Oaktree Specialty Lending Corporation (OCSL)

NASDAQ: OCSL · Real-Time Price · USD
15.68
+0.07 (0.45%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.45%
Market Cap 1.29B
Revenue (ttm) 381.67M
Net Income (ttm) 57.91M
Shares Out 82.25M
EPS (ttm) 0.72
PE Ratio 21.78
Forward PE 7.35
Dividend $2.20 (14.03%)
Ex-Dividend Date Sep 16, 2024
Volume 989,242
Open 15.45
Previous Close 15.61
Day's Range 15.40 - 15.70
52-Week Range 15.40 - 21.64
Beta 1.13
Analysts Hold
Price Target 17.29 (+10.27%)
Earnings Date Nov 19, 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]

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

Financial Performance

In 2024, Oaktree Specialty Lending's revenue was $381.67 million, an increase of 0.63% compared to the previous year's $379.29 million. Earnings were $57.91 million, a decrease of -50.65%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for OCSL stock is "Hold." The 12-month stock price forecast is $17.29, which is an increase of 10.27% from the latest price.

Price Target
$17.29
(10.27% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Oaktree Specialty Lending Corporation (OCSL) Q4 2024 Earnings Call Transcript

Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Q4 2024 Results Conference Call November 19, 2024 11:00 AM ET Company Participants Dane Kleven - Head of Investor Relations Matt Pendo - President ...

1 day ago - Seeking Alpha

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

LOS ANGELES, CA, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its...

2 days ago - GlobeNewsWire

BDC Weekly Review: Tax-Loss Season Is Approaching

We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV...

5 days ago - Seeking Alpha

Oaktree Specialty Lending's Distributions May Be In Trouble

OCSL is a business development company oriented around debt investments (predominantly first-lien debt). Its seemingly defensive portfolio has struggled with rising non-accruals in 2024, resulting in ...

5 days ago - Seeking Alpha

Dividend Cut Alert For 2 Deeply Undervalued 11%+ Yields

Typically, stocks with at-risk dividends should be avoided. That said, there are exceptions to every rule. I share two high-yielding stocks that look like attractive buys to me even though their divid...

Other symbols: ARCCBIZDHTGCMAINSLRC
6 weeks ago - Seeking Alpha

Oaktree Specialty Lending: The Insider Buying Is Bullish

Oaktree Specialty Lending insider Phyllis Caldwell added to her position last month. Other Oaktree insiders have been adding since 2022. The last insider sale was all the way back in 2021.

6 weeks ago - Seeking Alpha

Oaktree Specialty Lending Corporation Schedules Fourth Fiscal Quarter and Full Year 2024 Earnings Conference Call for November 19, 2024

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time LOS ANGELES, CA, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) t...

6 weeks ago - GlobeNewsWire

Oaktree Specialty Lending: Dividend Cut Is Imminent

Oaktree Specialty Lending (OCSL) is downgraded to a sell due to weak distribution coverage and rising non-accrual rates, indicating a potential dividend cut. Despite a solid portfolio strategy, OCSL's...

6 weeks ago - Seeking Alpha

Oaktree Specialty Lending: How Good Is This 14% Yield?

Oaktree Specialty Lending Corporation offers a high dividend yield of 14%, but its book value performance and risky loan portfolio are concerning. Despite a solid market cap and experienced management...

7 weeks ago - Seeking Alpha

The Best BDC To Buy For Fed Rate Cuts

The Federal Reserve's 50 basis point rate cut impacts BDCs, which are sensitive to short-term rate changes, affecting their net investment income. BDCs thrive during rate hikes but face challenges wit...

2 months ago - Seeking Alpha

Oaktree Specialty Lending: Excess Software Lending May Compound 'Value Trap' Risk

Oaktree Specialty Lending: Excess Software Lending May Compound 'Value Trap' Risk

2 months ago - Seeking Alpha

2 BDCs At Discounts Of ~20% With Attractive Asymmetric Profiles

This is not the right time to take high risk in the BDC space. Yet, as it is often the case, a challenging environment creates opportunities. In this article, I elaborate on two BDCs which indeed have...

Other symbols: CIONFSKRWAYTCPCTPVG
2 months ago - Seeking Alpha

3 Lessons Learned From Struggling BDCs After Q2 Earnings

The BDC sector faces headwinds such as spread compression, potential Fed rate cuts, and increased corporate distress. Despite these challenges, BDC market indices like VanEck BDC Income ETF and Putnam...

Other symbols: BIZDGSBDTCPC
2 months 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 ...

2 months ago - Seeking Alpha

2 BDCs That Improved And 2 That Got Worse After Q2 Earnings

The recent BDC market dynamics indicate that quality will play an important role over the foreseeable future. Looking at the recent quarterly earnings data that have been published by many BDCs, we ca...

Other symbols: CGBDFSKHRZN
3 months 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...

3 months ago - Seeking Alpha

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

One of the most critical events in the history of finance happened back in 1990. It was the culmination of a transformative two-decade journey that forever changed the way companies are financed.

Other symbols: GBDCRWAY
3 months 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 ...

3 months ago - Seeking Alpha

Big Dividends From A Recession-Resistant Portfolio

There are growing risks of a recession hitting due to weakening job numbers, rising unemployment, and weakening consumer spending capacity. We share a portfolio of high-yield stocks that should be abl...

3 months ago - Seeking Alpha

Very Bad News For BDCs

The BDC sector is now in a correction. It also faces numerous significant headwinds. We share our outlook on and approach to the sector moving forward.

Other symbols: APOARCCARESBAMBIZDBNBX
3 months 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-...

3 months 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...

4 months ago - GlobeNewsWire

An Important Warning For High-Yield Dividend Stocks

High-yield dividend stocks have been rallying on expectations of a Fed rate cut in September. However, I think the market may be overly optimistic. I share the main headwind likely facing high-yield s...

4 months ago - Seeking Alpha

12%+ Yields: 1 Very Overrated And 1 Very Underrated Dividend Stocks

High-yield stocks offer attractive dividend yields and potential for passive income growth and total return. However, investors need to look beyond juicy yields and popular names when picking high-yie...

Other symbols: NEENEP
4 months ago - Seeking Alpha

If I Could Only Hold 1 MLP, REIT, And BDC For The Next Decade

Charlie Munger was a big believer in concentrated portfolios. Building a high-yielding, tax-efficient portfolio with BDCs, REITs, and MLPs in different accounts can deliver tax-free income in retireme...

Other symbols: EPDMAA
4 months ago - Seeking Alpha