Oaktree Specialty Lending Corporation (OCSL)

NASDAQ: OCSL · Real-Time Price · USD
15.18
0.00 (0.00%)
At close: Dec 20, 2024, 4:00 PM
15.13
-0.05 (-0.33%)
After-hours: Dec 20, 2024, 4:46 PM EST
0.00%
Market Cap 1.25B
Revenue (ttm) 381.67M
Net Income (ttm) 57.91M
Shares Out 82.25M
EPS (ttm) 0.72
PE Ratio 21.08
Forward PE 7.29
Dividend $2.20 (14.49%)
Ex-Dividend Date Dec 16, 2024
Volume 3,232,664
Open 15.12
Previous Close 15.18
Day's Range 15.08 - 15.30
52-Week Range 15.04 - 21.64
Beta 1.12
Analysts Hold
Price Target 17.29 (+13.9%)
Earnings Date Jan 30, 2025

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 13.90% from the latest price.

Price Target
$17.29
(13.90% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Why OCSL Could Surprise Bulls

OCSL's YTD total return is -14.87%, significantly underperforming the S&P 500 (+23%) and peers like GBDC (+11.92%). Q4-24 weighted average yield fell to 9.9% from 12% in Q4-23, signaling lower-quality...

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11-14% Yields: Give Yourself The Gift Of Dividends For Christmas

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4 days ago - Seeking Alpha

KBW Announces Index Rebalancing for Fourth-Quarter 2024

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

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7 days ago - GlobeNewsWire

Oaktree Specialty Lending: 14% Yield, Trading At 89 Cents On The Dollar

Oaktree Specialty Lending reported a $0.01 per share miss in net investment income for Q4, but the BDC managed to support its dividend with NII. Despite rising non-accrual percentages, the BDC's chang...

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16 days ago - Seeking Alpha

Oaktree Specialty Lending: How Safe Is The 14% Yield?

Oaktree Specialty Lending Corporation faces higher short-term dividend risks and elevated non-accruals, leading to a 13% discount to net asset value. The BDC's non-accruals rose to 4% in Q4 2024, caus...

24 days ago - Seeking Alpha

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 ...

4 weeks 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...

4 weeks 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 weeks 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 ...

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Dividend Cut Alert For 2 Deeply Undervalued 11%+ Yields

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2 months 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.

2 months 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...

2 months 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...

2 months 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...

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

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

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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 ...

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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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4 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 ...

4 months ago - Seeking Alpha