OFS Capital Corporation Company Profile (NASDAQ:OFS)

About OFS Capital Corporation (NASDAQ:OFS)

OFS Capital Corporation logoOFS 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. The Company may make investments directly or through OFS SBIC I, LP (SBIC I LP), its investment company subsidiary. It focuses on investments in loans, in which OFS Advisor's investment professionals have expertise, including investments in first-lien, unitranche, second-lien, and mezzanine loans and, to a lesser extent, on warrants and other equity securities. The Company's investment activities are managed by OFS Capital Management, LLC (OFS Advisor).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed End Funds
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NASDAQ:OFS
  • CUSIP: 67103B10
  • Web: www.ofscapital.com
Capitalization:
  • Market Cap: $187.53 million
  • Outstanding Shares: 13,328,000
Average Prices:
  • 50 Day Moving Avg: $14.17
  • 200 Day Moving Avg: $14.24
  • 52 Week Range: $12.25 - $15.23
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.44
  • P/E Growth: 1.48
Dividend:
  • Annual Dividend: $1.36
  • Dividend Yield: 9.7%
Profitability:
  • Net Margins: 52.47%
  • Return on Equity: 9.63%
  • Return on Assets: 4.60%
Debt:
  • Debt-to-Equity Ratio: 1.09%
  • Current Ratio: 13.97%
  • Quick Ratio: 13.97%
Misc:
  • Average Volume: 148,944 shs.
  • Beta: 0.46
 

Frequently Asked Questions for OFS Capital Corporation (NASDAQ:OFS)

What is OFS Capital Corporation's stock symbol?

OFS Capital Corporation trades on the NASDAQ under the ticker symbol "OFS."

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

OFS Capital Corporation declared a quarterly dividend on Monday, May 8th. Shareholders of record on Friday, June 16th will be paid a dividend of $0.34 per share on Friday, June 30th. This represents a $1.36 dividend on an annualized basis and a yield of 9.74%. The ex-dividend date is Wednesday, June 14th. View OFS Capital Corporation's Dividend History.

How were OFS Capital Corporation's earnings last quarter?

OFS Capital Corporation (NASDAQ:OFS) issued its quarterly earnings results on Friday, May, 5th. The company reported $0.37 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.37. The firm had revenue of $8.03 million for the quarter, compared to the consensus estimate of $8.20 million. OFS Capital Corporation had a net margin of 52.47% and a return on equity of 9.63%. View OFS Capital Corporation's Earnings History.

When will OFS Capital Corporation make its next earnings announcement?

OFS Capital Corporation is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for OFS Capital Corporation.

Where is OFS Capital Corporation's stock going? Where will OFS Capital Corporation's stock price be in 2017?

5 brokerages have issued 1 year price objectives for OFS Capital Corporation's stock. Their predictions range from $12.00 to $16.00. On average, they anticipate OFS Capital Corporation's share price to reach $14.75 in the next year. View Analyst Ratings for OFS Capital Corporation.

What are analysts saying about OFS Capital Corporation stock?

Here are some recent quotes from research analysts about OFS Capital Corporation stock:

  • 1. According to Zacks Investment Research, "OFS Capital Corporation is a closed-end, non-diversified management investment company. It is engaged in providing capital to North American middle market companies. Its investment objective is to provide its stockholders with both current income and capital appreciation primarily through debt investments and equity investments in asset classes including senior secured, unitranche, second-lien and mezzanine loans. " (5/11/2017)
  • 2. National Securities analysts commented, "• OFS posted NII/share of $0.37, matching both consensus and our own estimate and exceeding its dividend by $0.03/share. We expect the lag on earnings from the sizable equity offering in 2Q17 will weigh on NII/share in 2Q17 and 3Q17 but expect earnings thereafter to improve through 2018 aided by increased balance leverage and cheaper capital due to our estimate of an unsecured note issuance in 2018.
    • NAV/share increased to $14.98 from $14.82 Q/Q driving an annualized economic return of 13.5%. We model the company to post Y/Y improved economic returns in both 2017 and 2018 as a result of what we expect will be stable-to-improving NAV/share induced by sound credit quality and an over-earned dividend.
    • Credit quality remains very strong art OFS, with non-accruals totaling $7.6 million or 3.0% of the portfolio at amortized cost. Community Intervention Services remains the sole non-accrual the past several quarters.
    • We expect origination volume to pick up meaningfully in 2H17 as it usually does for OFS. We anticipate the company has the potential to grow its portfolio substantially through the remainder of 2017 and 2018 although we expect the company to exercise caution with underwriting and not put money to work too hastily.
    • We are revising our 2017 adjusted NII/share estimate to $1.43 from $1.47 from and our 2018 adjusted NII/share estimate to $1.54 from $1.57. We are maintaining our price target of $16." (5/9/2017)

