Brokers Issue Forecasts for OXM FY2027 Earnings

Oxford Industries, Inc. (NYSE:OXM) – Research analysts at KeyCorp issued their FY2027 earnings per share (EPS) estimates for shares of Oxford Industries in a research report issued to clients and investors on Thursday, March 27th. KeyCorp analyst A. Owens forecasts that the textile maker will post earnings of $5.64 per share for the year. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Oxford Industries’ current full-year earnings is $6.62 per share.

A number of other research firms have also commented on OXM. UBS Group cut their price objective on Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a research note on Friday. Telsey Advisory Group reduced their price objective on shares of Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a report on Monday, March 24th.

Oxford Industries Trading Down 5.8 %

Shares of OXM stock opened at $58.93 on Monday. The stock’s fifty day simple moving average is $69.73 and its 200 day simple moving average is $76.63. Oxford Industries has a twelve month low of $53.23 and a twelve month high of $111.46. The firm has a market capitalization of $925.26 million, a P/E ratio of 66.21 and a beta of 1.61. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09.

Oxford Industries (NYSE:OXM) last issued its earnings results on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, beating the consensus estimate of $1.28 by $0.09. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company had revenue of $390.51 million during the quarter, compared to analysts’ expectations of $383.94 million. During the same period in the previous year, the company earned $1.90 EPS. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year.

Hedge Funds Weigh In On Oxford Industries

Several institutional investors and hedge funds have recently bought and sold shares of OXM. Sanctuary Advisors LLC grew its stake in shares of Oxford Industries by 3.7% during the 4th quarter. Sanctuary Advisors LLC now owns 3,799 shares of the textile maker’s stock worth $328,000 after acquiring an additional 137 shares during the period. Blue Trust Inc. lifted its holdings in Oxford Industries by 27.6% during the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock valued at $64,000 after purchasing an additional 160 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Oxford Industries by 3.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker’s stock worth $664,000 after purchasing an additional 280 shares during the period. Truvestments Capital LLC increased its stake in shares of Oxford Industries by 15.6% in the fourth quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker’s stock worth $190,000 after purchasing an additional 326 shares in the last quarter. Finally, Inspire Investing LLC increased its stake in shares of Oxford Industries by 7.2% in the fourth quarter. Inspire Investing LLC now owns 5,089 shares of the textile maker’s stock worth $401,000 after purchasing an additional 343 shares in the last quarter. 91.16% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total transaction of $108,650.00. Following the completion of the sale, the senior vice president now owns 1,681 shares in the company, valued at $146,112.52. This trade represents a 42.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.70% of the stock is owned by insiders.

Oxford Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th will be paid a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 4.68%. This is a boost from Oxford Industries’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, April 17th. Oxford Industries’s payout ratio is presently 301.12%.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.