| KBRA Assigns Rating to Blue Owl Capital Corporation's $500 Million Senior Unsecured Notes |
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB+ to Blue Owl Capital Corporation's (NYSE: OBDC or "the company") $500 million, 6.20% senior unsecured notes due July 15, 2030. The Outlook for the rating is Stable. Key Credit Considerations The rating is supported by OBDC's ties to the $139 billion Blue Owl Credit platform that maintains a strong reputation and leadership position in the private credit market. OBDC's experienced management team that has decades of experience working in th. |
businesswire.com |
2025-05-12 20:32:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital's Q1 Earnings Miss Estimates on Higher Expenses |
OBDC ends the first quarter with investments in 236 portfolio companies. |
zacks.com |
2025-05-12 15:10:37 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Q1 2025 Earnings Call Transcript |
Blue Owl Capital Corporation (NYSE:OBDC ) Q1 2025 Results Conference Call May 8, 2025 10:00 AM ET Company Participants Mike Mosticchio - Head of BDC Investor Relations Craig Packer - Chief Executive Officer Logan Nicholson - President Jonathan Lamm - Chief Financial Officer Conference Call Participants Brian McKenna - Citizens Mickey Schleien - Ladenburg Thalmann Casey Alexander - Compass Point Robert Dodd - Raymond James Sean Paul Adams - B. Riley Securities Finian O'Shea - Wells Fargo Maxwell Fritscher - Truist Securities Operator Good morning, everyone, and welcome to Blue Owl Capital Corporation's First Quarter 2025 Earnings Call. |
seekingalpha.com |
2025-05-08 17:53:03 |
Czytaj oryginał (ang.) |
| Compared to Estimates, Blue Owl Capital Corporation (OBDC) Q1 Earnings: A Look at Key Metrics |
While the top- and bottom-line numbers for Blue Owl Capital Corporation (OBDC) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-05-08 02:00:31 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Q1 Earnings Miss Estimates |
Blue Owl Capital Corporation (OBDC) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.47 per share a year ago. |
zacks.com |
2025-05-08 00:05:33 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation Announces March 31, 2025 Financial Results |
NEW YORK , May 7, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC" or the "Company") today announced financial results for its first quarter ended March 31, 2025. FIRST QUARTER 2025 HIGHLIGHTS First quarter GAAP net investment income ("NII") per share of $0.41 First quarter adjusted NII per share of $0.39, as compared with $0.47 as of December 31, 2024 Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a first quarter supplemental dividend of $0.01 per share Dividends declared in the first quarter totaled $0.38 per share, representing an annualized dividend yield of 10.0% based on first quarter net asset value ("NAV") per share NAV per share of $15.14, as compared with $15.26 as of December 31, 2024, driven primarily by changes in credit spreads and write-downs on a small number of names, partially offset by over-earning of the base dividend New investment commitments for the first quarter totaled $1.2 billion (1) and $1.1 billion (1) of sales and repayments, as compared with $1.7 billion of new investment commitments and $1.6 billion of sales and repayments for the three months ended December 31, 2024 Investments on non-accrual represented 0.8% of the portfolio at fair value, as compared with 0.4% as of December 31, 2024 "OBDC's first quarter results reflect a solid start to the year, delivering a 10.2% annualized return on equity(2), supported by the continued resilience and quality of our portfolio," commented Craig W. |
prnewswire.com |
2025-05-07 20:24:00 |
Czytaj oryginał (ang.) |
| Exploring Analyst Estimates for Blue Owl Capital Corporation (OBDC) Q1 Earnings, Beyond Revenue and EPS |
Get a deeper insight into the potential performance of Blue Owl Capital Corporation (OBDC) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2025-05-06 14:20:54 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: BDCs Are Taking Advantage Of Wider Spreads |
We take a look at the action in business development companies through the fourth week of April and highlight some of the key themes we are watching. BDCs saw a 3% total return last week, with the median valuation improving from a 20% to a 10% discount. Rising credit spreads present both challenges and opportunities for BDCs, enabling them to reinvest at wider spreads due to high portfolio turnover. |
seekingalpha.com |
