Oaktree Specialty Lending (NASDAQ:OCSL) Releases Earnings Results, Beats Expectations By $0.03 EPS

Oaktree Specialty Lending (NASDAQ:OCSL) issued its quarterly earnings results on Wednesday. The credit services provider reported $0.41 EPS for the quarter, topping the consensus estimate of $0.38 by $0.03, FiscalAI reports. The company had revenue of $74.48 million for the quarter, compared to the consensus estimate of $75.72 million. Oaktree Specialty Lending had a return on equity of 10.31% and a net margin of 10.71%.During the same period in the previous year, the business posted $0.54 EPS.

Oaktree Specialty Lending Stock Performance

OCSL stock traded up $0.42 during midday trading on Wednesday, hitting $12.56. The company’s stock had a trading volume of 608,711 shares, compared to its average volume of 644,959. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 32.23 and a beta of 0.52. Oaktree Specialty Lending has a 1 year low of $11.94 and a 1 year high of $16.29. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.64. The stock’s 50-day moving average price is $12.98 and its 200 day moving average price is $13.35.

Oaktree Specialty Lending Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.60 annualized dividend and a dividend yield of 12.7%. Oaktree Specialty Lending’s payout ratio is presently 410.26%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Weiss Ratings raised shares of Oaktree Specialty Lending from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 26th. Zacks Research upgraded shares of Oaktree Specialty Lending from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 9th. Finally, Lucid Cap Mkts raised Oaktree Specialty Lending to a “hold” rating in a research note on Monday, December 15th. Seven equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $14.25.

Institutional Investors Weigh In On Oaktree Specialty Lending

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its holdings in shares of Oaktree Specialty Lending by 1,025.1% during the second quarter. Tower Research Capital LLC TRC now owns 4,163 shares of the credit services provider’s stock worth $57,000 after purchasing an additional 3,793 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of Oaktree Specialty Lending during the third quarter valued at approximately $97,000. Captrust Financial Advisors bought a new position in Oaktree Specialty Lending in the 2nd quarter valued at approximately $149,000. Brevan Howard Capital Management LP purchased a new stake in Oaktree Specialty Lending during the 2nd quarter valued at $161,000. Finally, NewEdge Advisors LLC increased its holdings in Oaktree Specialty Lending by 688.1% in the 2nd quarter. NewEdge Advisors LLC now owns 12,972 shares of the credit services provider’s stock worth $177,000 after buying an additional 11,326 shares in the last quarter. Institutional investors own 36.79% of the company’s stock.

Oaktree Specialty Lending News Roundup

Here are the key news stories impacting Oaktree Specialty Lending this week:

• Positive Sentiment: EPS topped street estimates, which supports the stock’s uptick — OCSL reported $0.41 EPS vs. the consensus $0.38, beating estimates by $0.03 and showing solid ROE and net margin metrics. Zacks: OCSL Beats Q1 Estimates
• Positive Sentiment: Analyst sentiment: at least one published note set a $14.25 target, giving investors a visible upside reference vs. current levels. Analyst Target $14.25
• Neutral Sentiment: Company release and materials are available — the Business Wire press release and the company slide deck provide detail on investment income, portfolio composition and metrics for further due diligence. Business Wire: Q1 2026 Results
• Neutral Sentiment: Quarter details: total investment income was $75.1M ($0.85/sh) vs. prior quarter $77.3M ($0.88/sh); revenue reported ~$74.5M. Slide deck and press release give more color on portfolio performance and non-accruals. Company Slides/Press Release
• Negative Sentiment: Top-line missed modestly: revenue (~$74.48M) was slightly below consensus (~$75.72M), which some outlets framed as a miss and triggered more cautious headlines. Investing.com: Q1 Revenue Miss
• Negative Sentiment: EPS down year-over-year: reported $0.41 vs. $0.54 a year ago, prompting some headlines that the company “fell short” of prior performance even though it beat the quarter’s consensus. Local Coverage: Q1 Snapshot

Oaktree Specialty Lending Company Profile

Oaktree Specialty Lending Corporation (NASDAQ: OCSL) is a closed-end, externally managed specialty finance company structured as a business development company (BDC). Launched in 2014, Oaktree Specialty Lending provides customized debt solutions to U.S. middle-market companies, with a focus on senior secured loans, second-lien financings, mezzanine debt and select equity co-investments. The company’s investment strategy centers on floating-rate instruments designed to offer downside protection and income potential in varying interest rate environments.

The firm’s portfolio spans a diverse array of industries, including healthcare, technology, energy, business services and consumer products.