OFS Capital Corporation Company Profile (NASDAQ:OFS)

About OFS Capital Corporation

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: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: OFS
  • CUSIP: 67103B10
Key Metrics:
  • Previous Close: $14.56
  • 50 Day Moving Average: $14.37
  • 200 Day Moving Average: $13.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.77
  • P/E Growth: 1.53
  • Market Cap: $N/A
  • Beta: 0.46
Profitability:
  • Net Margins: 47.80%
  • Return on Equity: 10.40%
  • Return on Assets: 5.02%
Debt:
  • Debt-to-Equity Ratio: 1.03%
  • Current Ratio: 11.63%
  • Quick Ratio: 11.63%
Additional Links:
Companies Related to OFS Capital Corporation:

Analyst Ratings

Consensus Ratings for OFS Capital Corporation (NASDAQ:OFS) (?)
Ratings Breakdown: 1 Sell Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $14.00 (3.85% downside)

Analysts' Ratings History for OFS Capital Corporation (NASDAQ:OFS)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016Robert W. BairdInitiated CoverageOutperform$15.00View Rating Details
11/7/2016Barclays PLCReiterated RatingSell$12.00View Rating Details
11/7/2016National SecuritiesReiterated RatingBuy$15.00View Rating Details
4/27/2016Janney Montgomery ScottUpgradeNeutral -> BuyView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for OFS Capital Corporation (NASDAQ:OFS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/9/2017        
11/4/2016Q316$0.37$0.34$7.78 millionViewN/AView Earnings Details
8/5/2016Q216$0.35$0.36$7.67 millionViewN/AView Earnings Details
5/6/2016Q116$0.37$0.38$7.90 millionViewN/AView Earnings Details
3/11/2016Q415$0.34$0.46$7.22 millionViewListenView Earnings Details
11/6/2015Q315$0.33$0.38$7.63 millionViewN/AView Earnings Details
8/7/2015Q215$0.31$0.28$7.58 millionViewN/AView Earnings Details
5/8/2015$0.30$0.29ViewN/AView Earnings Details
3/6/2015Q414$0.30$0.28ViewN/AView Earnings Details
11/7/2014Q314$0.28$0.40$5.10 millionViewN/AView Earnings Details
8/8/2014Q214$0.27$0.22$5.06 millionViewN/AView Earnings Details
5/9/2014$0.18$0.15ViewN/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: $1.39 EPS
Next Year EPS Consensus Estimate: $1.49 EPS

Dividends

Current Dividend Information for OFS Capital Corporation (NASDAQ:OFS)
Annual Dividend:$1.36
Dividend Yield:9.34%
Payout Ratio:86.08% (Based on Trailing 12 Months of Earnings)
97.84% (Based on Current Year Consensus EPS Estimate)
91.28% (Based on Next Year Consensus EPS Estimate)

Dividend History for OFS Capital Corporation (NASDAQ:OFS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for OFS Capital Corporation (NASDAQ:OFS)
Insider Ownership Percentage: 0.02%
Institutional Ownership Percentage: 23.53%
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

