Oaktree Specialty Lending Corporation (OCSL)

NASDAQ: OCSL · IEX Real-Time Price · USD
19.79
-0.20 (-0.98%)
Feb 28, 2024, 1:19 PM EST - Market open
-0.98%
Market Cap 1.57B
Revenue (ttm) 398.09M
Net Income (ttm) 114.69M
Shares Out 78.97M
EPS (ttm) 1.53
PE Ratio 13.06
Forward PE 8.41
Dividend $2.20 (11.12%)
Ex-Dividend Date Mar 14, 2024
Volume 277,501
Open 20.00
Previous Close 19.98
Day's Range 19.73 - 20.00
52-Week Range 17.70 - 21.64
Beta 1.14
Analysts Buy
Price Target 21.50 (+8.7%)
Earnings Date Feb 1, 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]

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

Financial Performance

In 2023, OCSL'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 Statements

Analyst Forecast

According to 4 analysts, the average rating for OCSL stock is "Buy." The 12-month stock price forecast is $21.5, which is an increase of 8.70% from the latest price.

Price Target
$21.5
(8.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Oaktree Specialty Lending Corporation Announces Tax Character of Distributions for Calendar Year 2023

LOS ANGELES, CA, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“OCSL” or the “Company”) today announced the tax character of the Company's 2023 common stock di...

13 days ago - GlobeNewsWire

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

LOS ANGELES, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its fin...

27 days ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Schedules First Fiscal Quarter Earnings Conference Call for February 1, 2024

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time LOS ANGELES, CA, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) t...

7 weeks ago - GlobeNewsWire

Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says

Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development companies covered by Fitch Ratings, amid expectations that the sector wi...

3 months ago - Market Watch

Oaktree Specialty Lending Corporation Announces Fourth Fiscal Quarter and Full Year 2023 Financial Results and Declares Quarterly Distribution of $0.55 Per Share and Special Distribution of $0.07 Per Share

LOS ANGELES, CA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its...

3 months ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Schedules Fourth Fiscal Quarter and Full Year 2023 Earnings Conference Call for November 14, 2023

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time         LOS ANGELES, CA, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Com...

5 months ago - GlobeNewsWire

3 BDC stocks with over 9% dividend yields to buy

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Other symbols: ARCCOBDC
6 months ago - Invezz

Oaktree Specialty Lending Corporation Prices Public Offering of $300,000,000 7.100% Notes due 2029

LOS ANGELES, CA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“OCSL” or the “Company”), a specialty finance company, today announced that it has priced an un...

7 months ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Announces Third Fiscal Quarter 2023 Financial Results and Declares Distribution of $0.55 Per Share

LOS ANGELES, CA, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its...

7 months ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Schedules Third Fiscal Quarter Earnings Conference Call for August 3, 2023

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time LOS ANGELES, CA, June 29, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) t...

8 months ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Announces Second Fiscal Quarter 2023 Financial Results and Declares Distribution of $0.55 Per Share

LOS ANGELES, May 04, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its fina...

10 months ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for May 4, 2023

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time

11 months ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Announces First Fiscal Quarter 2023 Financial Results and Declares Increased Distribution of $0.55 Per Share

LOS ANGELES, CA, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its...

1 year ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Completes Merger with Oaktree Strategic Income II, Inc.

LOS ANGELES, CA, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“OCSL”) is pleased to announce the closing of the previously announced merger with Oaktree Strat...

1 year ago - GlobeNewsWire

Oaktree Specialty Lending Corporation and Oaktree Strategic Income II, Inc. Announce Stockholder Approvals of Merger

LOS ANGELES, CA, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“OCSL”) and Oaktree Strategic Income II, Inc. (“OSI II”) today announced that each company obtai...

1 year ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Schedules First Fiscal Quarter Earnings Conference Call for February 7, 2023

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time

1 year ago - GlobeNewsWire

11 high-yield dividend stocks that are Wall Street's favorites for 2023

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1 year ago - Market Watch

OAKTREE STRATEGIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Oaktree Strategic Income II, Inc. - OCSI

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Oaktree Stra...

1 year ago - Business Wire

Oaktree Specialty Lending Corporation Announces Fourth Fiscal Quarter and Full Year 2022 Financial Results and Declares Increased Quarterly Distribution of $0.18 Per Share and Special Distribution of $0.14 Per Share

LOS ANGELES, CA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its...

1 year ago - GlobeNewsWire

Shareholder Alert: Ademi LLP investigates whether Oaktree Specialty Lending Corporation's transaction with OSI II is fair to shareholders

MILWAUKEE , Sept. 16, 2022 /PRNewswire/ -- Ademi LLP is investigating Oaktree (NASDAQ:OCSL) for possible breaches of fiduciary duty and other violations of law in its transaction with OSI II.

1 year ago - PRNewsWire

OCSL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Oaktree Specialty Lending Corporation Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Oaktree Specialty Lending Corporation (NASDAQ: OCSL) and Oaktree Strategic Income II, I...

1 year ago - Business Wire

Oaktree Specialty Lending Corporation and Oaktree Strategic Income II, Inc. Enter into Merger Agreement

LOS ANGELES, CA, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“OCSL”) and Oaktree Strategic Income II, Inc. (“OSI II”) today announced that they have entered...

1 year ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Announces Third Fiscal Quarter 2022 Financial Results and Declares Increased Distribution of $0.17 Per Share

LOS ANGELES, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its fin...

1 year ago - GlobeNewsWire

Oaktree Specialty Lending Corporation Schedules Third Fiscal Quarter Earnings Conference Call for August 4, 2022

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time

1 year ago - GlobeNewsWire