Oxford Lane Capital Corp. (OXLC)

Market Value	1.10B
Revenue	130.15M
Net Income	125.88M
Shares Out	221.20M
EPS	1.20
PE Ratio	4.15
Forward PE	n/a
Dividend	$0.96 (19.28%)
Ex-Dividend Date	Jun 14, 2024

Volume	1,622,050
Open	4.970
Previous Close	4.960
Day's Range	4.970 - 4.990
52-Week Range	4.410 - 5.700
Beta	1.14
Analysts	Strong Buy
Price Target	6.00 (+20.48%)
Earnings Date	Nov 1, 2023

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.

• Industry: Asset Management
• Sector: Financials
• Founded: 2010
• Country: United States
• Stock Exchange: NASDAQ
• Ticker Symbol: OXLC

Financial Performance

In 2022, OXLC's revenue was $130.15 million, a decrease of -55.64% compared to the previous year's $293.35 million. Earnings were $125.88 million, a decrease of -56.58%.

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

(20.48% upside)

Analyst Consensus: Strong Buy