In Thursday’s Wall Street session, Blue Owl Capital Corp (NYSE:OBDC) shares traded at $15.07, up 0.53% from the previous session.
OBDC stock price is now 0.69% away from the 50-day moving average and 0.28% away from the 200-day moving average. The market capitalization of the company currently stands at $7.70B.
With the price target enhanced from $14 to $15, Wells Fargo Upgraded its rating from Underweight to Equal Weight for Blue Owl Capital Corp (NYSE: OBDC). On December 12, 2024, Keefe Bruyette Downgraded its previous ‘Mkt Perform’ rating to ‘Underperform’ on the stock reducing its target price from $15.50 to quote $14, while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, Temple Chris, Director bought 15,000 shares of the company’s stock on Mar 06 ’25. The stock was bought for $222,000 at an average price of $14.80. Upon completion of the transaction, the Director now directly owns 51,000 shares in the company, valued at $0.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 27 ’24, Director DAlelio Edward H bought 2,500 shares of the business’s stock. A total of $37,550 was incurred on buying the stock at an average price of $15.02. This leaves the insider owning 9,016 shares of the company worth $0.14 million. A total of 5.34% of the company’s stock is owned by insiders.
During the past 12 months, Blue Owl Capital Corp has had a low of $13.83 and a high of $16.73. The fifty day moving average price for OBDC is $15.0012 and a two-hundred day moving average price translates $15.1233 for the stock.
The latest earnings results from Blue Owl Capital Corp (NYSE: OBDC) was released for 2024-12-31. The net profit margin was 39.39% and return on equity was 9.94% for OBDC. The company reported revenue of $394.39 million for the quarter, compared to $411.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.09 percent.
