Financial Services -
Asset Management - NASDAQ - US
$ 24.12
-0.331 %
$ 8.7 B
Market Cap
27.69
P/E
1. INTRINSIC VALUE
Balance Sheet
Oxford Lane Capital Corp.
| Current Assets | 71.4 M |
| Cash & Short-Term Investments | 43 M |
| Receivables | 28.5 M |
| Other Current Assets | 0 |
| Non-Current Assets | 1.68 B |
| Long-Term Investments | 1.68 B |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 0 |
| Accounts Payable | 2.42 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | -2.42 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Oxford Lane Capital Corp.
| Revenue | 291 M |
| Cost Of Revenue | 77.5 M |
| Gross Profit | 213 M |
| Operating Expenses | 11.6 M |
| Operating Income | 268 M |
| Other Expenses | 32.9 M |
| Net Income | 235 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Oxford Lane Capital Corp.
| Net Income | 235 M |
| Depreciation & Amortization | 1 |
| Capital Expenditures | -4 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 1.7 M |
| Others | -359 M |
| Free Cash Flow | -124 M |
Wall Street Analysts Price Targets
Oxford Lane Capital Corp.
OXLCP has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
9.64%
DIVIDEND YIELD
0.13 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Oxford Lane Capital Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Mar 10, 2023
|
Bought
31.1 K USD
|
Ashenfelter Mark Jeffrey
Director
|
+ 6000
|
5.1788 USD |
|
14 years ago
Jan 25, 2011
|
Bought
3.2 M USD
|
ROYCE CHARLES M
|
+ 160000
|
20 USD |
7. News
Oxford Lane Capital: Fundamental Issues Aside, Rate Cuts Are A Tailwind (Upgrade)
OXLC's operating cash flow profile has worsened and equity raises continue. I am skeptical about the above-NAV raise, below-par CLO investment strategy as investment fair values are still below cost. Long term, OXLC returns have been poor; eroding 11% of NAV value and 4% of dividends value every year from 2011 - 2024. OXLC's NAV is steady over the past few quarters but OXLC is trading at a premium to it, which makes it difficult for me to have a constructive view.
seekingalpha.com
- 1 month ago
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 on average for CEFs this year has kept me from wanting to get too aggressive. That said, I think there are still some opportunities for adding and worth putting capital to work more cautiously.
seekingalpha.com
- 2 months ago
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) (the “Company”) today announced the following net asset value (“NAV”) estimate as of October 31, 2024.
globenewswire.com
- 2 months ago
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 Kupka - Managing Director Conference Call Participants Erik Zwick - Lucid Capital Markets Operator Hello everyone and welcome to Oxford Lane Capital Corp announcing the net asset value and selected financial results for the Second Fiscal Quarter. My name is Lydia and I'll be your operator today.
seekingalpha.com
- 3 months ago
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) announced today that it will hold a conference call to discuss its second fiscal quarter earnings on Friday, November 1, 2024 at 9:00 AM ET. The toll-free dial-in number is 1-833-470-1428, access code number 436588. There will be a recorded replay of the call available for 30 days after the call. If you are interested in hearing the recording, please dial 1-866-813-9403. The replay pass-code number is 813197.
globenewswire.com
- 3 months ago
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 yields rose, but year-to-date returns remain strong, outperforming REITs and BDCs. Lower-priced preferreds offer better capital gain potential and are more attractive due to lower negative convexity compared to higher-priced counterparts.
seekingalpha.com
- 3 months ago
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 valuation changes can significantly affect portfolio wealth. BDCs, despite holding floating-rate assets, offer high dividend coverage and income diversification, making them attractive even in a rate-cutting cycle.
seekingalpha.com
- 4 months ago
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 Morgan Stanley and Regions Financial Corporation also priced new preferred stock offerings. Investors can buy new shares at wholesale prices through the OTC exchange, track past preferred stock IPOs below par, and stay updated on the current marketplace offerings.
seekingalpha.com
- 6 months ago
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 Rubin - CFO Saul Rosenthal - President Joe Kupka - Managing Director Conference Call Participants Mickey Schleien - Ladenburg Erik Zwick - Lucid Capital Markets Operator Hello all, and welcome to Oxford Lane Capital Corp's First Fiscal Quarter Earnings Call. My name is Lydia, and I will be your operator today.
seekingalpha.com
- 6 months ago
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,” the “Company,” “we,” “us” or “our”) announced today the following financial results and related information:
globenewswire.com
- 6 months ago
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 Treasury yields and stable median yield-to-worst below 7%. Corporate bond yields stand at lowest levels in 2 years, prompting new issuance from across the space.
seekingalpha.com
- 6 months ago
CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment.
seekingalpha.com
- 7 months ago
8. Profile
Summary
Oxford Lane Capital Corp. OXLCP
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 8.7 B
Dividend Yield
9.64%
Description
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.
Contact
Eight Sound Shore Drive, Greenwich, CT, 06830
https://www.oxfordlanecapital.com
IPO
Date
Feb. 6, 2020
Employees
None
Officers
Mr. Saul Barak Rosenthal J.D.
President & Interested Director
Ms. Kristin Paul
Director of Operations
Mr. Joseph Kupka
Managing Director of Oxford Funds, LLC
Mr. Bruce Lawrence Rubin
Corporate Secretary, Chief Accounting Officer, Treasurer & Chief Financial Officer
Mr. Fabian Giudici
Head of Information Technology
Mr. Vincent Gurrera
Controller & Vice President of Finance
Mr. Gerald Richard Cummins
Chief Compliance Officer
Mr. Kevin P. Yonon
MD & Portfolio Manager
Mr. Jonathan H. Cohen
Chief Executive Officer & Interested Director