NASDAQ:OCSLOaktree Specialty Lending Stock Price, Forecast & News

Oaktree Specialty Lending's stock was trading at $4.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OCSL shares have decreased by 0.5% and is now trading at $4.42. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oaktree Specialty Lending in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Oaktree Specialty Lending.

Oaktree Specialty Lending is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Oaktree Specialty Lending.

Oaktree Specialty Lending Corp (NASDAQ:OCSL) announced its earnings results on Thursday, May, 7th. The credit services provider reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. The credit services provider had revenue of $34.17 million for the quarter, compared to analyst estimates of $32.49 million. Oaktree Specialty Lending had a positive return on equity of 7.88% and a negative net margin of 86.32%. View Oaktree Specialty Lending's earnings history.

Oaktree Specialty Lending announced a quarterly dividend on Friday, May 8th. Stockholders of record on Monday, June 15th will be given a dividend of $0.095 per share on Tuesday, June 30th. This represents a $0.38 dividend on an annualized basis and a yield of 8.60%. The ex-dividend date is Friday, June 12th. View Oaktree Specialty Lending's dividend history.

6 Wall Street analysts have issued twelve-month price targets for Oaktree Specialty Lending's shares. Their forecasts range from $4.75 to $6.50. On average, they anticipate Oaktree Specialty Lending's share price to reach $5.29 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View analysts' price targets for Oaktree Specialty Lending.

Press coverage about OCSL stock has trended negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Oaktree Specialty Lending earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned press coverage about the credit services provider a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the stock's share price in the near term. View the latest news about Oaktree Specialty Lending.

Oaktree Specialty Lending saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,900,000 shares, a drop of 17.7% from the May 31st total of 2,310,000 shares. Based on an average daily trading volume, of 1,260,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.6% of the company's shares 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), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Oaktree Specialty Lending investors own include Prospect Capital (PSEC), Energy Transfer LP Unit (ET), AGNC Investment (AGNC), Ready Capital (RC), ANNALY CAP MGMT/SH (NLY), Ares Capital (ARCC), THL Credit (TCRD), Medley Capital (MCC), PennantPark Investment (PNNT) and AT&T (T).

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

Oaktree Specialty Lending's stock is owned by a number of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.11%). Company insiders that own Oaktree Specialty Lending stock include Armen Panossian, Bruce Zimmerman, Craig A Jacobson, Deborah Ann Gero, Leonard M Tannenbaum, Mathew Pendo and Melvin Carlisle. View institutional ownership trends for Oaktree Specialty Lending.

OCSL stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity 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 $4.42.

Oaktree Specialty Lending has a market capitalization of $623.04 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.

The official website for Oaktree Specialty Lending is 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]