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Are we looking at the next big move in Blue Owl Capital Corp (OBDC)?

Blue Owl Capital Corp (NYSE: OBDC) is -0.66% lower on its value in year-to-date trading and has touched a low of $13.88 and a high of $16.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OBDC stock was last observed hovering at around $14.84 in the last trading session, with the day’s gains setting it 0.18%.

Currently trading at $15.02, the stock is -0.72% and -0.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.03 million and changing 1.21% at the moment leaves the stock -1.52% off its SMA200. OBDC registered 1.24% gain for a year compared to 6-month loss of -3.32%. The firm has a 50-day simple moving average (SMA 50) of $15.0944 and a 200-day simple moving average (SMA200) of $15.3398.

The stock witnessed a -2.28% gain in the last 1 month and extending the period to 3 months gives it a 1.48%, and is 0.40% 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 1.43% over the week and 1.54% over the month.

Current P/E ratio is 9.31 and Fwd P/E is 8.81. Profit margin for the company is 40.50%. Distance from 52-week low is 8.22% and -10.53% from its 52-week high. The company has generated returns on investments over the last 12 months (4.59%).

with sales reaching $395.09M over the same period.The EPS is expected to shrink by -2.19% this year, but quarterly earnings will post 0.85% year-over-year. Quarterly sales are estimated to shrink -3.92% in year-over-year returns.

Blue Owl Capital Corp (OBDC) Top Institutional Holders

429.0 institutions hold shares in Blue Owl Capital Corp (OBDC), with institutional investors hold 41.63% of the company’s shares. The shares outstanding are 390.22M, and float is at 363.67M with Short Float at 2.69%. Institutions hold 41.58% of the Float.

Blue Owl Capital Corp (OBDC) Insider Activity

The most recent transaction is an insider purchase by DAlelio Edward H, the company’s Director. SEC filings show that DAlelio Edward H bought 2,500 shares of the company’s common stock on Aug 27 ’24 at a price of $15.02 per share for a total of $37550.0. Following the purchase, the insider now owns 9016.0 shares.

Blue Owl Capital Corp disclosed in a document filed with the SEC on Aug 21 ’24 that Nicholson Logan (President) bought a total of 7,500 shares of the company’s common stock. The trade occurred on Aug 21 ’24 and was made at $14.66 per share for $0.11 million. Following the transaction, the insider now directly holds 10000.0 shares of the OBDC stock.

Still, SEC filings show that on Aug 21 ’24, Nicholson Logan (President) acquired 2,500 shares at an average price of $14.66 for $36650.0. The insider now directly holds 2,500 shares of Blue Owl Capital Corp (OBDC).

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