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

Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.40 per share for the quarter.

Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. Blue Owl Capital Co. III had a return on equity of 12.53% and a net margin of 54.40%. The business had revenue of $123.18 million for the quarter, compared to the consensus estimate of $119.08 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

Shares of OBDE traded down $0.08 during midday trading on Wednesday, reaching $14.58. The stock had a trading volume of 357,049 shares, compared to its average volume of 108,912. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $1.80 billion and a price-to-earnings ratio of 7.22. The company's 50-day moving average is $14.51 and its 200 day moving average is $14.91. Blue Owl Capital Co. III has a 12-month low of $13.60 and a 12-month high of $16.80.

Blue Owl Capital Co. III Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 9.60%. The ex-dividend date of this dividend was Monday, September 30th. Blue Owl Capital Co. III's dividend payout ratio is currently 69.31%.

Insider Transactions at Blue Owl Capital Co. III

In other Blue Owl Capital Co. III news, Director Victor Woolridge purchased 6,830 shares of the business's stock in a transaction on Monday, August 26th. The stock was acquired at an average cost of $14.64 per share, for a total transaction of $99,991.20. Following the completion of the transaction, the director now directly owns 6,830 shares in the company, valued at approximately $99,991.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, Director Victor Woolridge purchased 6,830 shares of the firm's stock in a transaction on Monday, August 26th. The shares were acquired at an average cost of $14.64 per share, with a total value of $99,991.20. Following the purchase, the director now directly owns 6,830 shares of the company's stock, valued at approximately $99,991.20. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Melissa Weiler acquired 12,000 shares of the company's stock in a transaction dated Tuesday, August 20th. The shares were bought at an average cost of $14.34 per share, with a total value of $172,080.00. Following the purchase, the director now owns 12,000 shares of the company's stock, valued at approximately $172,080. The disclosure for this purchase can be found here.

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.