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FS Credit Opportunities Corp. (FSCO)



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Upturn Advisory Summary
09/16/2025: FSCO (4-star) is a STRONG-BUY. BUY since 90 days. Simulated Profits (8.94%). Updated daily EoD!
Analysis of Past Performance
Type Stock | Historic Profit 74.91% | Avg. Invested days 128 | Today’s Advisory Strong Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.44B USD | Price to earnings Ratio 7.7 | 1Y Target Price - |
Price to earnings Ratio 7.7 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 5.11 - 7.26 | Updated Date 06/29/2025 |
52 Weeks Range 5.11 - 7.26 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 10.36% | Basic EPS (TTM) 0.94 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 7.7 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 7.03 |
Enterprise Value - | Price to Sales(TTM) 7.03 | ||
Enterprise Value to Revenue 9.16 | Enterprise Value to EBITDA - | Shares Outstanding 198356000 | Shares Floating - |
Shares Outstanding 198356000 | Shares Floating - | ||
Percent Insiders 0.27 | Percent Institutions 31.41 |
Upturn AI SWOT
FS Credit Opportunities Corp.
Company Overview
History and Background
FS Credit Opportunities Corp., now known as Portman Ridge Finance Corporation, focuses on providing financing solutions to middle market companies. Originally affiliated with Franklin Square Capital Partners (now FS Investments), it has evolved its investment strategy over time to adapt to market conditions. Founded with the intention of generating both current income and capital appreciation.
Core Business Areas
- Direct Lending: Investing in secured debt, unsecured debt, and equity of middle market companies to generate income and capital gains.
Leadership and Structure
The company is led by a management team overseeing investment decisions. Portman Ridge Finance Corporation has a Board of Directors responsible for governance and oversight. Investment activities are typically managed by an external investment advisor.
Top Products and Market Share
Key Offerings
- Senior Secured Loans: Primarily invests in senior secured loans of middle-market companies. These loans offer a relatively high yield. Market share data is not readily available at the product level. Competitors include other BDCs such as Ares Capital Corporation (ARCC) and Main Street Capital (MAIN).
- Subordinated Debt: Invests in subordinated debt, which offers potential for higher returns but also carries higher risk. Market share data is not readily available at the product level. Competitors include other BDCs such as Ares Capital Corporation (ARCC) and Main Street Capital (MAIN).
Market Dynamics
Industry Overview
The business development company (BDC) industry is characterized by providing capital to small and medium-sized businesses that often have difficulty accessing traditional financing sources. Interest rate fluctuations, economic conditions, and regulatory changes impact the industry.
Positioning
FS Credit Opportunities Corp., now Portman Ridge, operates as a BDC, aiming to provide investors with income and capital appreciation through investments in middle market companies. Its competitive advantage hinges on its ability to source attractive investment opportunities and effectively manage credit risk.
Total Addressable Market (TAM)
The TAM for middle-market lending is substantial, estimated to be in the hundreds of billions of dollars annually. FS Credit Opportunities Corp. captures a small percentage of this TAM, depending on its investment capacity and strategy.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Access to Capital
- Diversified Investment Portfolio (Subject to concentration risks)
- High Current Income Potential
Weaknesses
- High Expense Ratios
- Sensitivity to Economic Downturns
- Credit Risk in Loan Portfolio
- Potential Conflicts of Interest with Affiliated Entities
Opportunities
- Increased Demand for Middle Market Financing
- Distressed Debt Investing Opportunities
- Expansion into New Investment Strategies
- Strategic Acquisitions
Threats
- Rising Interest Rates
- Increased Competition from Other BDCs
- Economic Recession
- Regulatory Changes
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- TCPC
- TCRD
Competitive Landscape
FS Credit Opportunities Corp., now Portman Ridge, competes with other BDCs to deploy capital in middle market companies. Advantages include access to capital and experienced management, while disadvantages include higher expense ratios and sensitivity to economic downturns.
Growth Trajectory and Initiatives
Historical Growth: Historical growth can be assessed by reviewing past revenue, earnings, and asset growth. Access to historical financial data is required.
Future Projections: Future projections are based on analyst estimates, which can be found on financial websites. These estimates typically cover revenue, earnings, and growth rates.
Recent Initiatives: Recent initiatives include strategic portfolio repositioning and cost reduction efforts.
Summary
Portman Ridge Finance Corporation (PTMN), formerly FS Credit Opportunities Corp., faces challenges typical of BDCs, including credit risk and sensitivity to economic cycles. The company aims to provide income and capital appreciation through middle-market lending. While its experienced management and access to capital are strengths, it needs to manage its expense ratios and mitigate credit risk. The BDC industry is competitive, with numerous players vying for similar investment opportunities. Careful management of portfolio composition and credit quality is crucial for long-term success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Financial News Outlets (e.g., Yahoo Finance, Bloomberg)
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FS Credit Opportunities Corp.
Exchange NYSE | Headquaters Philadelphia, PA, United States | ||
IPO Launch date 2022-11-14 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - |
FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors. The Fund is a dynamic credit strategy that invests across the public and private market. It primarily invests in global credit, including secured and unsecured floating and fixed rate loans, bonds, and other credit instruments that companies use to finance their operations. The fund seeks to generate total return by investing in non-traditional areas of the public and private credit markets where a yield or return premium may exist due to complexity, illiquidity or a result of corporate events. It seeks companies that are expected to benefit from corporate events such as mergers, acquisitions, or corporate reorganizations. FS Credit Opportunities Corp. was formed on January 28, 2013 and is domiciled in the United States.

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