ORCC Stock Price, News & Analysis

On June 28, 2022, Wingspire Capital announced its agreement to acquire Liberty Commercial Finance. This acquisition will enhance Wingspire's equipment finance solutions, expanding its reach in the middle market. Liberty has a proven track record, having originated over $1.3 billion in equipment financing since 2017, and will contribute a strong origination platform. The deal is expected to close on June 30, 2022. The integration aims to create a premier financing platform, aligning the company cultures of both organizations.

Owl Rock Capital Corporation (NYSE: ORCC) reported a net investment income of $122.4 million ($0.31 per share) and a net income of $44.0 million ($0.11 per share) for Q1 2022. The net asset value per share decreased to $14.88 from $15.08 at year-end 2021. New investment commitments totaled $530.4 million, significantly lower than $1,589.2 million in Q4 2021. The company declared a dividend of $0.31 per share for Q2 2022, with 98.8% of debt investments at floating rates, positioning for potential gains amid rising interest rates.

Owl Rock Capital Corporation (ORCC) will release its Q1 2022 financial results on May 4, 2022, after market close. A conference call is scheduled for May 5, 2022, at 10:00 a.m. ET for discussion of these results. ORCC, a specialty finance company, managed a portfolio with an aggregate fair value of $12.7 billion as of December 31, 2021. It emphasizes lending to U.S. middle-market companies and is regulated as a business development company under the Investment Company Act of 1940.

Owl Rock Capital Corporation (ORCC) announced impressive fourth-quarter results for 2021, reporting net investment income of $137.9 million ($0.35 per share) and net income of $174.0 million ($0.44 per share). The net asset value per share rose to $15.08 from $14.95 in Q3 2021. The company declared a $0.31 dividend for Q1 2022, payable by May 13, 2022. In 2021, ORCC's investment commitments soared to $6.82 billion, up from $3.44 billion in 2020. Despite a strong performance, total expenses dramatically increased to $527.3 million from $283.8 million, largely due to rising interest and management fees.

Owl Rock Capital Corporation (NYSE: ORCC) will release its fourth-quarter and fiscal year results for the period ending December 31, 2021, on February 23, 2022, post-market close. A conference call is scheduled for February 24, 2022, at 10:00 a.m. ET to discuss these results. As of September 30, 2021, ORCC had investments with a fair value of $12.1 billion across 130 portfolio companies and manages approximately $34.6 billion in assets. Investors are advised to exercise caution as statements made are forward-looking and subject to risks.

Owl Rock, a division of Blue Owl Capital (NYSE: OWL), has appointed Victor Woolridge to the boards of its business development companies, including Owl Rock Capital Corporation (NYSE: ORCC). This appointment increases the board size for five BDCs to seven directors and for two BDCs to eight directors, with a majority being independent members. Woolridge, who has extensive experience in capital markets, will serve on key committees including the Nominating and Corporate Governance and Audit Committees for all boards. Owl Rock manages approximately $34.6 billion in assets.

Owl Rock Capital Corporation (NYSE: ORCC) reported a strong third quarter for 2021, with net investment income reaching $130.5 million ($0.33 per share) and net income of $142.9 million ($0.36 per share). The net asset value per share rose to $14.95 from $14.90 in the prior quarter. The Company experienced record originations and repayments, totaling $2.8 billion in new investments. A fourth quarter dividend of $0.31 per share has been declared. The portfolio remains robust, with 99.9% of debt investments at floating rates and a strong yield of 7.9%.

Owl Rock Capital Corporation (NYSE: ORCC) will release its third quarter financial results for the period ending September 30, 2021, on November 3, 2021, after market close. A conference call will be held on November 4, 2021, at 10:00 a.m. ET to discuss the results. ORCC had investments in 129 portfolio companies valued at $11.9 billion as of June 30, 2021. The company manages approximately $31.2 billion in assets as part of Blue Owl Capital. Forward-looking statements in the PR caution investors about risks and uncertainties affecting future performance.

Owl Rock Capital Corporation (NYSE: ORCC) reported a net investment income of $119.1 million, or $0.30 per share, for Q2 2021. Total investment income rose to $249.0 million, driven by growth in the portfolio and increased dividend income. New investment commitments reached $1,578.1 million across 16 new companies. The net asset value per share increased to $14.90 from $14.82 in Q1 2021. A quarterly dividend of $0.31 per share was declared for Q3 2021, payable by November 15, 2021.