OFS Capital Corporation (OFS) Social Stream

OFS Capital Corporation (OFS)

Today's Latest Price: $6.89 USD

0.20 (2.99%)

Updated Dec 1 4:00pm

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Overall POWR Rating

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Industry Rank:

Ranked of 55 in Private Equity

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Featured Post From StockTwits About OFS

OFS Capital is up over 50% since we covered it in Cash Flow Kingdom's, "BDC And Commercial mREIT Earnings Reviews" (https://seekingalpha.com/research/379412-darren-mccammon/5514242-bdc-and-commercial-mreit-earnings-reviews). At that time we also disclosed we were adding to an existing 0.3% token position and why.

"...Book value increased 10.7% to $11.18, and they hiked the dividend 6% to 18¢ (15.5% dividend yield, 17.2% DCF yield)....OFS is trading at a little less than half its .88x 5 year average P/TB ratio. Furthermore, I've long thought this lower than 1x ratio a bit unwarranted. While the firm does purposely take a riskier than average approach to their portfolio, they are also sponsored by a very experienced parent (CIM Group), and have high insider ownership (22% insider ownership) which likely means good alignment....I added to OFS near the close today.."

Ask yourself, would you have also added if you were a Cash Flow Kingdom member?
darrenscashflowkingdom, published December 1, 2020

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