Oaktree Specialty Lending - OCSL Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oaktree Specialty Lending in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OCSL shares.
View OCSL analyst ratings or view top-rated stocks.

4 brokers have issued twelve-month target prices for Oaktree Specialty Lending's stock. Their OCSL share price forecasts range from $20.50 to $23.00. On average, they predict the company's share price to reach $22.20 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for OCSL or view top-rated stocks among Wall Street analysts.

Oaktree Specialty Lending's stock was trading at $20.61 at the beginning of the year. Since then, OCSL shares have decreased by 12.8% and is now trading at $17.98.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our OCSL earnings forecast.

Oaktree Specialty Lending Co. (NASDAQ:OCSL) issued its earnings results on Tuesday, February, 7th. The credit services provider reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.06. The credit services provider had revenue of $69.98 million for the quarter, compared to the consensus estimate of $67.33 million. Oaktree Specialty Lending had a trailing twelve-month return on equity of 10.67% and a net margin of 1.12%. During the same quarter in the prior year, the firm posted $0.51 EPS.

Oaktree Specialty Lending announced a quarterly dividend on Tuesday, February 7th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.55 per share on Friday, March 31st. This represents a $2.20 dividend on an annualized basis and a yield of 12.24%. The ex-dividend date is Tuesday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.51.
Read our dividend analysis for OCSL.

ETFs with the largest weight of Oaktree Specialty Lending (NASDAQ:OCSL) stock in their portfolio include Putnam BDC Income ETF (PBDC), ProShares Global Listed Private Equity ETF (PEX), GraniteShares HIPS US High Income ETF (HIPS) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).Invesco Global Listed Private Equity ETF (PSP).

Oaktree Specialty Lending (NASDAQ:OCSL) pays an annual dividend of $2.20 per share and currently has a dividend yield of 12.32%. 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 5,504.13%. 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 87.30% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OCSL.

Shares of Oaktree Specialty Lending reverse split on 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 closing bell 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.

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).

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

Oaktree Specialty Lending's stock is owned by many different institutional and retail investors. Top institutional investors include Bruni J V & Co. Co. (7.48%), Lindbrook Capital LLC (2.27%), LSV Asset Management (6.15%), Ares Management LLC (4.68%), Private Management Group Inc. (5.58%) and CLARET ASSET MANAGEMENT Corp (5.08%). Insiders that own company stock include Armen Panossian, Ashley Pak, Christopher Mckown, Deborah Ann Gero, Leonard M Tannenbaum, Leonard M Tannenbaum, Mathew Pendo, Phyllis R Caldwell and Richard Ruben.
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Shares of OCSL stock 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.
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One share of OCSL stock can currently be purchased for approximately $17.98.

Oaktree Specialty Lending (NASDAQ:OCSL) has a market capitalization of $1.39 billion and generates $262.52 million in revenue each year. The credit services provider earns $29.22 million in net income (profit) each year or $0.04 on an earnings per share basis.

Oaktree Specialty Lending's mailing address is 333 SOUTH GRAND AVENUE 28TH FLOOR, LOS ANGELES CA, 90071. The official website for the company is www.oaktreespecialtylending.com. The credit services provider can be reached via phone at (213) 830-6300, via email at ocsl-ir@oaktreecapital.com, or via fax at 203-681-3879.