2025-05-03 03:44:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital to Report Q1 Earnings: What Do the Estimates Say? |
OBDC's first-quarter earnings are likely to have been aided by higher controlled affiliated dividend income. |
zacks.com |
2025-05-02 15:10:39 |
Czytaj oryginał (ang.) |
| Analysts Estimate Blue Owl Capital Corporation (OBDC) to Report a Decline in Earnings: What to Look Out for |
Blue Owl Capital Corporation (OBDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-30 15:06:10 |
Czytaj oryginał (ang.) |
| These Assets Helped Me Achieve $3000 In Monthly Dividend Income |
I transitioned from traditional S&P 500 index funds to high-yield dividend assets to build a more secure income stream. I eventually crossed an average above $3K per month. Business Development Companies like Ares Capital and Blackstone Secured Lending offer high dividend yields, making them attractive for income-focused portfolios. Option ETFs, such as JPMorgan Equity Premium Income ETF, provide substantial income but may underperform traditional indexes in total return. |
seekingalpha.com |
2025-04-28 12:00:00 |
Czytaj oryginał (ang.) |
| I'm Buying 7-12% Yields For Recurring Income |
High-yield dividend stocks like BDCs and REITs offer stability amidst market volatility, distributing 90% of taxable income to shareholders, and avoiding double taxation. Blue Owl Capital Corp. carries a diversified, first-lien-focused lending portfolio, consistent double-digit ROE, and a well-covered 11.8% total dividend yield. Omega Healthcare Investors benefit from a resilient skilled nursing facility market, inflation-protected leases, and favorable demographic trends, offering a 7.1% dividend yield. |
seekingalpha.com |
2025-04-25 18:47:40 |
Czytaj oryginał (ang.) |
| Out Of 70 Graham Value All-Stars, These 16 'Safer' Stocks Stand Out For April |
The Value Score identifies large-cap stocks offering high intrinsic value relative to their price, helping investors find undervalued companies with strong assets and profits. The Ben Graham Formula highlights ultra-stable stocks with strong earnings, dividends, and low valuations, ideal for long-term, defensive investing. 24 out of 69 April Graham All-Star-Value (GASV) Dividend stocks offer “safer” dividends with yields lower than their free cash flow yields. And 16 show IDEAL annual dividends (from $1K invested). |
seekingalpha.com |
2025-04-24 13:03:37 |
Czytaj oryginał (ang.) |
| Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks) |
Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares offer lower risk and high yields; recent trades in DX-C and EFC-B have been profitable. |
seekingalpha.com |
2025-04-21 23:31:58 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Consequences Of The Trade War For BDCs |
We take a look at the action in business development companies through the second week of April and highlight some of the key themes we are watching. BDCs experienced a 3% decline this week, with volatility at its highest since COVID; traded volumes matched COVID levels. The trade war and market meltdown are causing growth slowdowns and inflation, potentially leading to Fed rate cuts. |
seekingalpha.com |
2025-04-19 15:44:55 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: BDCs Plunge On Macro Fears |
We take a look at the action in business development companies through the first week of April and highlight some of the key themes we are watching. BDCs faced significant losses, with average returns around -9% on the week with valuations dropping below historical averages. Valuation uncertainty is high due to quarterly NAV declarations and systemic/idiosyncratic factors; estimated NAV drops are 2-3% from Q4 levels. |
seekingalpha.com |
2025-04-13 18:06:17 |
Czytaj oryginał (ang.) |
| OBDC: Sell-Off Makes Its Yield Soar To 13% |
Blue Owl Capital Corporation offers a compelling 13% dividend yield after a recent market downturn, making it attractive for income investors. Despite market slumps, Blue Owl Capital has outperformed the S&P 500, thanks to its resilient, diversified, and low-risk investment portfolio. The company's solid BBB- credit rating and high percentage of first-lien debt, positions it well against potential macroeconomic headwinds. |
seekingalpha.com |
2025-04-07 11:00:49 |
Czytaj oryginał (ang.) |
| The Market Is Crashing, But We Are Rejoicing |
Why I'm celebrating this market crash—and loading up on these high-yield assets. Tariffs, recession fears, and falling interest rates: here's where smart money is going now. These overlooked stocks could soar—even if some tariffs remain in place. |
