OFS Credit Company, Inc. (OCCI)
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- symbol OCCI
- Rev/Share 1.5539
- Book/Share 7.4667
- PB 0.8049
- Debt/Equity 0.5428
- CurrentRatio 5.9265
- ROIC 0.0889
- MktCap 140963949.0
- FreeCF/Share 0.0
- PFCF 0.0
- PE 11.1219
- Debt/Assets 0.3469
- DivYield 0.2263
- ROE 0.0862
- Rating B+
- Score 3
- Recommendation Neutral
- P/E Score 2
- DCF Score 3
- P/B Score 3
- D/E Score 2
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| No ratings available. | |||||||
News
It's Raining CLO Equity CEFs And Why We Got Longer
Published: May 08, 2025 by: Seeking Alpha
Sentiment: Positive
The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility.
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OCCI: Income Investors Should Seriously Consider CLO Equity Despite Perceived Risk
Published: April 30, 2025 by: Seeking Alpha
Sentiment: Positive
Despite market volatility, CLO equity tranches offer high-yield income and portfolio diversification with relatively low risk, making them a compelling investment option. OFS Credit Company Inc. is recommended for its strong distribution coverage, stable NAV, and recent low-cost investments in new CLOs. Active management in CLOs allows for portfolio adjustments during economic downturns, potentially outperforming other asset classes in a recession.
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Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
Published: April 23, 2025 by: Seeking Alpha
Sentiment: Positive
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.
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OCCIM & OCCIN: Puppies Of A Lesser Dog
Published: March 28, 2025 by: Seeking Alpha
Sentiment: Negative
Our previous articles on OCCI have consistently held a bearish view due to its history of value destruction. The fund has recently hit new lows, comparable to the depths of the COVID-19 market crash. We look at the secondary securities, or puppies as we like to call them.
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Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
Published: March 27, 2025 by: Seeking Alpha
Sentiment: Negative
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.
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OFS Credit: Proving To Be Resilient, But Cracks Are Forming (Rating Downgrade)
Published: March 07, 2025 by: Seeking Alpha
Sentiment: Neutral
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.
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OFS Credit Company Provides January 2025 Net Asset Value Update
Published: February 14, 2025 by: Business Wire
Sentiment: Neutral
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.
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About OFS Credit Company, Inc. (OCCI)
- IPO Date 2018-10-05
- Website https://www.ofscreditcompany.com
- Industry Asset Management
- CEO Mr. Bilal Rashid
- Employees None