NASDAQ:OCCI

OFS Credit (OCCI) Stock Forecast, Price & News

$7.28

+0.26 (+3.70%)

(As of 09/28/2023 ET)

Compare

Today's Range: $7.02
▼
$7.28
50-Day Range: $6.43
▼
$8.37
52-Week Range: $6.25
▼
$10.50

Volume: 91,241 shs
Average Volume: 223,556 shs
Market Capitalization: $78.77 million

P/E Ratio: N/A
Dividend Yield: 30.22%
Price Target: N/A

OFS Credit MarketRank™ Forecast

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: 0.45
Based on 2 Articles This Week
Insider Trading: Selling Shares
$5,630 Sold Last Quarter
Proj. Earnings Growth: -17.16%
From $1.34 to $1.11 Per Share

Overall MarketRank^™

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

1.42 out of 5 stars

Finance Sector

832nd out of 862 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 39.01%, 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 31.34%, 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 198.20% 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.

3.0

News and Social Media Coverage

News Sentiment
OFS Credit has a news sentiment score of 0.45. 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 0.68 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for OFS Credit this week, compared to 0 articles on an average week.
Search Interest
17 people have searched for OCCI on MarketBeat in the last 30 days. This is an increase of 143% compared to the previous 30 days.
MarketBeat Follows
10 people have added OFS Credit to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OFS Credit insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,630.00 in 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 -17.16% in the coming year, from $1.34 to $1.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OFS Credit is -24.27, 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 -24.27, 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 (NASDAQ:OCCI) Stock

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

OCCI Price History

30 days | 90 days | 365 days | Advanced Chart

OCCI Stock News Headlines

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

September 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

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.

September 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

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

March 16, 2023 | finance.yahoo.com

OFS Credit Company Provides February 2023 Net Asset Value Update

March 10, 2023 | finance.yahoo.com

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

March 8, 2023 | msn.com

OFS Credit Co: Dividend Insights

January 26, 2023 | finance.yahoo.com

OFS Credit Company, Inc. (OCCI) Upgraded to Strong Buy: Here's Why

January 24, 2023 | seekingalpha.com

OFS Credit Company Compared To Two CLO CEF Peers: OXLC And ECC

See More Headlines

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OCCI Company Calendar

Last Earnings: 12/14/2021
Ex-Dividend for 7/31 Dividend: 6/13/2023
Dividend Payable: 7/31/2023
Ex-Dividend for 10/31 Dividend: 9/14/2023
Today: 9/29/2023
Dividend Payable: 10/31/2023
Fiscal Year End: 10/31/2023
Next Earnings (Estimated): 12/11/2023

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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: 5.43
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: $26.22 million
Price / Sales: 3.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 10,820,000
Free Float: 9,797,000
Market Cap: $78.77 million
Optionable: Not Optionable
Beta: 1.32

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Key Executives

Mr. Bilal Rashid (Age 52)
Chairman, Pres & 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)
Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OCCI Stock - Frequently Asked Questions

How have OCCI shares performed in 2023?: OFS Credit's stock was trading at $8.12 at the start of the year. Since then, OCCI stock has decreased by 10.3% and is now trading at $7.28.
View the best growth stocks for 2023 here.
Are investors shorting OFS Credit?: OFS Credit saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 31,000 shares, an increase of 39.0% from the August 31st total of 22,300 shares. Based on an average daily volume of 167,100 shares, the days-to-cover 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 data on Tuesday, December, 14th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.06. The business earned $5.67 million during the quarter.
How often does OFS Credit pay dividends? What is the dividend yield for OFS Credit?: OFS Credit declared a quarterly dividend on Friday, September 1st. Investors of record on Friday, September 15th will be paid a dividend of $0.55 per share on Tuesday, October 31st. This represents a $2.20 annualized dividend and a yield of 30.22%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for OCCI.
Is OFS Credit a good dividend stock?: OFS Credit (NASDAQ:OCCI) pays an annual dividend of $2.20 per share and currently has a dividend yield of 32.16%. 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).
What is OFS Credit's stock symbol?: OFS Credit trades on the NASDAQ under the ticker symbol "OCCI."
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.
What is OFS Credit's stock price today?: One share of OCCI stock can currently be purchased for approximately $7.28.
How much money does OFS Credit make?: OFS Credit (NASDAQ:OCCI) has a market capitalization of $78.77 million and generates $26.22 million in revenue each year.
How can I contact OFS Credit?: The official website for the company is www.ofscreditcompany.com. The company can be reached via phone at 847-734-2000.

This page (NASDAQ:OCCI) was last updated on 9/29/2023 by MarketBeat.com Staff

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