OFS Capital (OFS) Earning Somewhat Favorable News Coverage, Analysis Shows

Headlines about OFS Capital (NASDAQ:OFS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. OFS Capital earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 44.7561546512774 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

OFS Capital (OFS) opened at $12.15 on Monday. OFS Capital has a twelve month low of $11.80 and a twelve month high of $15.23. The firm has a market cap of $162.02, a PE ratio of 8.74 and a beta of 0.44. The company has a current ratio of 18.38, a quick ratio of 18.38 and a debt-to-equity ratio of 0.87.

OFS Capital (NASDAQ:OFS) last released its quarterly earnings results on Friday, November 3rd. The investment management company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. OFS Capital had a net margin of 25.74% and a return on equity of 9.43%. The business had revenue of $9.12 million for the quarter, compared to analysts’ expectations of $8.77 million. analysts predict that OFS Capital will post 1.31 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 11.19%. The ex-dividend date is Thursday, December 14th. OFS Capital’s payout ratio is 147.83%.

Several research firms have weighed in on OFS. Zacks Investment Research raised shares of OFS Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, October 11th. National Securities decreased their price target on shares of OFS Capital from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, November 6th. Finally, ValuEngine raised shares of OFS Capital from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $14.67.

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OFS Capital Company Profile

OFS Capital Corporation (OFS Capital) is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to provide its shareholders with both current income and capital appreciation primarily through debt investments and equity investments. It focuses primarily on middle-market companies in the United States, including senior secured loans, including first-lien, second-lien and unitranche loans, as well as subordinated loans, and warrants and other minority equity securities.

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