An Owl Rock Capital Corporation (ORCC) Vice President Buys 3840.0 Shares

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BEPC Stock
BEPC Stock

Owl Rock Capital Corporation (NYSE:ORCC) traded with a subtraction of -$0.07 to close at $11.52 on Friday, a downside of -0.60 percent. An average of 2,449,842 shares of common stock have been traded in the last five days. There was a fall of -$0.16 in the past week, and it reached a new high 17 times over the past 12 months. The last 20 days have seen an average of 2,199,301 shares traded, while the 50-day average volume stands at 2,208,976.

ORCC stock has decreased by -9.17% in the last month. The company shares reached their 1-month lowest point of $11.40 on 12/30/22. With the stock rallying to its 52-week high on 04/18/22, shares of the company touched a low of $10.15 and a high of $15.29 in 52 weeks. It has reached a new high 16 times so far this year and lost -17.96% or -$2.61 in price. In spite of this, the price is down -24.68% from the 52-week high.

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Valuation Metrics

Owl Rock Capital Corporation (ORCC) has a trailing price-to-earnings (P/E) ratio of 10.18. The stock’s beta is 0.98. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.97, the price-to-book (PB) ratio at 0.78.

The company has a payout ratio of 108.90%. The company’s most recent quarterly dividend payment was $0.33 a share, representing a up of 1000.0% from $0.03 last year. Its latest increase dividend $0.30 reported on Wednesday November 2 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 1.23 and a total debt to equity ratio of 1.23 for the quarter ending September 29. Its gross profit as reported stood at $527.26 million compared to revenue of $1.02 billion.

Earnings Surprise

The analyst consensus anticipated Owl Rock Capital Corporation’s latest quarter earnings to come in at $0.34 per share, but it turned out to be $0.37, a 8.80% surprise. For the quarter, EBITDA amounted to $225.79 million. Shareholders own equity worth $393.82 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Owl Rock Capital Corporation (ORCC) price momentum. RSI 9-day as of the close on 29 December was 31.37%, suggesting the stock is Neutral, with historical volatility in this time frame at 18.90%.

As of today, ORCC’s price is $11.76 -1.41% or -$0.16 from its 5-day moving average. ORCC is currently trading -9.95% lower than its 20-day SMA and -14.16% lower than its 100-day SMA. However, the stock’s current price level is +5.43% above the SMA50 and -19.43% below the SMA200.

The stochastic %K and %D were 14.47% and 24.43%, respectively, and the average true range (ATR) was 0.27. With the 14-day stochastic at 12.29% and the average true range at 0.28, the RSI (14) stands at 35.63%. The stock has reached -0.11 on the 9-day MACD Oscillator while the 14-day reading was at -0.25.

Analyst Ratings

Wells Fargo downgraded Owl Rock Capital Corporation (NYSE: ORCC) to a an Underweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for Owl Rock Capital Corporation (ORCC) among analysts is Buy. According to current brokerage recommendations, 1 brokerage firm advise that investors sell ORCC, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 9 others rate it as a “buy”.

What is ORCC’s price target for the next 12 months?

Analysts predict a range of price targets between $11.50 and $16.00, with a median target of $15.00. Taking a look at these predictions, the average price target given by analysts for Owl Rock Capital Corporation (ORCC) stock is $14.73.

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