Blue Owl Capital Corp [NYSE: OBDC] stock went on a downward path that fall over -0.66% on Wednesday, amounting to a one-week price increase of more than 1.15%.
Over the last 12 months, OBDC stock rose by 0.50%. The one-year Blue Owl Capital Corp stock forecast points to a potential upside of 5.14. The average equity rating for OBDC stock is currently 2.09, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $7.63 billion, with 510.85 million shares outstanding and 476.04 million shares in the current float. Compared to the average trading volume of 2.12M shares, OBDC stock reached a trading volume of 3433082 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Blue Owl Capital Corp [OBDC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OBDC shares is $15.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OBDC stock is a recommendation set at 2.09. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Blue Owl Capital Corp shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on December 12, 2024. The new note on the price target was released on August 09, 2024, representing the official price target for Blue Owl Capital Corp stock. Previously, the target price had yet another raise from $16 to $17, while Hovde Group kept a Outperform rating on OBDC stock.
The Average True Range (ATR) for Blue Owl Capital Corp is set at 0.23, with the Price to Sales ratio for OBDC stock in the period of the last 12 months amounting to 4.91. The Price to Book ratio for the last quarter was 0.98, with the Price to Cash per share for the same quarter was set at 0.94. Price to Free Cash Flow for OBDC in the course of the last twelve months was 14.89.
OBDC Stock Performance Analysis:
Blue Owl Capital Corp [OBDC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.15. With this latest performance, OBDC shares dropped by -3.18% in over the last four-week period, additionally sinking by -2.66% over the last 6 months – not to mention a rise of 0.50% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OBDC stock in for the last two-week period is set at 48.49, with the RSI for the last a single of trading hit 49.88, and the three-weeks RSI is set at 48.22 for Blue Owl Capital Corp [OBDC]. The present Moving Average for the last 50 days of trading for this stock 15.11, while it was recorded at 14.90 for the last single week of trading, and 15.31 for the last 200 days.
Blue Owl Capital Corp [OBDC] Institutonal Ownership Details
There are presently around $31.81%, or 31.84%% of OBDC stock, in the hands of institutional investors. The top three institutional holders of OBDC stocks are: STATE OF NEW JERSEY COMMON PENSION FUND E with ownership of 22.75 million shares, which is approximately 5.8321%. BANK OF AMERICA CORP /DE/, holding 12.26 million shares of the stock with an approximate value of $$188.37 million in OBDC stocks shares; and BANK OF AMERICA CORP /DE/, currently with $$109.44 million in OBDC stock with ownership which is approximately 1.8264%.
