NASDAQ:OCSL - Oaktree Specialty Lending Stock Price, Price Target & More

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$4.67 -0.01 (-0.21 %)
(As of 07/16/2018 02:38 AM ET)
Previous Close$4.67
Today's Range$4.67 - $4.70
52-Week Range$4.17 - $5.91
Volume67,957 shs
Average Volume460,883 shs
Market Capitalization$658.29 million
P/E Ratio9.16
Dividend Yield8.14%
Beta0.18
Oaktree Specialty Lending logoOaktree Specialty Lending Corporation, formerly Fifth Street Finance Corp., is a specialty finance company. The Company is focused on providing customized one-stop credit solutions to companies with limited access to public or syndicated capital markets. The Company provides companies with flexible financing solutions including first and second lien loans, unsecured and mezzanine loans, and preferred equity. The company acts as a business development company. The Company serves various industries, including Internet software and services, healthcare services, multi-sector holdings, advertising, healthcare equipment, pharmaceuticals, construction and engineering, research and consulting services, and industrial machinery. The Company's investment advisor is Oaktree Capital Management, L.P.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Personal credit institutions
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNASDAQ:OCSL
CUSIP31678A10
Phone213-830-6300

Debt

Debt-to-Equity Ratio0.48
Current Ratio0.16
Quick Ratio0.16

Price-To-Earnings

Trailing P/E Ratio9.16
Forward P/E Ratio11.68
P/E Growth5.89

Sales & Book Value

Annual Sales$177.96 million
Price / Sales3.70
Cash Flow$0.5586 per share
Price / Cash8.36
Book Value$6.16 per share
Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)$0.51
Net Income$-196,960,000.00
Net Margins-95.34%
Return on Equity6.74%
Return on Assets3.65%

Miscellaneous

EmployeesN/A
Outstanding Shares140,960,000
Market Cap$658.29

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Oaktree Specialty Lending (NASDAQ:OCSL) Frequently Asked Questions

What is Oaktree Specialty Lending's stock symbol?

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

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

Oaktree Specialty Lending announced a quarterly dividend on Tuesday, May 8th. Investors of record on Friday, June 15th will be given a dividend of $0.095 per share on Friday, June 29th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 8.14%. The ex-dividend date is Thursday, June 14th. This is an increase from Oaktree Specialty Lending's previous quarterly dividend of $0.09. View Oaktree Specialty Lending's Dividend History.

How were Oaktree Specialty Lending's earnings last quarter?

Oaktree Specialty Lending Corp (NASDAQ:OCSL) posted its earnings results on Tuesday, May, 8th. The credit services provider reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.02. The credit services provider earned $34.78 million during the quarter, compared to analysts' expectations of $31.72 million. Oaktree Specialty Lending had a negative net margin of 95.34% and a positive return on equity of 6.74%. View Oaktree Specialty Lending's Earnings History.

When is Oaktree Specialty Lending's next earnings date?

Oaktree Specialty Lending is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Oaktree Specialty Lending.

What price target have analysts set for OCSL?

7 Wall Street analysts have issued 12-month target prices for Oaktree Specialty Lending's shares. Their predictions range from $4.00 to $6.50. On average, they anticipate Oaktree Specialty Lending's share price to reach $5.4167 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Ratings for Oaktree Specialty Lending.

What is the consensus analysts' recommendation for Oaktree Specialty Lending?

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

What are Wall Street analysts saying about Oaktree Specialty Lending stock?

