Oaktree Capital Invests In Alternative Markets
The yield from that $3.34 annual dividend would be 7.3% at yesterday's $45.85 price.
Gains For OAK?
Adding the $3.34 estimated annual dividend to the $2.55 year-over-year possible pice gain projects a $5.89 total possible upside for the coming year. But there will be a brokerage cost to subtract.
A$1,000.00 invested at yesterday's $45.85 price would have bought 22 shares.
Those 22 shares will be hit with a broker fee of $5 at purchase and another $5 at sale for a per share brokerage cost of $0.45 per share
Subtracting that $0.45 brokerage cost from the estimated $5.89 gross gain leaves a net gain to 2019 of $5.44 X 22 shares = $119.68 or almost a 12% net gain on a $1,008.70 investment.
Therefore, Oaktree Capital Group, LLC (whose ticker symbol is OAK), shows a possible 12% net gain for the coming year to February 2019.
Ten analysts cover this stock and two say it will outperform and eight say it's a hold. Their consensus price target into 2019 is $50.33 or $1.93 higher than my year-over-year estimate of $48.40.
These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen. They could turn out to prove to be far lower. More study is required for you to determine if Oaktree Capital Group, LLC (OAK) is worth your time and money.
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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