OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $20 million, revenues between $10 million and $200 million, Annual EBITDA more than $3 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority stake in the investments made. It also co-invests with its partners for additional capital.
IPO Year:
Exchange: NASDAQ
Website: ofscapital.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2021 | $11.50 | Neutral → Buy | Ladenburg Thalmann |
| 7/1/2021 | $10.00 | Perform | Oppenheimer |
Ladenburg Thalmann upgraded OFS Capital from Neutral to Buy and set a new price target of $11.50
Oppenheimer initiated coverage of OFS Capital with a rating of Perform and set a new price target of $10.00
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Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2024. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.27 per common share for the quarter ended September 30, 2024 from $0.26 per common share for the quarter ended June 30, 2024. Net loss on investments was $0.15 per common share for the quarter ended September 30, 2024. See additional information under "Results of Operations" below. Net asset value per common share decreased to $11.29 as of September 30, 2024 from $11.51 as of June 3
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its third quarter 2024 earnings results after the close of the stock market on Thursday, October 31, 2024. A conference call is scheduled for Friday, November 1, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the cal
Declares Third Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended June 30, 2024. SECOND QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended June 30, 2024 from $0.42 per common share for the quarter ended March 31, 2024. Net gain on investments of $0.51 per common share for the quarter ended June 30, 2024, primarily comprised of net unrealized appreciation of $0.83 per common share, partially offset by net realized losses of $0.32 per common share. Net asset value per common shar
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its second quarter 2024 earnings results after the close of the stock market on Thursday, August 1, 2024. A conference call is scheduled for Friday, August 2, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the
Declares Second Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended March 31, 2024. FIRST QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.42 per common share for the quarter ended March 31, 2024 from $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $1.09 per common share for the quarter ended March 31, 2024, primarily comprised of net unrealized depreciation of $1.15 per common share. Net asset value ("NAV") per common share decreased from $12.09 as of December 31, 2023 to $1
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its first quarter 2024 earnings results after the close of the stock market on Thursday, May 2, 2024. A conference call is scheduled for Friday, May 3, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the call t
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," "we," "us," or "our") today announced its financial results for the fiscal quarter and year ended December 31, 2023. FOURTH QUARTER FINANCIAL HIGHLIGHTS Net investment income of $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $0.66 per common share for the quarter ended December 31, 2023, primarily comprised of net unrealized depreciation of $0.58 per common share. No new non-accrual loans during the fourth quarter. Net asset value ("NAV") per common share decreased from $12.74 at September 30, 2023 to $12.09 at December 31, 2023. As of December 31, 2023, based on fair value, 92% of
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its fourth quarter and full year 2023 earnings results prior to the opening of the stock market on Tuesday, March 5, 2024. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time
Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2023. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.40 per common share for the quarter ended September 30, 2023 from $0.38 per common share for the quarter ended June 30, 2023. Net loss on investments of $0.25 per common share for the quarter ended September 30, 2023, primarily comprised of net unrealized depreciation. Net asset value ("NAV") per common share of $12.74, as of September 30, 2023. As of September 30, 2023, bas
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its third quarter 2023 earnings results after the closing of the stock market on Thursday, November 2, 2023. A conference call is scheduled for Friday, November 3, 2023 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of
Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2024. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.27 per common share for the quarter ended September 30, 2024 from $0.26 per common share for the quarter ended June 30, 2024. Net loss on investments was $0.15 per common share for the quarter ended September 30, 2024. See additional information under "Results of Operations" below. Net asset value per common share decreased to $11.29 as of September 30, 2024 from $11.51 as of June 3
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its third quarter 2024 earnings results after the close of the stock market on Thursday, October 31, 2024. A conference call is scheduled for Friday, November 1, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the cal
Declares Third Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended June 30, 2024. SECOND QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended June 30, 2024 from $0.42 per common share for the quarter ended March 31, 2024. Net gain on investments of $0.51 per common share for the quarter ended June 30, 2024, primarily comprised of net unrealized appreciation of $0.83 per common share, partially offset by net realized losses of $0.32 per common share. Net asset value per common shar
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its second quarter 2024 earnings results after the close of the stock market on Thursday, August 1, 2024. A conference call is scheduled for Friday, August 2, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the
Declares Second Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended March 31, 2024. FIRST QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.42 per common share for the quarter ended March 31, 2024 from $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $1.09 per common share for the quarter ended March 31, 2024, primarily comprised of net unrealized depreciation of $1.15 per common share. Net asset value ("NAV") per common share decreased from $12.09 as of December 31, 2023 to $1