Who are some of OFS Capital Corporation's key competitors?

Who are OFS Capital Corporation's key executives?

OFS Capital Corporation's management team includes the folowing people:

  • Bilal Rashid, Chairman of the Board, Chief Executive Officer
  • Jeffery A. Cerny, Chief Financial Officer, Treasurer, Corporate Secretary
  • Jeffery S Owen, Chief Accounting Officer
  • Eric P. Rubenfeld, Chief Compliance Officer
  • Linda Schofield VanDenburgh, Corporate Secretary
  • Robert J. Cresci, Lead Independent Director
  • Marc I. Abrams, Independent Director
  • Elaine E. Healy, Independent Director

Who owns OFS Capital Corporation stock?

OFS Capital Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Western Standard LLC (4.98%), Confluence Investment Management LLC (0.00%), Advisors Asset Management Inc. (4.04%), Punch & Associates Investment Management Inc. (2.16%), UBS Group AG (2.11%) and Ares Management LLC (1.86%). View Institutional Ownership Trends for OFS Capital Corporation.

Who sold OFS Capital Corporation stock? Who is selling OFS Capital Corporation stock?

OFS Capital Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC and Corsair Capital Management L.P.. View Insider Buying and Selling for OFS Capital Corporation.

Who bought OFS Capital Corporation stock? Who is buying OFS Capital Corporation stock?

OFS Capital Corporation's stock was bought by a variety of institutional investors in the last quarter, including Western Standard LLC, Muzinich & Co. Inc., Mckinley Capital Management LLC Delaware, Ares Management LLC, Confluence Investment Management LLC, Yakira Capital Management Inc., Advisors Asset Management Inc. and Morgan Stanley. View Insider Buying and Selling for OFS Capital Corporation.

How do I buy OFS Capital Corporation stock?

Shares of OFS Capital Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is OFS Capital Corporation's stock price today?

One share of OFS Capital Corporation stock can currently be purchased for approximately $13.97.


MarketBeat Community Rating for OFS Capital Corporation (NASDAQ OFS)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  94 (Vote Underperform)
Total Votes:  173
MarketBeat's community ratings are surveys of what our community members think about OFS Capital Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for OFS Capital Corporation (NASDAQ:OFS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $14.75 (5.58% upside)

Analysts' Ratings History for OFS Capital Corporation (NASDAQ:OFS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017National SecuritiesReiterated RatingBuy$16.00LowView Rating Details
3/27/2017Ladenburg Thalmann Financial ServicesUpgradeNeutral -> BuyLowView Rating Details
3/27/2017Langenberg & CompanyUpgradeHold -> Buy$16.00LowView Rating Details
12/20/2016Robert W. BairdInitiated CoverageOutperform$15.00N/AView Rating Details
11/7/2016Barclays PLCReiterated RatingSell$12.00N/AView Rating Details
4/27/2016Janney Montgomery ScottUpgradeNeutral -> BuyN/AView Rating Details
(Data available from 6/24/2015 forward)

