Oxford Lane Capital (NASDAQ:OXLC) Issues Earnings Results, Misses Expectations By $0.39 EPS

Posted by Jeff Wilder on Jan 29th, 2025

Oxford Lane Capital (NASDAQ:OXLC – Get Free Report) posted its quarterly earnings data on Monday. The investment management company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.39), Zacks reports.

Oxford Lane Capital Stock Performance

Shares of NASDAQ:OXLC opened at $5.09 on Wednesday. The firm has a market cap of $1.76 billion, a PE ratio of 3.64 and a beta of 1.15. The firm’s 50 day simple moving average is $5.15 and its 200-day simple moving average is $5.27. Oxford Lane Capital has a one year low of $4.95 and a one year high of $5.78.

Oxford Lane Capital Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a dividend of $0.09 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 21.22%. The ex-dividend date is Monday, June 16th. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 74.29%.

About Oxford Lane Capital

(Get Free Report)

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.