Oaktree Specialty Lending Corporation (OCSL)
| Market Cap | 1.32B |
| Revenue (ttm) | 388.87M |
| Net Income (ttm) | 66.94M |
| Shares Out | 82.25M |
| EPS (ttm) | 0.85 |
| PE Ratio | 18.92 |
| Forward PE | 7.16 |
| Dividend | $2.20 (13.75%) |
| Ex-Dividend Date | Sep 16, 2024 |
| Volume | 802,223 |
| Open | 16.18 |
| Previous Close | 16.09 |
| Day's Range | 15.97 - 16.27 |
| 52-Week Range | 15.56 - 21.64 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 18.42 (+15.13%) |
| 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]
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 StatementsAnalyst 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 15.13% from the latest price.
News
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Oaktree Specialty Lending: A Buying Opportunity With A 13% Yield
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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...
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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...
Oaktree Specialty Lending: Priced Attractively, But Dividend May Be Threatened
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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 ...
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...
Oaktree Specialty Lending: A Solid 11% Yield To Boost Your Income
Oaktree Specialty Lending's dividend coverage metrics weakened in FQ2, but the company plans to lower its management fee to improve coverage. The BDC's loan quality has improved Q/Q. Originations rema...
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...
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...
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...
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...
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...