OFS Capital (OFS) to Release Quarterly Earnings on Thursday

OFS Capital (NASDAQ:OFS - Get Free Report) will 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. Individual that wish to listen to the company's earnings conference call can do so using this link.

OFS Capital (NASDAQ:OFS - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The investment management company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.03). The company had revenue of $11.17 million during the quarter, compared to analyst estimates of $11.78 million. OFS Capital had a negative net margin of 1.92% and a positive return on equity of 12.04%. During the same quarter last year, the company earned $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 Down 1.1 %

OFS traded down $0.09 during trading on Friday, hitting $8.15. The company had a trading volume of 30,916 shares, compared to its average volume of 52,399. The company has a market capitalization of $109.21 million, a PE ratio of -117.70 and a beta of 1.78. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.45. OFS Capital has a one year low of $7.75 and a one year high of $12.41. The firm's 50-day moving average price is $8.26 and its 200 day moving average price is $8.88.

OFS Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 16.69%. The ex-dividend date was Friday, September 20th. OFS Capital's dividend payout ratio (DPR) is currently -1,942.58%.

About OFS Capital

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.