Blue Owl Capital Co. III (NYSE:OBDE) Now Covered by Analysts at Oppenheimer

Research analysts at Oppenheimer assumed coverage on shares of Blue Owl Capital Co. III (NYSE:OBDE) in a research note issued to investors on Wednesday, Marketbeat reports. The firm set an “outperform” rating and a $16.00 price target on the stock. Oppenheimer’s target price suggests a potential upside of 5.68% from the company’s current price.

Blue Owl Capital Co. III Price Performance

Shares of Blue Owl Capital Co. III stock traded up $0.04 during mid-day trading on Wednesday, hitting $15.14. 12,269 shares of the stock were exchanged, compared to its average volume of 42,510. The stock has a 50-day moving average of $15.01. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.78 and a quick ratio of 1.78. Blue Owl Capital Co. III has a twelve month low of $14.23 and a twelve month high of $15.56.

Blue Owl Capital Co. III (NYSE:OBDE) last released its earnings results on Wednesday, February 21st. The company reported $0.58 earnings per share (EPS) for the quarter. Blue Owl Capital Co. III had a net margin of 67.44% and a return on equity of 14.48%. The business had revenue of $111.54 million for the quarter.

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.