Oxford Square Capital Corp. (OXSQ) AI Stock Analysis

Oxford Square Capital Corp., founded in 2003 and based in Greenwich, Connecticut, operates as a closed-end, non-diversified management investment company. The firm specializes in private equity and mezzanine investments, targeting companies with annual revenues under $200 million and enterprise values below $300 million. It invests between $5 million and $30 million per transaction across senior debt, subordinated debt, preferred and common stock, and syndicated bank loans. Its portfolio places a significant emphasis on technology-related industries, including computer software, internet services, telecommunications, semiconductors, and medical device technology, seeking both income generation and capital appreciation.

Oxford Square Capital's financial performance has shown considerable variance across fiscal years. In FY2024, revenue reached $42.7M with net income of $5.9M and an operating margin of 95.0%. However, in FY2025, revenue dropped to -$5.0M, reflecting a decline of 111.7%, alongside net income of -$18.7M. For the trailing twelve months ended June 30, 2026, revenue stood at $39.0M, but profit margin was -93.7% with an EPS of -$0.43. In the latest quarter ended June 30, 2026, quarterly revenue fell 1.3% year-over-year, while quarterly earnings dropped 32.8%.

As of June 30, 2026, Oxford Square Capital held $34.6M in cash and short-term investments against total debt of $152.1M, resulting in net debt of $117.5M. Total assets were $290.6M against shareholders' equity of $135.0M, yielding a debt-to-equity ratio of 1.13 and a current ratio of 226.06. In FY2025, the company generated operating cash flow and free cash flow of $18.3M while paying out $31.3M in dividends. Over five years, the company's share count increased by 100.0%.

Trading at $1.31 as of October 16, 2026, Oxford Square Capital holds a market capitalization of $141.1M and an enterprise value of $258.6M. The stock trades at a forward P/E of 5.6x, compared to the median of 10.8x for its US-listed Financial Services peers. Its price-to-sales multiple is 3.6x, above the peer median of 3.2x, while EV to revenue is 83.6x. Over the past year, the stock returned -7.1%, trailing the S&P 500 return of 16.8%, and its 5-year return of -24.4% lagged the index return of 83.0%.

Oxford Square Capital distributes a monthly dividend, with an annualized forward payout of $0.42 per share, representing a dividend yield of 32.06%. The payout ratio is 58.3%. While the company has paid dividends for 23 consecutive years, its annualized dividend growth over five years contracted by 7.3%. Its last ex-dividend date is recorded as December 17, 2026.

Wall Street coverage consists of 1 analyst holding a Hold rating, with 0 Buy and 0 Sell ratings. The mean price target is $1.75, which sits 33.6% above the last close of $1.31. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $37.6M and an EPS of $0.19, representing an EPS decline of 36.7%. The firm has beaten EPS estimates in 1 of the last 4 quarters, and its next earnings date is November 3, 2026.

This page is an AI-written research summary of Oxford Square Capital Corp. (OXSQ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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