Oxford Lane Capital Corp. (OXLC)

NASDAQ: OXLC · Real-Time Price · USD
5.06
+0.01 (0.20%)
At close: Dec 20, 2024, 4:00 PM
5.07
+0.01 (0.20%)
After-hours: Dec 20, 2024, 7:31 PM EST
0.20%
Market Value 1.71B
Revenue (ttm) 356.74M
Net Income (ttm) 185.45M
Shares Out 337.26M
EPS (ttm) 0.55
PE Ratio 9.20
Forward PE 4.25
Dividend $1.08 (21.34%)
Ex-Dividend Date Mar 17, 2025
Volume 5,123,285
Open 5.04
Previous Close 5.05
Day's Range 5.03 - 5.09
52-Week Range 4.86 - 5.78
Beta 1.14
Analysts Strong Buy
Price Target 6.00 (+18.58%)
Earnings Date n/a

About OXLC

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States. [Read more]

Sector Financials
Founded 2010
Country United States
Stock Exchange NASDAQ
Ticker Symbol OXLC
Full Company Profile

Analyst Forecast

According to one analyst, the rating for OXLC stock is "Strong Buy" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(18.58% upside)
Analyst Consensus: Strong Buy

News

Three Buys In This Fed-Fueled Sell Off

The Fed's revised guidance for only two rate cuts in 2025 caused market panic, despite a current rate cut to 4.25-4.5%. Floating rate instruments like CLOs remain attractive due to their high-yield an...

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20 hours ago - Seeking Alpha

OXLC: The Timing Feels Right For This 20% Yield

Oxford Lane Capital Corporation focuses on CLOs, offering high yields but with significant risks. OXLC's 20% yield is a major selling point, supported by strong cash flow and a sustainable leverage ra...

6 days ago - Seeking Alpha

Oxford Lane Capital: 2029 Term Preferreds Offer 8.1% Yield To Maturity

I prefer investments higher up in the capital stack of CLOs, favoring Oxford Lane Capital's term preferred shares over common units. OXLC's net investment income of $123.1M in the first half of the ye...

6 days ago - Seeking Alpha

Oxford Lane: Don't Chase This 21% Yield

Oxford Lane Capital Corporation offers a high dividend yield of 21%, but trades above net asset value and has an unconvincing total return track record. Previous analysis rated Oxford Lane Capital Cor...

16 days ago - Seeking Alpha

3 Closed-End Fund Buys In The Month Of October 2024

Every month, I put cash to work in my closed-end fund portfolio to help build up cash flow over time. Broader equity markets have continued to perform well for the most part, and discounts narrowing o...

Other symbols: BOEBSTGDVIGANVDA
5 weeks ago - Seeking Alpha

OXLC: This 20% Yield Is Proof That Income Investing Works

Investors make frequent mistakes, especially when it comes to buying income for retirement. Selling shares for "income" is not the same as getting paid monthly. I use funds to provide added income to ...

5 weeks ago - Seeking Alpha

Oxford Lane Capital Corp. Provides October Net Asset Value Update

GREENWICH, Conn., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI)...

6 weeks ago - GlobeNewsWire

Oxford Lane Capital Q2 Earnings: High Activity Levels Overshadowed By NAV Decline

Oxford Lane Capital is a closed end fund that invests in CLO equity and to a lesser extent, debt. OXLC recently reported earnings for fiscal Q2. The fund was remarkably active during the quarter firin...

6 weeks ago - Seeking Alpha

Oxford Lane Capital Corporation (OXLC) Q2 2025 Earnings Call Transcript

Oxford Lane Capital Corporation (NASDAQ:OXLC) Q2 2025 Earnings Conference Call November 1, 2024 9:00 AM ET Company Participants Jonathan Cohen - CEO Saul Rosenthal - President Bruce Rubin - CFO Joe K...

7 weeks ago - Seeking Alpha

Oxford Lane Capital Corp. Announces Net Asset Value and Selected Financial Results for the Second Fiscal Quarter and Declaration of Distributions on Common Stock for the Months Ending January, February, and March 2025

GREENWICH, Conn., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI)...

7 weeks ago - GlobeNewsWire

Oxford Lane Capital: Is This 19% Yield Sustainable?

OXLC offers a high 19% yield generated from investing in lower tranches of CLOs. This payout appears 'safe', as distributions are significantly below core investment income. That said, OXLC has materi...

7 weeks ago - Seeking Alpha

Oxford Lane Capital (OXLC) has a fat 20% yield: is it a buy?

Oxford Lane Capital (OXLC) stock has risen modestly this year and is hovering near its all-time high of $5.35. It has risen by 6% this year, and thanks to its fast 20% yield, its total return has been...

7 weeks ago - Invezz

Oxford Lane Capital Corp. Schedules Second Fiscal Quarter Earnings Release and Conference Call for November 1, 2024

GREENWICH, Conn., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI)...

2 months ago - GlobeNewsWire

2 Deep Fixed-Income Bargains From Oxford Lane And Eagle Point

Eagle Point Credit's Preferred “D” is grossly undervalued due to the company's open market selling of the shares, which has greatly suppressed its price and offers an 8.65% yield. ECC.PR.D has lagged ...

Other symbols: ECC
2 months ago - Seeking Alpha

Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks

Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising divi...

2 months ago - Seeking Alpha

Preferreds Weekly Review: Embedded Options And Redemption Likelihood

We take a look at the action in preferreds and baby bonds through the first week of October and highlight some of the key themes we are watching. Preferred stocks saw slight declines as Treasury yield...

Other symbols: EICOCCI
2 months ago - Seeking Alpha

Seeking 20% Yield: OXLC

My market-beating bet on the American economy keeps providing my portfolio with massive sums of cash. Default rates remain low, so cash output remains very high. You need income, we find sources.

3 months ago - Seeking Alpha

OXLC: 20% Yield Likely To Be Ephemeral

OXLC's 20% yield is intriguing but has not proved to hold out over time. The fund's diversified portfolio and modest leverage offer some stability, but this also comes with exposure to cyclical risks....

3 months ago - Seeking Alpha

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 val...

Other symbols: ARCCEIMFDUSNCDLNYMTPFO
3 months ago - Seeking Alpha

OXLC: The Good And Bad Side Effect Of Interest Rate Cuts

Oxford Lane Capital offers a high dividend yield above 20%, making it attractive for income-focused investors. OXLC's portfolio strategy focuses on high current income from CLO debt and equity, with s...

3 months ago - Seeking Alpha

Oxford Lane Capital Corp. Provides August Net Asset Value Update

GREENWICH, Conn., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI...

3 months ago - GlobeNewsWire

My 9.5% Income Portfolio-The View From The Top

Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the ...

3 months ago - Seeking Alpha

CLO Debt ETFs Or CLO Equity CEFs: Which Are Best For Income Investors And Retirees

CLOs have several tranches. Equity tranches are the riskiest ones, but also have the highest yields, and strongest potential returns. Debt tranches are safer and lower-yielding, some significantly so,...

Other symbols: CLOZECCJAAAJBBB
4 months ago - Seeking Alpha

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 ca...

4 months ago - Seeking Alpha

Oxford Lane Capital: 20% yield, beating the S&P 500 in 2024

Oxford Lane Capital (OXLC) is having a good year as it continues beating the S&P 500 index. Its stock has risen by 7.49% while the S&P 500 index has jumped by 18.13%.

4 months ago - Invezz