Blue Owl Capital Co. III (NYSE:OBDE – Get Free Report) dropped 1.4% during mid-day trading on Monday . The stock traded as low as $15.05 and last traded at $15.20. Approximately 26,703 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 43,491 shares. The stock had previously closed at $15.41.
Analysts Set New Price Targets
Separately, Oppenheimer initiated coverage on shares of Blue Owl Capital Co. III in a research report on Wednesday. They issued an “outperform” rating and a $16.00 price target for the company.
Check Out Our Latest Report on Blue Owl Capital Co. III
Blue Owl Capital Co. III Price Performance
Blue Owl Capital Co. III (NYSE:OBDE – Get Free Report) last announced its quarterly 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 firm had revenue of $111.54 million during 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.
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