Oxford Square Capital (NASDAQ:OXSQ) Issues Quarterly Earnings Results

Oxford Square Capital (NASDAQ:OXSQ) announced its quarterly earnings data on Wednesday. The company reported ($0.29) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.35), FiscalAI reports. Oxford Square Capital had a positive return on equity of 14.80% and a negative net margin of 46.44%.The company had revenue of ($23.52) million during the quarter, compared to the consensus estimate of $10.03 million.

Here are the key takeaways from Oxford Square Capital’s conference call:

• Oxford Square’s Net Asset Value per share fell to $1.32 (from $1.69) and Net Investment Income declined to ~$4.1M ($0.05/share) versus ~$5.4M ($0.07) last quarter, indicating quarter?over?quarter deterioration.
• The company recorded combined net unrealized and realized losses of $29.7 million (~$0.34/share) for the quarter, up from ~$18.3 million the prior quarter, which heavily impacted results.
• Oxford Square issued ~7.2 million common shares through an at?the?market offering, generating net proceeds of ~$12.3M, providing capital but causing dilution to existing shareholders.
• The board declared monthly distributions of $0.035 per share for July, August and September 2026, signaling continued shareholder payouts.
• Management noted weaker U.S. loan market conditions—loan prices fell, default and distress ratios rose, and loan fund outflows were roughly $5.1B—creating headwinds for the firm’s leveraged?loan exposure.

Oxford Square Capital Price Performance

NASDAQ:OXSQ traded up $0.03 on Wednesday, reaching $1.84. 1,434,059 shares of the company’s stock were exchanged, compared to its average volume of 1,324,379. The firm has a market cap of $160.58 million, a price-to-earnings ratio of -7.06 and a beta of 0.45. Oxford Square Capital has a 52 week low of $1.56 and a 52 week high of $2.56. The stock has a fifty day simple moving average of $1.80 and a 200-day simple moving average of $1.83.

Oxford Square Capital Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a dividend of $0.035 per share. This represents a c) dividend on an annualized basis and a yield of 22.9%. The ex-dividend date is Tuesday, June 16th. Oxford Square Capital’s dividend payout ratio (DPR) is currently -161.54%.

Hedge Funds Weigh In On Oxford Square Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc boosted its position in Oxford Square Capital by 4.5% during the second quarter. Legal & General Group Plc now owns 468,312 shares of the company’s stock worth $1,042,000 after purchasing an additional 20,205 shares during the period. Virtu Financial LLC bought a new position in Oxford Square Capital during the third quarter worth about $119,000. Susquehanna International Group LLP bought a new position in Oxford Square Capital during the third quarter worth about $63,000. Jane Street Group LLC boosted its position in Oxford Square Capital by 68.0% during the second quarter. Jane Street Group LLC now owns 130,609 shares of the company’s stock worth $291,000 after purchasing an additional 52,857 shares during the period. Finally, Squarepoint Ops LLC boosted its position in shares of Oxford Square Capital by 167.2% in the third quarter. Squarepoint Ops LLC now owns 512,153 shares of the company’s stock valued at $814,000 after acquiring an additional 320,467 shares during the period. Institutional investors own 6.44% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Square Capital in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

About Oxford Square Capital

Oxford Square Capital Corp. (NASDAQ:OXSQ) is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Chartered as a closed-end management investment company, Oxford Square Capital seeks to generate current income and capital appreciation by investing primarily in secured loans, mezzanine debt and equity co-investments. The firm targets businesses with established cash flows, offering tailored capital structures designed to support growth, recapitalizations and acquisitions.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, subordinated debt and preferred and common equity stakes.