With over 4.58 million Owl Rock Capital Corporation (ORCC) shares trading Friday and a closing price of $12.18 on the day, the dollar volume was approximately $55.74 million. The shares have shown a negative half year performance of -4.64% and its price on 03/10/23 lost nearly -4.92%. Currently, there are 393.72M common shares owned by the public and among those 384.46M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 10 analysts who have offered their price forecasts for ORCC have a consensus price objective of $14.85. The analysts have set the share’s price value over the next 12 months at a high of $16.00 and a low of $12.00. The average price target is 17.81% above its recent price level and a downside to the estimated low will see the stock lose -1.5% over that period. But an upside of 23.88% will see the stock hit the forecast high price target while median target price for the stock is $15.00.
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Insiders at the company have transacted a total of 9 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 9 of these insider trades were purchases, accounting for 63,280 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Owl Rock Capital Corporation are VanEck Vectors – BDC Income ETF, Border to Coast Listed Alternativ, and iShares II Plc – Listed Private E. VanEck Vectors – BDC Income ETF owns 5.22 million shares of the company’s stock, all valued at over $71.45 million. iShares II Plc – Listed Private E now owns shares totaling to 0.51% of the shares outstanding.
Shares of Owl Rock Capital Corporation (NYSE: ORCC) opened at $12.80, down -$0.01 from a prior closing price of $12.81. However, the script later moved the day high at 12.82, down -4.92%. The company’s stock has a 5-day price change of -9.98% and 0.38% over the past three months. ORCC shares are trading 5.77% year to date (YTD), with the 12-month market performance down to -15.90% lower. It has a 12-month low price of $10.12 and touched a high of $15.25 over the same period. ORCC has an average intraday trading volume of 2.00 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.32%, -5.52%, and -2.88% respectively.
Institutional ownership of Owl Rock Capital Corporation (NYSE: ORCC) shares accounts for 41.50% of the company’s 393.72M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $5.01B and a beta (3y monthly) value of 1.01. The stock’s trailing 12-month PE ratio is 10.29, while the earnings-per-share (ttm) stands at $1.18. The company has a debt-to-equity ratio at 1.24. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.06% over the week and 2.04% over the month.
Analysts forecast that Owl Rock Capital Corporation (ORCC) will achieve an EPS of $0.4 for the current quarter, $0.41 for the next quarter and $1.66 for 2023. The lowest estimate earnings-per-share for the quarter is $0.38 while analysts give the company a high EPS estimate of $0.42. Comparatively, EPS for the current quarter was $0.35 a year ago. Earnings per share for the fiscal year are expected to decrease by -25.70%, and -4.05% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 10 brokerage firm advisors rate Owl Rock Capital Corporation (ORCC) as a “Strong Buy” at a consensus score of 1.80. Specifically, 8 Wall Street analysts polled rate the stock as a buy, while 0 of the 10 advise that investors “hold,” and 1 rated it as a “Sell.”
Looking at the support for the ORCC, a number of firms have released research notes about the stock. Wells Fargo stated their Underweight rating for the stock in a research note on July 25, 2022, with the firm’s price target at $13.75-$12. Hovde Group coverage for the Owl Rock Capital Corporation (ORCC) stock in a research note released on May 06, 2022 offered a Outperform rating with a price target of $15. Hovde Group was of a view on March 07, 2022 that the stock is Market Perform, while Oppenheimer gave the stock Outperform rating on April 01, 2021, issuing a price target of $15. RBC Capital Mkts on their part issued Outperform rating on February 26, 2021.
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