OFS Capital (OFS) to Release Quarterly Earnings on Thursday

OFS Capital (NASDAQ:OFS) is scheduled to announce its earnings results after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of $0.29 per share for the quarter.

OFS Capital (NASDAQ:OFS) last released its quarterly earnings results on Thursday, May 2nd. The investment management company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.07. OFS Capital had a negative net margin of 23.41% and a positive return on equity of 12.72%. The firm had revenue of $14.23 million for the quarter, compared to analysts’ expectations of $13.10 million. 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 Trading Down 2.2 %

Shares of NASDAQ:OFS opened at $8.55 on Thursday. OFS Capital has a 12-month low of $8.42 and a 12-month high of $12.44. The business has a 50 day moving average of $9.31 and a 200-day moving average of $10.13. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.53. The stock has a market cap of $114.57 million, a PE ratio of -8.64 and a beta of 1.77.

OFS Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Tuesday, June 18th were paid a $0.34 dividend. The ex-dividend date was Tuesday, June 18th. This represents a $1.36 dividend on an annualized basis and a yield of 15.91%. OFS Capital’s dividend payout ratio (DPR) is -137.37%.

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.