What Recent Market Trends Mean for Blue Owl Capital Corp’s (OBDC) Stock

The stock of Blue Owl Capital Corp (OBDC) has gone down by -2.01% for the week, with a 1.81% rise in the past month and a 2.43% rise in the past quarter. The volatility ratio for the week is 1.10%, and the volatility levels for the past 30 days are 1.07% for OBDC. The simple moving average for the last 20 days is -0.77% for OBDC’s stock, with a simple moving average of -0.97% for the last 200 days.

Is It Worth Investing in Blue Owl Capital Corp (NYSE: OBDC) Right Now?

The price-to-earnings ratio for Blue Owl Capital Corp (NYSE: OBDC) is above average at 9.36x. The 36-month beta value for OBDC is also noteworthy at 0.90. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”

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The public float for OBDC is 363.68M, and at present, short sellers hold a 1.87% of that float. The average trading volume of OBDC on December 18, 2024 was 1.73M shares.

OBDC) stock’s latest price update

The stock of Blue Owl Capital Corp (NYSE: OBDC) has increased by 0.07 when compared to last closing price of 15.09.Despite this, the company has seen a loss of -2.01% in its stock price over the last five trading days. prnewswire.com reported 2024-12-16 that NEW YORK, Dec. 16, 2024 /PRNewswire/ — Blue Owl Capital Corporation III (NYSE: OBDE) today announced that its Board of Directors has declared a special dividend of $0.52 per share. The special dividend will be payable in cash on or before January 31, 2025 to shareholders of record as of December 31, 2024.

Analysts’ Opinion of OBDC

Many brokerage firms have already submitted their reports for OBDC stocks, with Keefe Bruyette repeating the rating for OBDC by listing it as a “Underperform.” The predicted price for OBDC in the upcoming period, according to Keefe Bruyette is $14 based on the research report published on December 12, 2024 of the current year 2024.

Hovde Group gave a rating of “Outperform” to OBDC, setting the target price at $17 in the report published on May 10th of the current year.

OBDC Trading at 0.42% from the 50-Day Moving Average

After a stumble in the market that brought OBDC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.05% of loss for the given period.

Volatility was left at 1.07%, however, over the last 30 days, the volatility rate increased by 1.10%, as shares surge +1.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.82% upper at present.

During the last 5 trading sessions, OBDC fell by -2.01%, which changed the moving average for the period of 200-days by +0.33% in comparison to the 20-day moving average, which settled at $15.23. In addition, Blue Owl Capital Corp saw 3.91% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at OBDC starting from DAlelio Edward H, who purchase 2,500 shares at the price of $15.02 back on Aug 27 ’24. After this action, DAlelio Edward H now owns 9,016 shares of Blue Owl Capital Corp, valued at $37,550 using the latest closing price.

Nicholson Logan, the President of Blue Owl Capital Corp, purchase 7,500 shares at $14.66 during a trade that took place back on Aug 21 ’24, which means that Nicholson Logan is holding 10,000 shares at $109,950 based on the most recent closing price.

Stock Fundamentals for OBDC

Current profitability levels for the company are sitting at:

  • 0.65 for the present operating margin
  • 0.81 for the gross margin

The net margin for Blue Owl Capital Corp stands at 0.5. The total capital return value is set at 0.06. Equity return is now at value 10.52, with 4.57 for asset returns.

When we switch over and look at the enterprise to sales, we see a ratio of 4.32. The receivables turnover for the company is 11.27for trailing twelve months and the total asset turnover is 0.1.

Conclusion

In summary, Blue Owl Capital Corp (OBDC) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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