seekingalpha.com |
2025-04-06 14:00:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its First Quarter Ended March 31, 2025 Financial Results |
NEW YORK , April 3, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 7, 2025 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, May 8, 2025 at 10:00 a.m. |
prnewswire.com |
2025-04-03 20:15:00 |
Czytaj oryginał (ang.) |
| Skylight Fuels Family-First Innovation with $50 Million of Financing From SG Credit Partners and Wingspire Capital |
This loan facility will support Skylight's sustainable momentum while providing increased ability to weather economic cycles. LOS ANGELES , April 3, 2025 /PRNewswire/ -- Skylight , the company building the operating system for families, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. |
prnewswire.com |
2025-04-03 13:00:00 |
Czytaj oryginał (ang.) |
| OBDC's Merger With OBDE Creates An Opportunity Yielding Over 10% (Rating Upgrade) |
I am very bullish on Blue Owl Capital Corporation (OBDC) due to its merger with OBDE, which has created the second largest BDC by net assets and market cap. The merger enhances OBDC's portfolio with 78% first-lien senior secured debt, operational savings, and increased NII, positioning it for strong performance in 2025. OBDC's Q4 results were robust, with $0.47 in NII, an 11.15% yield, and a supplemental dividend, making it an attractive investment compared to peers. |
seekingalpha.com |
2025-02-24 14:16:23 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Q4 2024 Earnings Call Transcript |
Blue Owl Capital Corporation (OBDC) Q4 2024 Earnings Call Transcript |
seekingalpha.com |
2025-02-20 16:52:46 |
Czytaj oryginał (ang.) |
| Blue Owl Capital's Q4 Earnings Meet Estimates, Top Line Falls Y/Y |
OBDC ends the fourth quarter with investments in 227 portfolio companies. |
zacks.com |
2025-02-20 15:20:51 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Q4 Earnings Match Estimates |
Blue Owl Capital Corporation (OBDC) came out with quarterly earnings of $0.47 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.51 per share a year ago. |
zacks.com |
2025-02-19 21:10:52 |
Czytaj oryginał (ang.) |
| Unlocking Q4 Potential of Blue Owl Capital Corporation (OBDC): Exploring Wall Street Estimates for Key Metrics |
Get a deeper insight into the potential performance of Blue Owl Capital Corporation (OBDC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2025-02-17 12:20:59 |
Czytaj oryginał (ang.) |
| Blue Owl Capital to Report Q4 Earnings: What Do the Estimates Say? |
OBDC's fourth-quarter earnings are likely to have been aided by higher controlled affiliated dividend income. |
zacks.com |
2025-02-14 10:51:09 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Expected to Beat Earnings Estimates: Should You Buy? |
Blue Owl Capital Corporation (OBDC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-12 13:06:34 |
Czytaj oryginał (ang.) |
| Retirement Income: Great 7-11% Yields You Can Count On |
Stocks fall in and out of favor with investors all the time. Buying high quality stocks that offer high yields at discounted prices can be a winning strategy. In this article, I highlight two such picks that offer market-beating total return potential. |
seekingalpha.com |
2025-02-05 10:00:00 |
Czytaj oryginał (ang.) |
| OBDC & GBDC: Two Income Investments That Offer A Great Value Position |
Not all dividend yields are created equal; investors must differentiate between high-yield investments to understand associated risks and income utilization. Blue Owl Capital (OBDC) and Golub Capital (GBDC) are highlighted as examples of firms with distinct yield profiles and risk factors. They continue to support distributions without issue. Despite offering a double digit dividend yield, these BDCs are well structured with relatively low risk. |
seekingalpha.com |
2025-02-02 08:00:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: OBDC Consummates Merger, Delivering Alpha To OBDE Holders |
We take a look at the action in business development companies through the third week of January and highlight some of the key themes we are watching. BDCs had a strong week with a 3% total return, boosted this year by the unwinding of several Fed rate cuts. Blue Owl Capital Corp's merger with OBDE provided significant alpha opportunities due to OBDE's lower valuation. |
seekingalpha.com |
2025-01-25 02:17:16 |
Czytaj oryginał (ang.) |
| 69 Graham Value All-Stars, Of 20 'Safer' Choices, Buy Any Of 14 |
