Research Analysts Issue Forecasts for OXM FY2027 Earnings

Oxford Industries, Inc. (NYSE:OXM) – Telsey Advisory Group issued their FY2027 earnings per share estimates for shares of Oxford Industries in a report issued on Friday, March 28th. Telsey Advisory Group analyst D. Telsey anticipates that the textile maker will post earnings per share of $5.47 for the year. Telsey Advisory Group has a “Market Perform” rating and a $68.00 price objective on the stock. The consensus estimate for Oxford Industries’ current full-year earnings is $6.62 per share.

Several other brokerages have also issued reports on OXM. UBS Group cut their price objective on shares of Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a report on Friday. KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a report on Friday.

Oxford Industries Trading Down 5.8 %

NYSE:OXM opened at $58.93 on Monday. The firm has a 50-day simple moving average of $69.73 and a 200-day simple moving average of $76.63. Oxford Industries has a one year low of $53.23 and a one year high of $111.46. The firm has a market cap of $925.26 million, a P/E ratio of 66.21 and a beta of 1.61. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.09. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The firm had revenue of $390.51 million during the quarter, compared to the consensus estimate of $383.94 million. During the same period in the previous year, the company posted $1.90 earnings per share. The firm’s quarterly revenue was down 3.4% on a year-over-year basis.

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be paid a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 4.68%. This is an increase from Oxford Industries’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Thursday, April 17th. Oxford Industries’s dividend payout ratio (DPR) is 301.12%.

Insiders Place Their Bets

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the sale, the senior vice president now directly owns 1,681 shares in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On Oxford Industries

Several hedge funds have recently modified their holdings of OXM. FMR LLC increased its stake in Oxford Industries by 36.8% during the 3rd quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock valued at $78,633,000 after purchasing an additional 244,022 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Oxford Industries by 13.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 849,973 shares of the textile maker’s stock worth $66,958,000 after buying an additional 103,253 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Oxford Industries by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 618,654 shares of the textile maker’s stock valued at $48,738,000 after buying an additional 50,420 shares during the last quarter. Wellington Management Group LLP raised its stake in Oxford Industries by 4.9% in the 4th quarter. Wellington Management Group LLP now owns 580,580 shares of the textile maker’s stock worth $45,738,000 after acquiring an additional 27,198 shares during the last quarter. Finally, State Street Corp raised its stake in Oxford Industries by 1.3% in the 3rd quarter. State Street Corp now owns 559,581 shares of the textile maker’s stock worth $48,549,000 after acquiring an additional 7,336 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.

Oxford Industries Company Profile

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.