OFS Capital Corp (NASDAQ:OFS) declared a quarterly dividend on Monday, November 6th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.34 per share by the investment management company on Friday, December 29th. This represents a $1.36 annualized dividend and a yield of 10.91%. The ex-dividend date is Thursday, December 14th.
OFS Capital (OFS) opened at $12.46 on Wednesday. The company has a market capitalization of $164.02, a PE ratio of 8.85 and a beta of 0.44. The company has a debt-to-equity ratio of 0.87, a current ratio of 18.38 and a quick ratio of 18.38. OFS Capital has a 1 year low of $11.80 and a 1 year high of $15.23.
OFS Capital (NASDAQ:OFS) last issued its quarterly earnings results on Friday, November 3rd. The investment management company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $9.12 million during the quarter, compared to analysts’ expectations of $8.77 million. OFS Capital had a return on equity of 9.43% and a net margin of 25.74%. equities research analysts anticipate that OFS Capital will post 1.31 EPS for the current fiscal year.
OFS has been the subject of several recent research reports. Zacks Investment Research cut OFS Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. ValuEngine cut OFS Capital from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. Finally, National Securities decreased their price target on OFS Capital from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. OFS Capital has a consensus rating of “Buy” and an average price target of $14.67.
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About OFS Capital
OFS 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.
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