| OFS Credit Company Announces Preliminary Estimates of Certain Financial Results for its Second Fiscal Quarter 2025 |
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 preliminary estimates of certain financial results for the fiscal quarter ended April 30, 2025. PRELIMINARY ESTIMATES OF CERTAIN FINANCIAL RESULTS Management's unaudited estimate of the range of our net asset value per share of our common stock at Ap. |
businesswire.com |
2025-05-15 21:00:00 |
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| OFS Capital (OFS) Q1 2025 Earnings Call Transcript |
OFS Capital (NASDAQ:OFS ) Q1 2025 Earnings Conference Call May 2, 2025 10:00 AM ET Company Participants Steve Altebrando - IR Bilal Rashid - Chairman and CEO Kyle Spina - CFO and Treasurer Conference Call Participants Operator Good day, and welcome to the OFS Capital Corporation Q1 2025 Earnings Conference Call. All participants will be in listen-only mode [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. |
seekingalpha.com |
2025-05-02 16:28:39 |
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| OFS Capital Corporation Announces First Quarter 2025 Financial Results |
CHICAGO--(BUSINESS WIRE)--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, 2025. FIRST QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended March 31, 2025 from $0.30 per common share for the quarter ended December 31, 2024. Net loss on investments was $0.80 per common share for the quarter ended March 31, 2025. See additio. |
businesswire.com |
2025-05-01 20:30:00 |
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| OFS Capital Corporation Announces Date for Its First Quarter 2025 Earnings Release and Conference Call |
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital”), a business development company, announced today that it will report its first quarter 2025 earnings results after the close of the stock market on Thursday, May 1, 2025. A conference call is scheduled for Friday, May 2, 2025 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 Kyle Spina, Chief Financ. |
businesswire.com |
2025-04-23 13:23:00 |
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| OFS Credit Company Provides March 2025 Net Asset Value Update |
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 March 31, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock as of March 31, 2025 is between $6.57 and $6.67. This estimate is not a comprehensive statement. |
businesswire.com |
2025-04-15 21:00:00 |
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| Dividend Power Dogs: 5 Ideal Safe Buys In April |
Five top Dividend Power stocks with "safer" dividends include ZIM Integrated Shipping, FS KKR Capital, Mach Natural Resources, Saratoga Investment, and Golden Ocean. The Dividend Power strategy focuses on high earnings and dividend yields, creating a portfolio resilient in downturns and profitable in bull markets. Analysts project significant gains (49.51% to 140.25%) for the top ten Dividend Power stocks by April 2026, with an average net gain of 92.52%. |
seekingalpha.com |
2025-04-09 08:32:53 |
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| Are Investors Undervaluing OFS Capital (OFS) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-03-26 12:46:07 |
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| OFS Credit Company Provides February 2025 Net Asset Value Update |
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 February 28, 2025. Management's unaudited estimate of the range of our NAV per share of our common stock as of February 28, 2025 is between $6.75 and $6.85. This estimate is not a comprehensive sta. |
businesswire.com |
2025-03-14 18:00:00 |
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| Dividend Power Dogs: 3 Top Dividend Picks For March |
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%. |
seekingalpha.com |
2025-03-12 09:29:29 |
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| 3 Small-Cap Financial Services Stocks to Buy Amid Tariff Uncertainty |
As Trump tariffs create uncertainty and result in huge market volatility, small-cap financial services stocks - MFIN, OFS & FNWD - are worth investing in. |
zacks.com |
2025-03-10 11:01:06 |
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| OFS Credit: Proving To Be Resilient, But Cracks Are Forming (Rating Downgrade) |
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. |
seekingalpha.com |
2025-03-07 16:15:50 |
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| OFS Credit Company Announces Financial Results for the First Fiscal Quarter 2025 |
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 its financial results for the fiscal quarter ended January 31, 2025. FIRST QUARTER HIGHLIGHTS Net investment income (“NII”) of $5.2 million, or $0.23 per common share, for the fiscal quarter ended January 31, 2025. This compares to NII of $4.5 millio. |
businesswire.com |
2025-03-07 10:00:00 |
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| OFS Capital: Q4 Earnings Reveal Continued Weakness To Higher Interest Rate Environment |
