Market Momentum: Blue Owl Capital Corp (OBDC) Registers a -0.89 Decrease, Closing at 15.51

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Blue Owl Capital Corp (NYSE: OBDC) closed the day trading at $15.51 down -0.89% from the previous closing price of $15.65. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 2.0 million shares were traded. OBDC stock price reached its highest trading level at $15.698 during the session, while it also had its lowest trading level at $15.46.

Ratios:

For a better understanding of OBDC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.06. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 1.14.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on May 10, 2024, Reiterated its Outperform rating but revised its target price to $17 from $16 previously.

On January 08, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $15.50.

On July 28, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $15.25.B. Riley Securities initiated its Buy rating on July 28, 2023, with a $15.25 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when DAlelio Edward H bought 3,000 shares for $15.07 per share. The transaction valued at 45,210 led to the insider holds 6,217 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OBDC now has a Market Capitalization of 6044759040 and an Enterprise Value of 12277558272. As of this moment, Blue’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.81, and their Forward P/E ratio for the next fiscal year is 8.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.78 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 7.654.

Stock Price History:

The Beta on a monthly basis for OBDC is 0.91, which has changed by 0.096888304 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, OBDC has reached a high of $16.91, while it has fallen to a 52-week low of $12.81. The 50-Day Moving Average of the stock is -3.47%, while the 200-Day Moving Average is calculated to be 3.47%.

Shares Statistics:

Over the past 3-months, OBDC traded about 1.98M shares per day on average, while over the past 10 days, OBDC traded about 1876750 shares per day. A total of 389.73M shares are outstanding, with a floating share count of 359.99M. Insiders hold about 7.63% of the company’s shares, while institutions hold 41.60% stake in the company. Shares short for OBDC as of 1719532800 were 9894727 with a Short Ratio of 5.00, compared to 1717113600 on 9060930. Therefore, it implies a Short% of Shares Outstanding of 9894727 and a Short% of Float of 2.54.

Dividends & Splits

OBDC’s forward annual dividend rate is 1.41, up from 1.38 a year ago. Against a Trailing Annual Dividend Yield of 0.08817892The stock’s 5-year Average Dividend Yield is 7.96.

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