Oaktree Strategic Income Corporation, formerly Fifth Street Senior Floating Rate Corp., is a closed-end, non-diversified management investment company. The Company operates as a specialty finance company. The Company's investment objective is to maximize its portfolio's total return by generating current income from its debt investments while seeking to preserve its capital. The Company invests in senior secured loans, including first lien, unitranche and second lien debt instruments. The Company may also invest in unsecured loans, including subordinated loans, issued by private middle market companies, and senior and subordinated loans issued by public companies and equity investments. The senior loans that the Company targets have final maturities of 4 to 7 years. The Company seeks to invest in senior loans made primarily to private middle market companies. The Company's investment advisor is Oaktree Capital Management, L.P.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:OCSI
CUSIPN/A
Phone213-830-6300
Debt
Debt-to-Equity Ratio0.60
Current Ratio0.34
Quick Ratio0.34
Price-To-Earnings
Trailing P/E Ratio11.09
Forward P/E Ratio13.82
P/E GrowthN/A
Sales & Book Value
Annual Sales$46.57 million
Price / Sales5.33
Cash Flow$0.6664 per share
Price / Cash12.65
Book Value$9.96 per share
Price / Book0.85
Profitability
EPS (Most Recent Fiscal Year)$0.76
Net Income$-8,760,000.00
Net Margins-8.28%
Return on Equity6.91%
Return on Assets3.43%
Miscellaneous
EmployeesN/A
Outstanding Shares29,470,000
Market Cap$249.58
Oaktree Strategic Income (NASDAQ:OCSI) Frequently Asked Questions
What is Oaktree Strategic Income's stock symbol?
Oaktree Strategic Income trades on the NASDAQ under the ticker symbol "OCSI."
How often does Oaktree Strategic Income pay dividends? What is the dividend yield for Oaktree Strategic Income?
Oaktree Strategic Income declared a quarterly dividend on Tuesday, May 8th. Stockholders of record on Friday, June 15th will be given a dividend of $0.145 per share on Friday, June 29th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date is Thursday, June 14th. This is a positive change from Oaktree Strategic Income's previous quarterly dividend of $0.14. View Oaktree Strategic Income's Dividend History.
How were Oaktree Strategic Income's earnings last quarter?
Oaktree Strategic Income Co. (NASDAQ:OCSI) released its quarterly earnings data on Tuesday, May, 8th. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.01. The company had revenue of $10.56 million for the quarter. Oaktree Strategic Income had a negative net margin of 8.28% and a positive return on equity of 6.91%. View Oaktree Strategic Income's Earnings History.
When is Oaktree Strategic Income's next earnings date?
What price target have analysts set for OCSI?
1 brokerages have issued 12-month price targets for Oaktree Strategic Income's shares. Their forecasts range from $10,000,000.00 to $0.00. On average, they expect Oaktree Strategic Income's share price to reach $0.00 in the next twelve months. This suggests that the stock has a possible downside of 100.0%. View Analyst Ratings for Oaktree Strategic Income.
What is the consensus analysts' recommendation for Oaktree Strategic Income?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oaktree Strategic Income in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Oaktree Strategic Income's key competitors?
Some companies that are related to Oaktree Strategic Income include Pennantpark Floating Rate Capital (PFLT), PennantPark Investment (PNNT), Gladstone Investment (GAIN), Capital Southwest (CSWC), Arlington Asset Investment (AI), THL Credit (TCRD), Safeguard Scientifics (SFE), TRIPLEPOINT VEN/COM (TPVG), Stellus Capital Investment (SCM), OFS Capital (OFS), Capitala Finance (CPTA), Garrison Capital (GARS), Amern Cap Sr Fl/COM (ACSF), KCAP Financial (KCAP) and CM Finance (CMFN).
Who are Oaktree Strategic Income's key executives?
Oaktree Strategic Income's management team includes the folowing people:
- Edgar Lee, Chief Executive Officer, Chief Investment Officer (Age 41)
- Mel Carlisle, Chief Financial Officer, Treasurer (Age 49)
- Mathew M. Pendo, Chief Operating Officer (Age 54)
- Kimberly Larin, Chief Compliance Officer (Age 49)
- John B. Frank, Director (Age 61)
- Richard W. Cohen, Independent Director (Age 63)
- Marc H. Gamsin, Independent Director (Age 62)
- Craig Jacobson, Independent Director (Age 65)
- Richard G. Ruben, Independent Director (Age 62)
Has Oaktree Strategic Income been receiving favorable news coverage?
Headlines about OCSI stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Oaktree Strategic Income earned a media sentiment score of 0.09 on Accern's scale. They also assigned media headlines about the company an impact score of 46.00 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of Oaktree Strategic Income?
Shares of OCSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Oaktree Strategic Income's stock price today?
One share of OCSI stock can currently be purchased for approximately $8.43.
How big of a company is Oaktree Strategic Income?
Oaktree Strategic Income has a market capitalization of $249.58 million and generates $46.57 million in revenue each year. The company earns $-8,760,000.00 in net income (profit) each year or $0.76 on an earnings per share basis.
How can I contact Oaktree Strategic Income?
Oaktree Strategic Income's mailing address is 333 SOUTH GRAND AVENUE 28TH FLOOR, LOS ANGELES CA, 90071. The company can be reached via phone at 213-830-6300 or via email at [email protected]
MarketBeat Community Rating for Oaktree Strategic Income (NASDAQ OCSI)
MarketBeat's community ratings are surveys of what our community members think about Oaktree Strategic Income and other stocks. Vote "Outperform" if you believe OCSI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OCSI will underperform the S&P 500 over the long term. You may vote once every thirty days.
