Should I buy or sell OFS Credit stock right now?

1 Wall Street 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 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 2024?

OFS Credit's stock was trading at $6.46 at the beginning of 2024. Since then, OCCI stock has increased by 8.8% and is now trading at $7.03. View the best growth stocks for 2024 here .

Are investors shorting OFS Credit?

OFS Credit saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 137,900 shares, an increase of 445.1% from the March 15th total of 25,300 shares. Based on an average daily volume of 87,100 shares, the short-interest ratio is currently 1.6 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 Tuesday, June 4th 2024. 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, March, 8th. The company reported $0.45 earnings per share for the quarter. The firm had revenue of $8.44 million for the quarter.

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

OFS Credit announced a monthly dividend on Thursday, February 1st. Shareholders of record on Friday, April 19th will be paid a dividend of $0.10 per share on Tuesday, April 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 17.07%. The ex-dividend date of this dividend is Thursday, April 18th. Read our dividend analysis for OCCI .

Is OFS Credit a good dividend stock?

OFS Credit (NASDAQ:OCCI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 16.69%. 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 a number of institutional and retail investors. Top institutional investors include International Assets Investment Management LLC (0.25%) and True North Advisors LLC (0.10%). Insiders that own company stock include Eagle Point Credit Management and Kathleen Griggs. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:OCCI

OFS Credit (OCCI) Stock Price, News & Analysis

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Free OCCI Stock Alerts

$7.03

-0.06 (-0.85%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.00
▼
$7.11
50-Day Range: $6.71
▼
$7.30
52-Week Range: $5.47
▼
$10.15

Volume: 128,372 shs
Average Volume: 118,927 shs
Market Capitalization: $76.06 million

P/E Ratio: N/A
Dividend Yield: 17.07%
Price Target: N/A

Get OFS Credit alerts:

OFS Credit MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.27% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.42
Based on 5 Articles This Week
Insider Trading: Selling Shares
$2.53 M Sold Last Quarter
Proj. Earnings Growth: -5.26%
From $1.14 to $1.08 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.54 out of 5 stars

Finance Sector

791st out of 822 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
1.27% 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 1.6, 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 445.06%, 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 16.69%, 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 111.11% 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.

2.5

News and Social Media Coverage

News Sentiment
OFS Credit has a news sentiment score of 0.42. 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 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for OFS Credit this week, compared to 0 articles on an average week.
Search Interest
14 people have searched for OCCI on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added OFS Credit to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OFS Credit insiders have sold 29,602.70% more of their company's stock than they have bought. Specifically, they have bought $8,520.00 in company stock and sold $2,530,670.00 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 23.77% 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 -5.26% in the coming year, from $1.14 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OFS Credit is -14.06, 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 -14.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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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

April 16, 2024 | investing.com

OFS Credit Company reports NAV per share estimate

April 15, 2024 | msn.com

OFS Credit estimates March net asset value to be between $7.42 - $7.52

April 18, 2024 | Crypto 101 Media (Ad)

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April 15, 2024 | businesswire.com

OFS Credit Company Provides March 2024 Net Asset Value Update

April 1, 2024 | seekingalpha.com

OCCI: Income Chasing, Now With A 16% Yield

March 16, 2024 | investing.com

OFS Credit Company Inc (OCCI)

March 15, 2024 | businesswire.com

OFS Credit Company Provides February 2024 Net Asset Value Update

March 8, 2024 | businesswire.com

OFS Credit Company Announces Financial Results for the First Fiscal Quarter 2024

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 4, 2024 | benzinga.com

Forging Ahead: Hennessy Advisors Managing Performance Challenges with Strategic Dividend Changes

February 19, 2024 | benzinga.com

OFS Credit Co Stock (NASDAQ:OCCI) Dividends: History, Yield and Dates

February 15, 2024 | businesswire.com

OFS Credit Company Provides January 2024 Net Asset Value Update

February 7, 2024 | msn.com

OFS Credit Company Inc - 5.25% PRF PERPETUAL USD 25 - Ser E declares $0.1094 dividend

February 3, 2024 | finance.yahoo.com

OFS Credit Company, Inc. (OCCI)

January 12, 2024 | msn.com

OFS Credit sees December net asset value per share between $7.61 and $7.71.

January 12, 2024 | finance.yahoo.com

OFS Credit Company Provides December 2023 Net Asset Value Update

December 20, 2023 | msn.com

OFS Credit Company Inc - 5.25% PRF PERPETUAL USD 25 - Ser E goes ex dividend tomorrow

December 15, 2023 | finance.yahoo.com

OFS Credit Company Provides November 2023 Net Asset Value Update

December 11, 2023 | markets.businessinsider.com

OFS Credit Company Q4 Net Investment Income Climbs

December 11, 2023 | finance.yahoo.com

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

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

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

See More Headlines

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Company Calendar

Last Earnings: 3/08/2024
Ex-Dividend for 3/29 Dividend: 3/18/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Ex-Dividend for 4/30 Dividend: 4/18/2024
Dividend Payable: 4/30/2024
Next Earnings (Estimated): 6/04/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: N/A
Sub-Industry: N/A
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: 6.17
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: $30.70 million
Price / Sales: 2.48
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: $76.06 million
Optionable: Not Optionable
Beta: 1.31

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Key Executives

Mr. Bilal Rashid (Age 53)
Chairman, President & CEO
Mr. Jeffrey A. Cerny J.D. (Age 61)
CFO, Treasurer & Director
Mr. Kyle Spina (Age 36)
Chief Accounting Officer
Mr. Stephen Altebrando
Investor Relations
Ms. Mukya Sue Denise Porter (Age 50)
Chief Compliance Officer
Mr. Kenneth A. Brown (Age 50)
Managing Director of OFS Advisor
Mr. Glen E. Ostrander (Age 49)
Managing Director of OFS Advisor
Mr. Richard S. Ressler (Age 66)
Chairman of the Structured Credit Investment Committee
Mr. Tod Kevin Reichert J.D. (Age 62)
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 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 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 2024?: OFS Credit's stock was trading at $6.46 at the beginning of 2024. Since then, OCCI stock has increased by 8.8% and is now trading at $7.03.
View the best growth stocks for 2024 here.
Are investors shorting OFS Credit?: OFS Credit saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 137,900 shares, an increase of 445.1% from the March 15th total of 25,300 shares. Based on an average daily volume of 87,100 shares, the short-interest ratio is currently 1.6 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 Tuesday, June 4th 2024.
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, March, 8th. The company reported $0.45 earnings per share for the quarter. The firm had revenue of $8.44 million for the quarter.
How often does OFS Credit pay dividends? What is the dividend yield for OFS Credit?: OFS Credit announced a monthly dividend on Thursday, February 1st. Shareholders of record on Friday, April 19th will be paid a dividend of $0.10 per share on Tuesday, April 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 17.07%. The ex-dividend date of this dividend is Thursday, April 18th.
Read our dividend analysis for OCCI.

Is OFS Credit a good dividend stock?: OFS Credit (NASDAQ:OCCI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 16.69%. 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 a number of institutional and retail investors. Top institutional investors include International Assets Investment Management LLC (0.25%) and True North Advisors LLC (0.10%). Insiders that own company stock include Eagle Point Credit Management and Kathleen Griggs.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OCCI) was last updated on 4/18/2024 by MarketBeat.com Staff

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