The Value Score identifies large-cap stocks offering the best value relative to their assets and profits, focusing on low-priced, high-value investments. The Ben Graham Formula targets ultra-stable stocks with strong earnings, dividends, and low valuations, ensuring long-term stability and minimal losses. Analysts forecast significant gains (29.57% to 79.74%) for top-ten GASV stocks by January 2026, highlighting high-yield, low-risk investment opportunities. |
seekingalpha.com |
2025-01-22 20:16:53 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation Schedules Earnings Release and Quarterly Earnings Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results |
NEW YORK , Jan. 22, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Wednesday, February 19, 2025 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, February 20, 2025 at 10:00 a.m. |
prnewswire.com |
2025-01-22 10:30:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation Announces Preliminary Fourth Quarter Financial Results and Portfolio Update |
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC or the "Company") today announced preliminary financial results and provided a portfolio update for the fourth quarter ended December 31, 2024. The Company has elected to provide these results in connection with the closing of the merger with Blue Owl Capital Corporation III ("OBDE") on January 13, 2025. |
prnewswire.com |
2025-01-16 10:30:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation Completes Merger with Blue Owl Capital Corporation III |
Creates the second largest publicly traded BDC by total assets NEW YORK , Jan. 13, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) today announced the closing of its merger with Blue Owl Capital Corporation III ("OBDE"), with OBDC as the surviving company. This merger now makes OBDC the second largest externally-managed, publicly traded BDC by total assets with $18.6 billion of total assets at fair value and investments in 232 portfolio companies, on a pro forma combined basis as of September 30, 2024. |
prnewswire.com |
2025-01-13 10:33:00 |
Czytaj oryginał (ang.) |
| How To Invest $1 Million For Sustainable Retirement Passive Income |
Retiring on $1 million is increasingly challenging. Doing it with dividends can make it more feasible. I share two approaches to retiring on dividends with $1 million. |
seekingalpha.com |
2025-01-10 09:05:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation and Blue Owl Capital Corporation III Announce Shareholder Approvals of Merger |
NEW YORK , Jan. 8, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) and Blue Owl Capital Corporation III (NYSE: OBDE) today announced that each company obtained shareholder approval of all proposals related to the previously announced merger between the two companies at their respective shareholder meetings held today. Shareholders voted overwhelmingly in favor of the proposed transaction, with over 97% of OBDC votes cast and nearly 100% of OBDE votes cast, respectively, voting in favor of the proposals related to the merger. |
prnewswire.com |
2025-01-08 18:30:00 |
Czytaj oryginał (ang.) |
| My Top 10 BDCs For 2025 |
Despite expected interest rate declines, BDCs are poised for strong performance in 2025 due to potential rate hikes and inflation uncertainties. BDCs provide capital to small businesses, have high yields, and are sensitive to interest rate changes, making them attractive for dividend-focused investors. Top BDCs like Ares Capital, Main Street Capital, and Blackstone Secured Lending show strong fundamentals, conservative management, and solid balance sheets. |
seekingalpha.com |
2025-01-02 09:00:00 |
Czytaj oryginał (ang.) |
| 3 High-Yield Asset Classes For Dividend Investors In 2025 |
Traditional dividend valuation methods may not apply to all asset classes. Business Development Companies like Blue Owl Capital offer high yields through diverse debt investments, benefiting from higher interest rates and defensive portfolio structures. REITs, despite current underperformance, present opportunities for high yields and potential capital appreciation, especially with future interest rate cuts. |
seekingalpha.com |
2025-01-01 22:29:45 |
Czytaj oryginał (ang.) |
| 2 Magnificent Dividend Deals For A Rich Retirement |
Market volatility offers value investors opportunities, with Blue Owl Capital Corp. and W.P. Carey providing high yields and stable income. OBDC gives a 10.9% covered total annualized dividend yield, diversified portfolio, and prudent financial management, making it a solid choice for income-focused investors. WPC offers a 6.5% yield, supported by mission-critical real estate assets, long-term leases, and inflation-resilient rent escalators for steady income and growth. |