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. |
seekingalpha.com |
2025-03-06 11:30:00 |
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| OFS Capital (OFS) Upgraded to Buy: Here's What You Should Know |
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). |
zacks.com |
2025-03-04 15:05:33 |
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| OFS Capital (OFS) Q4 2024 Earnings Call Transcript |
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. |
seekingalpha.com |
2025-03-04 15:02:02 |
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| OFS Capital Corporation Announces Fourth Quarter 2024 Financial Results |
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. |
businesswire.com |
2025-03-03 18:30:00 |
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| OFS Credit Company Provides January 2025 Net Asset Value Update |
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. |
businesswire.com |
2025-02-14 18:30:00 |
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| OFS Credit Company Declares Monthly Common Stock Cash Distributions |
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. |
businesswire.com |
2025-01-17 10:00:00 |
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| OFS Credit Company Provides December 2024 Net Asset Value Update |
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 December 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of December 31, 2024 is between $6.98 and $7.08. This estimate is not a comprehensive sta. |
businesswire.com |
2025-01-15 18:00:00 |
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| 18% From OFS Capital: Only Santa Can Make That Happen |
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. |
seekingalpha.com |
2024-12-16 13:52:25 |
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| OFS Credit Company Provides November 2024 Net Asset Value Update |
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 November 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of November 30, 2024 is between $7.03 and $7.13. This estimate is not a comprehensive sta. |
businesswire.com |
2024-12-13 20:16:00 |
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| OFS Capital: Worsening Non-Accrual Rate And Poor Dividend Coverage (Rating Downgrade) |
OFS Capital continues to underperform peers because of its limited portfolio strategy and rising non-accruals. The non-accrual rate has increased to 5.4%, indicating higher risk compared to peers like Main Street Capital, Ares Capital, and Blue Owl Capital. OFS trades at a 28.4% discount to NAV, but this discount is justified due to poor NAV growth and elevated risk profile. |
seekingalpha.com |
2024-12-01 09:26:33 |
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| OFS Credit Company Provides October 2024 Net Asset Value Update |
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 October 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of October 31, 2024 is between $7.13 and $7.23. This estimate is not a comprehensive state. |
businesswire.com |
2024-11-15 18:00:00 |
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| OFS Capital (OFS) Q3 2024 Earnings Call Transcript |
OFS Capital (NASDAQ:OFS ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Steve Altebrando – Investor Relations Bilal Rashid – Chairman and Chief Executive Officer Jeff Cerny – Chief Financial Officer and Treasurer Conference Call Participants Operator Good day, and welcome to the OFS Capital Third Quarter of 2024 Earnings Conference Call. All participants will be in a listen-only mode for the duration of the call. |
seekingalpha.com |
2024-11-01 14:44:06 |
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| OFS Capital (OFS) Tops Q3 Earnings Estimates |
OFS Capital (OFS) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.40 per share a year ago. |
zacks.com |
2024-10-31 20:50:17 |
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| OFS Credit Company Declares Monthly Common Stock Cash Distributions |
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 January 31, 2025. The following schedule applies to the distributions for common stoc. |
businesswire.com |
2024-10-28 10:00:00 |
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| OFS Credit Company Provides September 2024 Net Asset Value Update |
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 September 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of September 30, 2024 is between $6.98 and $7.08. This estimate is not a comprehensive s. |
businesswire.com |
2024-10-15 20:00:00 |
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| 2 BDCs Yielding Above 14%: One To Buy, One To Sell |
BDC investing focuses on high current income streams, with less emphasis on price dynamics. As the yield component is a key value driver for BDCs, and also is usually quite high, the risk of stepping into a value trap is meaningful. In this respect, I have assessed two very high yielding BDCs. |
