How to Buy Oaktree Specialty Lending Stock
Oaktree Specialty Lending Corp
Oaktree Specialty Lending Corporation is a business development company 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.
Oaktree Specialty Lending stock last closed at $19.60, down 0.71% from the previous day, and has increased 4.14% in one year. It has underperformed other stocks in the Credit Services industry by 0.12 percentage points. Oaktree Specialty Lending stock is currently +8.95% from its 52-week low of $17.99, and -9.43% from its 52-week high of $21.64.
As of Apr 22, 2024, there are 78.97M OCSL shares outstanding. The market cap of OCSL is $1.55B. In the past 24 hours, 497,641 OCSL shares were traded.
How to Buy Oaktree Specialty Lending Stock
Wondering how to invest in Oaktree Specialty Lending stock? Here's how.
- Figure out where to buy Oaktree Specialty Lending stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Oaktree Specialty Lending stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your payment method and add your details.
- Evaluate Oaktree Specialty Lending stock: The Oaktree Specialty Lending ticker symbol is OCSL. Is Oaktree Specialty Lending stock a good investment? Should you buy shares of OCSL? How do OCSL's underlying business fundamentals look? Do top analysts think Oaktree Specialty Lending is a good buy? Why has OCSL's stock price moved recently? (Hint: Our stock analysis website can help you understand if OCSL is a good stock to buy).
- Place your OCSL trade: Decide if you will purchase OCSL shares at the current market price or use a limit order to purchase OCSL shares at a particular price.
- Watch your investment in OCSL: Create a watchlist to the latest updates on your position in Oaktree Specialty Lending stock.
Step 1: Figure out where to buy Oaktree Specialty Lending stock
You need an online brokerage account in order to access the NASDAQ market and buy OCSL shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can invest in OCSL stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your brokerage account
Now that you have opened your account on apps for stocks, you need to deposit funds:
Watch the walkthrough below to see the process of depositing money into your new investment account.
Step 4: Evaluate Oaktree Specialty Lending stock
After you have selected the best place to buy Oaktree Specialty Lending stock, it's very important to evaluate their stock prior to buying, so you actually comprehend the risk as well as the opportunity.
Overview of key OCSL info
OCSL Zen Score
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on OCSL's stock page.
How is OCSL stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge OCSL's fair value.
Using relative valuations methods:
- OCSL could be undervalued based on its P/E ratio of 12.81x, relative to Credit Services industry P/E ratio of 28.26x
- OCSL may be undervalued based on its P/B ratio of 1.02x, relative to Credit Services industry P/B ratio of 4.86x
- OCSL may be undervalued based on its PEG ratio of 0.35x
You can access additional valuation analysis on OCSL's stock here.
OCSL Financial Overview
Passed Financial Due Diligence Checks:
- OCSL's operating cash flow of $339.79M allows it to safely service it's debt of $1.62B.
- OCSL profit margin has gone up from 1.1% to 28.8% in the past year.
Failed Financial Due Diligence Checks:
- OCSL has a relatively high debt to equity ratio of 1.16.
- OCSL earnings of $240.17M is not enough to cover its interest payments.
- Total OCSL debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Oaktree Specialty Lending stock, according to Wall Street analysts?
Out of 4 sell side analysts who give forecasts on OCSL, the consensus analyst rating on OCSL is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Oaktree Specialty Lending stock forecast page.
OCSL Technicals
How are OCSL Revenues/Earnings doing?
Last year, OCSL earnings were $114.69M. Over the last 5 year, OCSL's earnings have gone up by -7.17% per year. This was slower than the Credit Services industry average of 12.11%.
Last year, OCSL revenue was $398.09M. Over the past 5 year, OCSL's revenue has increased by 22.7% per year. This was faster than the Credit Services industry average of 9.58%.
Learn more about OCSL's earnings and revenue performance here.
Are OCSL insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at OCSL have bought more shares than they have sold.
Phyllis R. Caldwell, Director of OCSL, was the latest OCSL insider to buy. They bought $40,130.00 worth of OCSL stock on Feb 12, 2024.
Dig into more about who owns OCSL stock here.
Does OCSL stock generate passive income?
Oaktree Specialty Lending pays a dividend of 11.58%, compared to the Credit Services industry's average dividend yield of 4.04%. If you owned $1,000 worth of OCSL stock, you would have been paid $115.82 in the past year.
Oaktree Specialty Lending dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Oaktree Specialty Lending dividend yield and history here.
What do other traders have to say about OCSL?
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Step 5: Place your OCSL trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Press the Open button and your broker will place your order.
If you want more info about buying stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in OCSL
Now that you own some OCSL shares, you'll want to stay up-to-date on your new shares.
Add OCSL to a watchlist to get alerted to the latest events about your OCSL stock.
OCSL Feed
How to Buy Stock in Oaktree Specialty Lending
To summarize, here are the 6 steps you need to take to buy Oaktree Specialty Lending stock right now:
- Figure out where to buy Oaktree Specialty Lending stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Evaluate Oaktree Specialty Lending stock
- Place your OCSL trade
- Watch your investment in OCSL
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Oaktree Specialty Lending, add OCSL to your watchlist by clicking the button below.
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