OFS Capital (OFS) Scheduled to Post Quarterly Earnings on Thursday

OFS Capital (NASDAQ:OFS) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.25 per share for the quarter.

OFS Capital (NASDAQ:OFS) last posted its earnings results on Thursday, August 1st. The investment management company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). OFS Capital had a positive return on equity of 12.04% and a negative net margin of 1.92%. The firm had revenue of $11.17 million for the quarter, compared to analysts’ expectations of $11.78 million. During the same quarter last year, the company posted $0.38 EPS. On average, analysts expect OFS Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OFS Capital Stock Up 1.4 %

OFS stock opened at $8.24 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.04 and a current ratio of 0.04. The business’s 50 day moving average price is $8.26 and its two-hundred day moving average price is $8.88. OFS Capital has a fifty-two week low of $7.75 and a fifty-two week high of $12.41. The company has a market capitalization of $110.42 million, a price-to-earnings ratio of -117.70 and a beta of 1.78.

OFS Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 20th were given a $0.34 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 16.50%. OFS Capital’s dividend payout ratio is currently -1,942.58%.

OFS Capital Company Profile

OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.