Oaktree Specialty Lending Corporation (OCSL) Stock Price & Analysis
Oaktree Specialty Lending Corporation (OCSL) is trading at USD 11.39, down 0.52% today, as of October 23, 2026 at 15:42 UTC (US market open; quotes may be delayed), according to Nexqual market data.
OCSL last closed at USD 11.39; today's session has ranged USD 11.29–11.4 on volume of 99,749 shares. Market capitalization is —, with a 52-week range of USD 10.63–14.31 (NMS). Source: Nexqual, retrieved October 23, 2026 at 15:44 UTC.
Also available as compact Markdown for AI agents: nexqual.com/OCSL.md
Key facts (OCSL)
- 1 of 80 tracked superinvestors hold OCSL (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $22K; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y -8.3% vs S&P 500 +14.7%; 5Y -6.8% vs S&P 500 +77.4%.
- Next earnings: 2026-11-17, EPS estimate USD 0.34, revenue estimate $69.8M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (OCSL)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Net income | $237M | $29.2M | $117M | $57.9M | $33.9M | $42.2M |
| EPS (diluted) | $4.39 | $0.48 | $1.63 | $0.72 | $0.39 | — |
| Cash + short-term investments | $29.3M | $23.5M | $136M | $64.0M | $79.6M | — |
| Total debt | — | $1.30B | $1.60B | $1.64B | $1.49B | — |
Fiscal years end Sep. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (OCSL)
P/E at fiscal year-ends: Sep 2025 33.1x, Sep 2024 22.7x, Sep 2023 12.4x.
Superinvestors (SEC 13F-HR, Q2 2026) (OCSL)
1 of 80 tracked investors hold OCSL. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Howard Marks | Oaktree Capital | 2.49% | $94.0M | Added +325.0% |
Insider purchases (SEC Form 4, open-market, last ~7 months) (OCSL)
1 purchase, $22K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-12 | Panossian Armen | See Remarks | 1,700 | $22K | 12.69 | Too little history (no open-market trades in 2023 or 2024) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Total return (dividends reinvested) (OCSL)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -8.3% | -6.8% |
| S&P 500 (SPY) | +14.7% | +77.4% |
| Per year | -8.3% | -1.4% |
| Volatility (annualized) | 22.9% | 20.6% |
| Max drawdown | -19.5% (Oct 2025→Mar 2026) | -34.2% (Jan 2024→Mar 2026) |
OCSL suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | KEMPER Corp (KMPR) | “These included debt investments in 124 companies, equity investments in 35 companies and our investments in Senior Loan Fund JV I, LLC, or SLF JV I, a joint venture through which we and Trinity Universal Insurance Company, a subsidiary of Kemper Corporation, or Kemper, co-invest in senior secured loans of middle-market companies and other corporate debt securities, and OCSI Glick JV LLC, or the Glick JV, a joint v…” |
| Partner | SLF JV I | “In May 2014, we entered into an LLC agreement with Kemper to form SLF JV I.” |
Quoted from the company's 10-K filed Nov 18, 2025.
OCSL company outlook (results filed Aug 5, 2026)
- “The Company has based the forward-looking statements included in this press release on information available to it on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements.”
Quoted word-for-word from the SEC 8-K results press release.
OCSL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.34 | $0.34 | -2.0% | $69.8M | 6 |
| Next quarter (ends Dec 2026) | $0.34 | $0.35 | -4.2% | $70.9M | 6 |
| Current fiscal year (ends Sep 2026) | $1.50 | $1.50 | +0.2% | $284.4M | 6 |
| Next fiscal year (ends Sep 2027) | $1.36 | $1.41 | -3.6% | $284.9M | 6 |
OCSL options: expected move
Options price a move of about ±8.8% (±$1.01) by Nov 20, 2026, which includes earnings on Nov 17, 2026. Over the last 8 reports the stock moved ±2.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 20.5% | ±8.8% |
| Feb 19, 2027 | 119 | 29.6% | ±17.3% |
| May 21, 2027 | 210 | 16.8% | ±14.6% |
30-day implied volatility 24.4% vs 20.2% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 15:44 UTC)
| Price | USD 11.39 |
|---|---|
| Change | ▼ 0.52% (down) |
| Previous Close | USD 11.39 |
| Open | USD 11.39 |
| Day Range | USD 11.29 – 11.4 |
| 52-Week Range | USD 10.63 – 14.31 |
| Volume | 99,749 shares |
| Market Cap | — |
| Exchange | NMS |
Technical Analysis (OCSL)
Nexqual's technical model rates OCSL "STRONG SELL" based on 0 bullish and 5 bearish signals across 128 daily candles, as of October 23, 2026 at 15:44 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 36.8 (neutral) |
| vs SMA50 | Below (USD 12.34) |
| MACD | -0.26 (negative) |
Earnings (OCSL)
| Next Earnings Date | 2026-11-17 |
|---|---|
| EPS Estimate | USD 0.34 |
| Revenue Estimate | $69.82M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.37 vs est 0.36 ▲ beat |
| 2026-03-31 | USD 0.38 vs est 0.37 ▲ beat |
| 2025-12-31 | USD 0.41 vs est 0.38 ▲ beat |
| 2025-09-30 | USD 0.4 vs est 0.39 ▲ beat |
Source: Nexqual, October 23, 2026 at 15:44 UTC.
