Summary
22.78 -0.04(-0.19%)09/27/2024
Oxford Lane Capital Corp (OXLCO)
Oxford Lane Capital Corp (OXLCO)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.28 | -0.45 | 0.25 | 1.64 | 2.60 | 5.23 | 0.00 | -3.94 |
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| Trading Data | ||
| Close | 22.78 | |
| Open | 22.78 | |
| High | 22.78 | |
| Low | 22.78 | |
| Volume | 831 | |
| Change | -0.06 | |
| Change % | -0.28 | |
| Avg Volume (20 Days) | 969 | |
| Volume/Avg Volume (20 Days) Ratio | 0.86 | |
| 52 Week Range | 20.70 - 22.93 | |
| Price vs 52 Week High | -0.67% | |
| Price vs 52 Week Low | 10.03% | |
| Range | 0.00 | |
| Gap Up/Down | -0.06 | |
Fundamentals | ||
| Market Capitalization (Mln) | 7,318 | |
| EBIDTA | 0 | |
| PE Ratio | 8.0395 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 6.9700 | |
| Earnings Per Share | 3.0910 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 3.0910 | |
| Revenues | ||
| Profit Marging | 2.3539 | |
| Operating Marging (TTM) | 0.7151 | |
| Return on asset (TTM) | 0.0760 | |
| Return on equity (TTM) | 0.6266 | |
| Revenue TTM | 154,443,760 | |
| Revenue per share TTM | 1.3130 | |
| Quarterly Revenue Growth (YOY) | 0.4530 | |
| Quarterly Earnings Growth (YOY) | 0.5090 | |
| Gross Profit (TTM) | 127,345,387 | |
| Dividends | ||
| Dividend Share | 0.8100 | |
| Dividend Yield | 0.0326 | |
| Valuations | ||
| Trailing PE | 8.0395 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.0000 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 36,357,400 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 1.38 | |
09/12 10:20 EST - seekingalpha.com
Gauging Distribution Winners And Losers In The Next Rate Cycle
The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as valuation changes can significantly affect portfolio wealth. BDCs, despite holding floating-rate assets, offer high dividend coverage and income diversification, making them attractive even in a rate-cutting cycle.
Gauging Distribution Winners And Losers In The Next Rate Cycle
The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as valuation changes can significantly affect portfolio wealth. BDCs, despite holding floating-rate assets, offer high dividend coverage and income diversification, making them attractive even in a rate-cutting cycle.
08/26 04:22 EST - seekingalpha.com
Oxford Lane Capital: Why I Think This Is A Yield Trap
Oxford Lane Capital has outperformed the S&P 500 by +1.94% since my last 'Sell' view on this closed-ended fund in February 2024. But I am retaining my stance. Distributions continue to be funded by capital raises instead of operational cash flow. I don't see how this is sustainable long term. Oxford Lane Capital investments' fair value is below cost, which means the sale of investments would also lead to a loss. This does not help recoup negative operating cash flows.
Oxford Lane Capital: Why I Think This Is A Yield Trap
Oxford Lane Capital has outperformed the S&P 500 by +1.94% since my last 'Sell' view on this closed-ended fund in February 2024. But I am retaining my stance. Distributions continue to be funded by capital raises instead of operational cash flow. I don't see how this is sustainable long term. Oxford Lane Capital investments' fair value is below cost, which means the sale of investments would also lead to a loss. This does not help recoup negative operating cash flows.
07/31 20:42 EST - seekingalpha.com
New Preferred Stock And Exchange Traded Debt IPOs, July 2024
New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while Morgan Stanley and Regions Financial Corporation also priced new preferred stock offerings. Investors can buy new shares at wholesale prices through the OTC exchange, track past preferred stock IPOs below par, and stay updated on the current marketplace offerings.
New Preferred Stock And Exchange Traded Debt IPOs, July 2024
New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while Morgan Stanley and Regions Financial Corporation also priced new preferred stock offerings. Investors can buy new shares at wholesale prices through the OTC exchange, track past preferred stock IPOs below par, and stay updated on the current marketplace offerings.