Earnings

Earnings History for OFS Capital Corporation (NASDAQ:OFS)
Earnings by Quarter for OFS Capital Corporation (NASDAQ:OFS)
Earnings History by Quarter for OFS Capital Corporation (NASDAQ OFS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017        
5/5/2017Q1 2017$0.37$0.37$8.20 million$8.03 millionViewN/AView Earnings Details
3/15/2017Q4 2016$0.36$0.39$7.73 million$8.21 millionViewN/AView Earnings Details
11/4/2016Q316$0.37$0.34$7.80 million$7.36 millionViewN/AView Earnings Details
8/5/2016Q216$0.35$0.36$8.05 million$7.68 millionViewN/AView Earnings Details
5/6/2016Q116$0.37$0.38$7.79 million$7.84 millionViewN/AView Earnings Details
3/11/2016Q415$0.34$0.46$7.41 million$8.87 millionViewListenView Earnings Details
11/6/2015Q315$0.33$0.38$7.89 million$7.69 millionViewN/AView Earnings Details
8/7/2015Q215$0.31$0.28$7.86 million$8.08 millionViewN/AView Earnings Details
5/8/2015$0.30$0.29$7.81 million$7.62 millionViewN/AView Earnings Details
3/6/2015Q414$0.30$0.28$4.34 million$6.95 millionViewN/AView Earnings Details
11/7/2014Q314$0.28$0.40$4.75 million$6.20 millionViewN/AView Earnings Details
8/8/2014Q214$0.27$0.22$5.02 million$4.66 millionViewN/AView Earnings Details
5/9/2014$0.18$0.15$5.20 million$5.01 millionViewN/AView Earnings Details
3/17/2014$0.15$0.14ViewN/AView Earnings Details
11/8/2013$0.19$0.15ViewN/AView Earnings Details
8/7/2013Q213$0.19$0.15$3.85 millionViewN/AView Earnings Details
5/8/2013Q113$0.27$0.15$4.67 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for OFS Capital Corporation (NASDAQ:OFS)
Current Year EPS Consensus Estimate: $1.35 EPS
Next Year EPS Consensus Estimate: $1.48 EPS

Dividends

Current Dividend Information for OFS Capital Corporation (NASDAQ:OFS)
Next Dividend:6/30/2017
Annual Dividend:$1.36
Dividend Yield:9.74%
Payout Ratio:80.00% (Trailing 12 Months of Earnings)
100.74% (Based on This Year's Estimates)
91.89% (Based on Next Year's Estimates)
Dividend Payments by Quarter for OFS Capital Corporation (NASDAQ:OFS)

