Oaktree Specialty Lending (OCSL) Stock Price, News & Analysis

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oaktree Specialty Lending in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OCSL shares.
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6 brokerages have issued 1 year price targets for Oaktree Specialty Lending's stock. Their OCSL share price targets range from $19.00 to $22.00. On average, they predict the company's share price to reach $20.67 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for OCSL or view top-rated stocks among Wall Street analysts.

Oaktree Specialty Lending's stock was trading at $20.42 on January 1st, 2024. Since then, OCSL shares have decreased by 5.8% and is now trading at $19.23.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our OCSL earnings forecast.

Oaktree Specialty Lending will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "2416934".

Oaktree Specialty Lending Co. (NASDAQ:OCSL) posted its earnings results on Thursday, February, 1st. The credit services provider reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.61 by $0.04. The credit services provider had revenue of $97.99 million for the quarter, compared to the consensus estimate of $99.48 million. Oaktree Specialty Lending had a net margin of 28.81% and a trailing twelve-month return on equity of 12.22%. During the same period in the prior year, the business earned $0.61 EPS.

Oaktree Specialty Lending announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.55 per share on Friday, March 29th. This represents a $2.20 annualized dividend and a dividend yield of 11.44%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for OCSL.

Oaktree Specialty Lending (NASDAQ:OCSL) pays an annual dividend of $2.20 per share and currently has a dividend yield of 11.42%. OCSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 145.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, OCSL will have a dividend payout ratio of 95.65% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OCSL.

ETFs with the largest weight of Oaktree Specialty Lending (NASDAQ:OCSL) stock in their portfolio include Simplify Opportunistic Income ETF (CRDT), GraniteShares HIPS US High Income ETF (HIPS) and ProShares Global Listed Private Equity ETF (PEX).Virtus Private Credit Strategy ETF (VPC).

Oaktree Specialty Lending's stock reverse split on Monday, January 23rd 2023. The 1-3 reverse split was announced on Monday, January 23rd 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, January 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Oaktree Specialty Lending investors own include Prospect Capital (PSEC), Energy Transfer (ET), AGNC Investment (AGNC), Annaly Capital Management (NLY), Ready Capital (RC), Ares Capital (ARCC), AT&T (T), PennantPark Investment (PNNT), PhenixFIN (MCC) and New Residential Investment (NRZ).

Oaktree Specialty Lending's stock is owned by many different institutional and retail investors. Top institutional investors include Melia Wealth LLC (0.85%), Rezny Wealth Management Inc. (0.33%), Triad Investment Management (0.23%), Confluence Investment Management LLC (0.05%) and Global Assets Advisory LLC (0.02%). Insiders that own company stock include Ashley Pak, Christopher Mckown, Leonard M Tannenbaum, Leonard M Tannenbaum, Mathew Pendo, Matthew Stewart and Phyllis R Caldwell.
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Shares of OCSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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