Research Analysts Set Expectations for OXM FY2027 Earnings

Oxford Industries, Inc. (NYSE:OXM) – Equities research analysts at KeyCorp issued their FY2027 EPS estimates for shares of Oxford Industries in a report issued on Thursday, March 27th. KeyCorp analyst A. Owens expects that the textile maker will post earnings per share of $5.64 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.

OXM has been the subject of a number of other reports. Telsey Advisory Group lowered their price target 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. UBS Group lowered their target price on shares of Oxford Industries from $66.00 to $57.00 and set a “neutral” rating for the company in a research note on Friday, March 28th.

Oxford Industries Trading Up 1.2 %

Shares of OXM stock opened at $59.36 on Monday. The company has a market capitalization of $931.93 million, a price-to-earnings ratio of 66.69 and a beta of 1.61. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $68.69 and a 200 day moving average price of $76.27. Oxford Industries has a twelve month low of $53.23 and a twelve month high of $111.46.

Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, topping 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 company had revenue of $390.51 million during the quarter, compared to the consensus estimate of $383.94 million. During the same quarter last year, the business posted $1.90 earnings per share. Oxford Industries’s revenue was down 3.4% compared to the same quarter last year.

Institutional Investors Weigh In On Oxford Industries

Institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its holdings in shares of Oxford Industries by 981.6% in the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock worth $32,000 after purchasing an additional 373 shares during the period. Blue Trust Inc. increased its position in Oxford Industries by 27.6% during the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock worth $64,000 after purchasing an additional 160 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in Oxford Industries in the fourth quarter valued at approximately $63,000. Vestcor Inc purchased a new position in Oxford Industries in the fourth quarter valued at approximately $100,000. Finally, M&T Bank Corp acquired a new position in Oxford Industries during the third quarter valued at approximately $206,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Insider Buying and Selling

In related news, SVP Tracey Hernandez sold 1,250 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total value of $108,650.00. Following the transaction, the senior vice president now directly owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The sale 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.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.69 per share. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.67. This represents a $2.76 annualized dividend and a dividend yield of 4.65%. The ex-dividend date is Thursday, April 17th. Oxford Industries’s dividend payout ratio is presently 47.02%.

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.