Blue Owl Capital Corporation III (OBDE)

NYSE: OBDE · Real-Time Price · USD
15.04
+0.09 (0.60%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.60%
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]

Sector Financials
Founded 2020
Country United States
Stock Exchange NYSE
Ticker Symbol OBDE
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for OBDE stock is "Buy" and the 12-month stock price forecast is $16.0.

Price Target
$16.0
(6.38% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: OBDCOWL
5 days ago - PRNewsWire

I'm Putting +9% Yields Under My Income Tree

I've always loved seeing carefully wrapped gifts underneath the Christmas tree. I also love seeing income rain into my account. Don't miss out on wonderful memories because you missed buying cheap inc...

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7 days ago - Seeking Alpha

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...

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7 days ago - Seeking Alpha

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...

Other symbols: OBDC
4 weeks ago - Business Wire

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...

5 weeks ago - Seeking Alpha

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 ...

6 weeks ago - PRNewsWire

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...

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7 weeks ago - Seeking Alpha

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...

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2 months ago - Seeking Alpha

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...

Other symbols: OWL
2 months ago - PRNewsWire

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...

Other symbols: BCSF
4 months ago - Seeking Alpha

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...

Other symbols: BCSFMSDLNCDL
4 months ago - Seeking Alpha

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...

Other symbols: BBDCBCSFCGBDTPVG
4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

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4 months ago - PRNewsWire

Opportunities In Income Securities That Have Lagged The Rally

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5 months ago - Seeking Alpha

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...

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5 months ago - Seeking Alpha

8-11% Dividend Yields To Buy In July 2024

Investing in high-yield stocks can provide attractive long-term total returns and passive income for an accelerated retirement timeline. We discuss three stocks that offer 8-11% dividend yields. These...

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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

Generating tax-efficient high yields is a major priority for many retirees. This article draws on three defensive sectors to build a tax-friendly portfolio. I share some of my favorite retirement inco...

6 months ago - Seeking Alpha

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...

Other symbols: OWL
6 months ago - PRNewsWire

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...

Other symbols: OBDC
6 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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.

8 months ago - PRNewsWire

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.

Other symbols: GBDC
8 months ago - Seeking Alpha

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...

Other symbols: OWL
9 months ago - PRNewsWire