Media headlines about Oaktree Specialty Lending (NASDAQ:OCSL) have been trending positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oaktree Specialty Lending earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave media stories about the credit services provider an impact score of 45.2945118780909 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
- On April, 26 Analysts See $0.27 EPS for Vertex Pharmaceuticals Incorporated (VRTX) (newburghgazette.com)
- Oaktree Specialty Lending Corpo (OCSL) EPS Estimated At $0.09 as of May, 9 (styleonfleek365.com)
- Oaktree Specialty Lending (OCSL) Downgraded to “Sell” at BidaskClub (americanbankingnews.com)
- Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for May 8, 2018 (finance.yahoo.com)
- Oaktree Specialty Lending (OCSL) Rating Increased to Hold at Zacks Investment Research (americanbankingnews.com)
Several research firms have recently issued reports on OCSL. National Securities reissued a “neutral” rating and set a $5.00 target price on shares of Oaktree Specialty Lending in a report on Monday, February 12th. Zacks Investment Research raised Oaktree Specialty Lending from a “sell” rating to a “hold” rating and set a $4.75 target price on the stock in a report on Thursday, April 12th. Maxim Group reissued a “hold” rating on shares of Oaktree Specialty Lending in a report on Tuesday, December 26th. BMO Capital Markets reduced their price objective on Oaktree Specialty Lending from $5.00 to $4.00 and set a “market perform” rating on the stock in a research note on Monday, February 12th. Finally, Keefe, Bruyette & Woods set a $5.00 price objective on Oaktree Specialty Lending and gave the company a “hold” rating in a research note on Friday, February 9th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Oaktree Specialty Lending has an average rating of “Buy” and a consensus price target of $5.32.
NASDAQ:OCSL traded down $0.02 during trading hours on Tuesday, hitting $4.33. The company’s stock had a trading volume of 36,231 shares, compared to its average volume of 636,572. The firm has a market capitalization of $606.13, a PE ratio of 8.49, a price-to-earnings-growth ratio of 5.86 and a beta of 0.13. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.51. Oaktree Specialty Lending has a twelve month low of $3.90 and a twelve month high of $5.91.
Oaktree Specialty Lending (NASDAQ:OCSL) last released its quarterly earnings data on Thursday, February 8th. The credit services provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). The business had revenue of $33.88 million during the quarter, compared to analyst estimates of $35.00 million. Oaktree Specialty Lending had a negative net margin of 95.68% and a positive return on equity of 6.74%. analysts anticipate that Oaktree Specialty Lending will post 0.37 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Thursday, March 15th were paid a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 7.85%. The ex-dividend date was Wednesday, March 14th. Oaktree Specialty Lending’s payout ratio is 66.67%.
In other news, Director Marc Gamsin purchased 35,000 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were purchased at an average cost of $4.39 per share, with a total value of $153,650.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.10% of the company’s stock.
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About Oaktree Specialty Lending
Oaktree Specialty Lending Corporation, formerly Fifth Street Finance Corp., is a specialty finance company. The Company is focused on providing customized one-stop credit solutions to companies with limited access to public or syndicated capital markets. The Company provides companies with flexible financing solutions including first and second lien loans, unsecured and mezzanine loans, and preferred equity.
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