NASDAQ:OCSLOaktree Specialty Lending Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Oaktree Specialty Lending Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.37 +0.04 (+0.92 %) (As of 05/22/2020 04:00 PM ET) Add Compare Share Today's Range$4.33Now: $4.37▼$4.4050-Day Range$3.09MA: $3.87▼$4.3252-Week Range$2.33Now: $4.37▼$5.65Volume203,714 shsAverage Volume724,514 shsMarket Capitalization$616.00 millionP/E RatioN/ADividend Yield8.70%Beta1.17 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingOaktree Specialty Lending has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.35, Oaktree Specialty Lending has a potential upside of 22.4% from its current price of $4.37.Amount of Analyst CoverageOaktree Specialty Lending has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesOaktree Specialty Lending has received 443 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOaktree Specialty Lending has received 545 “underperform” votes. (Add your “underperform” vote.)Community SentimentOaktree Specialty Lending has received 55.16% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipOaktree Specialty Lending is a leading dividend payer. It pays a dividend yield of 8.70%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOaktree Specialty Lending has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Oaktree Specialty Lending is 79.17 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Oaktree Specialty Lending will have a dividend payout ratio of 82.61 % in the coming year. This indicates that Oaktree Specialty Lending may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Oaktree Specialty Lending insiders have bought more of their company's stock than they have sold. Specifically, they have bought $197,539.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.19% of the stock of Oaktree Specialty Lending is held by insiders.Percentage Held by Institutions52.19% of the stock of Oaktree Specialty Lending is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Oaktree Specialty Lending are expected to grow by 9.52% in the coming year, from $0.42 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Oaktree Specialty Lending is -5.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Oaktree Specialty Lending is -5.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOaktree Specialty Lending has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.31 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Personal credit institutions Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:OCSL Previous Symbol CUSIP31678A10 CIK1414932 Webwww.oaktreespecialtylending.com Phone213-830-6300Debt Debt-to-Equity Ratio0.39 Current Ratio0.22 Quick Ratio0.22Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio10.40 P/E GrowthN/A Sales & Book Value Annual Sales$147.70 million Price / Sales4.17 Cash Flow$0.50 per share Price / Cash Flow8.75 Book Value$6.60 per share Price / Book0.66Profitability EPS (Most Recent Fiscal Year)$0.48 Net Income$126.16 million Net Margins-86.32% Return on Equity7.88% Return on Assets4.67%Miscellaneous EmployeesN/A Outstanding Shares140,960,000Market Cap$616.00 million Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:OCSL Rates by TradingView Receive OCSL News and Ratings via Email Sign-up to receive the latest news and ratings for OCSL and its competitors with MarketBeat's FREE daily newsletter. Oaktree Specialty Lending (NASDAQ:OCSL) Frequently Asked Questions How has Oaktree Specialty Lending's stock 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 decreased by 1.6% and is now trading at $4.37. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Oaktree Specialty Lending? 6 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Oaktree Specialty Lending. When is Oaktree Specialty Lending's next earnings date? 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. How were Oaktree Specialty Lending's earnings last quarter? Oaktree Specialty Lending Corp (NASDAQ:OCSL) posted its quarterly earnings data on Thursday, May, 7th. The credit services provider reported $0.12 EPS for the quarter, beating the consensus estimate of $0.10 by $0.02. The credit services provider earned $34.17 million during the quarter, compared to the consensus estimate 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. 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 Friday, May 8th. Shareholders 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 dividend yield of 8.70%. The ex-dividend date is Friday, June 12th. View Oaktree Specialty Lending's dividend history. What price target have analysts set for OCSL? 6 analysts have issued 1-year price targets for Oaktree Specialty Lending's stock. Their forecasts range from $4.75 to $6.50. On average, they expect Oaktree Specialty Lending's stock price to reach $5.35 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View analysts' price targets for Oaktree Specialty Lending. Has Oaktree Specialty Lending been receiving favorable news coverage? Media coverage about OCSL stock has trended somewhat positive on Monday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Oaktree Specialty Lending earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned media stories about the credit services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutOaktree Specialty Lending. Are investors shorting Oaktree Specialty Lending? Oaktree Specialty Lending saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,870,000 shares, an increase of 19.9% from the April 30th total of 1,560,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.6% of the company's stock are short sold. View Oaktree Specialty Lending's Current Options Chain. Who are some of Oaktree Specialty Lending's key competitors? 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), Legg Mason (LM), Eaton Vance (EV), Invesco (IVZ), Cohen & Steers (CNS), Affiliated Managers Group (AMG) and Federated Investors (FII). View all 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 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). 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 46)Mr. Edgar Lee, Chief Exec. Officer & Chief Investment Officer (Age 43)Mr. Mel Carlisle CPA, Chief Financial Officer & Treasurer (Age 50)Mr. Mathew M. Pendo, Chief Operating Officer (Age 55)Mr. Michael Mosticchio, Investor Relations 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 retail and institutional investors. Top institutional investors include Bruni J V & Co. Co. (3.25%), Centaurus Financial Inc. (1.85%), RiverNorth Capital Management LLC (1.38%), Investment Management of Virginia LLC (1.21%), Van ECK Associates Corp (1.08%) and Greenwich Investment Management Inc. (1.05%). Company insiders that own Oaktree Specialty Lending stock include Bruce Zimmerman, Craig A Jacobson, Deborah Ann Gero, Leonard M Tannenbaum, Mathew Pendo and Melvin Carlisle. 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 Wells Fargo & Company MN, JPMorgan Chase & Co., Virtus ETF Advisers LLC, Muzinich & Co. Inc., Orinda Asset Management LLC, Invesco Ltd., UBS Group AG, and Monarch Partners Asset Management LLC. View insider buying and selling activity for Oaktree Specialty Lending. Which major investors are buying Oaktree Specialty Lending stock? OCSL stock was purchased by a variety of institutional investors in the last quarter, including RiverNorth Capital Management LLC, TCW Group Inc., Sumitomo Mitsui Trust Holdings Inc., Waverton Investment Management Ltd, Morgan Stanley, Centaurus Financial Inc., Bruni J V & Co. Co., and Two Sigma Advisers LP. Company insiders that have bought Oaktree Specialty Lending stock in the last two years include Bruce Zimmerman, Craig A Jacobson, Deborah Ann Gero, Mathew Pendo, and Melvin Carlisle. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Oaktree Specialty Lending's stock price today? One share of OCSL stock can currently be purchased for approximately $4.37. How big of a company is Oaktree Specialty Lending? Oaktree Specialty Lending has a market capitalization of $616.00 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. What is Oaktree Specialty Lending's official website? The official website for Oaktree Specialty Lending is www.oaktreespecialtylending.com. 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 5/25/2020 by MarketBeat.com Staff
