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

Oxford Square Capital (NASDAQ:OXSQ) announced its earnings results on Friday. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01, Zacks reports. Oxford Square Capital had a negative net margin of 10.48% and a positive return on equity of 18.58%. The company had revenue of $10.16 million during the quarter, compared to analysts’ expectations of $9.90 million. During the same quarter in the previous year, the business posted $0.11 earnings per share.

Oxford Square Capital Trading Up 4.5 %

Oxford Square Capital stock opened at $2.55 on Friday. The stock has a 50-day moving average price of $2.61 and a 200 day moving average price of $2.68. Oxford Square Capital has a 52 week low of $2.28 and a 52 week high of $3.29. The stock has a market cap of $177.96 million, a PE ratio of -25.50 and a beta of 0.71.

Oxford Square Capital Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th will be given a $0.035 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend yield of 16.94%. Oxford Square Capital’s dividend payout ratio is currently 420.00%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Saturday.

Oxford Square Capital Company Profile

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. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.