OFS Capital (OFS) News & Sentiment

Due to the uncertainty caused by Trump's tariffs and the significant fluctuations in the market, small-cap financial services stocks like MFIN, OFS, and FNWD could be good investment options.

OFS Credit Company Inc offers a high dividend yield of 19.5%, making it attractive for income-focused investors despite a modest 0.6% price decline. The fund's NAV is deteriorating due to net realized losses in its CLO equity investments, raising concerns about long-term sustainability. Elevated interest rates pose risks, and the outlook for rate cuts has become less favorable, impacting OCCI's future performance.

OFS Capital's elevated non-accrual rate and insufficient net investment income fail to support its high dividend yield, indicating potential for a dividend cut. Despite a temporary NAV increase, driven by unrealized appreciation, OFS's earnings potential remains weak, with no clear turnaround indicators. The portfolio's heavy concentration in manufacturing and healthcare sectors, coupled with minimal high-growth industry exposure, raises concerns about its defensive nature.

OFS Capital (OFS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

OFS Capital (NASDAQ:OFS ) Q4 2024 Results Conference Call March 4, 2025 10:00 AM ET Company Participants Steve Altebrando - Investor Relations Bilal Rashid - Chairman and Chief Executive Officer Jeff Cerny - Chief Financial Officer and Treasurer Operator Good day, and welcome to the OFS Capital Corporation Q4 2024 Earnings Conference Call. [Operator Instructions] Please note today's event is being recorded.

CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter ended December 31, 2024. FOURTH QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.30 per common share for the quarter ended December 31, 2024 from $0.27 per common share for the quarter ended September 30, 2024. Net gain on investments of $1.60 per common share for the quarter ended December 31, 2024, primarily compri.

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of January 31, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock as of January 31, 2025 is between $6.95 and $7.05. This estimate is not a comprehensive state.

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared monthly cash distributions of $0.115 per share of common stock for each of the three months in the quarter ending April 30, 2025. The Board has also declared monthly cash distributions for the Compan.

OFS Credit Company offers an 18.5% distribution yield, potentially turning a $10,000 investment into $1 million in 20 years with slight leverage. OCCI primarily invests in CLO equity and debt securities, aiming for current income and capital appreciation, but lacks clear historical performance data on its website. Management expenses are high, costing $11 million annually, which is 4.4% of assets and 33.8% of gross income, raising concerns about efficiency.