Dividend History by Quarter for OFS Capital Corporation (NASDAQ OFS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2017quarterly$0.349.55%6/14/20176/16/20176/30/2017
3/15/2017quarterly$0.349.1%3/15/20173/17/20173/31/2017
11/8/2016quarterly$0.3410.87%12/14/201612/16/201612/30/2016
8/8/2016quarterly$0.3410.04%9/14/20169/16/20169/30/2016
5/10/2016quarterly$0.3410.23%6/14/20166/16/20166/30/2016
3/11/2016quarterly$0.3411.1%3/15/20163/17/20163/31/2016
11/10/2015quarterly$0.3412.4%12/15/201512/17/201512/31/2015
8/11/2015quarterly$0.3412.07%9/14/20159/16/20159/30/2015
5/11/2015quarterly$0.3411.1%6/12/20156/16/20156/30/2015
3/6/2015quarterly$0.3411.02%3/13/20153/17/20153/31/2015
11/7/2014quarterly$0.3411.63%12/15/201412/17/201412/31/2014
8/8/2014quarterly$0.3410.79%9/12/20149/16/20149/30/2014
5/12/2014quarterly$0.3410.97%6/12/20146/16/20146/30/2014
1/21/2014quarterly$0.3410.26%1/29/20141/31/20142/14/2014
9/25/2013quarterly$0.3410.85%10/15/201310/17/201310/31/2013
6/25/2013quarterly$0.3411.74%7/15/20137/17/20137/31/2013
3/26/2013quarterly$0.349.58%4/15/20134/17/20134/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for OFS Capital Corporation (NASDAQ:OFS)
Insider Ownership Percentage: 0.02%
Institutional Ownership Percentage: 26.21%
Insider Trades by Quarter for OFS Capital Corporation (NASDAQ:OFS)
Institutional Ownership by Quarter for OFS Capital Corporation (NASDAQ:OFS)
Insider Trades by Quarter for OFS Capital Corporation (NASDAQ:OFS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2015Eric P. Rubenfeldmajor shareholderSell1,000$11.02$11,020.00View SEC Filing  
8/27/2014Glenn R PittsonDirectorBuy22,965$12.75$292,803.75View SEC Filing  
6/4/2014Glenn R PittsonCEOBuy12,100$12.75$154,275.00View SEC Filing  
5/23/2014Glenn R PittsonCEOBuy2,700$12.58$33,966.00View SEC Filing  
5/21/2014Glenn PittsonCEOBuy26,266$12.66$332,527.56View SEC Filing  
12/13/2013Glenn PittsonCEOBuy7,000$12.40$86,800.00View SEC Filing  
12/12/2013Eric RubenfeldInsiderBuy1,000$12.46$12,460.00View SEC Filing  
12/11/2013Glenn PittsonCEOBuy17,500$12.50$218,750.00View SEC Filing  
12/10/2013Marc AbramsDirectorBuy2,000$12.50$25,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for OFS Capital Corporation (NASDAQ:OFS)
Latest Headlines for OFS Capital Corporation (NASDAQ:OFS)
Source:
DateHeadline
americanbankingnews.com logoOFS Capital Corporation (OFS) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 12 at 10:12 AM
americanbankingnews.com logoZacks: Brokerages Anticipate OFS Capital Corp (OFS) Will Post Quarterly Sales of $8.53 Million
www.americanbankingnews.com - June 9 at 1:50 PM
seekingalpha.com logoOFS Capital: An Attractive BDC
seekingalpha.com - June 8 at 9:37 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Expected to Announce Earnings of $0.30 Per Share
www.americanbankingnews.com - June 7 at 12:20 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 16 at 11:08 AM
americanbankingnews.com logo Analysts Expect OFS Capital Corp (OFS) Will Announce Quarterly Sales of $8.53 Million
www.americanbankingnews.com - May 13 at 8:00 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 11 at 8:00 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Given Buy Rating at National Securities
www.americanbankingnews.com - May 9 at 8:12 AM
americanbankingnews.com logoOFS Capital Corp Plans Quarterly Dividend of $0.34 (OFS)
www.americanbankingnews.com - May 8 at 6:20 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Releases Earnings Results, Hits Expectations
www.americanbankingnews.com - May 8 at 3:18 PM
seekingalpha.com logoOFS Capital's (OFS) CEO Bilal Rashid on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 7 at 9:04 AM
finance.yahoo.com logoEdited Transcript of OFS earnings conference call or presentation 5-May-17 1:00pm GMT
finance.yahoo.com - May 6 at 12:17 AM
reuters.com logoBRIEF-OFS Capital Corp reports Q1 adjusted net investment income per share $0.37
www.reuters.com - May 5 at 8:59 AM
finance.yahoo.com logoInvestor Network: OFS Capital Corp. to Host Earnings Call
finance.yahoo.com - May 5 at 8:59 AM
finance.yahoo.com logoOFS Capital Corporation Announces First Quarter Financial Results
finance.yahoo.com - May 5 at 8:59 AM
finance.yahoo.com logoOFS Capital posts 1Q profit
finance.yahoo.com - May 5 at 8:59 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Getting Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - May 3 at 11:20 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Set to Announce Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 9:58 AM
