NASDAQ:OFS - OFS Capital Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding OFS Capital Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.73 +0.13 (+1.12 %) (As of 02/17/2020 07:38 AM ET) Add Compare Today's Range$11.60Now: $11.73▼$11.7350-Day Range$10.99MA: $11.35▼$11.7352-Week Range$10.77Now: $11.73▼$12.81Volume18,254 shsAverage Volume29,047 shsMarket Capitalization$156.83 millionP/E Ratio33.52Dividend Yield11.59%Beta0.61 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Investors, not elsewhere classified Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:OFS Previous Symbol CUSIP67103B10 CIK1487918 Webhttp://www.ofscapital.com/ Phone847-734-2000Debt Debt-to-Equity Ratio1.44 Current Ratio0.13 Quick Ratio0.13Price-To-Earnings Trailing P/E Ratio33.52 Forward P/E Ratio8.15 P/E GrowthN/A Sales & Book Value Annual Sales$42.83 million Price / Sales3.66 Cash Flow$1.28 per share Price / Cash Flow9.17 Book Value$13.11 per share Price / Book0.89Profitability EPS (Most Recent Fiscal Year)$1.38 Net Income$9.57 million Net Margins9.20% Return on Equity11.47% Return on Assets4.13%Miscellaneous Employees46 Outstanding Shares13,370,000Market Cap$156.83 million Next Earnings Date3/13/2020 (Estimated) OptionableNot Optionable Receive OFS News and Ratings via Email Sign-up to receive the latest news and ratings for OFS and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:OFS Rates by TradingView OFS Capital (NASDAQ:OFS) Frequently Asked Questions What is OFS Capital's stock symbol? OFS Capital trades on the NASDAQ under the ticker symbol "OFS." How often does OFS Capital pay dividends? What is the dividend yield for OFS Capital? OFS Capital announced a quarterly dividend on Friday, November 8th. Shareholders of record on Tuesday, December 24th will be paid a dividend of $0.34 per share on Tuesday, December 31st. This represents a $1.36 annualized dividend and a yield of 11.59%. The ex-dividend date of this dividend is Monday, December 23rd. View OFS Capital's Dividend History. How were OFS Capital's earnings last quarter? OFS Capital Corp (NASDAQ:OFS) announced its quarterly earnings data on Friday, November, 8th. The investment management company reported $0.36 EPS for the quarter, meeting analysts' consensus estimates of $0.36. The investment management company had revenue of $13.86 million for the quarter, compared to analyst estimates of $13.10 million. OFS Capital had a net margin of 9.20% and a return on equity of 11.47%. View OFS Capital's Earnings History. When is OFS Capital's next earnings date? OFS Capital is scheduled to release their next quarterly earnings announcement on Friday, March 13th 2020. View Earnings Estimates for OFS Capital. What price target have analysts set for OFS? 2 equities research analysts have issued 1-year price targets for OFS Capital's shares. Their forecasts range from $12.00 to $15.00. On average, they expect OFS Capital's share price to reach $13.50 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for OFS Capital. What is the consensus analysts' recommendation for OFS Capital? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OFS Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for OFS Capital. What are Wall Street analysts saying about OFS Capital stock? Here are some recent quotes from research analysts about OFS Capital 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. " (11/14/2019) 2. National Securities analysts commented, "▪ For 1Q19 OFS earned NII/share of $0.36, two cents above our estimate and the quarterly dividend of $0.34/share. The company had $63.6mm of originations versus repayments of $6.0mm and sales of $16.3mm, driving the portfolio at cost to increase to $439.0mm from $413.3mm Q/Q. ▪ OFS increased its Pacwest facility size to $100mm from $50mm, reduced the borrowing cost by 50 bps, and amended the facility to allow for the reduced asset coverage of 150% afforded to the company. OFS is still seeking to enter into another credit facility which would enable it to make loans to larger borrowers that we think will come with lower pricing and more favorable advance rates relative to the Pacwest facility. We think this bodes well for both portfolio growth and the Sharpe ratio. ▪ NAV/share decreased on the quarter to $13.04 from $13.10 in 4Q18. As a reminder, in 4Q18 NAV declined from $13.75 due to mark-to-market from wider credit spreads. We expected a significant recovery in NAV from a rebounding