Oaktree Specialty Lending (OCSL) Scheduled to Post Earnings on Tuesday

Oaktree Specialty Lending (NASDAQ:OCSL - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Oaktree Specialty Lending Stock Performance

OCSL stock traded up $0.06 during midday trading on Tuesday, hitting $16.07. The stock had a trading volume of 299,994 shares, compared to its average volume of 657,538. Oaktree Specialty Lending has a 52 week low of $15.55 and a 52 week high of $21.64. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.61. The stock has a 50-day simple moving average of $16.28 and a 200 day simple moving average of $17.65. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 18.40 and a beta of 1.09.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on OCSL. Wells Fargo & Company lowered their price objective on Oaktree Specialty Lending from $17.00 to $15.50 and set an "equal weight" rating on the stock in a research note on Tuesday, October 29th. B. Riley cut their price objective on Oaktree Specialty Lending from $18.50 to $17.00 and set a "neutral" rating for the company in a report on Friday, August 2nd. Keefe, Bruyette & Woods raised shares of Oaktree Specialty Lending to a "hold" rating in a report on Friday, August 2nd. JMP Securities cut their price target on shares of Oaktree Specialty Lending from $21.00 to $20.00 and set a "market outperform" rating for the company in a report on Tuesday, July 30th. Finally, StockNews.com cut shares of Oaktree Specialty Lending from a "hold" rating to a "sell" rating in a research note on Monday, August 5th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $18.00.

Oaktree Specialty Lending Company Profile

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.