Blue Owl Capital Co. III (OBDE) Scheduled to Post Earnings on Wednesday

Blue Owl Capital Co. III (NYSE:OBDE) will be releasing its earnings data after the market closes on Wednesday, August 7th. Analysts expect Blue Owl Capital Co. III to post earnings of $0.40 per share for the quarter.

Blue Owl Capital Co. III (NYSE:OBDE) last issued its earnings results on Wednesday, May 8th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). Blue Owl Capital Co. III had a return on equity of 13.62% and a net margin of 63.33%. The firm had revenue of $113.45 million during the quarter, compared to the consensus estimate of $113.94 million. On average, analysts expect Blue Owl Capital Co. III to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Blue Owl Capital Co. III Stock Performance

Shares of Blue Owl Capital Co. III stock opened at $13.77 on Tuesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.37 and a quick ratio of 1.37. Blue Owl Capital Co. III has a 52-week low of $13.60 and a 52-week high of $16.80. The company has a market capitalization of $1.70 billion and a PE ratio of 6.15. The business has a 50 day moving average price of $15.08.

Blue Owl Capital Co. III Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 10.17%. The ex-dividend date was Thursday, June 27th. Blue Owl Capital Co. III’s dividend payout ratio is 61.67%.

Analyst Upgrades and Downgrades

Separately, Oppenheimer initiated coverage on shares of Blue Owl Capital Co. III in a report on Wednesday, April 17th. They issued an “outperform” rating and a $16.00 target price on the stock.

Blue Owl Capital Co. III Company Profile

Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.