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Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
Johnson & Johnson’s Q1 Checkup: Mixed Results, Optimism Remains
NASDAQ:OCSL

Oaktree Specialty Lending (OCSL) Stock Price, News & Analysis

$19.43
+0.14 (+0.73%)
(As of 04/17/2024 ET)
Today's Range
$19.32
$19.48
50-Day Range
$19.03
$20.23
52-Week Range
$17.99
$21.64
Volume
243,016 shs
Average Volume
669,016 shs
Market Capitalization
$1.53 billion
P/E Ratio
12.87
Dividend Yield
11.32%
Price Target
$20.67

Oaktree Specialty Lending MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.4% Upside
$20.67 Price Target
Short Interest
Healthy
3.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.21mentions of Oaktree Specialty Lending in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$40,140 Bought Last Quarter
Proj. Earnings Growth
-0.43%
From $2.31 to $2.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.30 out of 5 stars

Finance Sector

723rd out of 819 stocks

Personal Credit Institutions Industry

13th out of 14 stocks

OCSL stock logo

About Oaktree Specialty Lending Stock (NASDAQ:OCSL)

Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering. The firm also seeks investment in media, advertising sectors, software, IT services, pharmaceuticals, biotechnology, real estate management and development, chemicals, machinery, and internet and direct marketing retail sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies. The firm invest in companies having enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.

OCSL Stock Price History

OCSL Stock News Headlines

Oaktree Specialty Lending Corp BDC
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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Key Takeaways From Oaktree Specialty Lending Analyst Ratings
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
OCSL Aug 2024 15.000 put
Oaktree Specialty Lending Corp.
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Q1 2024 Oaktree Specialty Lending Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:OCSL
CUSIP
31678A10
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.67
High Stock Price Target
$22.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+6.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$117.33 million
Pretax Margin
29.41%

Debt

Sales & Book Value

Annual Sales
$122.38 million
Cash Flow
$2.39 per share
Book Value
$19.67 per share

Miscellaneous

Free Float
78,736,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
1.06
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Key Executives

  • Mr. Armen Panossian J.D. (Age 48)
    CEO & Chief Investment Officer
  • Mr. Mathew M. Pendo (Age 60)
    President
  • Mr. Aman Kumar
    Managing Director & Co-Portfolio Manager of Life Sciences Direct Lending
  • Mr. Raghav Khanna (Age 40)
    Managing Director & Co-Portfolio Manager
  • Mr. Christopher McKown (Age 43)
    MD,CFO & Treasurer
  • Mr. Matthew Stewart C.F.A. (Age 39)
    CPA, MD & COO
  • Mr. Michael Mosticchio
    Investor Relations
  • Ms. Mary Gallegly
    MD,General Counsel & Secretary
  • Ms. Ashley Pak (Age 46)
    Chief Compliance Officer
  • Mr. Sandeep Kumar Khorana (Age 51)
    Managing Director of Origination

OCSL Stock Analysis - Frequently Asked Questions

Should I buy or sell Oaktree Specialty Lending stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oaktree Specialty Lending in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OCSL shares.
View OCSL analyst ratings
or view top-rated stocks.

What is Oaktree Specialty Lending's stock price target for 2024?

6 Wall Street research analysts have issued twelve-month target prices for Oaktree Specialty Lending's stock. Their OCSL share price targets range from $19.00 to $22.00. On average, they predict the company's share price to reach $20.67 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price.
View analysts price targets for OCSL
or view top-rated stocks among Wall Street analysts.

How have OCSL shares performed in 2024?

Oaktree Specialty Lending's stock was trading at $20.42 at the beginning of the year. Since then, OCSL stock has decreased by 4.8% and is now trading at $19.43.
View the best growth stocks for 2024 here
.

When is Oaktree Specialty Lending's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our OCSL earnings forecast
.

How can I listen to Oaktree Specialty Lending's earnings call?

Oaktree Specialty Lending will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "2416934".

How were Oaktree Specialty Lending's earnings last quarter?

Oaktree Specialty Lending Co. (NASDAQ:OCSL) posted its quarterly earnings results on Thursday, February, 1st. The credit services provider reported $0.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.04. The credit services provider earned $97.99 million during the quarter, compared to the consensus estimate of $99.48 million. Oaktree Specialty Lending had a trailing twelve-month return on equity of 12.22% and a net margin of 28.81%. During the same period last year, the firm posted $0.61 earnings per share.

How often does Oaktree Specialty Lending pay dividends? What is the dividend yield for Oaktree Specialty Lending?

Oaktree Specialty Lending declared a quarterly dividend on Thursday, February 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.55 per share on Friday, March 29th. This represents a $2.20 annualized dividend and a dividend yield of 11.32%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for OCSL
.

Is Oaktree Specialty Lending a good dividend stock?

Oaktree Specialty Lending (NASDAQ:OCSL) pays an annual dividend of $2.20 per share and currently has a dividend yield of 11.42%. OCSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 145.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, OCSL will have a dividend payout ratio of 95.65% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OCSL.

What ETFs hold Oaktree Specialty Lending's stock?
When did Oaktree Specialty Lending's stock split?

Shares of Oaktree Specialty Lending reverse split on the morning of Monday, January 23rd 2023. The 1-3 reverse split was announced on Monday, January 23rd 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, January 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

What other stocks do shareholders of Oaktree Specialty Lending own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Oaktree Specialty Lending investors own include Prospect Capital (PSEC), Energy Transfer (ET), AGNC Investment (AGNC), Annaly Capital Management (NLY), Ready Capital (RC), Ares Capital (ARCC), AT&T (T), PennantPark Investment (PNNT), PhenixFIN (MCC) and New Residential Investment (NRZ).

Who are Oaktree Specialty Lending's major shareholders?

Oaktree Specialty Lending's stock is owned by many different institutional and retail investors. Top institutional shareholders include Melia Wealth LLC (0.85%), Trinity Financial Advisors LLC (0.57%), Rezny Wealth Management Inc. (0.33%), Hennion & Walsh Asset Management Inc. (0.29%), Triad Investment Management (0.23%) and Confluence Investment Management LLC (0.05%). Insiders that own company stock include Ashley Pak, Christopher Mckown, Leonard M Tannenbaum, Leonard M Tannenbaum, Mathew Pendo, Matthew Stewart and Phyllis R Caldwell.
View institutional ownership trends
.

How do I buy shares of Oaktree Specialty Lending?

Shares of OCSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OCSL) was last updated on 4/18/2024 by MarketBeat.com Staff

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