NASDAQ:OCSL

Oaktree Specialty Lending Stock Forecast, Price & News

$6.73
+0.02 (+0.30 %)
(As of 06/23/2021 12:00 AM ET)
Add
Compare
Today's Range
$6.70
$6.76
50-Day Range
$6.41
$6.85
52-Week Range
$4.29
$6.92
Volume572,865 shs
Average Volume823,274 shs
Market Capitalization$1.21 billion
P/E Ratio2.79
Dividend Yield7.75%
Beta1.47
30 days | 90 days | 365 days | Advanced Chart
Receive OCSL News and Ratings via Email

Sign-up to receive the latest news and ratings for Oaktree Specialty Lending and its competitors with MarketBeat's FREE daily newsletter.


Oaktree Specialty Lending logo

About Oaktree Specialty Lending

Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and management buyouts in small and mid-sized companies. The fund seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising 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 with 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.76 out of 5 stars

Finance Sector

419th out of 1,980 stocks

Personal Credit Institutions Industry

5th out of 16 stocks

Analyst Opinion: 1.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Oaktree Specialty Lending (NASDAQ:OCSL) Frequently Asked Questions

Is Oaktree Specialty Lending a buy right now?

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

What stocks does MarketBeat like better than Oaktree Specialty Lending?

Wall Street analysts have given Oaktree Specialty Lending a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Oaktree Specialty Lending wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Oaktree Specialty Lending?

Oaktree Specialty Lending saw a decline in short interest in May. As of May 28th, there was short interest totaling 750,900 shares, a decline of 16.2% from the May 13th total of 895,700 shares. Based on an average trading volume of 896,400 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the company's shares are short sold.
View Oaktree Specialty Lending's Short Interest
.

When is Oaktree Specialty Lending's next earnings date?

Oaktree Specialty Lending is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Oaktree Specialty Lending
.

How were Oaktree Specialty Lending's earnings last quarter?

Oaktree Specialty Lending Co. (NASDAQ:OCSL) issued its quarterly earnings results on Thursday, May, 6th. The credit services provider reported $0.14 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.14. The credit services provider earned $41.94 million during the quarter, compared to analysts' expectations of $39.12 million. Oaktree Specialty Lending had a net margin of 217.84% and a trailing twelve-month return on equity of 8.16%.
View Oaktree Specialty Lending's earnings history
.

How has Oaktree Specialty Lending's stock price been impacted by COVID-19 (Coronavirus)?

Oaktree Specialty Lending's stock was trading at $4.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OCSL stock has increased by 51.6% and is now trading at $6.73.
View which stocks have been most impacted by COVID-19
.

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, May 6th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.13 per share on Wednesday, June 30th. This represents a $0.52 annualized dividend and a yield of 7.73%. The ex-dividend date is Monday, June 14th. This is an increase from Oaktree Specialty Lending's previous quarterly dividend of $0.12.
View Oaktree Specialty Lending's dividend history
.

Is Oaktree Specialty Lending a good dividend stock?

Oaktree Specialty Lending pays an annual dividend of $0.52 per share and currently has a dividend yield of 7.75%. OCSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Oaktree Specialty Lending does not yet have a strong track record of dividend growth. The dividend payout ratio of Oaktree Specialty Lending is 101.96%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Oaktree Specialty Lending will have a dividend payout ratio of 85.25% in the coming year. This indicates that Oaktree Specialty Lending may not be able to sustain their current dividend.
View Oaktree Specialty Lending's dividend history.

What price target have analysts set for OCSL?

3 brokerages have issued 1 year price objectives for Oaktree Specialty Lending's shares. Their forecasts range from $5.50 to $7.25. On average, they expect Oaktree Specialty Lending's share price to reach $6.38 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
View analysts' price targets for Oaktree Specialty Lending
or view top-rated stocks among Wall Street analysts.

Who are Oaktree Specialty Lending's key executives?

