Oaktree Specialty Lending Corporation (OCSL)

NASDAQ: OCSL · Real-Time Price · USD
16.09
+0.16 (1.00%)
At close: Sep 18, 2024, 4:00 PM
16.15
+0.06 (0.37%)
After-hours: Sep 18, 2024, 7:47 PM EDT
1.00%
Market Cap 1.32B
Revenue (ttm) 388.87M
Net Income (ttm) 66.94M
Shares Out 82.25M
EPS (ttm) 0.85
PE Ratio 19.02
Forward PE 7.21
Dividend $2.20 (13.67%)
Ex-Dividend Date Sep 16, 2024
Volume 753,592
Open 15.93
Previous Close 15.93
Day's Range 15.91 - 16.26
52-Week Range 15.56 - 21.64
Beta 1.14
Analysts Buy
Price Target 18.42 (+14.48%)
Earnings Date Nov 12, 2024

About OCSL

Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering. The firm also ... [Read more]

Industry Credit Services
Sector Financials
IPO Date Jun 12, 2008
Country United States
Stock Exchange NASDAQ
Ticker Symbol OCSL
Full Company Profile

Financial Performance

In 2023, Oaktree Specialty Lending's revenue was $379.29 million, an increase of 44.48% compared to the previous year's $262.52 million. Earnings were $117.33 million, an increase of 301.50%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for OCSL stock is "Buy." The 12-month stock price forecast is $18.42, which is an increase of 14.48% from the latest price.

Price Target
$18.42
(14.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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18 days ago - Seeking Alpha

Oaktree Specialty Lending: A Series Of Unfortunate Events For This BDC

Oaktree Specialty Lending had a disappointing quarter with a drop in NAV and investment income, but still eked out a positive total NAV return. The management fee was reduced permanently to 1%, which ...

20 days ago - Seeking Alpha

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21 days ago - Seeking Alpha

Oaktree Specialty Lending: Risky 13% Yield

Oaktree Specialty Lending Corporation's credit profile deteriorated, leading to risks to the dividend. The company barely covered its dividend with net investment income, leading to a potential divide...

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3 Great High-Yield Stocks Courtesy Of The Most Important Financial Event Of 1990

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26 days ago - Benzinga

Oaktree Specialty Lending: A Buying Opportunity With A 13% Yield

Oaktree Specialty Lending is dealing with loan performance issues and a rising non-accrual percentage. Despite challenges, the BDC is focusing on a first-lien strategy to strengthen its portfolio and ...

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Big Dividends From A Recession-Resistant Portfolio

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6 weeks ago - Seeking Alpha

Oaktree Specialty Lending: Admitting My Mistake And Downgrading This BDC

OCSL has been my absolute worst performing BDC pick. After the previous earnings release, I was still optimistic and recommended a buy, considering the positive net funding volumes and decreasing non-...

6 weeks ago - Seeking Alpha

Oaktree Specialty Lending Corporation Announces Third Fiscal Quarter 2024 Financial Results and Declares Quarterly Distribution of $0.55 Per Share

LOS ANGELES, CA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its...

6 weeks ago - GlobeNewsWire

An Important Warning For High-Yield Dividend Stocks

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2 months ago - Seeking Alpha

Oaktree Specialty Lending: Built For Stability And Success

OCSL's portfolio includes 81% first-lien loans, providing high-priority protection and enhancing income stability and asset valuation. Non-accrual investments decreased from $120.7 million to $69.1 mi...

2 months ago - Seeking Alpha

Oaktree Specialty Lending: Priced Attractively, But Dividend May Be Threatened

Oaktree Specialty Lending operates as a business development company that holds a focus on investing in middle market companies. Reduction in management fees to 1% is expected to increase net investme...

2 months ago - Seeking Alpha

Oaktree Specialty Lending Corporation Schedules Third Fiscal Quarter Earnings Conference Call for August 1, 2024

LOS ANGELES, CA, July 01, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) today announced that it will report its financial ...

2 months ago - GlobeNewsWire

Oaktree Specialty Lending: Plenty Of Reasons To Remain Bullish

Oaktree Specialty Lending Corporation's share price has continued to underperform the BDC index after my updated bull thesis earlier this year. On the surface, such flat performance might seem justifi...

3 months ago - Seeking Alpha

Oaktree Specialty Lending: A Solid 11% Yield To Boost Your Income

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4 months ago - Seeking Alpha

Oaktree Specialty Lending: Credit Issues Continue To Hold Back Performance

Oaktree Specialty Lending Corporation had another disappointing quarter, but still managed a positive total NAV return. Oaktree Specialty Lending focuses on secured loans, with overweights in the soft...

4 months ago - Seeking Alpha

Oaktree Specialty Lending: The Dividend May Be In Trouble (Downgrade)

Oaktree Specialty Lending Corporation showed portfolio weakness in 2Q24, resulting in net realized losses and a decline in net asset value. The dividend pay-out ratio is dangerously close to 100%, rai...

4 months ago - Seeking Alpha

Oaktree Specialty Lending Corporation (OCSL) Q2 2024 Earnings Call Transcript

Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Q2 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Michael Mosticchio - Head, Investor Relations Matt Pendo - Preside...

5 months ago - Seeking Alpha

Oaktree Specialty Lending Corporation Announces Permanent Base Management Fee Reduction

LOS ANGELES, April 30, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“OCSL” or the “Company”) today announced a permanent reduction in its base management fee. Effectiv...

5 months ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Announces Second Fiscal Quarter 2024 Financial Results and Declares Quarterly Distribution of $0.55 Per Share

Announces Permanent Management Fee Reduction LOS ANGELES, April 30, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a spec...

5 months ago - GlobeNewsWire