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NYSE:OBDE

Blue Owl Capital Co. III (OBDE) Stock Price, News & Analysis

$16.48
+0.22 (+1.35%)
(As of 05/31/2024 ET)
Today's Range
$16.25
$16.50
50-Day Range
$14.99
$16.39
52-Week Range
$14.23
$16.80
Volume
23,510 shs
Average Volume
27,107 shs
Market Capitalization
$2.03 billion
P/E Ratio
7.26
Dividend Yield
8.50%
Price Target
$16.00

Blue Owl Capital Co. III MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.9% Downside
$16.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.14mentions of Blue Owl Capital Co. III in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.99 out of 5 stars

Finance Sector

801st out of 883 stocks

Holding & Other Investment Offices Industry

11th out of 16 stocks

OBDE stock logo

About Blue Owl Capital Co. III Stock (NYSE:OBDE)

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.

OBDE Stock Price History

OBDE Stock News Headlines

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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 6/14 Dividend
5/30/2024
Today
6/01/2024
Dividend Payable
6/14/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Holding & other investment offices
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$16.00
Low Stock Price Target
$16.00
Potential Upside/Downside
-2.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$271.96 million
Pretax Margin
59.24%

Debt

Sales & Book Value

Annual Sales
$422.83 million
Cash Flow
$2.18 per share
Book Value
$15.62 per share

Miscellaneous

Free Float
11,349,000
Market Cap
$2.03 billion
Optionable
N/A
Beta
N/A
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OBDE Stock Analysis - Frequently Asked Questions

Should I buy or sell Blue Owl Capital Co. III stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blue Owl Capital Co. III in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OBDE shares.
View OBDE analyst ratings
or view top-rated stocks.

What is Blue Owl Capital Co. III's stock price target for 2024?

1 brokerages have issued 1 year price targets for Blue Owl Capital Co. III's shares. Their OBDE share price targets range from $16.00 to $16.00. On average, they anticipate the company's share price to reach $16.00 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
View analysts price targets for OBDE
or view top-rated stocks among Wall Street analysts.

How have OBDE shares performed in 2024?

Blue Owl Capital Co. III's stock was trading at $14.51 at the start of the year. Since then, OBDE shares have increased by 13.6% and is now trading at $16.48.
View the best growth stocks for 2024 here
.

When is Blue Owl Capital Co. III's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our OBDE earnings forecast
.

How were Blue Owl Capital Co. III's earnings last quarter?

Blue Owl Capital Co. III (NYSE:OBDE) issued its quarterly earnings results on Wednesday, May, 8th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.43 by $0.04. The firm had revenue of $113.45 million for the quarter, compared to analyst estimates of $113.94 million. Blue Owl Capital Co. III had a trailing twelve-month return on equity of 13.62% and a net margin of 63.33%.

How often does Blue Owl Capital Co. III pay dividends? What is the dividend yield for Blue Owl Capital Co. III?

Blue Owl Capital Co. III declared a quarterly dividend on Wednesday, May 8th. Investors of record on Friday, June 28th will be paid a dividend of $0.35 per share on Monday, July 15th. This represents a $1.40 annualized dividend and a dividend yield of 8.50%. The ex-dividend date of this dividend is Friday, June 28th.
Read our dividend analysis for OBDE
.

Is Blue Owl Capital Co. III a good dividend stock?

Blue Owl Capital Co. III (NYSE:OBDE) pays an annual dividend of $1.40 per share and currently has a dividend yield of 8.50%. OBDE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, OBDE will have a dividend payout ratio of 87.50% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OBDE.

Who are Blue Owl Capital Co. III's major shareholders?

Blue Owl Capital Co. III's stock is owned by a number of retail and institutional investors. Top institutional investors include Trustees of Dartmouth College (4.35%), CNA Financial Corp (1.25%), California State Teachers Retirement System (0.65%), Boston Partners (0.14%), Requisite Capital Management LLC (0.03%) and Gilbert & Cook Inc. (0.01%).

How do I buy shares of Blue Owl Capital Co. III?

Shares of OBDE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OBDE) was last updated on 6/2/2024 by MarketBeat.com Staff

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