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Blue Owl Capital (OBDC)
NYSE:OBDC
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.46Last Year’s EPS
0.51Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2019
|% Change Since: 0.88%
|Next Earnings Date:Jul 31, 2019
Earnings Call Sentiment|Positive
The earnings call presented a largely positive outlook with strong ROE, successful dividend strategies, and robust investment activity. Despite a slight drop in net investment income and credit-related NAV markdowns, the overall performance and strategic acquisitions indicate a stable and promising future.Company Guidance
During Blue Owl Capital Corporation's third-quarter 2024 earnings call, several key metrics and guidance points were discussed. The company achieved a return on equity (ROE) of 12.4%, marking its seventh consecutive quarter of double-digit ROE. The net asset value (NAV) per share was reported at $15.28. OBDC declared a base dividend of $0.37 per share and a supplemental dividend of $0.05 per share, maintaining a base dividend coverage of 127%. Despite the challenging economic environment, OBDC deployed approximately $1.2 billion in new investment commitments, maintaining a balanced leverage ratio of 1.23x. Nonaccruals were low at 70 basis points of fair value. The company remains confident in its dividend stability going into 2025, with a spillover income of $0.41 per share providing additional cushion. The upcoming merger with OBDE is expected to close in January 2025, with anticipated benefits including NII accretion and NAV per share accretion.Strong ROE and Dividend Yield
Achieved ROE for the quarter of 12.4%, marking the seventh consecutive quarter of double-digit ROE and dividend yield.
Supplemental Dividend Strategy Success
OBDC shareholders have received a total of $0.47 of supplemental dividends per share since launching the supplemental dividend structure 2 years ago.
Robust Investment Activity
Deployed over $9.5 billion across the platform this quarter, with a significant presence as lead or co-lead lender on roughly 90% of deals.
Low Nonaccrual Rate
Nonaccrual rate remains low at 70 basis points of fair value.
Successful Acquisitions
Acquisitions of Atalaya Capital Management and IPI Partners enhance capabilities in alternative credit and data centers.
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OBDC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OBDC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $14.71 | $14.43 | -1.90% |
| Aug 07, 2024 | $13.87 | $13.78 | -0.65% |
| May 08, 2024 | $15.01 | $14.87 | -0.93% |
| Feb 21, 2024 | $13.40 | $13.57 | +1.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Blue Owl Capital (OBDC) report earnings?
Blue Owl Capital (OBDC) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Blue Owl Capital (OBDC) earnings time?
Blue Owl Capital (OBDC) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OBDC EPS forecast?
OBDC EPS forecast for the fiscal quarter 2024 (Q4) is 0.46.
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