seekingalpha.com |
2024-12-28 10:00:00 |
Czytaj oryginał (ang.) |
| Flagship Agriculture Manufacturing Facility Receives $10 Million in Equipment Financing from Wingspire Equipment Finance |
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance is proud to announce that it has successfully structured $10,000,000 in equipment financing for a global leader in agricultural manufacturing. The funding will be used to update and refresh the client's flagship Canadian manufacturing facility. The client, a private equity-backed company, is a prominent global manufacturer and distributor of high-precision components and parts for agricultural soil preparation. They serve large OEM an. |
businesswire.com |
2024-12-19 12:18:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation III Declares Special Dividend of $0.52 Per Share |
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE) today announced that its Board of Directors has declared a special dividend of $0.52 per share. The special dividend will be payable in cash on or before January 31, 2025 to shareholders of record as of December 31, 2024. |
prnewswire.com |
2024-12-16 18:42:00 |
Czytaj oryginał (ang.) |
| I'm Putting +9% Yields Under My Income Tree |
I've always loved seeing carefully wrapped gifts underneath the Christmas tree. I also love seeing income rain into my account. Don't miss out on wonderful memories because you missed buying cheap income streams. I love income; you need income, let's work together. |
seekingalpha.com |
2024-12-14 12:30:00 |
Czytaj oryginał (ang.) |
| Recurring Income: 2 Magnificent Bargains Up To 10% Yield |
The current market environment favors value investors, with Schlumberger Ltd. and Blue Owl Capital Corp. offering compelling entry points. SLB's robust total return potential is driven by its global leadership in oilfield services, strong profitability, and growing digital segment. OBDC offers a high yield through its diversified, conservatively managed portfolio, supported by strong lender-borrower relationships and disciplined financial management. |
seekingalpha.com |
2024-12-14 10:00:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Up 3.4% Since Last Earnings Report: Can It Continue? |
Blue Owl Capital Corporation (OBDC) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-12-09 08:49:04 |
Czytaj oryginał (ang.) |
| BLUE OWL CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Blue Owl Capital Corporation III - OBDE |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Blue Owl Capital Corporation III (“OBDE” or the “Company”) (NYSE: OBDE) and Blue Owl Capital Corporation (NYSE: OBDC). Under the terms of the proposed transaction, shareholders of OBDE will receive newly issued shares of OBDC for each share of OBDE based on an exchange ratio determined prior to closing. KSF. |
businesswire.com |
2024-11-20 18:53:00 |
Czytaj oryginał (ang.) |
| Investing In BDCs For 10%+ Yields? This Is What Matters Now |
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open. |
seekingalpha.com |
2024-11-20 11:15:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Tax-Loss Season Is Approaching |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPVG surged nearly 20%, while PSEC dropped due to a bad quarter and distribution cut. Tax-loss season may pressure some securities; PSEC, HRZN, TPVG, TCPC, OCSL, GSBD, NMFC, and CSWC could weaken further by year-end. |
seekingalpha.com |
2024-11-16 03:50:34 |
Czytaj oryginał (ang.) |
| KBRA Assigns Rating to Blue Owl Capital Corporation's $400 Million Senior Unsecured Notes |
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB+ to Blue Owl Capital Corporation's (NYSE: OBDC or "the company") $400 million, 5.95% senior unsecured notes due 2029. The Outlook for the rating is Stable. The company intends to use proceeds to pay down secured debt. Key Credit Considerations The rating is supported by OBDC's ties to the $128.4 billion Blue Owl Credit platform that maintains a strong reputation and leadership position in the $1.7 trillion private credit market. OBDC's exp. |
businesswire.com |
2024-11-12 19:49:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Q3 2024 Earnings Call Transcript |
