Financial Services -
Financial - Credit Services - NASDAQ - US
$ 13.25
-4.61 %
$ 1.09 B
Market Cap
19.78
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 | 346 M |
| Cost Of Revenue | 0 |
| Gross Profit | 346 M |
| Operating Expenses | 7.32 M |
| Operating Income | 339 M |
| Other Expenses | 281 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 | 0 |
| 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
28.30%
OCSL Average Price Target
Wall Street Target
17.5 USD
32.08%
OCSL Highest Price Target
Wall Street Target
18 USD
35.85%
4. DIVIDEND
ANALYSIS
3.48%
DIVIDEND YIELD
0.47 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
235 K USD 3
0-3 MONTHS
0 USD 0
3-6 MONTHS
37.7 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Dividend Cut Alert: 1 BDC And 1 REIT With Likely Lower Dividends In 2025
The current market environment suggests a potential recession, leading investors to favor durable and income-producing assets. BDCs and REITs are likely to be among the key beneficiaries here. However, with REITs and especially BDCs investors have to be careful in order to avoid falling in a value trap.
seekingalpha.com
- 3 weeks ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
- 3 weeks ago
Buy The Dividend Cut: These 7-11% Yielding Stocks Are Now Strong Buys
Two high-yield stocks just slashed their dividends—but that might be the best thing that ever happened to them. Insiders are loading up, and the market is mispricing these recovery plays with massive upside potential. Lock in yields up to 11% on these overlooked income machines before Mr. Market wakes up!
seekingalpha.com
- 3 weeks ago
Oaktree Specialty Lending: Solid Income Value After 27% Dividend Cut
Oaktree Specialty Lending offers an attractive value proposition due to its valuation, portfolio strategy, and yield, despite having a high non-accrual percentage. OSCL cut its dividend by 27.3% last month, improving its dividend coverage profile to 1.15X in Q1 '25. The investment firm, however, has seen a shrinking portfolio due to higher net loan repayments.
seekingalpha.com
- 3 weeks ago
Forget Growth: 5 Big Safe Yields Worth Considering
The stock market has been ugly (particularly growth stocks), and it could get much worse. Thankfully, however, there is another way. Income investing focuses on big, steady dividend and interest payments, thereby allowing investors to worry far less about price volatility (as long as those big income payments keep coming in). This report shares 5 big safe yield strategies (including a variety of top income ideas), and then concludes with an important takeaway about succeeding in this market.
seekingalpha.com
- 1 month ago
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.
seekingalpha.com
- 1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
seekingalpha.com
- 1 month ago
Oaktree Specialty Lending: Dividend Cut, What Now?
Oaktree Specialty Lending Corporation faced a decline in net asset value and net investment income due to investment write-downs and high non-accruals. The company cut its dividend by 27% to address the deteriorating dividend coverage, raising concerns about its ability to re-rate higher in 2025. Despite the dividend cut, Oaktree Specialty Lending's stock is expected to continue selling at a discount to net asset value due to ongoing credit issues.
seekingalpha.com
- 1 month ago
Oaktree Specialty Lending Corporation Prices Public Offering of $300,000,000 6.340% Notes due 2030
LOS ANGELES, CA, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“OCSL” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $300.0 million aggregate principal amount of 6.340% notes due 2030. The notes will mature on February 27, 2030 and may be redeemed in whole or in part at the Company's option at any time at par plus a “make-whole” premium, if applicable.
globenewswire.com
- 1 month ago
BDC Weekly Review: Markets Care More About Income
We take a look at the action in business development companies through the first week of February and highlight some of the key themes we are watching. BDCs underperformed this week with a total return of around -1%, diverging from other income sectors buoyed by rising Treasuries. Market reaction to earnings highlights a focus on income over total NAV return, as seen with ARCC and GBDC's recent performance.
seekingalpha.com
- 1 month ago
Oaktree Specialty Lending: Dividend Cut As Expected, But Is This Enough?
In a November 2024 article, I made a case that we will see Oaktree Specialty Lending cutting its dividend quite soon. This has now happened. The base dividend has dropped by ~27%. The base dividend coverage stands now at 136%, which implies a significant margin of safety for the FWD 10.3% yield.
seekingalpha.com
- 2 months ago
Oaktree Specialty Lending Corporation (OCSL) Q1 2025 Earnings Call Transcript
Oaktree Specialty Lending Corporation (NASDAQ:OCSL ) Q1 2025 Earnings Conference Call February 4, 2025 11:00 AM ET Company Participants Dane Kleven – Head-Investor Relations Armen Panossian – Chief Executive Officer and Co-Chief Investment Officer Raghav Khanna – Co-Chief Investment Officer Matt Pendo – President Chris McKown – Chief Financial Officer and Treasurer Conference Call Participants Finian O'Shea – Wells Fargo Securities Matthew Hurwit – Jefferies Melissa Wedel – JPMorgan Operator Welcome and thank you for joining Oaktree Specialty Lending Corporation's First Fiscal Quarter Conference Call. Today's conference call is being recorded.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Oaktree Specialty Lending Corporation OCSL
COUNTRY
US
INDUSTRY
Financial - Credit Services
MARKET CAP
$ 1.09 B
Dividend Yield
3.48%
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. Dane Kleven
Senior Vice President & Head of Investor Relations
Ms. Ashley Pak
Chief Compliance Officer
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. Raghav Khanna
Co-Chief Investment Officer
Mr. Sandeep Kumar Khorana
Managing Director of Origination
Ms. Lucia S. Kim
Senior Vice President
Ms. Mary Gallegly J.D.
MD,General Counsel & Secretary
Mr. Christopher McKown
MD,Chief Financial Officer & Treasurer