On September 23, Oaktree Specialty Lending (NASDAQ: OCSL ) insider Phylliss Caldwell increased her position in the stock by 1,000 shares at $16.01. The buy–although not especially large–could signal that OCSL insiders are Analyst's Disclosure: I/we have a beneficial long position in the shares of OCSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no b ...

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time LOS ANGELES, CA, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) ("Oaktree Specialty Lending" or the "Company") today announced that it will report its financial results for the fourth fiscal quarter and full year ended September 30, 2024 before the opening of the Nasdaq Global Select Market on Tuesday, November 19, 2024. Management will host a conference call to discuss the results on the same day at 11:00 a.m. Eastern T ...

Business Development Companies have remained one of my favorite sectors as it has helped me capitalize on the higher interest rate environment that we remain in. The appeal of the sector may be changing, however, now that Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking out ...

Business Development Companies (BDCs) are popular among income-focused investors due to their high yields. BDCs allow investors to function similarly to a bank, usually lending to the less liquid middle-market corporate debt market, which often has high yields. Some BDCs use leverage to boost Harrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade. He has professional experience in the private equity, real estate, and economic re ...

Henrik Sorensen I warned of growing risks to the dividend for Oaktree Specialty Lending Corporation (NASDAQ:OCSL) in May as the business development company sparked a spike in impaired loans, suffering a serious deterioration in its credit profile. Though Oaktree Specialty Lending's non-accrual ratio decreased in 3Q24 (the BDC's last quarter), the business development company barely covered its dividend with net investment income. Oaktree Specialty Lending also paid a price in terms of its net asset value, ...

arthon meekodong/iStock via Getty Images Oaktree Specialty Lending (NASDAQ:OCSL) suffered increasing selling pressure in 2024 as the BDC disclosed loan performance issues which resulted in a quite significant increase in the non-accrual percentage. The BDC's balance sheet quality continued to suffer in the June quarter, but Oaktree Specialty Lending is seeking to strengthen its portfolio by focusing more on running a first lien strategy going forward. Despite the increase in the non-accrual percentage, Oakt ...

Oaktree Specialty Lending Corporation (NASDAQ:OCSL) Q3 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Dane Kleven - Head of Investor Relations Matt Pendo - President Armen Panossian - Chief Executive Officer & Chief Investment Officer Chris McKown - Chief Financial Officer & Treasurer Conference Call Participants Finian O'Shea - Wells Fargo Melissa Wedel - JPMorgan Operator Welcome and thank you for joining Oaktree Specialty Lending Corporation's Third Fiscal Quarter Conferenc ...

Earnings Presentation NASDAQ: OCSL Third Quarter 2024 Earnings Presentation NASDAQ: OCSL Forward Looking Statements & Legal Disclosures Some of the statements in this presentation constitute forward-looking statements because they relate to future events or our future performance or financial condition. The forward-looking statements contained in this presentation may include statements as to: our future operating results and distribution projections; the ability of Oaktree Fund Advisors, LLC (together with ...

For the quarter ended June 2024, Oaktree Specialty Lending (OCSL) reported revenue of $94.97 million, down 6.8% over the same period last year. EPS came in at $0.55, compared to $0.62 in the year-ago quarter. The reported revenue represents a surprise of -4.41% over the Zacks Consensus Estimate of $99.35 million. With the consensus EPS estimate being $0.57, the EPS surprise was -3.51%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

Oaktree Specialty Lending (OCSL) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.51%. A quarter ago, it was expected that this specialty finance company would post earnings of $0.57 per share when it actually produced earnings of $0.56, delivering a surprise of -1.75%. Over the la ...