Blue Owl Capital's Discount Looks Absurd [Seeking Alpha]
Blue Owl Capital Corporation (OBDC)
Company Research
Source: Seeking Alpha
OBDC's portfolio is 96% floating-rate debt, so expected Fed rate cuts have compressed asset yields and pressured NII, but much is priced in. Software and services exposure (~11%) is concentrated in mission-critical, low-LTV loans; fundamentals remain strong with double-digit revenue and EBITDA growth. Management is aggressively executing the largest share repurchase program in company history, buying back stock at accretive prices well below the fund's reported book value. Current OBDC valuation reflects business deterioration, but OBDC's portfolio quality and conservative lending suggest limited further downside. Looking for a helping hand in the market? Members of Beyond the Wall Investing get exclusive ideas and guidance to navigate any climate. Learn More » Henrik Sorensen/DigitalVision via Getty Images It's Darkest Before The Dawn For OBDC Blue Owl Capital Corporation ( OBDC ) is the second-largest publicly traded BDC company (by assets) that I covered in mid-Decem
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- Blue Owl Capital: The Whole Vertical Is Shaking [Seeking Alpha]Seeking Alpha
- Wingspire Equipment Finance Fuels Tier One Automotive Supplier with Large Asset-Backed $45 Million TransactionBusiness Wire
- A 12%+ Yield Trading For Pennies On The Dollar: Blue Owl Capital [Seeking Alpha]Seeking Alpha
- Blue Owl Capital (OBDC) was upgraded by Zacks Research from "strong sell" to "hold".MarketBeat
- Blue Owl Capital (NYSE:OBDC) had its price target lowered by analysts at Keefe, Bruyette & Woods from $13.50 to $12.50. They now have a "market perform" rating on the stock.MarketBeat