RBC Capital Sticks to Their Hold Rating for Owl Rock Capital Corp

RBC Capital Sticks to Their Hold Rating for Owl Rock Capital Corp

May 13, 2020


RBC Capital analyst Kenneth Lee maintained a Hold rating on Owl Rock Capital (NYSE:ORCC) Corp on Tuesday, setting a price target of $13, which is approximately 2.77% above the present share price of $12.65.

Lee expects Owl Rock Capital Corp to post earnings per share (EPS) of -$0.79 for the second quarter of 2020.

The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Owl Rock Capital, with an average price target of $13.5.
The analysts price targets range from a high of $15 to a low of $12.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of -$347.46 million and a net profit of $0. The company's market cap is $4.88 billion.

According to TipRanks.com, RBC Capital analyst Kenneth Lee is a 1-star analyst with an average return of -5.0% and a 41.8% success rate.

Owl Rock Capital Corp, non traded business development company, seeks investment opportunities in middle market companies located in the US with an EBITDA of $10 to $250 million and annual revenue of $50 million to $2.5 billion. It focuses on broad range of sectors including business services, healthcare services, pharma & healthcare technology, aerospace & defences, software & technology and manufacturing & industrials. The fund provides financing in the form of senior secured or unsecured loans, subordinated loans or mezzanine loans and a lesser extent, equity-related securities and warrants for growth, acquisitions, market or product expansion, re-financings and recapitalizations. Its investment size ranging from $20 to $250 million and it also acts as a lead investor.

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