Oxford Lane Capital Corp. (OXLC)
| Market Value | 1.67B |
| Revenue (ttm) | 306.79M |
| Net Income (ttm) | 235.11M |
| Shares Out | 320.40M |
| EPS (ttm) | 0.98 |
| PE Ratio | 5.31 |
| Forward PE | n/a |
| Dividend | $1.08 (20.69%) |
| Ex-Dividend Date | Dec 17, 2024 |
| Volume | 3,284,761 |
| Open | 5.21 |
| Previous Close | 5.19 |
| Day's Range | 5.18 - 5.22 |
| 52-Week Range | 4.41 - 5.78 |
| Beta | 1.14 |
| Analysts | Strong Buy |
| Price Target | 6.00 (+14.94%) |
| 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
2 Deep Fixed-Income Bargains From Oxford Lane And Eagle Point
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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
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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
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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%.
Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks
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I'm Betting On America With +19% Yields: OXLC
I bet on America this year in January; let's see how that bet has paid off. Oxford Lane Capital Corporation has raised its distribution and sees growing income without amping up leverage. OXLC dissent...
Oxford Lane Capital Corp. Provides July Net Asset Value Update
GREENWICH, Conn., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI)...
CLO Funds Offer Compelling Income Investment Opportunities With Up To 20% Yields
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The Dividend Snowball: 3 Ways To Increase Monthly Income
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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 M...
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 ...
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 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....
Oxford Lane Capital Corp. Schedules First Fiscal Quarter Earnings Release and Conference Call for July 26, 2024
GREENWICH, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI)...
Readers Identify 30 Ideal June Dividend Buys Out Of 40 Nods
Prior to June 30, 2024, my REaders mentioned 40 equities in their comments on my articles. Some bad news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. ...
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 Treasur...