seekingalpha.com |
2024-10-07 21:56:57 |
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| OFS Credit Company, Inc. Prices Preferred Stock Offering |
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) today announced the pricing of an underwritten public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25.00 per share, raising $26.0 million in gross proceeds. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 156,000 shares of Preferred Stock on the same terms and. |
businesswire.com |
2024-09-25 00:15:00 |
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| OFS Credit Company, Inc. Commences Preferred Stock Offering |
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) announced today that it plans to offer shares of its Series F Term Preferred Stock (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company has applied to list the Preferred Stock on the Nasdaq Capital Market under the trading symbol “OCCIM”. T. |
businesswire.com |
2024-09-24 12:21:00 |
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| OFS Capital: Risk Of Dividend Cut Could Keep Hurting Price Performance |
I believe OFS Capital's 17% dividend yield is unsustainable due to declining portfolio value, deteriorating earnings, high accruals, and poor cash position, warranting a hold rating. The company's dividends exceed net investment income, and future earnings forecasts suggest significant declines, making a dividend cut likely. OFS Capital's high leverage ratio and cautious investment strategy limit growth potential, further impacting its ability to sustain dividends and share price. |
seekingalpha.com |
2024-08-30 18:19:47 |
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| OFS Capital (OFS) Q2 2024 Earnings Call Transcript |
OFS Capital (NASDAQ:OFS ) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Steve Altebrando - VP, Capital Markets Bilal Rashid - Chairman & CEO Jeff Cerny - CFO & Treasurer Operator Good day, and welcome to the OFS Capital Corporation Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2024-08-02 21:57:07 |
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| OFS Capital (OFS) Q2 Earnings and Revenues Lag Estimates |
OFS Capital (OFS) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.38 per share a year ago. |
zacks.com |
2024-08-01 22:51:09 |
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| OFS Capital Corporation Announces Second Quarter 2024 Financial Results |
CHICAGO--(BUSINESS WIRE)--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 compris. |
businesswire.com |
2024-08-01 20:30:00 |
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| OFS Credit Company Provides June 2024 Net Asset Value Update |
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 June 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of June 30, 2024 is between $7.15 and $7.25. This estimate is not a comprehensive statement o. |
businesswire.com |
2024-07-15 20:00:00 |
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| OFS Capital: Higher Non-Accruals Than Peers Contributes To NAV Deterioration |
OFS Capital Corp offers a high dividend yield of 13.7% with a diverse portfolio focused on senior secured loans in various industries. The company's financials show continued growth, with net investment income per share covering the dividend comfortably at 123.5%. Despite the high yield, OFS has underperformed its peers in total return and lacks dividend growth. OFS has failed to provide any meaningful growth or supplemental dividends the way peers have. |
seekingalpha.com |
2024-06-14 16:01:36 |
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| OFS Credit Company Provides May 2024 Net Asset Value Update |
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 May 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of May 31, 2024 is between $7.35 and $7.45. This estimate is not a comprehensive statement of. |
businesswire.com |
2024-06-12 21:00:00 |
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| OFS Credit Company Announces Financial Results for the Second Fiscal Quarter 2024 |
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 its financial results for the fiscal quarter ended April 30, 2024. SECOND QUARTER HIGHLIGHTS Net investment income (“NII”) of $4.5 million, or $0.28 per common share, for the fiscal quarter ended April 30, 2024. This compares to NII of $4.6 million,. |
businesswire.com |
2024-06-11 12:00:00 |
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| OFS Capital (OFS) Q1 2024 Earnings Call Transcript |
OFS Capital (NASDAQ:OFS ) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Steve Altebrando - Vice President, Capital Markets Bilal Rashid - Chairman & Chief Executive Officer Jeff Cerny - Chief Financial Officer & Treasurer Conference Call Participants Mitchel Penn - Oppenheimer Operator Good day, and welcome to the OFS Capital Corporation First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2024-05-03 15:23:08 |
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