OFS Capital Corporation Company Profile (NASDAQ:OFS)

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

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.

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.

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

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.

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)

Some companies that are related to OFS Capital Corporation include Eagle Point Credit Company (ECC), Medley Capital Corporation (MCC), Gladstone Investment Corporation (GAIN), Solar Senior Capital (SUNS), WhiteHorse Finance (WHF), Invesco Bond Fund (VBF), Fifth Street Senior Floating Rate Corp. (FSFR), Capitala Finance Corp. (CPTA), Stellus Capital Investment Corporation (SCM), Alcentra Capital Corp. (ABDC), StoneCastle Financial Corp (BANX), Horizon Technology Finance Corporation (HRZN), KCAP Financial (KCAP), American Capital Senior Floating (ACSF), GSV Capital Corp (GSVC), Harvest Capital Credit Corporation (HCAP), GLI Finance Ltd (GLIF) and Andalas Energy and Power PLC (ADL).

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

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.

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.

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.

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.

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