Media coverage about OFS Capital (NASDAQ:OFS) has trended somewhat negative this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. OFS Capital earned a coverage optimism score of -0.03 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 45.7761090616042 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
OFS has been the topic of a number of research reports. ValuEngine downgraded OFS Capital from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. Zacks Investment Research downgraded OFS Capital from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Finally, National Securities dropped their target price on OFS Capital from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Monday, November 6th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $14.67.
OFS Capital (NASDAQ OFS) opened at $12.29 on Wednesday. The firm has a market capitalization of $163.35, a PE ratio of 8.81 and a beta of 0.44. OFS Capital has a twelve month low of $11.80 and a twelve month high of $15.23. The company has a quick ratio of 18.38, a current ratio of 18.38 and a debt-to-equity ratio of 0.87.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a $0.34 dividend. The ex-dividend date is Thursday, December 14th. This represents a $1.36 dividend on an annualized basis and a yield of 11.07%. OFS Capital’s dividend payout ratio is currently 147.83%.
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About OFS Capital
OFS Capital Corporation (OFS Capital) is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to provide its shareholders with both current income and capital appreciation primarily through debt investments and equity investments. It focuses primarily on middle-market companies in the United States, including senior secured loans, including first-lien, second-lien and unitranche loans, as well as subordinated loans, and warrants and other minority equity securities.
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