Oaktree Specialty Lending (OCSL) Set to Announce Earnings on Tuesday

Oaktree Specialty Lending (NASDAQ:OCSL) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 19th. Analysts expect Oaktree Specialty Lending to post earnings of $0.56 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Oaktree Specialty Lending Stock Performance

Oaktree Specialty Lending stock opened at $16.03 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.61. The stock has a market cap of $1.32 billion, a PE ratio of 18.43 and a beta of 1.09. Oaktree Specialty Lending has a 12-month low of $15.55 and a 12-month high of $21.64. The business’s 50-day moving average price is $16.21 and its two-hundred day moving average price is $17.56.

Analyst Ratings Changes

OCSL has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price target on Oaktree Specialty Lending from $17.00 to $15.50 and set an “equal weight” rating for the company in a report on Tuesday, October 29th. JPMorgan Chase & Co. decreased their target price on shares of Oaktree Specialty Lending from $20.00 to $18.50 and set an “overweight” rating for the company in a research report on Monday, July 29th. Keefe, Bruyette & Woods raised Oaktree Specialty Lending to a “hold” rating in a research report on Friday, August 2nd. StockNews.com downgraded shares of Oaktree Specialty Lending from a “hold” rating to a “sell” rating in a report on Monday, August 5th. Finally, Oppenheimer lowered Oaktree Specialty Lending from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $20.00 to $18.00 in a report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $18.00.

About Oaktree Specialty Lending

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.