Oaktree Specialty Lending Corp

Oaktree Specialty Lending Corp Stock Forecast & Price Prediction

Live Oaktree Specialty Lending Corp Stock (OCSL) Price
$16.56

8

Ratings

  • Buy 3
  • Hold 5
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$16.56

P/E Ratio

19.25

Volume Traded Today

$591,748

Dividend

$0.55

52 Week High/low

21.64/15.56

Oaktree Specialty Lending Corp Market Cap

$1.40B

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OCSL Summary

From what 8 stock analysts predict, the share price for Oaktree Specialty Lending Corp (OCSL) might increase by 12.74% in the next year. This is based on a 12-month average estimation for OCSL. Price targets go from $17 to $21. The majority of stock analysts believe OCSL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

OCSL Analyst Ratings

About 8 Wall Street analysts have assigned OCSL 3 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Oaktree Specialty Lending Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on OCSL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

OCSL stock forecast by analyst

These are the latest 20 analyst ratings of OCSL.

Analyst/Firm

Rating

Price Target

Change

Date

Finian O'Shea
Wells Fargo

Equal-Weight

$17

Downgrade

Aug 26, 2024
Mitchel Penn
Oppenheimer

Perform

$18

Downgrade

Aug 2, 2024
Melissa Wedel
JP Morgan

Overweight

$18

Maintains

Aug 2, 2024
Finian O'Shea
Wells Fargo

Overweight

$18

Maintains

Aug 2, 2024
Bryce Rowe
B. Riley Securities

Neutral

$17

Maintains

Aug 2, 2024
Kevin Mcveigh
JMP Securities

Market Outperform

$20

Maintains

Jul 30, 2024
Melissa Wedel
JP Morgan

Overweight

$18.5

Maintains

Jul 29, 2024
Finian O'Shea
Wells Fargo

Overweight

$19

Maintains

Jul 26, 2024
Melissa Wedel
JP Morgan

Overweight

$20

Maintains

Apr 12, 2024
Kevin Mcveigh
JMP Securities

Market Outperform

$21

Reiterates

Mar 26, 2024
Timothy O'Shea
Wells Fargo

Overweight

$20.5

Maintains

Feb 2, 2024
Ryan Lynch
Keefe, Bruyette & Woods

Market Perform


Downgrade

Feb 2, 2024
Timothy O'Shea
Wells Fargo

Overweight

$22

Maintains

Jan 29, 2024
Bryce Rowe
B. Riley Securities

Neutral

$21

Downgrade

Jan 8, 2024
Ryan Lynch
Keefe, Bruyette & Woods

Outperform

$21.5

Maintains

May 5, 2023
Timothy O'Shea
Wells Fargo

Overweight

$19

Maintains

Apr 18, 2023
Kevin Mcveigh
JMP Securities

Market Outperform

$23

Reiterates

Mar 13, 2023
Melissa Wedel
JP Morgan

Overweight

$20.5

Maintains

Feb 8, 2023
Bryce Rowe
B. Riley Securities

Buy

$7.5

Maintains

Nov 16, 2022
Finian O'Shea
Wells Fargo

Overweight

$7.5

Maintains

Nov 16, 2022

OCSL Company Information

  • Business Type: Oaktree Specialty Lending Corporation is a business development company.
  • Investment Focus: Specializes in middle market investments, including various forms of debt financing.
  • Types of Financing: Offers bridge financing, first and second lien debt, unsecured loans, mezzanine debt, and preferred equity.
  • Target Industries: Invests in education services, healthcare, manufacturing, retail, food, media, software, pharmaceuticals, and more.
  • Investment Range: Investments typically range from $5 million to $75 million.
  • Company Size: Targets companies with an enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million.
  • Transaction Underwriting: Can underwrite transactions up to $100 million, with a hold size of up to $75 million.
  • Geographical Focus: Primarily invests in North America.
  • Investment Approach: Seeks to be a lead investor in its portfolio companies.
OCSL
Oaktree Specialty Lending Corp (OCSL)

When did it IPO

N/A

Staff Count

0

Country

United States

Sector/Industry

Financial Services/Credit Services

CEO

Mr. Armen Panossian J.D.

Market Cap

$1.40B

Oaktree Specialty Lending Corp (OCSL) Financial Data

In 2023, OCSL generated $125.2M in revenue, which was a increase of 220.11% from the previous year. This can be seen as a signal that OCSL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$52.3M

Revenue From 2021

$248.3M

374.63 %
From Previous Year

Revenue From 2022

$39.1M

-84.25 %
From Previous Year

Revenue From 2023

$125.2M

220.11 %
From Previous Year
  • Revenue TTM $388.9M
  • Operating Margin TTM 81.2%
  • Gross profit TTM $0
  • Return on assets TTM 5.8%
  • Return on equity TTM 4.5%
  • Profit Margin 17.2%
  • Book Value Per Share 18.19%
  • Market capitalisation $1.40B
  • Revenue for 2021 $248.3M
  • Revenue for 2022 $39.1M
  • Revenue for 2023 $125.2M
  • EPS this year (TTM) $0.88

Oaktree Specialty Lending Corp (OCSL) Latest News

News Image

Thu, 05 Sep 2024

Sentiment - NEGATIVE

Source - Seeking Alpha

Summary - BDCs have outperformed REITs since early 2022, but rising recession fears and declining long-term rates may lead to dividend cuts, as seen with a recent aggressive reduction by one BDC.

Why It Matters - BDCs' outperformance is at risk as declining long-term rates and recession fears may lead to dividend cuts, impacting income potential and investment decisions.

News Image

Sat, 31 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - The BDC sector faces challenges like spread compression and corporate distress, but ETFs like VanEck and Putnam show minor corrections, though they may not reflect the sector's full dynamics.

Why It Matters - Spread compression and corporate distress could impact BDC profitability, while potential Fed rate cuts might affect interest income. Minor corrections in ETFs suggest resilience, but illiquidity risks distort true sector performance.

News Image

Thu, 29 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Oaktree Specialty Lending reported a 2.8% drop in NAV and investment income but achieved a positive total NAV return. Management fees were permanently reduced to 1%, expected to increase net income by 6%.

Why It Matters - Oaktree's declining NAV and income signal potential ongoing challenges, but the reduced management fee may boost future profitability, impacting investor sentiment and returns.

News Image

Wed, 28 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Recent BDC market trends highlight the importance of quality, with a divergence in performance between high-quality and aggressive BDCs. Two attractive options for yield-focused investors are discussed.

Why It Matters - The emphasis on quality in BDCs signals potential risks in aggressive investments, guiding investors towards safer, more stable options for yield.

News Image

Sun, 25 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Oaktree Specialty Lending's credit profile has worsened, raising risks of a dividend cut as net investment income barely covers the dividend amid a declining net asset value.

Why It Matters - Oaktree Specialty Lending's weakened credit profile and declining net asset value raise concerns over its dividend sustainability, impacting passive income investors' returns and overall investment stability.

News Image

Fri, 23 Aug 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - In 1990, a pivotal event in finance marked the end of a transformative 20-year period, significantly altering corporate financing methods.

Why It Matters - Understanding the 1990 finance transformation helps investors assess current market dynamics and influences on company financing strategies. Historical context can guide future investment decisions.

...

OCSL Frequently asked questions

The highest forecasted price for OCSL is $21 from Bryce Rowe at B. Riley Securities.

The lowest forecasted price for OCSL is $17 from Bryce Rowe from B. Riley Securities

The OCSL analyst ratings consensus are 3 buy ratings, 5 hold ratings, and 0 sell ratings.