| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
OXSQ Stock Overview
Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company.
Oxford Square Capital Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.18 |
| 52 Week High | US$5.22 |
| 52 Week Low | US$3.43 |
| Beta | 1.29 |
| 1 Month Change | 10.00% |
| 3 Month Change | 0.24% |
| 1 Year Change | 16.76% |
| 3 Year Change | -34.07% |
| 5 Year Change | -38.17% |
| Change since IPO | -72.13% |
Recent News & Updates
Oxford Square Capital Corp: Not A Safe Choice For Income Investors, Just Yet
Oxford Square Capital Corp is heading for a difficult 2022 due to its risky investment portfolio and likely shrinking profit margins. A 9.57% dividend yield and a 17-year consecutive dividend history seems like a dream for income investors, but data shows otherwise. For an investor looking for stable and secure dividend income, OXSQ is not among the safest choices.
Shareholder Returns
| OXSQ | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -4.6% | -5.5% | -4.6% |
| 1Y | 16.8% | 24.6% | 7.7% |
Return vs Industry: OXSQ underperformed the US Capital Markets industry which returned 25.7% over the past year.
Return vs Market: OXSQ exceeded the US Market which returned 10.2% over the past year.
Price Volatility
| OXSQ volatility | |
|---|---|
| OXSQ Average Weekly Movement | 3.1% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: OXSQ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: OXSQ's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | Jonathan Cohen | https://www.oxfordsquarecapital.com |
Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies.
Oxford Square Capital Fundamentals Summary
| OXSQ fundamental statistics | |
|---|---|
| Market Cap | US$207.56m |
| Earnings (TTM) | US$79.22m |
| Revenue (TTM) | US$35.64m |
2.6x
P/E Ratio5.8x
P/S RatioIs OXSQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OXSQ income statement (TTM) | |
|---|---|
| Revenue | US$35.64m |
| Cost of Revenue | US$0 |
| Gross Profit | US$35.64m |
| Expenses | -US$43.58m |
| Earnings | US$79.22m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.60 |
| Gross Margin | 100.00% |
| Net Profit Margin | 222.30% |
| Debt/Equity Ratio | 74.2% |
How did OXSQ perform over the long term?
See historical performance and comparisonDividends
10.0%
Current Dividend Yield26%
Payout RatioDoes OXSQ pay a reliable dividends?
See OXSQ dividend history and benchmarks| Oxford Square Capital dividend dates | |
|---|---|
| Ex Dividend Date | Feb 11 2022 |
| Dividend Pay Date | Feb 28 2022 |
| Days until Ex dividend | 22 days |
| Days until Dividend pay date | 39 days |
Does OXSQ pay a reliable dividends?
See OXSQ dividend history and benchmarksValuation
Is Oxford Square Capital undervalued compared to its fair value and its price relative to the market?
2.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate OXSQ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate OXSQ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: OXSQ is good value based on its PE Ratio (2.6x) compared to the US Capital Markets industry average (15.5x).
PE vs Market: OXSQ is good value based on its PE Ratio (2.6x) compared to the US market (17x).
Price to Earnings Growth Ratio
PEG Ratio: OXSQ's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: OXSQ is good value based on its PB Ratio (0.8x) compared to the US Capital Markets industry average (42.2x).
Future Growth
How is Oxford Square Capital forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-91.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OXSQ's earnings are forecast to decline over the next 3 years (-91.3% per year).
Earnings vs Market: OXSQ's earnings are forecast to decline over the next 3 years (-91.3% per year).
High Growth Earnings: OXSQ's earnings are forecast to decline over the next 3 years.
Revenue vs Market: OXSQ's revenue (15.3% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: OXSQ's revenue (15.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if OXSQ's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Oxford Square Capital performed over the past 5 years?
-25.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OXSQ has a high level of non-cash earnings.
Growing Profit Margin: OXSQ became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: OXSQ's earnings have declined by 25.2% per year over the past 5 years.
Accelerating Growth: OXSQ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OXSQ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (86.4%).
Return on Equity
High ROE: OXSQ's Return on Equity (31.7%) is considered high.
Financial Health
How is Oxford Square Capital's financial position?
Financial Position Analysis
Short Term Liabilities: OXSQ's short term assets ($22.8M) exceed its short term liabilities ($9.9M).
Long Term Liabilities: OXSQ's short term assets ($22.8M) do not cover its long term liabilities ($185.1M).
Debt to Equity History and Analysis
Debt Level: OXSQ's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: OXSQ's debt to equity ratio has reduced from 85.6% to 74.2% over the past 5 years.
Debt Coverage: OXSQ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OXSQ's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Dividend
What is Oxford Square Capital current dividend yield, its reliability and sustainability?
10.05%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: OXSQ's dividend (10.05%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: OXSQ's dividend (10.05%) is in the top 25% of dividend payers in the US market (3.48%)
Stability and Growth of Payments
Stable Dividend: OXSQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: OXSQ's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.3%), OXSQ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Jonathan Cohen (56 yo)
19yrs
Tenure
Mr. Jonathan Harris Cohen serves as the Chief Executive Officer at Oxford Square Management, LLC. He has been the Chief Executive Officer of Oxford Square Capital Corp. (formerly, TICC Capital Corp.) since...
Leadership Team
Experienced Management: OXSQ's management team is seasoned and experienced (6.6 years average tenure).
Board Members
Experienced Board: OXSQ's board of directors are seasoned and experienced ( 19 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OXSQ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Oxford Square Capital Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Oxford Square Capital Corp.
- Ticker: OXSQ
- Exchange: NasdaqGS
- Founded: 2003
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$207.559m
- Shares outstanding: 49.66m
- Website: https://www.oxfordsquarecapital.com
Location
- Oxford Square Capital Corp.
- 8 Sound Shore Drive
- Suite 255
- Greenwich
- Connecticut
- 6830
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:42 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.