Oaktree Specialty Lending - OCSL Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oaktree Specialty Lending in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OCSL shares.
View OCSL analyst ratings or view top-rated stocks.

2 brokers have issued 1-year price targets for Oaktree Specialty Lending's shares. Their OCSL share price forecasts range from $7.50 to $7.50. On average, they predict the company's stock price to reach $7.50 in the next year. This suggests that the stock has a possible downside of 63.1%.
View analysts price targets for OCSL or view top-rated stocks among Wall Street analysts.

Oaktree Specialty Lending's stock was trading at $6.87 at the beginning of the year. Since then, OCSL stock has increased by 195.5% and is now trading at $20.30.
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Oaktree Specialty Lending saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 914,700 shares, a decrease of 62.5% from the December 31st total of 2,440,000 shares. Based on an average daily trading volume, of 367,600 shares, the days-to-cover ratio is currently 2.5 days.
View Oaktree Specialty Lending's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our OCSL earnings forecast.

Oaktree Specialty Lending will be holding an earnings conference call on Tuesday, February 7th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6846351".

Oaktree Specialty Lending Co. (NASDAQ:OCSL) posted its earnings results on Tuesday, November, 15th. The credit services provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.19 by $0.01. The credit services provider earned $70.14 million during the quarter, compared to analysts' expectations of $66.46 million. Oaktree Specialty Lending had a net margin of 11.13% and a trailing twelve-month return on equity of 9.96%.

Oaktree Specialty Lending announced a None dividend on Tuesday, November 15th. Stockholders of record on Thursday, December 15th will be paid a dividend of $0.32 per share on Friday, December 30th. This represents a dividend yield of 9.5%. The ex-dividend date is Wednesday, December 14th. This is a positive change from the stock's previous None dividend of $0.17.
Read our dividend analysis for OCSL.

Oaktree Specialty Lending (NASDAQ:OCSL) pays an annual dividend of $2.16 per share and currently has a dividend yield of 10.75%. 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 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 449.96%. 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 88.16% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OCSL.

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 retail and institutional investors. Top institutional shareholders include Lindbrook Capital LLC (2.27%), Investment Management of Virginia LLC (0.90%), Rezny Wealth Management Inc. (0.43%), Hennion & Walsh Asset Management Inc. (0.37%), Allspring Global Investments Holdings LLC (0.32%) and Epiq Partners LLC (0.31%). Insiders that own company stock include Armen Panossian, Ashley Pak, Craig A Jacobson, Deborah Ann Gero, Leonard M Tannenbaum, Leonard M Tannenbaum, Mathew Pendo, Melvin Carlisle, Phyllis R Caldwell and Richard Ruben.
View institutional ownership trends.

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 $20.30.

Oaktree Specialty Lending (NASDAQ:OCSL) has a market capitalization of $1.24 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 $0.48 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.