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

Blue Owl Capital Co. III (NYSE:OBDE) will post its quarterly earnings results 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) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. The company had revenue of $123.18 million for the quarter, compared to analysts’ expectations of $119.08 million. Blue Owl Capital Co. III had a net margin of 54.40% and a return on equity of 12.53%. 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 0.1 %

NYSE:OBDE opened at $14.66 on Wednesday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market cap of $1.81 billion and a P/E ratio of 7.26. Blue Owl Capital Co. III has a fifty-two week low of $13.60 and a fifty-two week high of $16.80. The firm has a 50-day simple moving average of $14.51 and a two-hundred day simple moving average of $14.91.

Blue Owl Capital Co. III Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 9.55%. The ex-dividend date of this dividend was Monday, September 30th. Blue Owl Capital Co. III’s dividend payout ratio (DPR) is currently 69.31%.

Insider Activity at Blue Owl Capital Co. III

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

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.