Here are some recent quotes from research analysts about Oaktree Specialty Lending stock:
  • 1. According to Zacks Investment Research, "Oaktree Specialty Lending Corporation is a specialty finance company. It provides customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The company generates current income and capital appreciation by providing companies with flexible and innovative financing solutions including first and second lien loans, unsecured and mezzanine loans and preferred equity. Oaktree Specialty Lending Corporation, formerly known as Fifth Street Finance Corp., is based in CA, United States. " (6/12/2018)
  • 2. National Securities analysts commented, "• Oaktree posted NII/share of $0.11 versus our estimate of $0.10. The company subsequently raised the quarterly dividend by a penny to $0.095/share and we expect that next fiscal year there will be another increase.
    • The tailwind for growth is the continued rotation out of non-core assets from the Fifth Street acquisition, which are down to 43% of the portfolio at 3/31/18. Management stated that they believe this will be about one third of the portfolio by 6/30/18. We think it’s reasonable to expect the rotation to be complete by the end of calendar 2018 which would improve total effective yields and NIM.
    • Thus far, OCSL has monetized $357 million of legacy investments which includes another $122 million in fiscal 2Q18. Additionally, OCSL had a significant $223 million of commitments during the quarter with over 70% of them being co-invested across other Oaktree funds.
    • The company has not pursued the increased leverage available given the mix of first and second lien assets as well as the JV. We think this is a smart move and shows that the company is cognizant of the inherent economic leverage of the JV, and an overall portfolio with a little over half of it in first lien debt.
    • Non-accruals at amortized cost (which includes PIK non-accruals) were down modestly in part due to partial monetization of Ameritox on the quarter to $214.22 million or 12.9% of the portfolio from $228.4 million or 13.6% of the portfolio Q/Q.
    • We are revising our fiscal 2018 NII/share estimate to $0.43 from $0.40 and our fiscal 2019 NII/share estimate to $0.46 from $0.42. " (5/9/2018)

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

Who are Oaktree Specialty Lending's key executives?

Oaktree Specialty Lending's management team includes the folowing people:
  • John B. Frank, Chairman of the Board (Age 61)
  • Edgar Lee, Chief Executive Officer, Chief Investment Officer (Age 41)
  • Mel Carlisle, Chief Financial Officer (Age 49)
  • Mathew M. Pendo, Chief Operating Officer (Age 54)
  • Kimberly Larin, Chief Compliance Officer (Age 49)
  • Marc H. Gamsin, Lead Independent Director
  • Richard P. Dutkiewicz CPA, Independent Director (Age 61)
  • Craig Jacobson, Independent Director
  • Richard G. Ruben, Independent Director
  • Bruce Zimmerman, Independent Director

Has Oaktree Specialty Lending been receiving favorable news coverage?

News articles about OCSL stock have been trending somewhat positive on Monday, according to Accern. The research group scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Oaktree Specialty Lending earned a news sentiment score of 0.05 on Accern's scale. They also assigned news coverage about the credit services provider an impact score of 44.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Oaktree Specialty Lending's major shareholders?

Oaktree Specialty Lending's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Laurel Grove Capital LLC (0.26%) and DnB Asset Management AS (0.10%). Company insiders that own Oaktree Specialty Lending stock include Bernard D Berman, Byron J Haney, Craig A Jacobson, James Castro-Blanco, John Frank, Leonard M Tannenbaum, Marc Gamsin, Mathew Pendo, Oaktree Capital Management Lp, Patrick J Dalton, Richard P Dutkiewicz, Richard Ruben, Sandeep K Khorana and Steven M Noreika. View Institutional Ownership Trends for Oaktree Specialty Lending.

Which institutional investors are buying Oaktree Specialty Lending stock?

OCSL stock was purchased by a variety of institutional investors in the last quarter, including Laurel Grove Capital LLC and DnB Asset Management AS. Company insiders that have bought Oaktree Specialty Lending stock in the last two years include Bernard D Berman, Byron J Haney, Craig A Jacobson, James Castro-Blanco, John Frank, Leonard M Tannenbaum, Marc Gamsin, Mathew Pendo, Oaktree Capital Management Lp, Patrick J Dalton, Richard P Dutkiewicz, Richard Ruben, Sandeep K Khorana and Steven M Noreika. View Insider Buying and Selling for Oaktree Specialty Lending.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Oaktree Specialty Lending's stock price today?

One share of OCSL stock can currently be purchased for approximately $4.67.

How big of a company is Oaktree Specialty Lending?

Oaktree Specialty Lending has a market capitalization of $658.29 million and generates $177.96 million in revenue each year. The credit services provider earns $-196,960,000.00 in net income (profit) each year or $0.51 on an earnings per share basis.

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]


MarketBeat Community Rating for Oaktree Specialty Lending (NASDAQ OCSL)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  275 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  620
MarketBeat's community ratings are surveys of what our community members think about Oaktree Specialty Lending and other stocks. Vote "Outperform" if you believe OCSL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OCSL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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