2026 earnings at $1.25 EPS, Q3 2027 earnings at $0.32 EPS and FY2027 earnings at $1.28 EPS.

Blue Owl Capital (NYSE:OBDC) last issued its earnings results on Wednesday, May 6th. The company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $391.00 million for the quarter, compared to the consensus estimate of $422.02 million. Blue Owl Capital had a net margin of 20.21% and a return on equity of 9.76%.

OBDC has been the subject of several other reports. Keefe, Bruyette & Woods reduced their price target on Blue Owl Capital from $12.50 to $12.00 and set a “market perform” rating for the company in a research report on Thursday, April 16th. Wells Fargo & Company reduced their price target on Blue Owl Capital from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Wall Street Zen lowered Blue Owl Capital from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Truist Financial reduced their price target on Blue Owl Capital from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Finally, Royal Bank Of Canada reduced their target price on Blue Owl Capital from $14.00 to $13.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.33.

Blue Owl Capital Trading Down 1.7%

OBDC opened at $11.03 on Tuesday. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 15.75 and a beta of 0.64. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.18. Blue Owl Capital has a 12 month low of $10.52 and a 12 month high of $15.19. The stock has a fifty day moving average price of $11.24 and a 200-day moving average price of $11.96.

Blue Owl Capital Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.31 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 11.2%. Blue Owl Capital’s dividend payout ratio is presently 211.43%.

Blue Owl Capital declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 18th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 5.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Institutional Trading of Blue Owl Capital

A number of hedge funds have recently modified their holdings of the stock. Arkadios Wealth Advisors boosted its stake in shares of Blue Owl Capital by 4.2% in the first quarter. Arkadios Wealth Advisors now owns 496,640 shares of the company’s stock worth $5,493,000 after buying an additional 19,969 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Blue Owl Capital by 82.4% in the first quarter. Sunbelt Securities Inc. now owns 41,273 shares of the company’s stock worth $456,000 after buying an additional 18,650 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Blue Owl Capital by 102.7% in the first quarter. EverSource Wealth Advisors LLC now owns 8,159 shares of the company’s stock worth $90,000 after buying an additional 4,134 shares during the last quarter. Rivernorth Capital Management LLC boosted its stake in shares of Blue Owl Capital by 181.6% in the first quarter. Rivernorth Capital Management LLC now owns 1,426,822 shares of the company’s stock worth $15,781,000 after buying an additional 920,180 shares during the last quarter. Finally, Enstar Group LTD boosted its stake in shares of Blue Owl Capital by 2.9% in the first quarter. Enstar Group LTD now owns 601,787 shares of the company’s stock worth $6,656,000 after buying an additional 17,207 shares during the last quarter. Hedge funds and other institutional investors own 42.83% 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.