Oxford Lane Capital (OXLC) Receiving Somewhat Favorable News Coverage, Analysis Finds
News stories about Oxford Lane Capital (NASDAQ:OXLC) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oxford Lane Capital earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 47.3839977649469 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Head-To-Head Review: Oxford Lane Capital (OXLC) vs. Harvest Capital Credit (HCAP) (americanbankingnews.com)
- Comparing WhiteHorse Finance (WHF) and Oxford Lane Capital (OXLC) (americanbankingnews.com)
- Oxford Lane Capital Corp (OXLC) to Issue $0.14 Monthly Dividend (americanbankingnews.com)
- Oxford Lane Capital Corp Declares Monthly Dividend of $0.14 (OXLC) (americanbankingnews.com)
- Oxford Lane Capital Corp (OXLC) Declares Dividend Increase – $0.14 Per Share (americanbankingnews.com)
Shares of Oxford Lane Capital (OXLC) opened at $9.82 on Wednesday. The stock has a market capitalization of $236.87, a PE ratio of 7.17 and a beta of 1.01. Oxford Lane Capital has a 1 year low of $9.11 and a 1 year high of $11.65.
The company also recently announced a monthly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 22nd will be given a $0.135 dividend. The ex-dividend date is Wednesday, March 21st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 16.50%. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 116.79%.
Several research analysts have recently issued reports on OXLC shares. Zacks Investment Research raised Oxford Lane Capital from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating and set a $11.00 price objective (up from $10.25) on shares of Oxford Lane Capital in a research report on Thursday, October 5th.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return and seeks to achieve its investment objective by investing in structured finance investments, specifically collateralized loan obligation (CLO) vehicles, which primarily own senior corporate debt securities.
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with Analyst Ratings Network's FREE daily email newsletter.