Oaktree Specialty Lending's management team includes the following people:
  • Mr. Sandeep Kumar Khorana, Managing Director of Origination (Age 48)
  • Mr. Armen Panossian J.D., CEO & Chief Investment Officer (Age 44)
  • Mr. Mathew M. Pendo, Pres & COO (Age 57)
  • Mr. Mel Carlisle CPA, CFO & Treasurer (Age 52)
  • Mr. Emil O. Caliboso, Accounting Supervisor
  • Mr. Michael Mosticchio, Investor Relations
  • Ms. Kimberly Larin, Chief Compliance Officer (Age 52)
  • Mr. Brian D. Finkelstein, Managing Director
  • Mr. Gregory M. Browne, Managing Director of Healthcare Leveraged Fin. Origination
  • Mr. Eric Johnson, Managing Director

Who are some of Oaktree Specialty Lending's key competitors?

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).

What is Oaktree Specialty Lending's stock symbol?

Oaktree Specialty Lending trades on the NASDAQ under the ticker symbol "OCSL."

Who are Oaktree Specialty Lending's major shareholders?

Oaktree Specialty Lending's stock is owned by a number of institutional and retail investors. Top institutional shareholders include River Road Asset Management LLC (4.55%), Rivernorth Capital Management LLC (3.37%), Private Management Group Inc. (4.29%), Bruni J V & Co. Co. (3.30%), Ares Management LLC (2.27%) and Kennedy Capital Management Inc. (2.59%). Company insiders that own Oaktree Specialty Lending stock include Armen Panossian, Craig A Jacobson, Deborah Ann Gero, Leonard M Tannenbaum, Leonard M Tannenbaum, Mathew Pendo, Melvin Carlisle and Richard Ruben.
View institutional ownership trends for Oaktree Specialty Lending
.

Which major investors are selling Oaktree Specialty Lending stock?

OCSL stock was sold by a variety of institutional investors in the last quarter, including Springhouse Capital Management LP, Sequoia Financial Advisors LLC, TCW Group Inc., D. E. Shaw & Co. Inc., BlackRock Inc., River Road Asset Management LLC, Stifel Financial Corp, and Neuberger Berman Group LLC.
View insider buying and selling activity for Oaktree Specialty Lending
or view top insider-selling stocks.

Which major investors are buying Oaktree Specialty Lending stock?

OCSL stock was acquired by a variety of institutional investors in the last quarter, including Ares Management LLC, Lindbrook Capital LLC, Private Management Group Inc., Credit Suisse AG, Morgan Stanley, Kennedy Capital Management Inc., Clayton Partners LLC, and Arrowstreet Capital Limited Partnership. Company insiders that have bought Oaktree Specialty Lending stock in the last two years include Armen Panossian, Craig A Jacobson, Deborah Ann Gero, Mathew Pendo, Melvin Carlisle, and Richard Ruben.
View insider buying and selling activity for Oaktree Specialty Lending
or or view top insider-buying stocks.

How do I buy shares of Oaktree Specialty Lending?

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

What is Oaktree Specialty Lending's stock price today?

One share of OCSL stock can currently be purchased for approximately $6.73.

How much money does Oaktree Specialty Lending make?

Oaktree Specialty Lending has a market capitalization of $1.21 billion and generates $143.13 million in revenue each year. The credit services provider earns $39.22 million in net income (profit) each year or $0.51 on an earnings per share basis.

What is Oaktree Specialty Lending's official website?

The official website for Oaktree Specialty Lending is www.oaktreespecialtylending.com.

Where are Oaktree Specialty Lending's headquarters?

Oaktree Specialty Lending is headquartered at 333 SOUTH GRAND AVENUE 28TH FLOOR, LOS ANGELES CA, 90071.

How can I contact Oaktree Specialty Lending?

Oaktree Specialty Lending's mailing address is 333 SOUTH GRAND AVENUE 28TH FLOOR, LOS ANGELES CA, 90071. The credit services provider can be reached via phone at 213-830-6300 or via email at [email protected]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.