OFS Capital (OFS) to Release Earnings on Thursday

Posted by Caroline Horne on Apr 25th, 2024

OFS Capital (NASDAQ:OFS – Get Free Report) will be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.35 per share for the quarter.

OFS Capital (NASDAQ:OFS – Get Free Report) last announced its quarterly earnings data on Tuesday, March 5th. The investment management company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.04). The firm had revenue of $13.48 million during the quarter, compared to analyst estimates of $14.53 million. OFS Capital had a negative net margin of 0.82% and a positive return on equity of 11.76%. During the same quarter last year, the company earned $0.35 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 Price Performance

Shares of OFS Capital stock traded down $0.04 during trading on Thursday, hitting $9.59. The stock had a trading volume of 5,500 shares, compared to its average volume of 42,623. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market cap of $128.51 million, a P/E ratio of -240.00 and a beta of 1.75. The business has a fifty day moving average of $10.36 and a two-hundred day moving average of $10.80. OFS Capital has a fifty-two week low of $9.10 and a fifty-two week high of $12.44.

OFS Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Monday, March 18th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 14.18%. The ex-dividend date was Friday, March 15th. OFS Capital’s payout ratio is -3,400.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised OFS Capital from a “sell” rating to a “hold” rating in a research report on Thursday, March 14th.

Get Our Latest Stock Analysis on OFS Capital

OFS Capital Company Profile

(Get Free Report)

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.