Blue Owl Capital Corporation (NYSE:OBDC ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Mike Mosticchio - Head of BDC Investor Relations Craig Packer - Chief Executive Officer Logan Nicholson - President Jonathan Lamm - Chief Financial Officer and Chief Operating Officer Conference Call Participants Brian McKenna - Citizens JMP Securities LLC Casey Alexander - Compass Point Research & Trading Mickey Schleien - Ladenburg Thalmann & Co. Inc. Robert Dodd - Raymond James & Associates, Inc. Finian O'Shea - Wells Fargo Securities Operator Good morning, everyone, and welcome to Blue Owl Capital Corporation's Third Quarter 2024 Earnings Call. As a reminder, this call is being recorded. |
seekingalpha.com |
2024-11-07 15:08:51 |
Czytaj oryginał (ang.) |
| OBDC's Q3 Earnings Miss on Higher Expenses, Investment Income Up |
Blue Owl Capital ends the third quarter with investments in 219 portfolio companies. |
zacks.com |
2024-11-07 14:56:12 |
Czytaj oryginał (ang.) |
| Medical Technology Company Secures $35 Million in Equipment Financing From Wingspire Equipment Finance |
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance, a prominent large-ticket equipment financing company, has announced a $35 million equipment financing deal with a top sponsor-backed medical technology company. This client aims to transform the filling and finishing process for sterile liquid medicines and vaccines. The financing will enable the purchase of several custom Blow-Fill-Seal (BFS) machines, significantly boosting production capacity. The medical technology company specia. |
businesswire.com |
2024-11-07 13:42:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Reports Q3 Earnings: What Key Metrics Have to Say |
The headline numbers for Blue Owl Capital Corporation (OBDC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-11-06 23:00:47 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation (OBDC) Q3 Earnings Lag Estimates |
Blue Owl Capital Corporation (OBDC) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.49 per share a year ago. |
zacks.com |
2024-11-06 21:10:22 |
Czytaj oryginał (ang.) |
| Blue Owl Capital Corporation Reports Third Quarter Net Investment Income Per Share of $0.47 and Net Asset Value Per Share of $15.28 |
NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC, or the "Company") today announced financial results for its third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Third quarter net investment income ("NII") per share of $0.47, exceeding the regular dividend of $0.37 per share by 27% and generating an ROE of 12.4% Based on OBDC's supplemental dividend framework, the Board of Directors (the "Board") declared a third quarter supplemental dividend of $0.05 per share Total dividends for the third quarter were $0.42 per share, representing an 11.0% annualized dividend yield based on third quarter net asset value ("NAV") per share NAV per share of $15.28, as compared with $15.36 as of June 30, 2024 Originations for the third quarter were $1.2 billion, offset by $1.1 billion of sales and repayments, as compared with $3.3 billion of originations and $1.1 billion of sales and repayments for the three months ended June 30, 2024 Investments on non-accrual decreased to 0.7% of the total fair value of the debt portfolio, as compared with 1.4% as of June 30, 2024 "OBDC produced another quarter of strong earnings and generated a 12.4% return on equity, supported by the quality of our portfolio and robust origination activity," commented Craig W. |
prnewswire.com |
2024-11-06 18:37:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: PIK Is At Record High |
We take a look at the action in business development companies through the third week of October and highlight some of the key themes we are watching. BDCs had a strong week, rising over 1%, supported by reduced expectations of rate cuts. The rise in Payment-in-Kind (PIK) income, now at 7.5%, raises concerns about potential credit issues, though not all PIK is distress-related. |
seekingalpha.com |
2024-10-26 07:19:27 |
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| Blue Owl Capital Corporation Celebrates the Five-Year Anniversary of Wingspire Capital |
Over $4.5 billion in financing commitments across Wingspire Equipment Finance and Wingspire Corporate Finance NEW YORK , Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) announced the five-year anniversary of its investment in Wingspire Capital ("Wingspire"), a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance. Blue Owl Capital Corporation launched Wingspire in the fall of 2019 and has increased its support steadily since then. |
prnewswire.com |
2024-10-22 12:30:00 |
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