Ofs Capital Stock Price, News & Analysis

OFS Capital Corporation (NASDAQ: OFS) announced a 4th quarter distribution increase to $0.30 per share, a 3.4% rise from the previous quarter. The company reported net investment income of $4.4 million or $0.33 per share, up from $3.3 million or $0.24 per share in the prior quarter. Despite this, the company faced a net loss on investments of $1.04 per share, mainly due to unrealized losses. The investment portfolio's weighted-average performing income yield improved to 11.6%.

OFS Capital Corporation (NASDAQ: OFS) announced it will report its third quarter 2022 earnings on November 4, 2022, before market opens. A conference call to discuss the results will be held at 10:00 a.m. Eastern Time, hosted by CEO Bilal Rashid and CFO Jeffrey Cerny. Interested listeners can access the call via the company’s website or through dedicated phone lines. The replay will be available until November 14, 2022. OFS Capital focuses on providing income and capital appreciation through investments in middle-market companies.

OFS Capital Corporation (NASDAQ: OFS) announced a distribution of $0.29 per common share for Q3 2022, payable on September 30, 2022. For the quarter ended June 30, 2022, net investment income was $6.2 million ($0.47 per share), while adjusted net investment income was $3.3 million ($0.24 per share). The company reported a net loss on investments of $1.12 per share, with net asset value decreasing to $14.57 from $15.52 in Q1 2022. Approximately 98% of its loan portfolio is senior secured, and 93% consists of floating rate loans.

OFS Capital Corporation (NASDAQ: OFS) will report its second quarter 2022 earnings on August 5, 2022, before market opening. A conference call to discuss the results is scheduled for 10:00 a.m. Eastern Time on the same day, hosted by Bilal Rashid and Jeffrey Cerny.

Interested listeners can register online or join via phone. Replay of the call will be available until August 15, 2022. OFS Capital focuses on providing income and capital appreciation through debt and equity investments in middle-market companies.

OFS Capital Corporation (NASDAQ: OFS) reported a 3.6% increase in its quarterly distribution to $0.29 per share for Q2 2022. The company's net investment income was $3.0 million ($0.22 per share), and adjusted net investment income was $4.1 million ($0.30 per share). The net asset value per share rose to $15.52, up from $15.18 in the previous quarter. Despite a decrease in total investment income to $10.9 million, net gains on investments totaled $5.5 million. As of March 31, 2022, 93% of the loan portfolio consisted of floating rate loans.

OFS Capital Corporation (NASDAQ: OFS) is set to report its first quarter 2022 earnings results before the market opens on May 6, 2022. A conference call will follow at 10:00 a.m. Eastern Time, hosted by CEO Bilal Rashid and CFO Jeffrey Cerny. Investors can access the call online or via phone. OFS Capital focuses on providing income and capital appreciation primarily through debt investments in middle-market companies, targeting investments between $3 million and $20 million.

OFS Capital Corporation (NASDAQ: OFS) announced a quarterly distribution increase to $0.28 per share, a 12% rise from the previous quarter. The fiscal quarter ending December 31, 2021, showed a net investment income of $0.33 per share, up from $0.24 in the prior quarter, driven by higher dividend and fee income. Earnings per share for the quarter was $1.27, compared to $0.98 previously. The net asset value rose to $15.18 per share, a 28% increase year-over-year, indicating solid portfolio performance.

OFS Capital Corporation (NASDAQ: OFS) will announce its fourth quarter and full year 2021 earnings results before the stock market opens on March 4, 2022. A conference call to discuss these financial results is set for 11:00 a.m. Eastern Time on the same day, hosted by CEO Bilal Rashid and CFO Jeffrey Cerny. Investors can access the call via phone or the internet, with a replay available for 90 days after the event. OFS Capital primarily invests in privately held middle-market companies, providing both current income and capital appreciation through various debt and equity investments.

OFS Capital Corporation (NASDAQ: OFS) reported its financial results for Q3 2021, highlighting a net investment income of $3.2 million, or $0.24 per share. Adjusted net investment income was $3.3 million, or $0.25 per share. The net asset value per share rose 5.5% to $14.16. The portfolio recorded net gains of $10.2 million, and the quarterly distribution was increased by 4%. Notably, 95% of the loan portfolio consists of senior secured loans. The company also announced a public offering of $55 million in unsecured notes due 2028.