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New Big Money Means Owl Rock Capital Corporation (ORCC) Investors Could Reap Benefit

Owl Rock Capital Corporation (NYSE: ORCC) is 15.15% higher on its value in year-to-date trading and has touched a low of $10.12 and a high of $13.84 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORCC stock was last observed hovering at around $13.27 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $15.00 for the next 12 months. It is also 17.12% off the consensus price target high of $16.00 offered by 11 analysts, but current levels are -12.85% lower than the price target low of $11.75 for the same period.

Currently trading at $13.26, the stock is 3.46% and 4.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing -0.08% at the moment leaves the stock 5.98% off its SMA200. ORCC registered 3.58% gain for a year compared to 6-month loss of 2.70%.

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The stock witnessed a 3.92% gain in the last 1 month and extending the period to 3 months gives it a -2.64%, and is 2.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.39% over the week and 1.65% over the month.

Current P/E ratio is 8.34 and Fwd P/E is 7.70. Profit margin for the company is 47.50%. Distance from 52-week low is 31.01% and -4.18% from its 52-week high. The company has generated returns on investments over the last 12 months (4.20%).

Owl Rock Capital Corporation (ORCC) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Owl Rock Capital Corporation (ORCC) is a “Buy”. 11 analysts offering their recommendations for the stock have an average rating of 1.80, where 0 rate it as a Hold and 1 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Owl Rock Capital Corporation is expected to release its quarterly report on 08/02/2023.The EPS is expected to shrink by -25.70% this year

Owl Rock Capital Corporation (ORCC) Top Institutional Holders

The shares outstanding are 391.05M, and float is at 384.46M with Short Float at 2.34%.

Owl Rock Capital Corporation (ORCC) Insider Activity

A total of 0 insider transactions have happened at Owl Rock Capital Corporation (ORCC) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Kaye Eric A., the company’s Director. SEC filings show that Kaye Eric A. bought 3,749 shares of the company’s common stock on May 23 at a price of $13.34 per share for a total of $50012.0. Following the purchase, the insider now owns 19144.0 shares.

Owl Rock Capital Corporation disclosed in a document filed with the SEC on May 19 that Packer Craig (President and CEO) bought a total of 75,600 shares of the company’s common stock. The trade occurred on May 19 and was made at $13.23 per share for $1.0 million. Following the transaction, the insider now directly holds 0.3 million shares of the ORCC stock.

Still, SEC filings show that on May 17, DAlelio Edward H (Director) acquired 3,000 shares at an average price of $12.89 for $38670.0. The insider now directly holds 3,000 shares of Owl Rock Capital Corporation (ORCC).

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