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

Oaktree Specialty Lending (NASDAQ:OCSL) is scheduled to release its earnings data 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 Price Performance

OCSL opened at $16.03 on Monday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 18.43 and a beta of 1.09. 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’s 50-day moving average price is $16.21 and its 200 day moving average price is $17.55. Oaktree Specialty Lending has a 12-month low of $15.55 and a 12-month high of $21.64.

Analysts Set New Price Targets

Several research analysts recently commented on the company. StockNews.com cut Oaktree Specialty Lending from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. JMP Securities lowered their price objective on shares of Oaktree Specialty Lending from $21.00 to $20.00 and set a “market outperform” rating on the stock in a research report on Tuesday, July 30th. Wells Fargo & Company lowered their target price 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. JPMorgan Chase & Co. dropped their price target on shares of Oaktree Specialty Lending from $20.00 to $18.50 and set an “overweight” rating on the stock in a research note on Monday, July 29th. Finally, 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 research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus 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.