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0 0 0.00469483568075119 0.00469483568075119 0.00469483568075119 0.00670690811535891 0.0107310529845741 0.0368879946344736
Stock impact report

Blue Owl Capital: Merger Or No Merger, OBDC Is A Strong Buy [Seeking Alpha]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Seeking Alpha
OBDC's non-accruals rose to 1.3%, and dividend coverage fell to 1.0X, eliminating excess coverage. Blue Owl Capital announced a $200M stock buyback, allowing management to buy back shares below NAV, adding to NAVPS. However, Blue Owl Capital is growing its portfolio and NII. The investment firm also has a stable NAV over a long period of time, limiting downside risk for investors. Recent irritation about merger transactions creates a buying opportunity for income investors with a long-term investment horizon. Guido Mieth/DigitalVision via Getty Images Blue Owl Capital ( OBDC ) missed NII expectations for the third fiscal quarter and suffered a deterioration in its portfolio quality amid a rise in the non-accrual percentage. Blue Owl Capital supported its dividend with This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of obdc, ARCC, BXSl, FSK either through stock ownership, options, or other derivatives. I wrote this art Show less Read more
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