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How to buy Oaktree Specialty Lending Corporation (OCSL) stock

Learn how to easily invest in Oaktree Specialty Lending Corporation stock.

Oaktree Specialty Lending Corporation
NASDAQ: OCSL - USD
CREDIT SERVICES
$6.77
+$0.04 (+0.59%)

Oaktree Specialty Lending Corporation is a credit services business based in the US. Oaktree Specialty Lending Corporation shares (OCSL) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Oaktree Specialty Lending Corporation

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – OCSL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Oaktree Specialty Lending Corporation stock price (NASDAQ: OCSL)

Use our graph to track the performance of OCSL stocks over time.

Oaktree Specialty Lending Corporation shares at a glance

Information last updated 2021-07-16.
Latest market close$6.74
52-week range$4.05 - $6.91
50-day moving average $6.75
200-day moving average $6.35
Wall St. target price$7.36
PE ratio 2.7893
Dividend yield $0.43 (6.41%)
Earnings per share (TTM) $2.42

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Oaktree Specialty Lending Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Oaktree Specialty Lending Corporation price performance over time

Historical closes compared with the close of $6.74 from 2021-05-28

1 week (2021-07-13) N/A
1 month (2021-06-24) -0.74%
3 months (2021-04-20) N/A
6 months (2021-01-20) N/A
1 year (2020-07-20) N/A
2 years (2019-07-20) N/A
3 years (2018-07-20) N/A
5 years (2016-07-20) N/A

Is Oaktree Specialty Lending Corporation under- or over-valued?

Valuing Oaktree Specialty Lending Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Oaktree Specialty Lending Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Oaktree Specialty Lending Corporation's P/E ratio

Oaktree Specialty Lending Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Oaktree Specialty Lending Corporation shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Oaktree Specialty Lending Corporation's PEG ratio

Oaktree Specialty Lending Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9661. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Oaktree Specialty Lending Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Oaktree Specialty Lending Corporation financials

Revenue TTM $158.1 million
Operating margin TTM 59.85%
Gross profit TTM $143.1 million
Return on assets TTM 3.01%
Return on equity TTM 33.92%
Profit margin 217.84%
Book value $7.09
Market capitalisation $1.2 billion

TTM: trailing 12 months

Shorting Oaktree Specialty Lending Corporation shares

There are currently 1.0 million Oaktree Specialty Lending Corporation shares held short by investors – that's known as Oaktree Specialty Lending Corporation's "short interest". This figure is 52.8% up from 659,644 last month.

There are a few different ways that this level of interest in shorting Oaktree Specialty Lending Corporation shares can be evaluated.

Oaktree Specialty Lending Corporation's "short interest ratio" (SIR)

Oaktree Specialty Lending Corporation's "short interest ratio" (SIR) is the quantity of Oaktree Specialty Lending Corporation shares currently shorted divided by the average quantity of Oaktree Specialty Lending Corporation shares traded daily (recently around 924726.60550459). Oaktree Specialty Lending Corporation's SIR currently stands at 1.09. In other words for every 100,000 Oaktree Specialty Lending Corporation shares traded daily on the market, roughly 1090 shares are currently held short.

However Oaktree Specialty Lending Corporation's short interest can also be evaluated against the total number of Oaktree Specialty Lending Corporation shares, or, against the total number of tradable Oaktree Specialty Lending Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Oaktree Specialty Lending Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Oaktree Specialty Lending Corporation shares in existence, roughly 10 shares are currently held short) or 0.0073% of the tradable shares (for every 100,000 tradable Oaktree Specialty Lending Corporation shares, roughly 7 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Oaktree Specialty Lending Corporation.

Find out more about how you can short Oaktree Specialty Lending Corporation stock.

Oaktree Specialty Lending Corporation share dividends

93%

Dividend payout ratio: 93% of net profits

Recently Oaktree Specialty Lending Corporation has paid out, on average, around 93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Oaktree Specialty Lending Corporation shareholders could enjoy a 7.7% return on their shares, in the form of dividend payments. In Oaktree Specialty Lending Corporation's case, that would currently equate to about $0.43 per share.

Oaktree Specialty Lending Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Oaktree Specialty Lending Corporation's most recent dividend payout was on 29 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 13 June 2021 (the "ex-dividend date").

Oaktree Specialty Lending Corporation share price volatility

Over the last 12 months, Oaktree Specialty Lending Corporation's shares have ranged in value from as little as $4.054 up to $6.91. A popular way to gauge a stock's volatility is its "beta".

OCSL.US volatility(beta: 1.51)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Oaktree Specialty Lending Corporation's is 1.5103. This would suggest that Oaktree Specialty Lending Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Oaktree Specialty Lending Corporation overview

Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and management buyouts in small and mid-sized companies. The fund 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. .

Frequently asked questions

What percentage of Oaktree Specialty Lending Corporation is owned by insiders or institutions?
Currently 13.778% of Oaktree Specialty Lending Corporation shares are held by insiders and 51.223% by institutions.
When does the fiscal year end for Oaktree Specialty Lending Corporation?
Oaktree Specialty Lending Corporation's fiscal year ends in September.
Where is Oaktree Specialty Lending Corporation based?
Oaktree Specialty Lending Corporation's address is: 333 South Grand Avenue, Los Angeles, CA, United States, 90071
What is Oaktree Specialty Lending Corporation's ISIN number?
Oaktree Specialty Lending Corporation's international securities identification number is: US67401P1084
What is Oaktree Specialty Lending Corporation's CUSIP number?
Oaktree Specialty Lending Corporation's Committee on Uniform Securities Identification Procedures number is: 31678A103

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