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

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

Blue Owl Capital Co. III (NYSE:OBDE) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). Blue Owl Capital Co. III had a net margin of 63.33% and a return on equity of 13.62%. The firm had revenue of $113.45 million for the quarter, compared to analysts’ expectations 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 Price Performance

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

Blue Owl Capital Co. III Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, Oppenheimer assumed 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 price objective for the company.

About Blue Owl Capital Co. III

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.