Oaktree Specialty Lending Corporation (OCSL)
| Market Cap | 1.00B -22.4% |
| Revenue (ttm) | 305.25M -17.6% |
| Net Income | 32.29M -40.9% |
| EPS | 0.37 -44.9% |
| Shares Out | 88.09M |
| PE Ratio | 30.88 |
| Forward PE | 7.76 |
| Dividend | $1.60 (14.05%) |
| Ex-Dividend Date | Mar 16, 2026 |
| Volume | 990,431 |
| Open | 11.00 |
| Previous Close | 11.19 |
| Day's Range | 10.99 - 11.40 |
| 52-Week Range | 10.63 - 15.41 |
| Beta | 0.56 |
| Analysts | Hold |
| Price Target | 13.10 (+15.01%) |
| Earnings Date | Apr 30, 2026 |
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 fiscal year 2025, Oaktree Specialty Lending's revenue was $316.80 million, a decrease of -17.00% compared to the previous year's $381.67 million. Earnings were $33.92 million, a decrease of -41.42%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for OCSL stock is "Hold." The 12-month stock price target is $13.1, which is an increase of 15.01% from the latest price.
News
Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for May 5, 2026
LOS ANGELES--(BUSINESS WIRE)--Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) today announced that it will report its financial results for the secon...
Hard To Imagine A Retirement Income Portfolio Without These 2 BDCs
Retirement income portfolios should prioritize meaningful dividend yields to avoid principal drawdown. Predictable and frequent cash flows, ideally monthly, are essential for reliable retirement incom...
Oaktree Specialty Lending: Deep Discount To NAV And A 14.6% Dividend Yield
Oaktree Specialty Lending trades at its steepest discount to NAV, now 32.88%, offering potential upside if the gap narrows. OCSL maintains a 14.63% dividend yield with a $0.40 per share quarterly payo...
Big BDC Dividend Yields: 1 Golden Opportunity And 1 Value Trap
Two popular BDCs offer sky-high yields and deep discounts to NAV after the recent sector-wide sell-off. One is a very attractive "Buy," while I am avoiding the other one. I detail how to sort the whea...
Finally Using My Cash For Big Yields
I see compelling value in floating-rate preferred shares and baby bonds, especially as credit spreads widen and many now trade at discounts to call value. Recent market volatility and higher interest ...
The Biggest Risk In BDCs, And How I Mitigate It As A Bull
There is no shortage of BDC bear arguments. Yet, as a BDC bull, I have to say that, arguably, the most critical risk remains overlooked. In the article I discuss this risk in detail (it might make you...
2 BDCs To Dump Before Their Dividends Get Slashed
System-wide BDC dividend cuts have already started. Even high-quality names have not been isolated from this. While we have still many cuts in front of us, we have to separate interest rate driven cut...
3 Things That Make You Delusional About BDCs
High-quality BDCs warrant selective buying, but indiscriminate accumulation exposes investors to hidden portfolio risks and potential impairments. Weighted average portfolio metrics, like interest cov...
The Most Dangerous Mistakes BDC Investors Keep Making
Double-digit yields look irresistible… but there are hidden risks few income investors truly understand. Business Development Company dividends are about to change – here's what everyone is missing.
Why BDC Dividend Cuts Matter Less Than You Think
System-wide BDC dividend cuts are highly likely as base dividend coverage averages 99% and growth is constrained. As a result, many BDC investors have decided to sit on the sidelines until the expecte...
The Hidden Math Behind Ares Capital Beating Oaktree Specialty Lending
One BDC quietly compounded wealth while the other barely moved the needle. The headline yield isn't the real story; this hidden metric is. A massive valuation gap exists, but only one looks built for ...
A Historic Opportunity For Dividend Investors To Win Big
AI panic crushed SaaS and dragged down BDCs and asset managers. Trading at steep discounts and high dividend yields, we think that this is a historic opportunity. We explain why the market got it wron...
2 BDCs To Dump Before They Cut Their Dividend
The market has become worried about BDCs mostly from the credit risk perspective. However, some of the recent earnings reports and BDC examples show that dividend cut risk has not disappeared. In this...
Oaktree Specialty Lending: Better Safe Than Sorry, I'm Still Avoiding
Oaktree Specialty Lending trades at a steep discount, P/NAV of 0.74x. The discount has pushed up the yield to a very attractive level of ~13%. The picture looks even better if we consider the fact tha...
Oaktree Specialty Lending Corporation (OCSL) Q1 2026 Earnings Call Transcript
Oaktree Specialty Lending Corporation (OCSL) Q1 2026 Earnings Call Transcript
Oaktree Specialty Lending Corporation Announces First Fiscal Quarter 2026 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its financial results fo...
High-Yield Carnage In 2026
Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperforme...
The More These High Yields Drop, The More I Buy
The market is pricing in a crisis that the data simply does not show. A misunderstood corner of credit is flashing rare value signals. The disconnect between headlines and fundamentals is growing fast...
Oaktree Specialty Lending Corporation Schedules First Fiscal Quarter Earnings Conference Call for February 4, 2026
LOS ANGELES--(BUSINESS WIRE)--Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) today announced that it will report its financial results for the first...
Consider Selling BDCs Due To Lower Rates? Here's Why It's A Bad Idea
BDC net investment income levels are declining as the Fed lowers rates. Despite lower base rates, I see no reason to rotate out of the BDC sector. In the article I detail how BDCs have outperformed th...
This Is How I'm Harvesting BDC Cash Flows For My Retirement
This Is How I'm Harvesting BDC Cash Flows For My Retirement. The double-digit yields, term 'private credit,' cases like First Brands and Tricolor are just some examples that introduce a high degree of...
The Silent Killer Of BDC Yields (And My Strategy To Outrun It)
BDCs face earnings pressure from lower base rates, but fears of severe dividend cuts are overstated. Quite many BDCs have several levers to pull in order to absorb ~100 bps of base rate cuts without t...
Oaktree Specialty Lending: I Don't Trust The Dividend
Oaktree Specialty Lending faces severe portfolio performance issues, with a 6.5% cost-based non-accrual ratio and inconsistent dividend coverage. OCSL's high non-accruals, despite an 83% first-lien al...

