Blue Owl Capital Co. III (OBDE) Set to Announce Quarterly Earnings on Wednesday

Blue Owl Capital Co. III (NYSE:OBDE) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Blue Owl Capital Co. III to post earnings of $0.43 per share for the quarter.

Blue Owl Capital Co. III (NYSE:OBDE) last posted its quarterly earnings results on Wednesday, February 21st. The company reported $0.58 EPS for the quarter. The business had revenue of $111.54 million during the quarter. Blue Owl Capital Co. III had a return on equity of 14.48% and a net margin of 67.44%. 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 Up 0.3 %

Shares of Blue Owl Capital Co. III stock opened at $15.49 on Tuesday. The company has a 50-day moving average price of $15.20. Blue Owl Capital Co. III has a fifty-two week low of $14.23 and a fifty-two week high of $16.80. The company has a market capitalization of $1.91 billion and a price-to-earnings ratio of 6.22. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.78 and a current ratio of 1.78.

Analysts Set New Price Targets

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