Blue Owl Capital Corporation (NYSE:OBDC) is one of the most undervalued asset management stocks to buy. Citizens JMP revised its price target for Blue Owl Capital Corporation (NYSE:OBDC) on November 7, lowering it from $17 to $15, while maintaining an Outperform rating. The firm noted that the company’s third-quarter results prompted a reset of expectations, but it still sees strong value in the stock going forward.
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Early on November 5, Blue Owl Capital Corporation reported its third quarter results, affirming strong credit quality and underlying fundamentals. The company also reaffirmed its commitment to shareholder value.
Net investment income per share amounted to $0.37, as investment income fell to $453.1 million from $485.8 million delivered in the second quarter. The decrease was due to a decrease in income related to prepayments and interest income from debt investments.
Meanwhile, new investment commitments rose to $1.3 billion from $1.1 billion in the second quarter, as sales and redemptions totaled $797 million, compared with $1.9 billion in the same quarter.
Craig W. Packer, CEO of OBDC, noted that the company had delivered another strong quarter and emphasized the continued strength of its portfolio’s credit quality and fundamentals, attributes that have defined the platform since its inception. He also shared the company’s enthusiasm for the planned merger between OBDC and OBDC II, describing it as a strategic move aimed at creating long-term value for shareholders of both entities.
Accordingly, the board of directors approved a regular quarterly dividend of $0.37 per share, payable on January 15, 2026, to shareholders of record as of December 31, 2025. The board also approved a $200 million buyback program.
Blue Owl Capital Corporation (NYSE:OBDC) is an asset manager that provides private capital to companies and offers alternative investment opportunities to institutional and individual investors. It operates through three leading platforms: Credit, which offers direct lending solutions to middle market businesses; Real Assets; and GP Strategic Capital, which provides long-term financing to investment managers.
While we recognize the potential of OBDC as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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Disclosure: None. This article was originally published in Internal jumpsuit.