Blue Owl Capital Corp (OBDC) Maintains Outperform Rating Despite Price Target Cut

Blue Owl Capital Corporation (NYSE:OBDC) is one of the apical undervalued plus absorption stocks to buy. Citizens JMP revised its terms people for Blue Owl Capital Corporation (NYSE:OBDC) connected November 7, bringing it down from $17 to $15 portion maintaining an Outperform rating. The steadfast noted that the company’s third-quarter results prompted a reset successful expectations but inactive sees beardown worth successful the banal going forward.

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Earlier connected November 5, Blue Owl Capital Corporation delivered its Q3 results, affirming coagulated recognition prime and underlying fundamentals. The institution besides reaffirmed its committedness to shareholder value.

Net concern income per stock totaled $0.37 arsenic concern income dropped to $453.1 cardinal from $485.8 cardinal delivered successful the 2nd quarter. The diminution was owed to a alteration successful prepayment-related income and involvement income from indebtedness investments.

Meanwhile, caller concern commitments accrued to $1.3 cardinal from $1.1 cardinal successful the 2nd quarter, arsenic income and repayments totaled $797 million, compared to $1.9 cardinal successful the aforesaid quarter.

Craig W. Packer, Chief Executive Officer of OBDC, noted that the institution had delivered different beardown quarter, emphasizing the continued spot of its portfolio’s recognition prime and fundamentals, attributes that person defined the level since its inception. He besides shared the company’s enthusiasm astir the planned merger betwixt OBDC and OBDC II, describing it arsenic a strategical determination aimed astatine creating semipermanent worth for shareholders of some entities.

Consequently, the committee of directors has approved a regular quarterly dividend of $0.37 per share, payable connected January 15, 2026, to shareholders of grounds arsenic of December 31, 2025. The committee has besides approved a $200 cardinal repurchase program.

Blue Owl Capital Corporation (NYSE:OBDC) is an plus manager that provides backstage superior to businesses and offers alternate concern opportunities to organization and idiosyncratic investors. It operates done 3 starring platforms: Credit, which offers nonstop lending solutions to middle-market companies; Real Assets; and GP Strategic Capital, which provides semipermanent financing to concern managers.

While we admit the imaginable of OBDC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.