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NASDAQ:OCSLOaktree Specialty Lending Stock Price, Forecast & News

$4.37
-0.04 (-0.91 %)
(As of 07/7/2020 04:00 PM ET)
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Today's Range
$4.37
Now: $4.37
$4.43
50-Day Range
$4.06
MA: $4.48
$4.74
52-Week Range
$2.33
Now: $4.37
$5.65
Volume497,843 shs
Average Volume959,362 shs
Market Capitalization$616.00 million
P/E RatioN/A
Dividend Yield8.62%
Beta1.19
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.
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Oaktree Specialty Lending logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.34 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$147.70 million
Cash Flow$0.49 per share
Book Value$6.60 per share

Profitability

Net Income$126.16 million

Miscellaneous

EmployeesN/A
Market Cap$616.00 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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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 reached pandemic status according to the World Health Organization (WHO). Since then, OCSL shares have 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 6 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) announced its earnings results on Thursday, May, 7th. The credit services provider reported $0.12 earnings per share for the quarter, topping the Zacks' 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 7.13% 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 declared a quarterly dividend on Friday, May 8th. Stockholders of record on Monday, June 15th will be paid 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 8.70%. The ex-dividend date of this dividend is Friday, June 12th. View Oaktree Specialty Lending's dividend history.

What price target have analysts set for OCSL?

6 equities research 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 stock price to reach $5.29 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View analysts' price targets for Oaktree Specialty Lending.

Has Oaktree Specialty Lending been receiving favorable news coverage?

Headlines about OCSL stock have been trending negative on Wednesday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Oaktree Specialty Lending earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage 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 next few days. View the latest news about Oaktree Specialty Lending.

Are investors shorting Oaktree Specialty Lending?

Oaktree Specialty Lending saw a decrease in short interest in June. As of June 30th, there was short interest totaling 1,730,000 shares, a decrease of 8.9% from the June 15th total of 1,900,000 shares. Based on an average daily volume of 970,700 shares, the short-interest ratio is presently 1.8 days. Approximately 1.4% of the shares of the company are short sold. View Oaktree Specialty Lending's Current Options Chain.

Who are some of Oaktree Specialty Lending's key 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 shareholders 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.

Which institutional investors are selling Oaktree Specialty Lending stock?

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.

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 7/8/2020 by MarketBeat.com Staff

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