Blue Owl Capital Corp (NYSE:OBDC): A Fundamentally Weighted Stock for Long-Term Investors

The stock of Blue Owl Capital Corp (NYSE:OBDC) last traded at $15.05, up 0.74% from the previous session.

OBDC stock price is now -0.34% away from the 50-day moving average and -1.19% away from the 200-day moving average. The market capitalization of the company currently stands at $7.69B.

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With the price target reduced from $15.50 to $14, Keefe Bruyette Downgraded its rating from Mkt Perform to Underperform for Blue Owl Capital Corp (NYSE: OBDC). , while ‘Hovde Group’ rates the stock as ‘Outperform’

In other news, DAlelio Edward H, Director bought 2,500 shares of the company’s stock on Aug 27 ’24. The stock was bought for $37,550 at an average price of $15.02. Upon completion of the transaction, the Director now directly owns 9,016 shares in the company, valued at $0.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 21 ’24, President Nicholson Logan bought 7,500 shares of the business’s stock. A total of $109,950 was incurred on buying the stock at an average price of $14.66. This leaves the insider owning 10,000 shares of the company worth $0.15 million. A total of 6.81% of the company’s stock is owned by insiders.

During the past 12 months, Blue Owl Capital Corp has had a low of $13.88 and a high of $16.79. The fifty day moving average price for OBDC is $15.1052 and a two-hundred day moving average price translates $15.31125 for the stock.

The latest earnings results from Blue Owl Capital Corp (NYSE: OBDC) was released for 2024-09-30. The net profit margin was 40.50% and return on equity was 10.52% for OBDC. The company reported revenue of $406.03 million for the quarter, compared to $399.02 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.76 percent.

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