Somewhat Positive Media Coverage Somewhat Unlikely to Affect OFS Capital (OFS) Share Price
Headlines about OFS Capital (NASDAQ:OFS) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. OFS Capital earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 46.2040291859084 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of OFS Capital (NASDAQ:OFS) opened at $12.06 on Friday. OFS Capital has a 12 month low of $11.80 and a 12 month high of $15.23. The company has a quick ratio of 18.38, a current ratio of 18.38 and a debt-to-equity ratio of 0.87. The firm has a market cap of $162.15, a PE ratio of 13.11 and a beta of 0.43.
OFS Capital (NASDAQ:OFS) last issued its quarterly earnings data on Friday, November 3rd. The investment management company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. OFS Capital had a net margin of 25.74% and a return on equity of 9.43%. The business had revenue of $9.12 million during the quarter, compared to analysts’ expectations of $8.77 million. equities analysts expect that OFS Capital will post 1.31 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 11.28%. The ex-dividend date of this dividend was Thursday, December 14th. OFS Capital’s dividend payout ratio (DPR) is 147.83%.
Several analysts recently commented on OFS shares. ValuEngine downgraded shares of OFS Capital from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. Zacks Investment Research cut shares of OFS Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Finally, National Securities dropped their price objective on shares of 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 investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. OFS Capital presently has a consensus rating of “Buy” and an average price target of $14.67.
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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