OFS Capital Q1 net investment income per share falls; Q2 distribution set at $0.17

OFS Capital

30/04/2026 21:47

Overview

US business development company's fiscal Q1 net investment income per share declined from prior quarter

Company posted a net loss on investments and net asset value per share declined

Q2 distribution of $0.17 per share declared

Outlook

OFS Capital declares second-quarter distribution of $0.17 per share

Result Drivers

LOWER INTEREST INCOME - Co said total investment income fell due to a decrease in interest income, partially offset by higher non-recurring dividend income

YIELD DECLINES - Weighted-average performing income yield fell due to lower earned yields on structured finance securities

REALIZED AND UNREALIZED LOSSES - Net loss on investments mainly from unrealized depreciation on structured finance securities and realized loss from partial recovery/write-off of second lien debt and equity participation rights

Company press release: ID:nBwbfWhBGa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.86
Q1 Investments
$308.10 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the closed end funds peer group is "hold"

Wall Street's median 12-month price target for OFS Capital Corp is $6.00, about 48.5% above its April 29 closing price of $4.04

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)