Latest Headlines for OFS Capital Corporation (NASDAQ:OFS)
DateHeadline
News IconU.S. E&Ps Again Tracking to Overspend, Toss Capital Discipline (NASDAQ:OFS)
www.naturalgasintel.com - February 11 at 12:56 AM
News IconOperation Food Search Launches Campaign's Public Phase (NASDAQ:OFS)
www.prlog.org - February 8 at 1:09 AM
News IconSebi seeks clarification on NSE’s Rs 10,000-cr IPO (NASDAQ:OFS)
www.india.com - February 6 at 9:24 AM
News IconGovt to sell 10 per cent stake of manganese miner MOIL at Rs 365 per share today (NASDAQ:OFS)
www.newsnation.in - January 24 at 9:03 AM
News IconMOIL stake sale at Rs 365/share tomorrow;govt to get Rs 480 cr (NASDAQ:OFS)
www.india.com - January 24 at 9:03 AM
News IconGovt eyes Rs 480 crore from MOIL stake sale (NASDAQ:OFS)
www.newindianexpress.com - January 24 at 9:03 AM
News IconSchlumberger Puts North American E&Ps on Notice: Expect More Aggressive Pricing (NASDAQ:OFS)
www.naturalgasintel.com - January 21 at 12:52 AM
News IconGovernment to divest 25 per cent stake in general insurance companies (NASDAQ:OFS)
www.newindianexpress.com - January 18 at 7:36 PM
seekingalpha.com logoTotal Returns For BDCs In 2016 - An Alternative View (NASDAQ:OFS)
seekingalpha.com - January 13 at 5:44 AM
News IconHUDCO files DRHP with SEBI (NASDAQ:OFS)
www.indiainfoline.com - January 4 at 7:48 PM
livemint.com logoHudco files draft papers with Sebi for IPO (NASDAQ:OFS)
www.livemint.com - January 4 at 4:23 AM
News IconNSE files Red Herring Prospectus; IFCI, IDBI Bank shares rise (NASDAQ:OFS)
flapship.com - December 30 at 7:21 PM
News IconCDSL files preliminary papers for IPO (NASDAQ:OFS)
m.moneycontrol.com - December 28 at 9:55 AM
News IconNSE files IPO papers with SEBI; may raise Rs 10,000 cr (NASDAQ:OFS)
www.thehindubusinessline.com - December 28 at 9:55 AM
News IconOrosil Smiths’ offer-for-sale is on (NASDAQ:OFS)
www.thehindubusinessline.com - December 22 at 7:18 PM
News IconChesapeake Energy Corporation (CHK) Exceeds $2 Billion Divestiture Target for 2016 (NASDAQ:OFS)
baddgoddess.com - December 22 at 7:18 PM
finance.yahoo.com logoCoverage initiated on OFS Capital by Robert W. Baird (NASDAQ:OFS)
finance.yahoo.com - December 20 at 1:15 PM
News IconPublishing firm S Chand files papers for IPO (NASDAQ:OFS)
www.thehindubusinessline.com - December 19 at 12:19 AM
News IconText book publisher S Chand files papers for IPO (NASDAQ:OFS)
www.newindianexpress.com - December 19 at 12:19 AM
livemint.com logoDeals buzz: ONGC Videsh raises $1 billion to finance Vankor acquisition (NASDAQ:OFS)
www.livemint.com - December 19 at 12:19 AM
News IconOperation Food Search Moves to New Headquarters (NASDAQ:OFS)
www.pr.com - December 17 at 5:47 AM
News IconNSE to file draft papers for IPO next week (NASDAQ:OFS)
www.thehindubusinessline.com - December 14 at 7:43 PM
thestreet.com logoOFS Capital About To Put More Money In Your Pocket (OFS) (NASDAQ:OFS)
www.thestreet.com - December 12 at 7:08 PM
News IconLaurus Labs public issue subscribed 4.5 times (NASDAQ:OFS)
www.thehindubusinessline.com - December 8 at 7:27 PM
News IconLaurus Labs IPO sees good demand; issue subscribed 31% on Day 2 (NASDAQ:OFS)
economictimes.indiatimes.com - December 8 at 9:33 AM
News IconShould you buy into the government’s stake sale in these 4 PSUs? (NASDAQ:OFS)
www.chillicious.com - December 8 at 9:33 AM
News IconPolaris Consulting promoter to offload 1.86% stake today (NASDAQ:OFS)
www.thehindubusinessline.com - December 7 at 6:57 PM
livemint.com logoAU Financiers finalizes investment banks to manage IPO process (NASDAQ:OFS)
www.livemint.com - December 7 at 8:45 AM
News IconSAFE Security secures new sub-debt facility (NASDAQ:OFS)
www.securitysystemsnews.com - November 11 at 9:22 AM
thestreet.com logoOFS Capital is Oversold (NASDAQ:OFS)
www.thestreet.com - November 11 at 9:22 AM
seekingalpha.com logoOFS Capital's (OFS) CEO Bilal Rashid on Q3 2016 Results - Earnings Call Transcript (NASDAQ:OFS)
seekingalpha.com - November 5 at 6:32 PM
finance.yahoo.com logoEdited Transcript of OFS earnings conference call or presentation 4-Nov-16 3:00pm GMT (NASDAQ:OFS)
finance.yahoo.com - November 5 at 8:55 AM
reuters.com logoBRIEF-OFS Capital Corp announces Q3 results (NASDAQ:OFS)
www.reuters.com - November 4 at 6:06 PM
businesswire.com logoOFS Capital Corporation Announces Third Quarter Financial Results (NASDAQ:OFS)
www.businesswire.com - November 4 at 6:06 PM
sg.finance.yahoo.com logoOFS Capital posts 3Q profit (NASDAQ:OFS)
sg.finance.yahoo.com - November 4 at 10:10 AM
biz.yahoo.com logoOFS CAPITAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:OFS)
biz.yahoo.com - November 4 at 10:10 AM
News IconMy Alarm Center secures $10m in additional funding (NASDAQ:OFS)
www.securitysystemsnews.com - October 26 at 9:57 AM
News IconMy Alarm Center secures $10 Million in funding (NASDAQ:OFS)
www.securityinfowatch.com - October 24 at 12:03 PM
finance.yahoo.com logoOFS Capital Corporation Announces Date for Its Third Quarter 2016 Earnings Release and Conference Call (NASDAQ:OFS)
finance.yahoo.com - October 24 at 12:03 PM
News IconDril-Quip Ties Up with TIW; Oceaneering Nabs Blue Ocean (NASDAQ:OFS)
www.naturalgasintel.com - October 17 at 6:28 PM
News IconMy Alarm Center Secures $10M in Funding (NASDAQ:OFS)
www.finsmes.com - October 13 at 10:10 AM
globenewswire.com logoMy Alarm Center Secures $10 Million in Additional Funding (NASDAQ:OFS)
globenewswire.com - October 10 at 11:19 AM
News IconICICI Prudential Life Insurance Company settles with about 11% discount (NASDAQ:OFS)
www.indiainfoline.com - September 29 at 6:31 PM
livemint.com logoICICI Prudential Life IPO subscribed 10.44 times on final day (NASDAQ:OFS)
www.livemint.com - September 21 at 10:40 AM
News IconICICI Prudential IPO to hit markets tomorrow: 10 things to know before subscribing (NASDAQ:OFS)
www.financialexpress.com - September 18 at 10:50 AM
livemint.com logoICICI Bank raises Rs1,635 cr selling ICICI Pru Life’s shares in pre-IPO allotment (NASDAQ:OFS)
www.livemint.com - September 16 at 6:21 PM
livemint.com logoBSE files IPO draft papers with Sebi, aims to raise Rs1,200-1,300 crore (NASDAQ:OFS)
www.livemint.com - September 9 at 11:19 AM
News IconICICI Pru Life’s mega IPO to hit market on Sept 19, price band set at Rs 300-334 (NASDAQ:OFS)
economictimes.indiatimes.com - September 9 at 11:19 AM
News IconBSE to file for IPO this week (NASDAQ:OFS)
www.rediff.com - September 7 at 10:05 AM
4-traders.com logoOfs Capital : Sellers Increased By 4.36% Their Shorts (NASDAQ:OFS)
www.4-traders.com - August 25 at 11:44 AM

