Blue Owl Capital Corporation III (OBDE)
Market Cap | 1.81B |
Revenue (ttm) | n/a |
Net Income (ttm) | n/a |
Shares Out | 120.06M |
EPS (ttm) | n/a |
PE Ratio | n/a |
Forward PE | 10.16 |
Dividend | $0.59 (3.92%) |
Ex-Dividend Date | May 30, 2025 |
Volume | 1,023,408 |
Open | 15.02 |
Previous Close | 14.95 |
Day's Range | 14.92 - 15.38 |
52-Week Range | 13.60 - 16.80 |
Beta | n/a |
Analysts | Buy |
Price Target | 16.00 (+6.38%) |
Earnings Date | Feb 8, 2025 |
About OBDE
Blue Owl Capital Corporation III is a business development company specializing in middle market companies. It primarily invests in senior secured or unsecured loans, subordinated loans or mezzanine loans and, to a lesser extent, equity and equity-related securities, including, but not limited to, warrants, preferred stock and similar forms of senior equity. It prefers to invest in the United State region. [Read more]
Financial Performance
In 2023, OBDE's revenue was $422.83 million, an increase of 51.63% compared to the previous year's $278.86 million. Earnings were $297.56 million, an increase of 83.44%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for OBDE stock is "Buy" and the 12-month stock price forecast is $16.0.
News
Blue Owl Capital Corporation III Declares Special Dividend of $0.52 Per Share
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE) today announced that its Board of Directors has declared a special dividend of $0.52 per share. The special divid...
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BDC Weekly Review: BDCs Have Overcome The August Dip
We take a look at the action in business development companies through the first week of December and highlight some of the key themes we are watching. BDCs experienced a slight decline this week, but...
BLUE OWL CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Blue Owl Capital Corporation III - OBDE
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Blue Owl Capit...
BDC Weekly Review: Tax-Loss Season Is Approaching
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV...
Blue Owl Capital Corporation III Reports Third Quarter Net Investment Income Per Share of $0.41 and Net Asset Value Per Share of $15.49
NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE, or the "Company") today announced financial results for its third quarter ended September 30, 2024. THIRD QUARTER ...
BDC Weekly Review: PSEC Doubles Down On Its Strategy
We take a look at the action in business development companies through the fourth week of October and highlight some of the key themes we are watching. BDCs underperformed this week but still outpaced...
BDC Weekly Review: PIK Is At Record High
We take a look at the action in business development companies through the third week of October and highlight some of the key themes we are watching. BDCs had a strong week, rising over 1%, supported...
Blue Owl Capital Corporation III Schedules Earnings Release and Quarterly Earnings Call to Discuss its Third Quarter Ended September 30, 2024 Financial Results
NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE) ("OBDE") today announced it will release its financial results for the third quarter ended September 30, 2024 on W...
BDC Weekly Review: Q2 Wrap-Up
We take a look at the action in business development companies through the fourth week of August and highlight some of the key themes we are watching. BDCs were up nearly 1% on the week, partly retrac...
Why We Are Adding BDCs To Our Income Portfolios Right Now
Over the last couple of weeks we added a number of new BDC positions to our Income Portfolios despite a fairly expensive credit market backdrop. We discuss the reasons behind this and where we see val...
BDC Weekly Review: Yield Myopia Ignores The Right Metrics
We take a look at the action in business development companies through the second week of August and highlight some of the key themes we are watching. BDCs underperformed with a total return of -2% du...
Blue Owl Capital Corporation III Reports Second Quarter Net Investment Income Per Share of $0.41 and Net Asset Value Per Share of $15.56
NEW YORK , Aug. 7, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE, or the "Company") today announced financial results for its second quarter ended June 30, 2024. SECOND QUARTER 202...
Blue Owl Capital Corporation and Blue Owl Capital Corporation III Announce Merger Agreement
Merger of two high-quality, diversified portfolios with substantial investment overlap significantly enhances scale Will create second largest publicly traded BDC by total assets, with $18.4 billion o...
Opportunities In Income Securities That Have Lagged The Rally
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BDC Weekly Review: The Benefits Of Convertible Bonds For BDCs
We take a look at the action in business development companies through the first week of July and highlight some of the key themes we are watching. BDCs had a strong week with a 1.5% total return, out...
8-11% Dividend Yields To Buy In July 2024
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2 Very Overrated And 2 Very Underrated BDCs
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8%-Yielding Tax-Free Portfolio For Retirement Passive Income
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Blue Owl Capital Corporation III Schedules Earnings Release and Quarterly Earnings Call to Discuss its Second Quarter Ended June 30, 2024 Financial Results
NEW YORK , July 3, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE) ("OBDE") today announced it will release its financial results for the second quarter ended June 30, 2024 on Wedne...
BDC Weekly Review: Lender-On-Lender Violence Reaches Private Lending
We take a look at the action in business development companies through the first week of June and highlight some of the key themes we are watching. BDCs were flat on the week, with the two Blue Owl BD...
Blue Owl Capital Corporation III (OBDE) Q1 2024 Earnings Call Transcript
Blue Owl Capital Corporation III (NYSE:OBDE) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Craig Packer - CEO Jonathan Lamm - CFO Conference Call Participants Brian M...
Blue Owl Capital Corporation III Reports First Quarter Net Investment Income Per Share of $0.39 and NAV Per Share of $15.65
NEW YORK, May 8, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE, or the "Company") today announced financial results for its first quarter ended March 31, 2024.
BDC Weekly Wrap: GBDC Reports Good Results
We take a look at the BDC sector through the fourth week in April. BDCs had a good week and month with a return of around 2% in April. Golub Capital declared a flat dividend and a rise in net income.
Blue Owl Capital Corporation III Schedules Earnings Release and Quarterly Earnings Call to Discuss its First Quarter Ended March 31, 2024 Financial Results
NEW YORK , April 8, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE: OBDE) ("OBDE") today announced it will release its financial results for the first quarter ended March 31, 2024 on Wedn...