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its first quarter 2024 earnings results after the close of the stock market on Thursday, May 2, 2024. A conference call is scheduled for Friday, May 3, 2024 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of the call t
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," "we," "us," or "our") today announced its financial results for the fiscal quarter and year ended December 31, 2023. FOURTH QUARTER FINANCIAL HIGHLIGHTS Net investment income of $0.35 per common share for the quarter ended December 31, 2023. Net loss on investments of $0.66 per common share for the quarter ended December 31, 2023, primarily comprised of net unrealized depreciation of $0.58 per common share. No new non-accrual loans during the fourth quarter. Net asset value ("NAV") per common share decreased from $12.74 at September 30, 2023 to $12.09 at December 31, 2023. As of December 31, 2023, based on fair value, 92% of
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its fourth quarter and full year 2023 earnings results prior to the opening of the stock market on Tuesday, March 5, 2024. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time
Declares Fourth Quarter Distribution of $0.34 Per Share OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital," the "Company," "we," "us," or "our") today announced its financial results for the fiscal quarter ended September 30, 2023. THIRD QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.40 per common share for the quarter ended September 30, 2023 from $0.38 per common share for the quarter ended June 30, 2023. Net loss on investments of $0.25 per common share for the quarter ended September 30, 2023, primarily comprised of net unrealized depreciation. Net asset value ("NAV") per common share of $12.74, as of September 30, 2023. As of September 30, 2023, bas
OFS Capital Corporation (NASDAQ:OFS) ("OFS Capital"), a business development company, announced today that it will report its third quarter 2023 earnings results after the closing of the stock market on Thursday, November 2, 2023. A conference call is scheduled for Friday, November 3, 2023 at 10:00 a.m. Eastern Time to discuss OFS Capital's financial results and business. Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer. Interested parties can listen to the call via the following: INTERNET: Go to www.ofscapital.com and select the "For Investors" tab at least 15 minutes prior to the start time of
OFS Capital (NASDAQ:OFS) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.35 by 20 percent. This is a 13.51 percent increase over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $14.233 million which beat the analyst consensus estimate of $13.248 million by 7.44 percent. This is a 0.35 percent decrease over sales of $14.283 million the same period last year.
OFS Capital (NASDAQ:OFS) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.39 by 10.26 percent. This is unchanged from the same period last year. The company reported quarterly sales of $13.48 million which missed the analyst consensus estimate of $14.20 million by 5.05 percent. This is a 3.68 percent decrease over sales of $14.00 million the same period last year.
OFS Capital (NASDAQ:OFS) is set to give its latest quarterly earnings report on Tuesday, 2024-03-05. Here's what investors need to know before the announcement. Analysts estimate that OFS Capital will report an earnings per share (EPS) of $0.39. OFS Capital bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.02, which was followed by a 0.5% increase in the share price
OFS Capital (NASDAQ:OFS) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.38 by 5.26 percent. This is a 21.21 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $14.65 million which missed the analyst consensus estimate of $14.68 million by 0.20 percent. This is a 9.60 percent increase over sales of $13.37 million the same period last year.
Companies Reporting Before The Bell • AudioCodes (NASDAQ:AUDC) is estimated to report quarterly earnings at $0.18 per share on revenue of $61.52 million. • Chunghwa Telecom (NYSE:CHT) is likely to report earnings for its third quarter. • Verona Pharma (NASDAQ:VRNA) is estimated to report earnings for its third quarter. • ChipMOS TECHNOLOGIES (NASDAQ:IMOS) is expected to report earnings for its third quarter. • Shell (NYSE:SHEL) is estimated to report quarterly earnings at $1.87 per share on revenue of $82.96 billion. • Novo Nordisk (NYSE:NVO) is likely to report quarterly earnings at $0.71 per share on revenue of $7.91 billion. • ING Groep (NYSE:ING) is estimated to report earnings fo
OFS Capital (NASDAQ:OFS) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.35 by 8.57 percent. This is a 58.33 percent increase over earnings of $0.24 per share from the same period last year. The company reported quarterly sales of $14.53 million which beat the analyst consensus estimate of $14.20 million by 2.30 percent. This is a 39.24 percent increase over sales of $10.43 million the same period last year.
Companies Reporting Before The Bell • Cedar Fair (NYSE:FUN) is likely to report quarterly earnings at $1.10 per share on revenue of $512.74 million. • Pharming (NASDAQ:PHAR) is estimated to report earnings for its second quarter. • Coca-Cola Europacific (NASDAQ:CCEP) is projected to report earnings for its first quarter. • Smith & Nephew (NYSE:SNN) is estimated to report earnings for its first quarter. • ChipMOS TECHNOLOGIES (NASDAQ:IMOS) is projected to report earnings for its second quarter. • ING Groep (NYSE:ING) is likely to report quarterly earnings at $0.55 per share on revenue of $6.19 billion. • Verona Pharma (NASDAQ:VRNA) is likely to report earnings for its second quarter.
Wednesday marks the last chance for investors to receive the next dividend payout from OFS Capital (NASDAQ:OFS). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 33 cents per share. On Thursday, OFS Capital will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 33 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own OFS as of the end of Wednesday's session are eligible to receive the 33 cents dividend p
OFS Capital (NASDAQ:OFS) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:30 PM. Here's what investors need to know about the announcement. Earnings OFS Capital beat estimated earnings by 2.78%, reporting an EPS of $0.37 versus an estimate of $0.36. Revenue was up $3.34 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.0 which was followed by a 5.06% increase in the share price the next day. Here's a look at OFS Capital's past performance: Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022 EPS Estimate 0.35 0.22 0.30 0.29 EPS Actual 0.35 0.33 0.24 0.30 Revenue Estimate 13.79M 12.33M 11.68M 11.96M Revenue Actual 14.