finance.yahoo.com logoOFS Capital Corporation Announces Date for Its First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - May 1 at 12:07 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Given Daily News Sentiment Rating of 0.69
www.americanbankingnews.com - April 30 at 9:26 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Getting Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 27 at 11:50 PM
americanbankingnews.com logoSomewhat Positive News Coverage Likely to Impact OFS Capital Corp (OFS) Share Price
www.americanbankingnews.com - April 24 at 9:28 PM
americanbankingnews.com logo Analysts Expect OFS Capital Corp (OFS) Will Post Quarterly Sales of $8.2 Million
www.americanbankingnews.com - April 22 at 7:49 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Receiving Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 21 at 9:52 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 21 at 12:24 PM
americanbankingnews.com logoZacks: Analysts Anticipate OFS Capital Corp (OFS) Will Announce Earnings of $0.37 Per Share
www.americanbankingnews.com - April 20 at 10:21 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Getting Favorable Press Coverage, Report Shows
www.americanbankingnews.com - April 18 at 11:54 AM
seekingalpha.com logo50 Top-Yield Financial-Services Dogs Dominated By Asset-Management Firms In April
seekingalpha.com - April 15 at 5:51 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Getting Very Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 13 at 8:20 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 4 at 1:37 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Stock Rating Reaffirmed by National Securities
www.americanbankingnews.com - April 3 at 11:30 AM
streetinsider.com logoPre-Open Stock Movers
www.streetinsider.com - March 30 at 7:16 PM
nasdaq.com logoOFS Capital Prices Common Stock Offering at $14.57; Shares Fall 5.6%
www.nasdaq.com - March 30 at 7:16 PM
us.rd.yahoo.com logo9:04 am OFS Capital prices 3.5 mln common stock offering at $14.57/share
us.rd.yahoo.com - March 30 at 7:16 PM
reuters.com logoBRIEF-OFS Capital Corp commences offering of 3,500,000 shares of common stock
www.reuters.com - March 29 at 7:43 PM
streetinsider.com logoAfter-Hours Stock Movers 03/29: (EXTR) (PRGS) (COP) Higher; (LULU) (TNXP) (CVE) Lower (more...)
www.streetinsider.com - March 29 at 7:43 PM
finance.yahoo.com logoOFS Capital Corporation Commences Offering of 3,500,000 Shares of Common Stock
finance.yahoo.com - March 29 at 7:43 PM
finance.yahoo.com logo4:25 pm OFS Capital commences an underwritten offering of 3,500,000 shares of its common stock
finance.yahoo.com - March 29 at 7:43 PM
us.rd.yahoo.com logoOFS Capital upgraded by Ladenburg Thalmann
us.rd.yahoo.com - March 27 at 6:28 PM
americanbankingnews.com logoLangenberg & Company Upgrades OFS Capital Corp (OFS) to Buy
www.americanbankingnews.com - March 27 at 5:45 PM
forbes.com logoCould Schlumberger-Weatherford Joint Venture Lead To All-Out Merger?
www.forbes.com - March 27 at 9:58 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Upgraded at Ladenburg Thalmann Financial Services
www.americanbankingnews.com - March 27 at 9:26 AM
finance.yahoo.com logoOFS CAPITAL CORP Financials
finance.yahoo.com - March 21 at 6:52 PM
americanbankingnews.com logoNational Securities Raises OFS Capital Corp (OFS) Price Target to $16.00
www.americanbankingnews.com - March 20 at 7:54 PM
americanbankingnews.com logoOFS Capital Corp (OFS) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - March 18 at 8:46 AM
americanbankingnews.com logoOFS Capital Corp (OFS) Issues Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - March 16 at 10:43 AM
finance.yahoo.com logoEdited Transcript of OFS earnings conference call or presentation 15-Mar-17 2:00pm GMT
finance.yahoo.com - March 16 at 12:13 AM
seekingalpha.com logoOFS Capital's (OFS) CEO Bilal Rashid on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 15 at 7:09 PM
reuters.com logoBRIEF-OFS Capital Q4 net investment income $0.39 per share
www.reuters.com - March 15 at 7:09 PM
biz.yahoo.com logoQ4 2016 OFS Capital Corp Earnings Release - Before Market Open
us.rd.yahoo.com - March 15 at 9:40 AM

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Chart

OFS Capital Corporation (OFS) Chart for Saturday, June, 24, 2017

This page was last updated on 6/24/2017 by MarketBeat.com Staff