NASDAQ:OCSL - Oaktree Specialty Lending Stock Price, Forecast & News

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

Oaktree Specialty Lending announced a quarterly dividend on Wednesday, November 20th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.095 per share on Tuesday, December 31st. This represents a $0.38 annualized dividend and a yield of 7.27%. The ex-dividend date is Thursday, December 12th. View Oaktree Specialty Lending's Dividend History.

Oaktree Specialty Lending Corp (NASDAQ:OCSL) released its quarterly earnings data on Wednesday, November, 20th. The credit services provider reported $0.12 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.12. The credit services provider had revenue of $34.51 million for the quarter, compared to the consensus estimate of $36.08 million. Oaktree Specialty Lending had a return on equity of 7.43% and a net margin of 85.42%. View Oaktree Specialty Lending's Earnings History.

Oaktree Specialty Lending is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Oaktree Specialty Lending.

4 analysts have issued 1 year price objectives for Oaktree Specialty Lending's stock. Their forecasts range from $5.75 to $7.00. On average, they anticipate Oaktree Specialty Lending's share price to reach $6.42 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price. View Analyst Price Targets for Oaktree Specialty Lending.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oaktree Specialty Lending in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Oaktree Specialty Lending.

News headlines about OCSL stock have trended negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Oaktree Specialty Lending earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news headlines about the credit services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Oaktree Specialty Lending.

Oaktree Specialty Lending saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 1,170,000 shares, an increase of 461.7% from the November 14th total of 208,300 shares. Based on an average daily volume of 372,500 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.0% of the shares of the stock are sold short. View Oaktree Specialty Lending's Current Options Chain.

Some companies that are related to Oaktree Specialty Lending include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Oaktree Specialty Lending investors own include Prospect Capital (PSEC), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), Ready Capital (RC), ANNALY CAP MGMT/SH (NLY), Ares Capital (ARCC), CHIMERA INVT CO/SH NEW (CIM), Ford Motor (F), Medley Capital (MCC) and PennantPark Investment (PNNT).

Oaktree Specialty Lending's stock is owned by a number of of retail and institutional investors. Top institutional investors include River Road Asset Management LLC (3.09%), Investment Management of Virginia LLC (0.92%), Keeley Teton Advisors LLC (0.76%), Millennium Management LLC (0.73%), Barclays PLC (0.71%) and Triad Investment Management (0.48%). Company insiders that own Oaktree Specialty Lending stock include Bruce Zimmerman, Craig A Jacobson, Deborah Ann Gero, John Frank, Leonard M Tannenbaum, Marc Gamsin, Mathew Pendo, Melvin Carlisle and Oaktree Capital Management Lp. View Institutional Ownership Trends for Oaktree Specialty Lending.

OCSL stock was sold by a variety of institutional investors in the last quarter, including Keeley Teton Advisors LLC, California Public Employees Retirement System, Timber Hill LLC, Sheaff Brock Investment Advisors LLC, Investment Management of Virginia LLC, Carnegie Capital Asset Management LLC and Stifel Financial Corp. View Insider Buying and Selling for Oaktree Specialty Lending.

OCSL stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, River Road Asset Management LLC, Clear Harbor Asset Management LLC, Barclays PLC, Brinker Capital Inc., Arnhold LLC, Triad Investment Management and Bailard Inc.. Company insiders that have bought Oaktree Specialty Lending stock in the last two years include Bruce Zimmerman, Craig A Jacobson, Deborah Ann Gero, John Frank, Marc Gamsin, Mathew Pendo, Melvin Carlisle and Oaktree Capital Management Lp. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OCSL stock can currently be purchased for approximately $5.23.

Oaktree Specialty Lending has a market capitalization of $737.22 million and generates $147.70 million in revenue each year. The credit services provider earns $126.16 million in net income (profit) each year or $0.48 on an earnings per share basis. View Additional Information About Oaktree Specialty Lending.

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

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]