Social

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 Tuesday, November 8th. Stockholders of record on Friday, December 16th will be given a dividend of $0.34 per share on Friday, December 30th. This represents a $1.36 annualized dividend and a dividend yield of 9.34%. The ex-dividend date of this dividend is Wednesday, December 14th.

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

4 equities research analysts have issued 1 year target prices for OFS Capital Corporation's stock. Their forecasts range from $12.00 to $15.00. On average, they expect OFS Capital Corporation's stock price to reach $14.00 in the next year.

When will OFS Capital Corporation announce their earnings?

OFS Capital Corporation is scheduled to release their next quarterly earnings announcement on Thursday, March, 9th 2017.

What are analysts saying about OFS Capital Corporation stock?

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

  • 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. " (1/5/2017)

  • National Securities analysts commented, "3Q16 Recap: OFS Capital Ltd. (OFS) reported 3Q16 results and posted adjusted NII/share of $0.34 versus consensus estimates and our estimate of $0.37. The miss was largely attributable to very low fee income, likely due to a quarter of very light prepayment activity. The company closed on about $20.0 million of loans during the quarter, with most of the commitments closing in September and management highlighted the fact that thus far in 4Q16 they had closed on $23.0 million of transactions. We think these factors bode well for interest income in the coming quarters and we thus expect adjusted NII/share to pick up and fee income to increase. Phoenix Brands, LLC, a previous non-accrual, was resolved and OFS was paid the full amount of principal they were owed plus accrued interest. NAV/share decreased by 0.6% Q/Q to $14.67 from unrealized depreciation although we expect it to increase by a couple cents by year-end 2016 before improving to $15.00 by year-end 2017. We are revising our 2016 adjusted NII/share estimate from $1.48 to $1.42 and our 2017 adjusted NII/share estimate from $1.63 to $1.61. Our $15 price target implies an estimated 2017 P/ NII of 9.3x, dividend yield of 9.1%, and P/NAV of 1.00x compared to the BDC sector averages of 9.2x, 10.8%, and 0.85x, respectively. " (11/7/2016)

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 (0.00%), Freestone Capital Holdings LLC (0.00%) and GSA Capital Partners LLP (0.00%).

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

OFS Capital Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Western Standard LLC and GSA Capital Partners LLP.

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.

How much does a share of OFS Capital Corporation stock cost?

One share of OFS Capital Corporation stock can currently be purchased for approximately $14.56.

OFS Capital Corporation (NASDAQ:OFS) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for OFS Capital Corporation (NASDAQ:OFS)

Earnings History Chart

Earnings by Quarter for OFS Capital Corporation (NASDAQ:OFS)

Dividend History Chart

Dividend Payments by Quarter for OFS Capital Corporation (NASDAQ:OFS)

Last Updated on 2/27/2017 by MarketBeat.com Staff