Oaktree Strategic Income Stock Forecast, Price & News

Oaktree Strategic Income's stock was trading at $7.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OCSI shares have decreased by 12.7% and is now trading at $6.55.
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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."
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Oaktree Strategic Income is scheduled to release its next quarterly earnings announcement on Wednesday, November 18th 2020.
View our earnings forecast for Oaktree Strategic Income.

Oaktree Strategic Income Co. (NASDAQ:OCSI) announced its quarterly earnings data on Monday, August, 10th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.01. Oaktree Strategic Income had a negative net margin of 44.37% and a positive return on equity of 6.82%.
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Oaktree Strategic Income announced a quarterly dividend on Tuesday, August 11th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.125 per share on Wednesday, September 30th. This represents a $0.50 annualized dividend and a dividend yield of 7.63%. The ex-dividend date of this dividend is Monday, September 14th.
View Oaktree Strategic Income's dividend history.

1 Wall Street analysts have issued 12 month price objectives for Oaktree Strategic Income's shares. Their forecasts range from $7.00 to $7.00. On average, they expect Oaktree Strategic Income's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
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Oaktree Strategic Income saw a decline in short interest in August. As of August 31st, there was short interest totaling 45,300 shares, a decline of 47.7% from the August 15th total of 86,600 shares. Based on an average trading volume of 49,100 shares, the days-to-cover ratio is presently 0.9 days.
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Some companies that are related to Oaktree Strategic Income include Triplepoint Venture Growth BDC (TPVG), Pennantpark Floating Rate Capital (PFLT), Gladstone Investment (GAIN), Capital Southwest (CSWC), PennantPark Investment (PNNT), Stellus Capital Investment (SCM), Allied Minds (ALLWF), Safeguard Scientifics (SFE), THL Credit (TCRD), THL Credit (FCRD), Elron Electronic Industries (ELRNF), OFS Capital (OFS), InvestcorpCreditManagementBDCInc . (ICMB), 180 Degree Capital (TURN) and CM Finance (CMFN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Oaktree Strategic Income investors own include Energy Transfer LP Unit (ET), Medley Capital (MCC), NGL Energy Partners (NGL), THL Credit (TCRD), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), Triplepoint Venture Growth BDC (TPVG), Arlington Asset Investment (AI), Garrison Capital (GARS) and Prospect Capital (PSEC).

Oaktree Strategic Income trades on the NASDAQ under the ticker symbol "OCSI."

Oaktree Strategic Income's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Lindbrook Capital LLC (4.41%), West Family Investments Inc. (0.96%), CLARET ASSET MANAGEMENT Corp (0.88%), UBS Group AG (0.73%), Advisors Asset Management Inc. (0.52%) and TCW Group Inc. (0.42%). Company insiders that own Oaktree Strategic Income stock include Armen Panossian, Craig A Jacobson, Deborah Ann Gero, Leonard M Tannenbaum, Mathew Pendo, Melvin Carlisle, Paul E Hodges III, Richard Ruben and Richard W Cohen.
View institutional ownership trends for Oaktree Strategic Income.

OCSI stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Virtus ETF Advisers LLC, UBS Group AG, HighTower Advisors LLC, Partnervest Advisory Services LLC, Shelton Capital Management, Commonwealth Equity Services LLC, and Scotia Capital Inc.. Company insiders that have sold Oaktree Strategic Income company stock in the last year include Leonard M Tannenbaum, and Paul E Hodges III.
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OCSI stock was acquired by a variety of institutional investors in the last quarter, including CLARET ASSET MANAGEMENT Corp, TCW Group Inc., Advisors Asset Management Inc., Blue Zone Wealth Advisors LLC, Gratia Capital LLC, Lindbrook Capital LLC, and California Public Employees Retirement System. Company insiders that have bought Oaktree Strategic Income stock in the last two years include Armen Panossian, Craig A Jacobson, Deborah Ann Gero, Mathew Pendo, Melvin Carlisle, Richard Ruben, and Richard W Cohen.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of OCSI stock can currently be purchased for approximately $6.55.

Oaktree Strategic Income has a market capitalization of $193.01 million and generates $49.63 million in revenue each year. The company earns $6.97 million in net income (profit) each year or $0.72 on an earnings per share basis.

The official website for Oaktree Strategic Income is www.oaktreestrategicincome.com.

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]