loan market, however, idiosyncratic negative marks outweighed tighter spreads and NAV decreased. Although there were no further non-accruals for OFS, special mention loans increased to 13.7% of the book from 8.1% Q/Q. While we would really start to be concerned if there were any loans placed in the substandard or doubtful buckets, we will certainly keep an eye on this metric going forward. If this becomes a trend it’s something that could potentially make us reconsider our NAV/share and NII/share estimates as we may factor in future non-accruals into our model. ▪ We are maintaining our 2019 NII/share estimate of $1.55 and revising our 2020 NII/share estimate to $1.66 from $1.68. We are maintaining our BUY rating and $15 price target." (5/6/2019) Has OFS Capital been receiving favorable news coverage? News stories about OFS stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. OFS Capital earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave media stories about the investment management company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for OFS Capital. Who are some of OFS Capital's key competitors? Some companies that are related to OFS Capital include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS). What other stocks do shareholders of OFS Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other OFS Capital investors own include Energy Transfer LP Unit (ET), NGL Energy Partners (NGL), Cornerstone Strategic Value Fund (CLM), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), THL Credit (TCRD), Arlington Asset Investment (AI), ANNALY CAP MGMT/SH (NLY), SunCoke Energy Partners (SXCP) and CBL & Associates Properties (CBL). Who are OFS Capital's key executives? OFS Capital's management team includes the folowing people: Mr. Bilal Rashid, Chairman & CEO (Age 48)Mr. Jeffrey A. Cerny J.D., CFO & Board Director (Age 56)Mr. Jeffery S. Owen, Chief Accounting Officer (Age 55)Mr. Stephen Altebrando, VP of Investor RelationsMs. Mukya S. Porter, Chief Compliance Officer (Age 45) Who are OFS Capital's major shareholders? OFS Capital's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (3.76%), Advisors Asset Management Inc. (2.03%), Virtus ETF Advisers LLC (1.37%), UBS Group AG (1.31%), Janney Montgomery Scott LLC (0.50%) and Sigma Planning Corp (0.18%). View Institutional Ownership Trends for OFS Capital. Which major investors are selling OFS Capital stock? OFS stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Advisors Asset Management Inc., UBS Group AG, Janney Montgomery Scott LLC, LSV Asset Management and Concorde Asset Management LLC. View Insider Buying and Selling for OFS Capital. Which major investors are buying OFS Capital stock? OFS stock was bought by a variety of institutional investors in the last quarter, including Kavar Capital Partners LLC, Russell Investments Group Ltd., Virtus ETF Advisers LLC, Tower Research Capital LLC TRC and Sigma Planning Corp. View Insider Buying and Selling for OFS Capital. How do I buy shares of OFS Capital? Shares of OFS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is OFS Capital's stock price today? One share of OFS stock can currently be purchased for approximately $11.73. How big of a company is OFS Capital? OFS Capital has a market capitalization of $156.83 million and generates $42.83 million in revenue each year. The investment management company earns $9.57 million in net income (profit) each year or $1.38 on an earnings per share basis. OFS Capital employs 46 workers across the globe.View Additional Information About OFS Capital. What is OFS Capital's official website? The official website for OFS Capital is http://www.ofscapital.com/. How can I contact OFS Capital? OFS Capital's mailing address is 10 SOUTH WACKER DRIVE SUITE 2500, CHICAGO IL, 60606. The investment management company can be reached via phone at 847-734-2000 or via email at [email protected] MarketBeat Community Rating for OFS Capital (NASDAQ OFS)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 212 (Vote Outperform)Underperform Votes: 242 (Vote Underperform)Total Votes: 454MarketBeat's community ratings are surveys of what our community members think about OFS Capital and other stocks. Vote "Outperform" if you believe OFS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OFS will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/17/2020 by MarketBeat.com StaffFeatured Article: Why does a company issue an IPO?