Financials & Fundamentals (OCSL)
| Total Revenue | $292.23M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -7.80% |
| Gross Margin | +100.00% |
| Operating Margin | +81.60% |
| Profit Margin | +14.45% |
| ROE | +2.95% |
| Debt / Equity | 1.05 |
| Current Ratio | 3.03 |
| Total Cash | $39.92M |
| Total Debt | $1.45B |
Source: Nexqual, October 23, 2026 at 15:44 UTC.
Ownership (OCSL)
| Insider Ownership | +0.30% |
|---|---|
| Institutional Ownership | +49.91% |
| Shares Outstanding | 88.09M |
| Short % of Float | +3.34% |
Source: Nexqual, October 23, 2026 at 15:44 UTC.
From Oaktree Specialty Lending Corporation's Latest SEC 10-K Filing (filed 2025-11-18)
Key Strengths & Strategy (as disclosed to the SEC)
- We intend to deploy capital across credit and economic cycles with a focus on long-term results, which we believe will enable us to build lasting partnerships with financial sponsors and management teams, and we may seek to opportunistically take advantage of dislocations in the financial markets and other situations that may benefit from our Adviser's credit and structuring expertise.
- We deploy capital across credit and economic cycles with a focus on long-term results, which we believe will enable us to build lasting partnerships with financial sponsors and management teams, and we may seek to opportunistically take advantage of dislocations in the financial markets and other situations that may benefit from our Adviser's deep credit and structuring expertise.
- Although this may lead us to underperform in bullish markets, we expect that prudence across the economic cycle and limiting losses will allow us to achieve our investment objectives.
- Certain factors may also drive opportunities for us in the public market and will allow us to leverage broader credit platform and decades of credit investing experience of Oaktree and its affiliates.
Partnerships
- The investment advisory agreement with Oaktree was most recently amended and restated on November 14, 2025 to reflect the Incentive Fee Cap (as defined below).
- However, as a Business Development Company, subject to certain limited exceptions, we are currently only allowed to borrow amounts in accordance with the asset coverage requirements in the Investment Company Act.
Legal & Regulatory Risks (Item 1A, quoted)
- Regulations governing our operation as a Business Development Company and RIC affect our ability to raise, and the way in which we raise, additional capital or borrow for investment purposes, which may have a negative effect on our growth.
- Changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy.
- We and our portfolio companies will be subject to regulations related to privacy, data protection and information securities, and any failure to comply with these requirements could result in fines, sanctions or other penalties, which could have a material adverse effect on our business and our reputation.
- The Notes are obligations exclusively of Oaktree Specialty Lending Corporation and not of any of our subsidiaries. None of our subsidiaries is a guarantor of the Notes and the Notes are not required to be guaranteed by any subsidiaries we may acquire or create in the future. The assets of such subsidiaries are not directly available to satisfy the claims of our creditors, including holders of the Notes.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BXSL | Blackstone Secured Lending Fund | USD 23.7 | ▼ 0.9% |
| VCTR | Victory Capital Holdings, Inc. | USD 106.49 | ▼ 0.84% |
| PDI | PIMCO Dynamic Income Fund | USD 14.31 | ▲ 0.03% |
| AMG | Affiliated Managers Group, Inc. | USD 388.84 | ▼ 1.69% |
| SEIC | SEI Investments Company | USD 103.48 | ▼ 0.98% |
| IVZ | Invesco Ltd | USD 28.46 | ▼ 1.15% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 15:44 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt