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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oaktree Specialty Lending in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" OCSL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OCSL, but not buy additional shares or sell existing shares.
View OCSL analyst ratings or view top-rated stocks.

5 analysts have issued twelve-month price targets for Oaktree Specialty Lending's shares. Their OCSL share price targets range from $19.00 to $23.00. On average, they anticipate the company's share price to reach $21.20 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 at the start of the year. Since then, OCSL shares have decreased by 3.4% and is now trading at $19.73.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our OCSL earnings forecast.

Oaktree Specialty Lending Co. (NASDAQ:OCSL) issued its quarterly earnings results on Thursday, February, 1st. The credit services provider reported $0.57 earnings per share (EPS) 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 analyst estimates of $99.48 million. Oaktree Specialty Lending had a trailing twelve-month return on equity of 12.22% and a net margin of 28.81%. During the same quarter in the previous year, the business earned $0.61 earnings per share.

Oaktree Specialty Lending announced a quarterly dividend on Thursday, February 1st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.55 per share on Friday, March 29th. This represents a $2.20 annualized dividend and a yield of 11.15%. 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 11.15%. 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), Putnam BDC Income ETF (PBDC) and ProShares Global Listed Private Equity ETF (PEX).GraniteShares HIPS US High Income ETF (HIPS).

Oaktree Specialty Lending's stock reverse split on the morning of 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 market closes 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 retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (1.79%), LSV Asset Management (1.41%), Private Management Group Inc. (1.04%), Lindbrook Capital LLC (0.97%), Pinnacle Associates Ltd. (0.74%) and Trinity Financial Advisors LLC (0.61%). Insiders that own company stock include Ashley Pak, Christopher Mckown, Leonard M Tannenbaum, Leonard M Tannenbaum, Mathew Pendo, Matthew Stewart and Phyllis R Caldwell.
View institutional ownership trends.

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.
Compare Top Brokerages Here.