Oppenheimer Initiates Coverage on Blue Owl Capital Co. III (NYSE:OBDE)

Oppenheimer started coverage on shares of Blue Owl Capital Co. III (NYSE:OBDEFree Report) in a research report report published on Wednesday morning, Marketbeat.com reports. The brokerage issued an outperform rating and a $16.00 price objective on the stock.

Blue Owl Capital Co. III Price Performance

OBDE opened at $15.07 on Wednesday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.78 and a current ratio of 1.78. The business has a 50 day simple moving average of $15.02. Blue Owl Capital Co. III has a 1-year low of $14.23 and a 1-year high of $15.56.

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

About Blue Owl Capital Co. III

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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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