07/26 11:28 EST - seekingalpha.com
Oxford Lane Capital Corporation (OXLC) Q1 2025 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 9:17 AM ET Oxford Lane Capital Corporation (NASDAQ:OXLC ) Q1 2025 Earnings Conference Call July 26, 2024, 09:00 AM ET Company Participants Jonathan Cohen - CEO Bruce Rubin - CFO Saul Rosenthal - President Joe Kupka - Managing Director Conference Call Participants Mickey Schleien - Ladenburg Erik Zwick - Lucid Capital Markets Operator Hello all, and welcome to Oxford Lane Capital Corp's First Fiscal Quarter Earnings Call. My name is Lydia, and I will be your operator today.
Oxford Lane Capital Corporation (OXLC) Q1 2025 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 9:17 AM ET Oxford Lane Capital Corporation (NASDAQ:OXLC ) Q1 2025 Earnings Conference Call July 26, 2024, 09:00 AM ET Company Participants Jonathan Cohen - CEO Bruce Rubin - CFO Saul Rosenthal - President Joe Kupka - Managing Director Conference Call Participants Mickey Schleien - Ladenburg Erik Zwick - Lucid Capital Markets Operator Hello all, and welcome to Oxford Lane Capital Corp's First Fiscal Quarter Earnings Call. My name is Lydia, and I will be your operator today.
07/26 08:00 EST - globenewswire.com
Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the First Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending October, November, and December 2024
GREENWICH, Conn., July 26, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGM: OXLCI) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information:
Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the First Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending October, November, and December 2024
GREENWICH, Conn., July 26, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGM: OXLCI) (“Oxford Lane,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information:
07/21 10:40 EST - seekingalpha.com
Oxford Lane Capital: Locking In An 8%+ Yield With Preferred Shares
Investing in CLO Equity can be risky, but offers high returns. Oxford Lane Capital's balance sheet shows reasonable leverage and strong coverage ratios for debt and preferred equity securities. The 7.125% 2029 term preferred stock from Oxford Lane Capital offers an 8.1% yield to maturity, including the potential capital gains.
Oxford Lane Capital: Locking In An 8%+ Yield With Preferred Shares
Investing in CLO Equity can be risky, but offers high returns. Oxford Lane Capital's balance sheet shows reasonable leverage and strong coverage ratios for debt and preferred equity securities. The 7.125% 2029 term preferred stock from Oxford Lane Capital offers an 8.1% yield to maturity, including the potential capital gains.
07/15 00:24 EST - seekingalpha.com
Preferreds Weekly Review: Tight Spreads Drive Bond Issuance
We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasury yields and stable median yield-to-worst below 7%. Corporate bond yields stand at lowest levels in 2 years, prompting new issuance from across the space.
Preferreds Weekly Review: Tight Spreads Drive Bond Issuance
We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasury yields and stable median yield-to-worst below 7%. Corporate bond yields stand at lowest levels in 2 years, prompting new issuance from across the space.
07/01 08:59 EST - seekingalpha.com
Oxford Lane: 20% Yield Comes At A High Price
Oxford Lane Capital Corporation offers a 20% dividend yield, but investors should not buy solely due to a high yield. The fund invests in CLOs, which have historically performed well, but Oxford Lane Capital's heavy allocation to equity tranches increases risk. Despite the high dividend yield, Oxford Lane Capital has experienced significant net asset value declines and sub-par total returns over the past decade.
Oxford Lane: 20% Yield Comes At A High Price
Oxford Lane Capital Corporation offers a 20% dividend yield, but investors should not buy solely due to a high yield. The fund invests in CLOs, which have historically performed well, but Oxford Lane Capital's heavy allocation to equity tranches increases risk. Despite the high dividend yield, Oxford Lane Capital has experienced significant net asset value declines and sub-par total returns over the past decade.
06/28 10:20 EST - seekingalpha.com
CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment.
CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment.
06/27 18:29 EST - globenewswire.com
Oxford Lane Capital Corp. Prices Public Offering of $100,000,000 8.75% Notes Due 2030
GREENWICH, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced that it has priced an underwritten public offering of $100,000,000 in aggregate principal amount of 8.75% unsecured notes due 2030. The notes will mature on June 30, 2030, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after June 30, 2028. The notes will bear interest at a rate of 8.75% per year payable quarterly on March 31, June 30, September 30, and December 31 of each year, commencing September 30, 2024.
Oxford Lane Capital Corp. Prices Public Offering of $100,000,000 8.75% Notes Due 2030
GREENWICH, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced that it has priced an underwritten public offering of $100,000,000 in aggregate principal amount of 8.75% unsecured notes due 2030. The notes will mature on June 30, 2030, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after June 30, 2028. The notes will bear interest at a rate of 8.75% per year payable quarterly on March 31, June 30, September 30, and December 31 of each year, commencing September 30, 2024.
06/07 08:00 EST - globenewswire.com
Oxford Lane Capital Corp. Provides May Net Asset Value Update
GREENWICH, Conn., June 07, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced the following net asset value (“NAV”) estimate as of May 31, 2024.
Oxford Lane Capital Corp. Provides May Net Asset Value Update
GREENWICH, Conn., June 07, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced the following net asset value (“NAV”) estimate as of May 31, 2024.
05/17 08:00 EST - globenewswire.com
Oxford Lane Capital Corp. Provides April Net Asset Value Update
GREENWICH, Conn., May 17, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced the following net asset value (“NAV”) estimate as of April 30, 2024.
Oxford Lane Capital Corp. Provides April Net Asset Value Update
GREENWICH, Conn., May 17, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced the following net asset value (“NAV”) estimate as of April 30, 2024.
05/14 19:34 EST - seekingalpha.com
Oxford Lane Capital Corporation (OXLC) Q4 2024 Earnings Call Transcript
Oxford Lane Capital Corporation (NASDAQ:OXLC ) Q4 2024 Earnings Conference Call May 14, 2024 4:00 PM ET Company Participants Saul Rosenthal – President Bruce Rubin – Chief Financial Officer Brian Aleksa – Senior member-CLO Investment Team Conference Call Participants Mickey Schleien – Ladenburg Operator Good afternoon, ladies and gentlemen. Thank you for joining today's Oxford Lane Capital Corp. Fourth Fiscal Quarter 2024 Earnings Call.
Oxford Lane Capital Corporation (OXLC) Q4 2024 Earnings Call Transcript
Oxford Lane Capital Corporation (NASDAQ:OXLC ) Q4 2024 Earnings Conference Call May 14, 2024 4:00 PM ET Company Participants Saul Rosenthal – President Bruce Rubin – Chief Financial Officer Brian Aleksa – Senior member-CLO Investment Team Conference Call Participants Mickey Schleien – Ladenburg Operator Good afternoon, ladies and gentlemen. Thank you for joining today's Oxford Lane Capital Corp. Fourth Fiscal Quarter 2024 Earnings Call.
04/17 08:00 EST - globenewswire.com
Oxford Lane Capital Corp. Provides Preliminary Estimates and Financial Highlights for the Fourth Fiscal Quarter 2024
GREENWICH, Conn., April 17, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company,” “we,” “us” or “our”) today announced preliminary estimates and financial highlights as of and for the three months ended March 31, 2024, which are estimated as of April 17, 2024.
Oxford Lane Capital Corp. Provides Preliminary Estimates and Financial Highlights for the Fourth Fiscal Quarter 2024
GREENWICH, Conn., April 17, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company,” “we,” “us” or “our”) today announced preliminary estimates and financial highlights as of and for the three months ended March 31, 2024, which are estimated as of April 17, 2024.
