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Oaktree Specialty Lending (OCSL) to Release Earnings on Tuesday

Oaktree Specialty Lending logo with Finance background

Oaktree Specialty Lending (NASDAQ:OCSL - Get Free Report) is expected to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Oaktree Specialty Lending to post earnings of $0.54 per share and revenue of $91.93 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Oaktree Specialty Lending Trading Up 1.2 %

Oaktree Specialty Lending stock traded up $0.19 during trading on Friday, hitting $16.03. The company's stock had a trading volume of 477,244 shares, compared to its average volume of 513,105. The stock's fifty day moving average is $15.64 and its 200 day moving average is $16.26. Oaktree Specialty Lending has a 1-year low of $14.89 and a 1-year high of $21.49. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 22.30 and a beta of 1.07. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.19 and a current ratio of 0.19.

Oaktree Specialty Lending Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 13.73%. The ex-dividend date of this dividend was Monday, December 16th. Oaktree Specialty Lending's dividend payout ratio is currently 305.56%.

Analyst Ratings Changes

A number of research firms recently issued reports on OCSL. JMP Securities downgraded shares of Oaktree Specialty Lending from an "outperform" rating to a "market perform" rating in a report on Tuesday, November 19th. Keefe, Bruyette & Woods lowered their price objective on shares of Oaktree Specialty Lending from $18.00 to $17.00 and set a "market perform" rating for the company in a research note on Wednesday, November 20th. StockNews.com upgraded Oaktree Specialty Lending from a "sell" rating to a "hold" rating in a report on Wednesday, December 18th. Oppenheimer reiterated a "market perform" rating and issued a $18.00 target price on shares of Oaktree Specialty Lending in a report on Friday, November 22nd. Finally, Wells Fargo & Company dropped their price target on Oaktree Specialty Lending from $17.00 to $15.50 and set an "equal weight" rating for the company in a research note on Tuesday, October 29th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. According to data from MarketBeat, Oaktree Specialty Lending currently has a consensus rating of "Hold" and a consensus target price of $16.75.

Read Our Latest Analysis on Oaktree Specialty Lending

Oaktree Specialty Lending Company Profile

(Get Free Report)

Oaktree Specialty Lending Corporation is a business development company. The fund 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.

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Earnings History for Oaktree Specialty Lending (NASDAQ:OCSL)

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