Oxbridge Re (NASDAQ:OXBR – Get Free Report) issued its earnings results on Thursday. The insurance provider reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01), FiscalAI reports. The business had revenue of $0.94 million for the quarter, compared to the consensus estimate of $1.10 million. Oxbridge Re had a negative net margin of 76.47% and a negative return on equity of 33.33%.
Here are the key takeaways from Oxbridge Re’s conference call:
- Oxbridge returned to profitability, reporting second-quarter net income of $176,000, or $0.02 per share, versus a $1.87 million loss in the prior-year quarter. The improvement was driven by no underwriting losses, higher SurancePlus management-fee income, and lower professional fees and compensation.
- SurancePlus expanded beyond Oxbridge-originated reinsurance by closing five tokenized offerings, including three third-party opportunities from HCI Group and Fortex Re, raising $7.1 million in aggregate gross proceeds. Prior-year offerings exceeded their targeted annual returns, although the newer return targets assume no underwriting losses.
- Net premiums earned declined to $368,000 in the quarter and $924,000 for the first six months, versus $582,000 and $1.1 million, respectively, a result of lower weighted-average rates and less capital deployed into reinsurance contracts.
- Oxbridge launched AI GridWorks to develop, own, and operate 10- to 100-megawatt AI data centers, initially targeting the southeastern U.S. The company sees multiple monetization and financing options—including selling entitled, powered land, leasing data-center capacity, operating facilities, and eventually tokenizing interests—but the initiative remains in the development stage.
- Restricted cash and cash equivalents increased to $19.82 million as of June 30, 2026, from $6.98 million at year-end 2025, reflecting new tokenized-security investments, released collateral, and premium deposits.
Oxbridge Re Trading Up 9.2%
OXBR traded up $0.12 during mid-day trading on Friday, hitting $1.42. The stock had a trading volume of 91,047 shares, compared to its average volume of 301,485. The stock’s fifty day simple moving average is $1.26 and its 200-day simple moving average is $1.07. The firm has a market capitalization of $11.50 million, a price-to-earnings ratio of -5.64 and a beta of 1.94. Oxbridge Re has a 1-year low of $0.66 and a 1-year high of $2.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 8.15 and a quick ratio of 8.15.
Analysts Set New Price Targets
View Our Latest Analysis on Oxbridge Re
Institutional Trading of Oxbridge Re
An institutional investor recently raised its stake in Oxbridge Re stock. J.W. Cole Advisors Inc. boosted its holdings in shares of Oxbridge Re Holdings Limited (NASDAQ:OXBR – Free Report) by 106.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,000 shares of the insurance provider’s stock after acquiring an additional 35,000 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.89% of Oxbridge Re worth $90,000 as of its most recent filing with the Securities and Exchange Commission. 5.64% of the stock is currently owned by hedge funds and other institutional investors.
About Oxbridge Re
Oxbridge Re Holdings Limited (NASDAQ: OXBR) is a reinsurance holding company that provides capital solutions and risk-sharing arrangements to insurance carriers. Its core business centers on offering treaty reinsurance and structured transactions designed to help insurers manage underwriting exposures and optimize their capital efficiency. By leveraging tailored financing structures, Oxbridge Re enables clients to transfer segments of their in-force life and health insurance portfolios, freeing up capital for growth or other strategic initiatives.
The company’s products and services include quota share reinsurance, coinsurance, and loss portfolio transfers, each crafted to address specific balance sheet and earnings targets of cedents.
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