Oxford Lane Capital Corp. (OXLC)
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]
Analyst Forecast
According to one analyst, the rating for OXLC stock is "Strong Buy" and the 12-month stock price forecast is $6.0.
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...
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...
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...
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...
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...
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 ...
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)...
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...
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...
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)...
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...
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...
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 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 ...
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...
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...
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.
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....
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...
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...
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...
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 ...
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,...
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...
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%.