OFS Capital (OFS) Earns Coverage Optimism Rating of 0.10

News articles about OFS Capital (NASDAQ:OFS) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. OFS Capital earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 47.6328612353308 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

OFS Capital traded up $0.02, hitting $10.97, during trading on Friday, according to MarketBeat.com. The stock had a trading volume of 42,921 shares, compared to its average volume of 43,030. The company has a debt-to-equity ratio of 1.03, a current ratio of 11.79 and a quick ratio of 11.79. The company has a market cap of $146.44 million, a P/E ratio of 8.57 and a beta of 0.42. OFS Capital has a one year low of $10.41 and a one year high of $14.35.

OFS Capital (NASDAQ:OFS) last announced its quarterly earnings data on Friday, May 4th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.01). The firm had revenue of $9.00 million during the quarter, compared to the consensus estimate of $8.73 million. OFS Capital had a return on equity of 8.71% and a net margin of 19.01%. equities research analysts expect that OFS Capital will post 1.26 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 22nd will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 12.40%. The ex-dividend date is Thursday, June 21st. OFS Capital’s payout ratio is currently 106.25%.

OFS has been the subject of a number of analyst reports. National Securities reaffirmed a “buy” rating and issued a $15.00 price target on shares of OFS Capital in a report on Tuesday, March 13th. ValuEngine downgraded shares of OFS Capital from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Finally, Zacks Investment Research downgraded shares of OFS Capital from a “hold” rating to a “sell” rating in a research note on Friday, March 16th.

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.

Insider Buying and Selling by Quarter for OFS Capital (NASDAQ:OFS)

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