Should I buy or sell OFS Credit stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OFS Credit in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OCCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OCCI, but not buy additional shares or sell existing shares. View OCCI analyst ratings or view top-rated stocks .

How have OCCI shares performed in 2023?

OFS Credit's stock was trading at $8.12 at the beginning of the year. Since then, OCCI stock has decreased by 18.8% and is now trading at $6.59. View the best growth stocks for 2023 here .

Are investors shorting OFS Credit?

OFS Credit saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 31,600 shares, an increase of 31.7% from the October 31st total of 24,000 shares. Based on an average daily volume of 159,900 shares, the short-interest ratio is presently 0.2 days. View OFS Credit's Short Interest .

When is OFS Credit's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, December 11th 2023. View our OCCI earnings forecast .

How were OFS Credit's earnings last quarter?

OFS Credit Company, Inc. (NASDAQ:OCCI) posted its quarterly earnings results on Friday, September, 8th. The company reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $7.23 million for the quarter.

How often does OFS Credit pay dividends? What is the dividend yield for OFS Credit?

OFS Credit announced a quarterly dividend on Friday, December 1st. Stockholders of record on Wednesday, January 24th will be given a dividend of $0.10 per share on Wednesday, January 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Tuesday, January 23rd. Read our dividend analysis for OCCI .

Is OFS Credit a good dividend stock?

OFS Credit (NASDAQ:OCCI) pays an annual dividend of $2.40 per share and currently has a dividend yield of 33.64%. OCCI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for OCCI .

What other stocks do shareholders of OFS Credit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OFS Credit investors own include Oxford Lane Capital (OXLC) , Eagle Point Credit (ECC) , AGNC Investment (AGNC) , FS KKR Capital (FSK) , Main Street Capital (MAIN) , New Residential Investment (NRZ) , Orchid Island Capital (ORC) , AT&T (T) , BGC Partners (BGCP) and Carlyle Secured Lending (CGBD) .

Who are OFS Credit's major shareholders?

OFS Credit's stock is owned by many different retail and institutional investors. Top institutional shareholders include Thomas J. Herzfeld Advisors Inc. (8.14%), Envestnet Asset Management Inc. (3.57%), Graypoint LLC (0.99%), LPL Financial LLC (0.66%), Atomi Financial Group Inc. (0.34%) and Arkadios Wealth Advisors (0.29%). View institutional ownership trends .

How do I buy shares of OFS Credit?

Shares of OCCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

OFS Credit Stock Price, News & Analysis (NASDAQ:OCCI)

$6.59

+0.09 (+1.38%)

(As of 12/5/2023 ET)

Compare

Today's Range: $6.45
▼
$6.63
50-Day Range: $5.74
▼
$7.28
52-Week Range: $5.47
▼
$10.50

Volume: 155,074 shs
Average Volume: 113,145 shs
Market Capitalization: $71.28 million

P/E Ratio: N/A
Dividend Yield: 36.42%
Price Target: N/A

OFS Credit MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.29% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.60
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -35.29%
From $1.36 to $0.88 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.91 out of 5 stars

Finance Sector

773rd out of 774 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for OFS Credit.

3.0

Short Interest

Percentage of Shares Shorted
0.29% of the outstanding shares of OFS Credit have been sold short.
Short Interest Ratio / Days to Cover
OFS Credit has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in OFS Credit has recently increased by 31.67%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
OFS Credit is a leading dividend payer. It pays a dividend yield of 33.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
OFS Credit does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, OFS Credit will have a dividend payout ratio of 272.73% in the coming year. This indicates that OFS Credit may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OCCI.

0.8

News and Social Media Coverage

News Sentiment
OFS Credit has a news sentiment score of -0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for OFS Credit this week, compared to 0 articles on an average week.
Search Interest
Only 7 people have searched for OCCI on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added OFS Credit to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OFS Credit insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.43% of the stock of OFS Credit is held by insiders.
Percentage Held by Institutions
Only 9.53% of the stock of OFS Credit is held by institutions.

0.0

Earnings and Valuation

Earnings Growth
Earnings for OFS Credit are expected to decrease by -35.29% in the coming year, from $1.36 to $0.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OFS Credit is -21.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of OFS Credit is -21.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About OFS Credit Stock (NASDAQ:OCCI)

OFS Credit Company, Inc. is a fund of OFS Advisor.

OCCI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OCCI Stock News Headlines

November 29, 2023 | msn.com

OFS Credit declares $0.10 dividend

November 28, 2023 | finance.yahoo.com

OFS Credit Company Declares Monthly All-Cash Common Stock Distributions for Each of the Three Months in the Quarter Ending January 31, 2024

December 5, 2023 | DTI Trader (Ad)

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November 15, 2023 | finance.yahoo.com

OFS Credit Company Provides October 2023 Net Asset Value Update

November 14, 2023 | benzinga.com

OFS Credit Co Stock (NASDAQ:OCCI), Analyst Ratings, Price Targets, Predictions

October 21, 2023 | seekingalpha.com

OCCI OFS Credit Company Inc

September 15, 2023 | finance.yahoo.com

OFS Credit Company Provides August 2023 Net Asset Value Update

September 8, 2023 | markets.businessinsider.com

OFS Credit Company Reports Profit In Q3

December 5, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

September 8, 2023 | finance.yahoo.com

OFS Credit Company Announces Financial Results for the Third Fiscal Quarter 2023

September 6, 2023 | benzinga.com

Hennessy Advisors Continues Support to Investors while Adjusting Profits, Adapting to Market Pressures

September 1, 2023 | finance.yahoo.com

OFS Credit Company Declares Common Stock Distributions

August 23, 2023 | msn.com

OFS Credit Company Inc - 6.125% PRF REDEEM 30/04/2026 USD 25 - Ser C goes ex-dividend today

July 28, 2023 | thestreet.com

OFS Credit Company Inc.

