Financial Services -
Financial - Credit Services - NASDAQ - US
$ 13.71
-0.58 %
$ 1.21 B
Market Cap
114.25
P/E
1. INTRINSIC VALUE
Balance Sheet
Oaktree Specialty Lending Corporation
| Current Assets | 103 M |
| Cash & Short-Term Investments | 64 M |
| Receivables | 38.8 M |
| Other Current Assets | 0 |
| Non-Current Assets | 3.02 B |
| Long-Term Investments | 3.02 B |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 55 M |
| Accounts Payable | 16.2 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 38.8 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Oaktree Specialty Lending Corporation
| Revenue | 57.6 M |
| Cost Of Revenue | 0 |
| Gross Profit | 57.6 M |
| Operating Expenses | 7.32 M |
| Operating Income | 304 M |
| Other Expenses | 246 M |
| Net Income | 57.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Oaktree Specialty Lending Corporation
| Net Income | 57.9 M |
| Depreciation & Amortization | 28.6 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 71.6 M |
| Others | -109 M |
| Free Cash Flow | 19.1 M |
Wall Street Analysts Price Targets
Oaktree Specialty Lending Corporation
Wall Street analysts predict an average 1-year price target for OCSL of $17.5 , with forecasts ranging from
a
low of
$17 to a high of $18 .
OCSL Lowest Price Target
Wall Street Target
17 USD
24.00%
OCSL Average Price Target
Wall Street Target
17.5 USD
27.64%
OCSL Highest Price Target
Wall Street Target
18 USD
31.29%
4. DIVIDEND
ANALYSIS
3.06%
DIVIDEND YIELD
0.42 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Oaktree Specialty Lending Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
340 K USD 3
0-3 MONTHS
235 K USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
37.7 K USD 1
9-12 MONTHS
7. News
Double Trouble: 2 BDCs Facing Another Yield Cut, Time To Sell?
BDCs are exposed to some material headwinds. We can see how already several BDCs have cut their dividends. Theoretically, it might make sense to buy those that have made dividend cuts, which could indicate that the new yields are rather sustainable.
seekingalpha.com
- 2 weeks ago
Warning To All BDC Investors
I am increasingly cautious on BDCs due to rising non-accruals, weaker earnings, and looser underwriting amid intense competition for private credit deals. Elevated interest rates are suppressing BDC valuations and making it harder for borrowers to service debt, leading to fewer quality investment opportunities. Dividend coverage is weakening across many BDCs, with higher non-accruals and PIK income threatening the sustainability of distributions investors rely on.
seekingalpha.com
- 1 month ago
BDC Weekly Review: Performance Divergence But No Serious Weakness
We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching. BDC sector pulled back 2% this week, but remains up 2.5% month-to-date; valuations are about 5% below historic averages. Despite headlines of credit stress, BDC portfolios' interest income continues to offset markdowns and non-accruals, supporting solid total NAV returns.
seekingalpha.com
- 1 month ago
Fat Dividends Served Reality Check
Big dividends sound great, but how about big losses? Since Q2 2025 began, book values got smacked. Not talking about share prices. You can tell if the share price declined (hopefully). That would be a worthless article. One of these high-yield sectors has been doing much better than the others.
seekingalpha.com
- 1 month ago
Oaktree Specialty Lending: A Contrarian Buy
Oaktree Specialty Lending trades at a 16% discount to NAV, presenting a potential rebound opportunity if credit performance improves in 2025. The investment firm reset its dividend in the last quarter, cutting the base by 27% and introducing a variable supplementary dividend tied to earnings strength. High non-accrual rates remain a key risk, with OCSL's portfolio quality needing improvement to support a valuation re-rating.
seekingalpha.com
- 1 month ago
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors.
seekingalpha.com
- 1 month ago
Oaktree Specialty Lending: A 13.2% Yield You Need To Avoid (Rating Downgrade)
Oaktree Specialty Lending's 13.2% dividend yield is risky due to rising non-accruals and a slowing economy, making another dividend cut likely. Despite a recent dividend cut, OCSL's financials continue to decline, with net asset value dropping significantly and non-performing loans increasing. OCSL's balance sheet is in decent shape with low debt-to-equity and strong liquidity, but this doesn't offset the risks from deteriorating fundamentals.
seekingalpha.com
- 1 month ago
Oaktree Specialty Lending: Staying Away From This BDC For The Remainder Of 2025
Oaktree Specialty Lending (OCSL) faces vulnerabilities including weak dividend coverage, portfolio concentration, and negative impacts from tariffs. OCSL's portfolio is heavily concentrated in Software & Services, and rising non-accruals indicate worsening borrower performance, exacerbated by high interest rates. Despite trading at a significant discount to NAV, OCSL's declining NAV and increasing non-accruals suggest ongoing financial instability and potential further downside in 2025.
seekingalpha.com
- 1 month ago
Oaktree Specialty Lending Corporation (OCSL) Q2 2025 Earnings Call Transcript
Oaktree Specialty Lending Corporation (NASDAQ:OCSL ) Q2 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Clark Koury – Head-Investors Matt Pendo – President Armen Panossian – Chief Executive Officer and Chief Investment Officer Chris McKown – Chief Financial Officer and Treasurer Conference Call Participants Finian O'Shea – Wells Fargo Melissa Wedel – JPMorgan Paul Johnson – KBW Operator Welcome and thank you for joining Oaktree Specialty Lending Corporation's Second Fiscal Quarter 2025 Conference Call. Today's conference call is being recorded.
seekingalpha.com
- 2 months ago
Oaktree Specialty Lending (OCSL) Lags Q2 Earnings and Revenue Estimates
Oaktree Specialty Lending (OCSL) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.56 per share a year ago.
zacks.com
- 2 months ago
Oaktree Specialty Lending Corporation Announces Second Fiscal Quarter 2025 Financial Results
LOS ANGELES, CA, May 01, 2025 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its financial results for the fiscal quarter ended March 31, 2025.
globenewswire.com
- 2 months ago
My 3 Biggest BDC Investing Mistakes Worth Avoiding
I've been tracking major BDCs for over three years, achieving high total returns and dividends, and outperforming the BDC index. My investments in BDCs are motivated by high yield, diversification from traditional dividend picks, and the potential to outperform in an underexplored market. Yet, there have been many bumps in the process, and some of them quite painful.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Oaktree Specialty Lending Corporation OCSL
COUNTRY
US
INDUSTRY
Financial - Credit Services
MARKET CAP
$ 1.21 B
Dividend Yield
3.06%
Description
Oaktree Specialty Lending Corporation is a business development company 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, and media and advertising sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies with enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.
Contact
333 South Grand Avenue, Los Angeles, CA, 90071
https://www.oaktreespecialtylending.com
IPO
Date
June 12, 2008
Employees
0
Officers
Mr. Raghav Khanna
Co-Chief Investment Officer
Ms. Mary Gallegly J.D.
MD,General Counsel & Secretary
Ms. Ashley Pak
Chief Compliance Officer
Mr. Dane Kleven
Senior Vice President & Head of Investor Relations
Mr. Sandeep Kumar Khorana
Managing Director of Origination
Ms. Lucia S. Kim
Senior Vice President
Dr. Aman Kumar M.D.
Managing Director & Co-Portfolio Manager of Life Sciences Direct Lending
Mr. Armen Panossian J.D.
Chief Executive Officer & Co-Chief Investment Officer
Mr. Mathew M. Pendo
President
Mr. Christopher McKown
MD,Chief Financial Officer & Treasurer