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
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 Ratio10.83
Forward P/E Ratio13.49
P/E GrowthN/A
Sales & Book Value
Annual Sales$46.57 million
Price / Sales5.21
Cash Flow$0.6735 per share
Price / Cash12.22
Book Value$9.96 per share
Price / Book0.83
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
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 announced a quarterly dividend on Tuesday, May 8th. Shareholders 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 yield of 7.05%. The ex-dividend date of this dividend is Thursday, June 14th. This is a boost 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 (NASDAQ:OCSI) released its quarterly earnings results on Tuesday, May, 8th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.01. The business earned $10.56 million during 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?
2 analysts have issued 12-month price targets for Oaktree Strategic Income's shares. Their predictions range from $9.25 to $9.25. On average, they expect Oaktree Strategic Income's stock price to reach $9.25 in the next year. View Analyst Ratings for Oaktree Strategic Income.
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), Safeguard Scientifics (SFE), THL Credit (TCRD), TRIPLEPOINT VEN/COM (TPVG), Stellus Capital Investment (SCM), OFS Capital (OFS), Capitala Finance (CPTA), Garrison Capital (GARS), Elron Electronic Industries (ELRNF), Amern Cap Sr Fl/COM (ACSF) 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?
Media coverage about OCSI stock has trended somewhat negative recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oaktree Strategic Income earned a media sentiment score of 0.00 on Accern's scale. They also assigned headlines about the company an impact score of 45.49 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Oaktree Strategic Income's major shareholders?
Oaktree Strategic Income's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Springhouse Capital Management LP (4.02%), UBS Group AG (2.22%), Muzinich & Co. Inc. (1.95%), Wells Fargo & Company MN (1.42%), Oaktree Capital Management LP (1.33%) and Private Management Group Inc. (1.07%). Company insiders that own Oaktree Strategic Income stock include Bernard D Berman, Bruce Zimmerman, Leonard M Tannenbaum, Mathew Pendo, Oaktree Capital Management Lp, Patrick J Dalton, Richard P Dutkiewicz, Richard Ruben and Richard W Cohen. View Institutional Ownership Trends for Oaktree Strategic Income.
Which institutional investors are selling Oaktree Strategic Income stock?
OCSI stock was sold by a variety of institutional investors in the last quarter, including Muzinich & Co. Inc., UBS Group AG and B. Riley Financial Inc.. Company insiders that have sold Oaktree Strategic Income company stock in the last year include Bernard D Berman and Leonard M Tannenbaum. View Insider Buying and Selling for Oaktree Strategic Income.
Which institutional investors are buying Oaktree Strategic Income stock?
OCSI stock was acquired by a variety of institutional investors in the last quarter, including Springhouse Capital Management LP, Oaktree Capital Management LP, Private Management Group Inc., Punch & Associates Investment Management Inc., BB&T Securities LLC, Wells Fargo & Company MN, Relative Value Partners Group LLC and Millennium Management LLC. Company insiders that have bought Oaktree Strategic Income stock in the last two years include Bernard D Berman, Bruce Zimmerman, Leonard M Tannenbaum, Mathew Pendo, Oaktree Capital Management Lp, Patrick J Dalton, Richard P Dutkiewicz, Richard Ruben and Richard W Cohen. View Insider Buying and Selling for Oaktree Strategic Income.
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 $8.23.
How big of a company is Oaktree Strategic Income?
Oaktree Strategic Income has a market capitalization of $241.04 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 (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.
