NASDAQ:OXSQ - Oxford Square Capital Stock Price, Price Target & More

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$7.34 +0.05 (+0.69 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$7.29
Today's Range$7.30 - $7.40
52-Week Range$5.15 - $7.40
Volume210,530 shs
Average Volume232,764 shs
Market Capitalization$363.82 million
P/E Ratio12.27
Dividend Yield10.93%
Beta0.46
Oxford Square Capital logoTICC Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, and common stock. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. TICC Capital Corp., formerly known as Technology Investment Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:OXSQ
CUSIPN/A
Phone203-983-5275

Debt

Debt-to-Equity RatioN/A
Current Ratio0.79
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio12.27
Forward P/E RatioN/A
P/E Growth2.22

Sales & Book Value

Annual Sales$61.42 million
Price / Sales5.94
Cash Flow$0.5972 per share
Price / Cash12.29
Book Value$7.55 per share
Price / Book0.97

Profitability

EPS (Most Recent Fiscal Year)$0.60
Net Income$43.60 million
Net Margins73.85%
Return on Equity7.95%
Return on Assets5.85%

Miscellaneous

EmployeesN/A
Outstanding Shares49,700,000
Market Cap$363.82

Oxford Square Capital (NASDAQ:OXSQ) Frequently Asked Questions

What is Oxford Square Capital's stock symbol?

Oxford Square Capital trades on the NASDAQ under the ticker symbol "OXSQ."

How often does Oxford Square Capital pay dividends? What is the dividend yield for Oxford Square Capital?

Oxford Square Capital declared a quarterly dividend on Wednesday, May 2nd. Stockholders of record on Friday, June 15th will be paid a dividend of $0.20 per share on Friday, June 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.90%. The ex-dividend date of this dividend is Thursday, June 14th. View Oxford Square Capital's Dividend History.

How were Oxford Square Capital's earnings last quarter?

Oxford Square Capital Corp (NASDAQ:OXSQ) issued its earnings results on Tuesday, May, 1st. The company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.16 by $0.01. The company earned $13.35 million during the quarter, compared to analyst estimates of $13.15 million. Oxford Square Capital had a net margin of 73.85% and a return on equity of 7.95%. The firm's quarterly revenue was down 18.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.16 earnings per share. View Oxford Square Capital's Earnings History.

When is Oxford Square Capital's next earnings date?

Oxford Square Capital is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Oxford Square Capital.

What price target have analysts set for OXSQ?

2 brokerages have issued 12 month price targets for Oxford Square Capital's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Oxford Square Capital's share price to reach $5.00 in the next year. This suggests that the stock has a possible downside of 31.9%. View Analyst Ratings for Oxford Square Capital.

What is the consensus analysts' recommendation for Oxford Square Capital?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oxford Square Capital in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Oxford Square Capital stock?

Here are some recent quotes from research analysts about Oxford Square Capital stock:
  • 1. According to Zacks Investment Research, "Oxford Square Capital Corp. is a business development company principally investing in syndicated bank loans and debt and equity tranches of CLO vehicles. Oxford Square Capital Corp., formerly known as TICC Capital Corp., is based in Greenwich, United States. " (5/5/2018)
  • 2. National Securities analysts commented, "• OXSQ posted core NII/share of $0.15 for 1Q18 versus our estimate of $0.17. The miss was driven almost entirely by CLO equity additional estimated taxable (AETA) income coming in at -$1.1 million versus our estimate of $1.6 million.
    • GAAP effective yield on CLO equity at cost increased 30 bps Q/Q to 15.9% while cash yields cratered to 15.5% from 20.2% sequentially Q/Q. The adverse cash flow situation is likely the result of two factors: 1) called deals during the quarter, where these deals still generate meaningful GAAP yield but little cash and 2) refi/reset costs which have up-front cash costs during the quarter they are executed.
    • Core NII has not covered the dividend since 1Q17 although we expect that with increasing balance sheet leverage, favorable effect of refinances on yields, and our anticipation of loan market dislocation to occur sooner rather than later that dividend coverage should improve.
    • We continue to remain unclear on what exactly the strategy for OXSQ looks like going forward. Management is limited in their ability to make moves in its CLO equity investments as this has exceeded the 30% basket limitation. OXSQ got Board approval to increase statutory leverage but finished 3/31/18 with D/E of only 0.16x. On the last earnings call we asked about increasing balance sheet leverage and different financing options and did not receive a clear answer and on this quarter’s call somebody else asked a very similar question with the same opaque answer given.
    • We would like to know what kind of financing OXSQ is setting up and what the size of any facility or offering will be and whether the company will be seeking to increase its repurchase authorization now that it has increased statutory leverage.
    • We are revising our 2018 core NII/share estimate to $0.85 from $0.92 and our 2019 NII/share estimate to $0.89 from $0.96." (5/4/2018)

Are investors shorting Oxford Square Capital?

Oxford Square Capital saw a decline in short interest in the month of June. As of June 29th, there was short interest totalling 273,013 shares, a decline of 47.0% from the June 15th total of 515,385 shares. Based on an average daily volume of 204,651 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.6% of the company's shares are short sold. View Oxford Square Capital's Current Options Chain.

Who are some of Oxford Square Capital's key competitors?

Who are Oxford Square Capital's key executives?

Oxford Square Capital's management team includes the folowing people:
  • Mr. Jonathan H. Cohen, CEO & Interested Director (Age 53)
  • Mr. Saul Barak Rosenthal, Pres & COO (Age 49)
  • Mr. Bruce L. Rubin, CFO, Sr. VP, Treasurer, Sec. & Controller (Age 59)
  • Mr. Gerald Cummins, Chief Compliance Officer (Age 63)
  • Mr. Kevin P. Yonon, Managing Director of TICC Management LLC

Has Oxford Square Capital been receiving favorable news coverage?

News headlines about OXSQ stock have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oxford Square Capital earned a news impact score of 0.16 on Accern's scale. They also gave media stories about the company an impact score of 46.25 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Oxford Square Capital's major shareholders?

Oxford Square Capital's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.92%) and DnB Asset Management AS (0.29%). Company insiders that own Oxford Square Capital stock include George Stelljes III, Jonathan H Cohen, Richard W Neu, Saul B Rosenthal and Steven P Novak. View Institutional Ownership Trends for Oxford Square Capital.

Which institutional investors are buying Oxford Square Capital stock?

OXSQ stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can and DnB Asset Management AS. Company insiders that have bought Oxford Square Capital stock in the last two years include George Stelljes III, Jonathan H Cohen, Richard W Neu, Saul B Rosenthal and Steven P Novak. View Insider Buying and Selling for Oxford Square Capital.

How do I buy shares of Oxford Square Capital?

Shares of OXSQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Oxford Square Capital's stock price today?

One share of OXSQ stock can currently be purchased for approximately $7.34.

How big of a company is Oxford Square Capital?

Oxford Square Capital has a market capitalization of $363.82 million and generates $61.42 million in revenue each year. The company earns $43.60 million in net income (profit) each year or $0.60 on an earnings per share basis.

How can I contact Oxford Square Capital?

Oxford Square Capital's mailing address is 8 SOUND SHORE DRIVE SUITE 255, GREENWICH CT, 06830. The company can be reached via phone at 203-983-5275 or via email at [email protected]


MarketBeat Community Rating for Oxford Square Capital (NASDAQ OXSQ)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  11 (Vote Outperform)
Underperform Votes:  10 (Vote Underperform)
Total Votes:  21
MarketBeat's community ratings are surveys of what our community members think about Oxford Square Capital and other stocks. Vote "Outperform" if you believe OXSQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OXSQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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