Oaktree Specialty Lending Corporation (OCSL)
| Market Cap | 1.21B |
| Revenue (ttm) | 316.80M |
| Net Income (ttm) | 33.92M |
| Shares Out | 88.09M |
| EPS (ttm) | 0.39 |
| PE Ratio | 34.97 |
| Forward PE | 9.11 |
| Dividend | $1.60 (11.61%) |
| Ex-Dividend Date | Dec 15, 2025 |
| Volume | 135,088 |
| Open | 13.73 |
| Previous Close | 13.73 |
| Day's Range | 13.72 - 13.82 |
| 52-Week Range | 12.44 - 16.53 |
| Beta | 0.56 |
| Analysts | Hold |
| Price Target | 14.33 (+3.92%) |
| Earnings Date | Nov 18, 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]
Financial Performance
In 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 3 analysts, the average rating for OCSL stock is "Hold." The 12-month stock price target is $14.33, which is an increase of 3.92% from the latest price.
News
Oaktree Specialty Lending: Pricing An Inevitable Decline
Oaktree Specialty Lending has historically generated mediocre annualized returns for buy-and-hold investors. Rising defaults and write-offs raise concerns over further dividend cuts. Structural shortc...
12% Yields: Why Blackstone Secured Lending Beats Oaktree Specialty Lending
Blackstone Secured Lending and Oaktree Specialty Lending have pulled back sharply. I compare them side by side. I share why I prefer BXSL over OCSL, and what it would take for me to buy them.
Oaktree Specialty Lending: The Yield Trap Is Still Active, Downgrade
Oaktree Specialty Lending trades at a compelling discount, which, in light of the relatively positive earnings report, might create an interesting buying opportunity. Yet, while the discount looks att...
Oaktree Specialty Lending Corporation (OCSL) Q4 2025 Earnings Call Transcript
Oaktree Specialty Lending Corporation ( OCSL) Q4 2025 Earnings Call November 18, 2025 11:00 AM EST Company Participants Clark Koury Mathew Pendo - President Armen Panossian - CEO & Co-Chief Investmen...
Oaktree Specialty Lending Corporation Announces Fourth Fiscal Quarter and Full Year 2025 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 for...
Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 10% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
The Four Horsemen Of The BDC Apocalypse
The article highlights four major risks facing the private credit market - the four horsemen of the BDC Apocalypse. This includes lending to non-prime borrowers and receivables financing. AI-driven di...
14% Dividend Yield Is Not Enough
Dividends matter. So do losses. Look at a couple of charts and call it a day. Most people don't want to go through all the history, but we can sum up over a decade in a few images. When we compare pri...
Deeply Discounted 12%+ Yields: Blackstone Secured Lending And Oaktree Specialty Lending
The BDC sector has been hammered—but opportunity may finally be knocking. Two high-yield giants now trade at big discounts to NAV. I compare them side by side and share the scenarios in which I think ...
Oaktree Specialty Lending Corporation Schedules Fourth Fiscal Quarter and Full Year 2025 Earnings Conference Call for November 18, 2025
LOS ANGELES--(BUSINESS WIRE)--Oaktree Specialty Lending Corporation Schedules Fourth Fiscal Quarter and Full Year 2025 Earnings Conference Call for November 18, 2025.
Mr. Market's Warning: 2 Quality BDCs Who Could Slash Their Dividends Soon
Blackstone Secured Lending and Morgan Stanley Direct Lending are high-quality BDCs facing potential dividend cuts due to falling coverage ratios. BXSL's fundamentals remain strong, but tight dividend ...
Time To Hunt Bargains In The BDC Forest: 2 Picks At ~20% Discount To NAV
BDCs have already experienced a notable correction. The sector median P/NAV metric indicates ~12% discount to NAV. Many players are priced even below that.
What Will It Take To Halt BDC Dividend Cuts? 1 Catalyst On The Horizon
14 BDCs have base dividend coverage levels between 100% and 105%. 16 BDCs have them already below 100%. Given the unfavorable future earnings outlook, a system-wide BDC dividend cutting process is ver...
5 BDCs That Deliver Double-Digit Yields (Up To 12.6%)
Wall Street suits tend to avoid business development companies (BDCs). That's a mistake.
Oaktree Specialty Lending: 0.95X Coverage Is A Problem (Rating Downgrade)
Oaktree Specialty Lending's weak net investment income coverage raises concerns about portfolio quality and future payouts. Non-accruals remain elevated, though slightly improved Q/Q in Q3'25, driving...
Attention High-Yield Investors: More BDC Dividend Cuts Are Likely Coming
The BDC sector faces mounting risks from a weakening economy, high consumer debt, and the potential for further dividend cuts as interest rates decline. Recent dividend cuts by several BDCs highlight ...
It's All Downhill For Most BDCs, Here Is My Approach
Q2 earnings confirmed my call for a market rotation in BDCs; quality bias and selectivity remain critical for outperformance. Structural headwinds—spread compression, falling base rates, and thin divi...
Oaktree Specialty Lending Corporation (OCSL) Q3 2025 Earnings Call Transcript
Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Q3 2025 Earnings Conference Call August 5, 2025 11:00 AM ET Company Participants Armen Panossian - CEO & Co-Chief Investment Officer Christopher Mc...
Oaktree (OCSL) Q3 Income Drops 33%
Oaktree (OCSL) Q3 Income Drops 33%
Oaktree Specialty Lending: One Dividend Cut Is Clearly Not Enough
Oaktree Specialty Lending Corporation's Q3 2025 earnings confirm my thesis: the recent dividend cut is insufficient to sustain the payout or NAV. Key headwinds include declining net investment income,...
Oaktree Specialty Lending Corporation Announces Third Fiscal Quarter 2025 Financial Results
LOS ANGELES, CA, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its...
BDC Investors: Prepare For An Imminent Market Rotation
Despite my long-term bullish stance on BDCs, I believe the sector is primed for a correction and may deliver subpar total returns ahead. In fact, I would suggest total return focused investors rotatin...
Oaktree Specialty Lending: Concern About Further Cuts In Distributions
Oaktree Specialty Lending Corporation is a business development company, or BDC, currently paying a yield of 11.25%. OCSL is rated investment grade by Moody's and Fitch. Compared to peers, OCSL stock ...
Two 10%+ Yielding BDCs Going From Bargains To Screaming Buys
Since the announcement of tariffs in early April, the BDC market has become a less interesting place for capital deployment (as we can imply from higher discounts). Yet, as it is usually the case, hig...