04/05 08:30 EST - seekingalpha.com
Important For Your Retirement: How To Build Your Own Bond Ladder
I enjoy building my own pizza, just as I'm crafting a custom retirement recipe with a bond ladder and my choicest ingredients. A custom-built bond ladder is a retirement powerhouse, mitigating interest rate risk and regularly releasing capital for reinvestment. We discuss three bond issuers with up to 20% Yield-to-Maturity.
Important For Your Retirement: How To Build Your Own Bond Ladder
I enjoy building my own pizza, just as I'm crafting a custom retirement recipe with a bond ladder and my choicest ingredients. A custom-built bond ladder is a retirement powerhouse, mitigating interest rate risk and regularly releasing capital for reinvestment. We discuss three bond issuers with up to 20% Yield-to-Maturity.
03/10 11:15 EST - seekingalpha.com
Preferreds Weekly Review: Yield Differential Between Bonds And Preferreds Often Too Tight
Preferreds were slightly lower this week and over February, with caution required for stocks trading above "par". The fixed-income version of the "beta anomaly" shows that the yield differential between bonds and preferreds may be too low. We highlight recent issuances from HOV and MITT.
Preferreds Weekly Review: Yield Differential Between Bonds And Preferreds Often Too Tight
Preferreds were slightly lower this week and over February, with caution required for stocks trading above "par". The fixed-income version of the "beta anomaly" shows that the yield differential between bonds and preferreds may be too low. We highlight recent issuances from HOV and MITT.
02/23 08:30 EST - seekingalpha.com
Beyond Cash: Maximizing Income With Investment Grade Baby Bonds
The Fed is expected to cut rates at some point in 2024, we will see investors develop FOMO to lock in high yields from quality fixed income. 2024 is set to be the year of income, and high-quality bonds are well-positioned to offer significant total returns. We discuss two investment-grade baby bonds with up to 7% yields.
Beyond Cash: Maximizing Income With Investment Grade Baby Bonds
The Fed is expected to cut rates at some point in 2024, we will see investors develop FOMO to lock in high yields from quality fixed income. 2024 is set to be the year of income, and high-quality bonds are well-positioned to offer significant total returns. We discuss two investment-grade baby bonds with up to 7% yields.
02/08 08:00 EST - globenewswire.com
Oxford Lane Capital Corp. Provides January Net Asset Value Update
GREENWICH, Conn., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced the following net asset value (“NAV”) estimate as of January 31, 2024.
Oxford Lane Capital Corp. Provides January Net Asset Value Update
GREENWICH, Conn., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (the “Company”) today announced the following net asset value (“NAV”) estimate as of January 31, 2024.
01/28 10:03 EST - seekingalpha.com
Preferreds Weekly Review: Comparing Term And Perpetual Preferreds
We take a look at the action in preferreds and baby bonds through the third week of January and highlight some of the key themes we are watching. Preferreds were flat despite rising Treasury yields. Month-to-date, the higher-beta sectors outperformed. There are arguments on both sides when allocating between term and perpetual preferreds.
Preferreds Weekly Review: Comparing Term And Perpetual Preferreds
We take a look at the action in preferreds and baby bonds through the third week of January and highlight some of the key themes we are watching. Preferreds were flat despite rising Treasury yields. Month-to-date, the higher-beta sectors outperformed. There are arguments on both sides when allocating between term and perpetual preferreds.
01/21 09:40 EST - seekingalpha.com
Preferreds Weekly Review: Drop In Rates Drives New Issuance
We take a look at the action in preferreds and baby bonds through the second week of January and highlight some of the key themes we are watching. All preferreds sectors were up for the week, buoyed by lower Treasury yields. Preferreds credit spreads have fully retraced the bank mini-crisis spread blow-up and have only been tighter in 2021.
Preferreds Weekly Review: Drop In Rates Drives New Issuance
We take a look at the action in preferreds and baby bonds through the second week of January and highlight some of the key themes we are watching. All preferreds sectors were up for the week, buoyed by lower Treasury yields. Preferreds credit spreads have fully retraced the bank mini-crisis spread blow-up and have only been tighter in 2021.