July 20, 2023 | msn.com

OFS Credit Company Inc - 6.125% PRF REDEEM 30/04/2026 USD 25 - Ser C goes ex-dividend tomorrow

July 15, 2023 | forbes.com

Best Installment Loans For Bad Credit Of 2023

July 14, 2023 | msn.com

OFS Credit Company estimates June net asset value per share of $7.64 to $7.74

July 14, 2023 | finance.yahoo.com

OFS Credit Company Provides June 2023 Net Asset Value Update

July 14, 2023 | investing.com

OFS Credit Company Inc Preferred Series E (OCCIN)

June 9, 2023 | msn.com

OFS Credit estimated net asset value continues slump in May

June 6, 2023 | finance.yahoo.com

OFS Credit Company Announces Financial Results for the Second Fiscal Quarter 2023

June 3, 2023 | finance.yahoo.com

OCCI - OFS Credit Company, Inc.

May 15, 2023 | msn.com

OFS Credit estimated NAV weakens in April

May 15, 2023 | finance.yahoo.com

OFS Credit Company Provides April 2023 Net Asset Value Update

April 17, 2023 | finance.yahoo.com

OFS Credit Company Announces Results of Stockholder Elections for the Distribution for the Fiscal Quarter Ending April 30, 2023

April 14, 2023 | msn.com

OFS Credit Company provides NAV estimates for March

April 14, 2023 | finance.yahoo.com

OFS Credit Company Provides March 2023 Net Asset Value Update

See More Headlines

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Company Calendar

Last Earnings: 9/08/2023
Today: 12/05/2023
Next Earnings (Estimated): 12/11/2023
Ex-Dividend for 12/29 Dividend: 12/21/2023
Dividend Payable: 12/29/2023
Ex-Dividend for 1/31 Dividend: 1/23/2024
Dividend Payable: 1/31/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: N/A
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:OCCI
CUSIP: N/A
CIK: 1716951
Web: www.ofscreditcompany.com
Phone: 847-734-2000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 4.80
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $-11,169,607.00
Price / Sales: -6.32
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 10,817,000
Free Float: 9,797,000
Market Cap: $70.64 million
Optionable: Not Optionable
Beta: 1.31

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Key Executives

Mr. Bilal Rashid (Age 52)
Chairman, President & CEO
Mr. Jeffrey A. Cerny J.D. (Age 60)
CFO, Treasurer & Director
Mr. Kyle Spina (Age 36)
Chief Accounting Officer
Mr. Stephen Altebrando
Investor Relations
Ms. Mukya Sue Denise Porter (Age 49)
Chief Compliance Officer
Mr. Kenneth A. Brown (Age 49)
Managing Director of OFS Advisor
Mr. Glen E. Ostrander (Age 48)
Managing Director of OFS Advisor
Mr. Tod Kevin Reichert J.D. (Age 61)
Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OCCI Stock Analysis - Frequently Asked Questions

Should I buy or sell OFS Credit stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OFS Credit in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OCCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OCCI, but not buy additional shares or sell existing shares.
View OCCI analyst ratings or view top-rated stocks.
How have OCCI shares performed in 2023?: OFS Credit's stock was trading at $8.12 at the beginning of the year. Since then, OCCI stock has decreased by 18.8% and is now trading at $6.59.
View the best growth stocks for 2023 here.
Are investors shorting OFS Credit?: OFS Credit saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 31,600 shares, an increase of 31.7% from the October 31st total of 24,000 shares. Based on an average daily volume of 159,900 shares, the short-interest ratio is presently 0.2 days.
View OFS Credit's Short Interest.
When is OFS Credit's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, December 11th 2023.
View our OCCI earnings forecast.
How were OFS Credit's earnings last quarter?: OFS Credit Company, Inc. (NASDAQ:OCCI) posted its quarterly earnings results on Friday, September, 8th. The company reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $7.23 million for the quarter.
How often does OFS Credit pay dividends? What is the dividend yield for OFS Credit?: OFS Credit announced a quarterly dividend on Friday, December 1st. Stockholders of record on Wednesday, January 24th will be given a dividend of $0.10 per share on Wednesday, January 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Tuesday, January 23rd.
Read our dividend analysis for OCCI.

Is OFS Credit a good dividend stock?: OFS Credit (NASDAQ:OCCI) pays an annual dividend of $2.40 per share and currently has a dividend yield of 33.64%. OCCI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for OCCI.
What other stocks do shareholders of OFS Credit own?: Based on aggregate information from My MarketBeat watchlists, some companies that other OFS Credit investors own include Oxford Lane Capital (OXLC), Eagle Point Credit (ECC), AGNC Investment (AGNC), FS KKR Capital (FSK), Main Street Capital (MAIN), New Residential Investment (NRZ), Orchid Island Capital (ORC), AT&T (T), BGC Partners (BGCP) and Carlyle Secured Lending (CGBD).
Who are OFS Credit's major shareholders?: OFS Credit's stock is owned by many different retail and institutional investors. Top institutional shareholders include Thomas J. Herzfeld Advisors Inc. (8.14%), Envestnet Asset Management Inc. (3.57%), Graypoint LLC (0.99%), LPL Financial LLC (0.66%), Atomi Financial Group Inc. (0.34%) and Arkadios Wealth Advisors (0.29%).
View institutional ownership trends.
How do I buy shares of OFS Credit?: Shares of OCCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:OCCI) was last updated on 12/5/2023 by MarketBeat.com Staff

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