Fubotv earnings beat by $0.10, revenue topped estimates
Victor Woolridge, a director at Blue Owl Capital Corp (NYSE:OBDC), a $7.45 billion business development company trading at an attractive P/E ratio of 9.3, recently acquired 6,915 shares of the company’s common stock. The shares were purchased at a price of $14.45 each, totaling approximately $99,921. This transaction, dated May 27, 2025, increases Woolridge’s indirect ownership through a trust to 28,191 shares. The transaction was executed with no equity swap involved, and the shares include those acquired under the company’s dividend reinvestment plan. Notably, OBDC offers an impressive 11.3% dividend yield and has maintained a strong dividend growth track record. According to InvestingPro, the company’s overall financial health is rated as GOOD, with multiple additional insights available to subscribers. The acquisition was signed on behalf of Woolridge by Karen Hager, under a power of attorney. For comprehensive analysis of insider trading patterns and over 30+ key financial metrics, explore OBDC’s detailed InvestingPro Research Report.
In other recent news, Blue Owl Capital Corp has announced the issuance of $500 million in notes due in 2030, which will bear an interest rate of 6.200% and are part of a strategy to manage its capital structure. The company plans to use the proceeds to repay existing debts, including its senior secured revolving credit facility. Meanwhile, Owl Rock Capital Corp , a part of Blue Owl Capital, reported its Q1 2025 earnings, missing forecasts with an earnings per share (EPS) of $0.39 against an expected $0.43 and revenue of $464.6 million compared to a forecast of $469.36 million. Despite the earnings miss, the company maintains a robust portfolio with nearly $18 billion in total investments and net assets close to $8 billion. In terms of strategic movements, the merger between OBD and OBDC has been completed, focusing on loan growth and operational efficiencies. Analysts have noted the potential for interest rate reductions in 2025, which could impact future earnings. The company has also amended its investment advisory agreement to ensure that any income arising solely from the merger accounting treatment will not affect the incentive fees payable. Blue Owl Capital continues to explore alternative credit strategies, supported by a strong balance sheet and significant liquidity.
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