Oxbridge Re (NASDAQ:OXBR) Posts Earnings Results, Meets Estimates

Oxbridge Re (NASDAQ:OXBR) issued its quarterly earnings data on Monday. The insurance provider reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05), FiscalAI reports. Oxbridge Re had a return on equity of 2.14% and a net margin of 4.71%. The firm had revenue of $0.26 million during the quarter, compared to analyst estimates of $0.40 million.

Here are the key takeaways from Oxbridge Re’s conference call:

• Third-quarter net loss widened to $421,000 from $187,000 a year earlier, while net premiums earned fell to $86,000 from $555,000 as the company deployed less capital. The quarterly expense and combined ratios rose to 752.3%, largely reflecting the lower premium base.
• For the first nine months, net loss narrowed to $223,000 from $2.19 million, with no underwriting losses recorded versus a full-limit loss in the prior-year period. Cash and restricted cash increased to $19.5 million from $6.9 million at year-end, though the nine-month combined ratio remained above 100% at 185.8%.
• SurancePlus completed five reinsurance token offerings for the 2026–2027 treaty year, generating about $7.1 million in gross proceeds; three offerings tied to HCI Group and Fortex Re were its first involving third-party-originated reinsurance. Management said Hurricane Isaias was expected to affect HCI’s Series B offering, which it reported was still profitable as of October 21.
• AI GridWorks is evaluating data-center sites, utility power availability, and approvals, with a focus on 10–100 MW projects targeting power in 2027; no specific project or construction start was announced. Management said tokenization could be one financing option alongside traditional capital, but projects remain at an early planning stage.

Oxbridge Re Price Performance

Shares of Oxbridge Re stock traded up $0.03 during trading hours on Monday, reaching $0.90. The company’s stock had a trading volume of 6,131 shares, compared to its average volume of 222,842. The firm has a 50 day moving average price of $1.14 and a 200-day moving average price of $1.10. Oxbridge Re has a one year low of $0.65 and a one year high of $1.86. The stock has a market cap of $7.33 million, a P/E ratio of 45.03 and a beta of 2.05.

Analyst Upgrades and Downgrades

OXBR has been the topic of a number of research analyst reports. Weiss Ratings upgraded Oxbridge Re from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. Zacks Research upgraded Oxbridge Re from a “strong sell” rating to a “hold” rating in a report on Friday, October 16th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $3.00.

About Oxbridge Re

Oxbridge Re Holdings Limited is a specialty reinsurance holding company listed on the Nasdaq Capital Market under the symbol OXBR. The company conducts its reinsurance activities primarily through Oxbridge Reinsurance Limited, a Bermuda-based subsidiary, and focuses on providing collateralized property catastrophe reinsurance.

Its coverage is designed to protect insurance companies against losses from major natural-catastrophe events, including hurricanes and other severe weather-related disasters.