Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI Summary - About
Oaktree Specialty Lending Corp(OCSL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for OCSL
10/01/2026: OCSL (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Oaktree Specialty Lending Corp is a business development company focused on providing credit solutions to middle-market firms. Its main strength lies in the backing of Oaktree Capital Management, which offers deep credit-underwriting expertise. The investment story centers on the company’s ability to generate steady income while maintaining a focus on capital preservation through a portfolio transition toward senior secured loans. Key risks include exposure to broader macroeconomic cycles, competitive pressures on interest margins, and the inherent volatility of middle-market credit. The stock is best suited for income-focused investors who monitor the firm's net asset value and quarterly net investment income performance.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | As a BDC, the primary objective is income generation rather than aggressive capital appreciation. |
| Momentum investor | Mixed fit | Momentum is often dictated by interest rate environments and broader credit market sentiment. |
| Value investor | Strong fit | The company is often evaluated based on its price relative to Net Asset Value (NAV). |
| Dividend investor | Strong fit | OCSL is designed to distribute consistent dividend income to shareholders. |
| Low-risk investor | Mixed fit | While secured lending is safer, the nature of middle-market credit still carries inherent default and leverage risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | BDC share prices can fluctuate based on interest rate sentiment and perceived credit risk. |
| Valuation risk | Medium | Portfolio assets are marked to fair value, which involves subjective assessment and potential adjustments. |
| Competition risk (private credit competition) | High | Intense competition for high-quality middle-market loans can compress interest margins. |
| Business quality | Medium | The business relies on the manager's ability to maintain high-quality credit underwriting standards. |
| Dividend income | Medium | Dividends depend on net investment income, which is sensitive to portfolio credit performance. |
| Execution risk | Medium | Effective management of leverage and asset-liability matching is essential for stability. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -31.93% | Avg. Invested days 29 | Today’s Advisory WEAK BUY |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/01/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.05B USD | Price to earnings Ratio 25.32 | 1Y Target Price 12.5 |
Price to earnings Ratio 25.32 | 1Y Target Price 12.5 | ||
Volume (30-day avg) 455.9K shares | Beta 0.57 | 52 Weeks Range 10.06 - 12.98 | Updated Date 10/01/2026 |
52 Weeks Range 10.06 - 12.98 | Updated Date 10/01/2026 | ||
Dividends yield (FY) 12.40% | Basic EPS (TTM) 0.47 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Interest Income | Interest collected from senior and junior secured loans provided to middle-market companies. | The company acts as a lender, earning the difference between the interest it receives from borrowers and the interest it pays on its own debt. |
| Fee Income | Management and structuring fees earned from originating and monitoring credit investments. | OCSL earns administrative and origination fees, which provide a secondary stream of income. |
Valuation
Trailing PE 25.32 | Forward PE 8.94 | Enterprise Value 2.45B | Price to Sales(TTM) 3.59 |
Enterprise Value 2.45B | Price to Sales(TTM) 3.59 | ||
Enterprise Value to Revenue 46.89 | Enterprise Value to EBITDA - | Shares Outstanding 88.09M | Shares Floating - |
Shares Outstanding 88.09M | Shares Floating - | ||
Percent Insiders 0.3 | Percent Institutions 50.62 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Oaktree Specialty Lending Corp
Exchange NASDAQ | Headquarters Los Angeles, CA, United States | ||
IPO Launch date 2008-06-12 | CEO & Co-Chief Investment Officer Mr. Armen Panossian J.D. | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Oaktree Specialty Lending Corporation is a business development company. The fund 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. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering. The firm also seeks investment in media, advertising sectors, software, IT services, pharmaceuticals, biotechnology, real estate management and development, chemicals, machinery, and internet and direct marketing retail sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies. The firm invest in companies having enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.