With over 0.48 million Oaktree Specialty Lending Corporation (OCSL) shares trading Friday and a closing price of $21.26 on the day, the dollar volume was approximately $10.21 million. The shares have shown a positive half year performance of 7.79% and its price on 01/12/24 gained nearly 0.38%. Currently, there are 78.97M common shares owned by the public and among those 75.86M shares have been available to trade.
Insiders at the company have transacted a total of 9 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 9 of these insider trades were purchases, accounting for 4,680 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The top 3 mutual fund holders in Oaktree Specialty Lending Corporation are VanEck BDC Income ETF, Partners Group Listed Investments, and Waverton Invt. Fds. Plc – Real As. VanEck BDC Income ETF owns 1.42 million shares of the company’s stock, all valued at over $29.0 million. The company bought an additional 2720.0 shares recently to bring their total holdings to about 1.84% of the shares outstanding. Partners Group Listed Investments sold 73556.0 shares to see its total holdings shrink to 0.37 million shares valued at over $7.61 million and representing 0.48% of the shares outstanding. Waverton Invt. Fds. Plc – Real As now owns shares totaling to 0.43% of the shares outstanding.
Shares of Oaktree Specialty Lending Corporation (NASDAQ: OCSL) opened at $21.20, up $0.02 from a prior closing price of $21.18. The company’s stock has a 5-day price change of 1.67% and 10.47% over the past three months. OCSL shares are trading 4.11% year to date (YTD), with the 12-month market performance down to -0.27% lower. It has a 12-month low price of $17.64 and touched a high of $21.41 over the same period. OCSL has an average intraday trading volume of 639.20K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.24%, 5.70%, and 9.06% respectively.
Institutional ownership of Oaktree Specialty Lending Corporation (NASDAQ: OCSL) shares accounts for 38.24% of the company’s 78.97M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $1.68B and a beta (3y monthly) value of 1.13. The stock’s trailing 12-month PE ratio is 13.04, while the earnings-per-share (ttm) stands at $1.63. The company has a PEG of 1.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.10% over the week and 1.21% over the month.
Analysts forecast that Oaktree Specialty Lending Corporation (OCSL) will achieve an EPS of $0.61 for the current quarter, $0.61 for the next quarter and $2.4 for 2025. The lowest estimate earnings-per-share for the quarter is $0.6 while analysts give the company a high EPS estimate of $0.62. Comparatively, EPS for the current quarter was $0.61 a year ago. Earnings per share for the fiscal year are expected to decrease by -1.20%, and -1.60% over the next financial year. EPS should shrink at an annualized rate of 12.00% over the next five years, compared to 14.28% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 8 brokerage firm advisors rate Oaktree Specialty Lending Corporation (OCSL) as a “Strong Buy” at a consensus score of 1.90. Specifically, 6 Wall Street analysts polled rate the stock as a buy, while 2 of the 8 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the OCSL, a number of firms have released research notes about the stock. B. Riley Securities stated their Neutral rating for the stock in a research note on January 08, 2024, with the firm’s price target at $21.
