Share Repurchase Plan Authorized by Blue Owl Capital (NYSE:OBDC)

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

Blue Owl Capital Stock Up 0.4%

OBDC stock opened at $11.48 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.17 and a quick ratio of 0.72. The company’s 50 day simple moving average is $12.24 and its 200-day simple moving average is $12.92. Blue Owl Capital has a 12 month low of $10.70 and a 12 month high of $15.73. The firm has a market capitalization of $5.73 billion, a PE ratio of 9.25 and a beta of 0.67.

Blue Owl Capital (NYSE:OBDC) last posted its earnings results on Wednesday, February 18th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. The firm had revenue of $439.50 million for the quarter, compared to analyst estimates of $454.38 million. Blue Owl Capital had a return on equity of 10.07% and a net margin of 33.89%. Equities analysts expect that Blue Owl Capital will post 1.71 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 12.9%. Blue Owl Capital’s dividend payout ratio (DPR) is presently 119.35%.

Analyst Ratings Changes

Several analysts recently commented on the stock. Wells Fargo & Company reduced their price objective on shares of Blue Owl Capital from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Friday, November 7th. Citizens Jmp reduced their price target on shares of Blue Owl Capital from $17.00 to $15.00 and set a “market outperform” rating for the company in a research report on Friday, November 7th. Royal Bank Of Canada decreased their price target on Blue Owl Capital from $14.00 to $13.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Keefe, Bruyette & Woods dropped their price objective on Blue Owl Capital from $14.50 to $13.50 and set a “market perform” rating for the company in a research note on Monday, November 10th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Blue Owl Capital has a consensus rating of “Moderate Buy” and an average target price of $14.07.

Key Stories Impacting Blue Owl Capital

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

• Positive Sentiment: Board authorizes a $300 million share buyback (up to ~5.1% of shares), signaling management thinks shares are undervalued; buybacks can support the stock and EPS. RTT News: Buyback Announcement
• Positive Sentiment: Q4 results: OBDC beat EPS expectations (reported $0.36 vs. $0.35 consensus) and showed rising net investment income — a near-term fundamental positive for distributable income. Zacks: OBDC Tops Q4 Earnings
• Neutral Sentiment: Blue Owl sold $1.4B of direct-lending loans to institutional buyers to generate liquidity and allow portfolio optimization — this provides cash for distributions but also reflects active portfolio management amid demand for liquidity. Yahoo: BDCs Sell $1.4B
• Neutral Sentiment: Quarterly dividend declared ($0.37 per share; ~13% yield) — a high yield that attracts income buyers but raises questions about sustainability in a volatile private-credit cycle. Seeking Alpha: Dividend & Loan Sales
• Neutral Sentiment: RBC trimmed its price target from $14 to $13 but kept an “outperform” rating — a modest analyst downgrade that still implies upside versus current levels. Benzinga: RBC Lowers PT
• Negative Sentiment: Multiple outlets reported that Blue Owl limited or halted redemptions at a retail-targeted private-credit vehicle; even though the firm has publicly denied a blanket halt in some statements, the reports have amplified investor unease about liquidity in private credit. TheStreet: Denies Halting Redemptions
• Negative Sentiment: Market reaction: coverage says shares slid (reports of a near-6% intraday drop and earlier larger swoons) as withdrawal limits and that asset-sale pivot stoked worries about retail liquidity in private-credit BDCs. MSN: Curbs Investor Liquidity
• Negative Sentiment: Analyst/market commentary warns the move to curb redemptions has broader implications for confidence in private credit and could pressure valuation and fund flows for BDCs and alternative managers. 24/7 Wall St.: Investor Withdrawals Halted

Insider Buying and Selling

In other news, VP Neena Reddy bought 7,890 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The stock was purchased at an average price of $13.06 per share, with a total value of $103,043.40. Following the purchase, the vice president owned 7,890 shares of the company’s stock, valued at $103,043.40. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 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.