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

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

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 Stock Up 1.9%

Shares of Oxford Square Capital stock traded up $0.04 during midday trading on Wednesday, hitting $1.85. The company had a trading volume of 1,705,291 shares, compared to its average volume of 1,327,687. The stock has a market cap of $161.46 million, a price-to-earnings ratio of -7.10 and a beta of 0.45. The company has a fifty day simple moving average of $1.80 and a 200 day simple moving average of $1.83. Oxford Square Capital has a 12-month low of $1.56 and a 12-month high of $2.56.

Oxford Square Capital Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a $0.035 dividend. This represents a c) annualized dividend and a dividend yield of 22.8%. The ex-dividend date of this dividend is Tuesday, June 16th. Oxford Square Capital’s dividend payout ratio (DPR) is presently -161.54%.

Hedge Funds Weigh In On Oxford Square Capital

Several hedge funds and other institutional investors have recently modified their holdings of OXSQ. Dynamic Technology Lab Private Ltd purchased a new position in shares of Oxford Square Capital in the 1st quarter valued at approximately $28,000. StoneX Group Inc. purchased a new position in shares of Oxford Square Capital in the 4th quarter valued at approximately $29,000. Susquehanna International Group LLP purchased a new position in shares of Oxford Square Capital in the 3rd quarter valued at approximately $63,000. Virtu Financial LLC purchased a new position in shares of Oxford Square Capital in the 3rd quarter valued at approximately $119,000. Finally, CANADA LIFE ASSURANCE Co raised its position in shares of Oxford Square Capital by 72.3% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 97,936 shares of the company’s stock valued at $155,000 after purchasing an additional 41,105 shares during the last quarter. 6.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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