Analysts Issue Forecasts for OXM FY2027 Earnings

Oxford Industries, Inc. (NYSE:OXM) – Investment analysts at Telsey Advisory Group issued their FY2027 EPS estimates for shares of Oxford Industries in a note issued to investors on Friday, March 28th. Telsey Advisory Group analyst D. Telsey expects that the textile maker will post earnings of $5.47 per share 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 research firms have also recently weighed in on OXM. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research report on Friday. UBS Group lowered their price objective on shares of Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a research note on Friday.

Oxford Industries Price Performance

Shares of Oxford Industries stock opened at $58.85 on Monday. The stock has a market capitalization of $923.93 million, a price-to-earnings ratio of 66.12 and a beta of 1.61. The firm has a fifty day simple moving average of $69.20 and a 200-day simple moving average of $76.45. Oxford Industries has a 1-year low of $53.23 and a 1-year high of $111.46. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09.

Oxford Industries (NYSE:OXM) last posted its earnings results 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 company had revenue of $390.51 million for the quarter, compared to analyst estimates of $383.94 million. During the same period last year, the company earned $1.90 earnings per share. The business’s revenue was down 3.4% compared to the same quarter last year.

Institutional Investors Weigh In On Oxford Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OXM. Intech Investment Management LLC bought a new stake in shares of Oxford Industries during the 3rd quarter valued at $502,000. Charles Schwab Investment Management Inc. lifted its position in Oxford Industries by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 568,234 shares of the textile maker’s stock valued at $49,300,000 after acquiring an additional 25,619 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Oxford Industries by 25.6% in the third quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock valued at $923,000 after purchasing an additional 2,167 shares in the last quarter. FMR LLC grew its holdings in shares of Oxford Industries by 36.8% during the third quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock worth $78,633,000 after buying an additional 244,022 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in Oxford Industries in the 3rd quarter valued at approximately $575,000. Institutional investors and hedge funds own 91.16% of the company’s stock.

Insider Activity

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were 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 in the company, valued at $146,112.52. The trade was a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.70% of the stock is owned by corporate insiders.

Oxford Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 4.69%. 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 dividend payout ratio is 47.02%.

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.