Blue Owl: Irrational Fears Return
Blue Owl Capital has seen recent stock declines driven by misplaced credit and AI disruption fears. The alternative asset manager reported strong Q4 '25 results: fee-related earnings and distributable income rose over 20% YoY, AUM reached $307 billion, and the dividend yield now exceeds 8%. Market concerns over software lending and fund liquidity are overstated; OWL's lending is conservative, with software loans at 30% loan-to-value and robust EBITDA growth.
Blue Owl Capital: I'm Finally Taking The Bull Camp
My contrarian bear case for Blue Owl Capital has played out as planned - i.e., the stock is down by ~22%. Even my thesis that the dividend will inevitably fall under the chopping block seems to come to fruition. However, I have to admit that the market has become too emotional here, pricing OBDC as it is about to face a calamity.
Illiquid loans, investor demands: Blue Owl's software lending triggers another quake in private credit
Blue Owl, a direct lender specializing in loans to the software industry, said Wednesday it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value. That means sophisticated players scrutinized the loans and the companies involved and felt comfortable paying nearly full price for the debt, a message that Blue Owl co-President Craig Packer sought to convey in interviews several times this week.
Here's Why Investors Are Worried About a Blue Owl Private Credit Fund—and Why It Matters
A private credit fund is triggering visions of cockroaches and canaries in coal mines in some investors' minds.
Blue Owl Capital Is Getting Crushed - But The Discount Looks Way Mispriced
Blue Owl Capital Corporation remains a Buy, as the market has already priced in deep concerns, with shares trading at a >20% NAV discount. OBDC's $400M asset sale at 99.7% of par to institutions validates portfolio quality and supports a refreshed $300M stock repurchase program. Software exposure (11% of portfolio) is being heavily discounted, yet non-accruals have improved to 1.1%, reinforcing credit resilience.
'Canary in the coal mine': Blue Owl liquidity curbs fuel fears about private credit bubble
Blue Owl Capital permanently restricted withdrawals from one of its retail-focused debt funds. Market watchers warn Blue Owls move could be the canary in the coal mine.
Blue Owl Tumbles as Investor Withdrawals Halted: Rugpull Or Business as Usual?
Blue Owl Capital ( NYSE:OWL ) shares are falling 9% in morning trading today after the firm announced it would permanently halt quarterly redemptions from its Blue Owl Capital Corporation II fund, known as OBDC II.
Blue Owl Capital: Aggressive Dividend Cut Already Priced In
Blue Owl Capital Corporation remains a 'Strong Buy' despite recent underperformance and dividend cut fears. Even under a pessimistic 25% dividend cut scenario, OBDC is undervalued by nearly 20% versus its intrinsic value and NAV. OBDC's pro forma yield would still be an attractive 9.25%, supported by a strong balance sheet and $3.2B liquidity.
Blue Owl Capital Inc. (OWL) Q4 2025 Earnings Call Transcript
Blue Owl Capital Inc. (OWL) Q4 2025 Earnings Call Transcript
Compared to Estimates, Blue Owl Capital (OWL) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Blue Owl Capital (OWL) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Blue Owl Capital Inc. (OWL) Q4 Earnings Beat Estimates
Blue Owl Capital Inc. (OWL) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago.
Blue Owl Capital: Caution Is Warranted
Blue Owl Capital Corporation is rated HOLD, reflecting modest portfolio quality decline, falling yields, and likely dividend reduction. OBDC trades at a 17% discount to Q3 '25 NAV and a P/B of 0.85%, the steepest in its peer group. Dividend coverage is weak; Q3's $0.37 dividend was not covered by net investment income, with management guiding toward a lower payout.
