Shares of Oxford Industries Inc. (NYSE:OXM) have been assigned an average recommendation of “Buy” from the nine ratings firms that are currently covering the stock. One research analyst has rated the stock with a sell recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $82.14.

Several research firms have weighed in on OXM. Citigroup Inc. began coverage on Oxford Industries in a research note on Tuesday, November 15th. They issued a “buy” rating and a $84.00 target price on the stock. B. Riley reissued a “buy” rating and issued a $75.00 target price on shares of Oxford Industries in a research note on Sunday, September 4th. Zacks Investment Research raised Oxford Industries from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research note on Saturday, September 3rd. DA Davidson reissued a “buy” rating and issued a $81.00 target price on shares of Oxford Industries in a research note on Thursday, September 22nd. Finally, Credit Agricole SA began coverage on Oxford Industries in a research note on Wednesday, September 28th. They issued an “outperform” rating and a $78.00 target price on the stock.

Shares of Oxford Industries (NYSE:OXM) opened at 73.80 on Friday. Oxford Industries has a 52 week low of $52.54 and a 52 week high of $77.99. The company has a 50 day moving average price of $65.05 and a 200 day moving average price of $62.59. The company has a market cap of $1.24 billion, a PE ratio of 20.59 and a beta of 0.47.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, August 31st. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.10. The business had revenue of $283 million for the quarter. Oxford Industries had a return on equity of 18.08% and a net margin of 5.95%. Oxford Industries’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.32 EPS. On average, equities analysts expect that Oxford Industries will post $3.73 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 28th. Stockholders of record on Friday, October 14th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend was Wednesday, October 12th. Oxford Industries’s dividend payout ratio is currently 30.25%.

In related news, insider James Wesley Howard, Jr. sold 2,500 shares of the stock in a transaction dated Friday, September 23rd. The stock was sold at an average price of $69.81, for a total transaction of $174,525.00. Following the completion of the transaction, the insider now directly owns 10,680 shares in the company, valued at $745,570.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.18% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan increased its position in Oxford Industries by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 4,360 shares of the company’s stock worth $295,000 after buying an additional 60 shares during the last quarter. PineBridge Investments L.P. increased its position in Oxford Industries by 4.9% in the second quarter. PineBridge Investments L.P. now owns 1,870 shares of the company’s stock worth $106,000 after buying an additional 88 shares during the last quarter. Texas Permanent School Fund increased its position in Oxford Industries by 0.8% in the third quarter. Texas Permanent School Fund now owns 11,369 shares of the company’s stock worth $770,000 after buying an additional 94 shares during the last quarter. Louisiana State Employees Retirement System increased its position in Oxford Industries by 1.5% in the third quarter. Louisiana State Employees Retirement System now owns 6,600 shares of the company’s stock worth $447,000 after buying an additional 100 shares during the last quarter. Finally, Arizona State Retirement System increased its position in Oxford Industries by 1.3% in the third quarter. Arizona State Retirement System now owns 7,755 shares of the company’s stock worth $525,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 86.31% of the company’s stock.

Oxford Industries Company Profile

Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama and Lilly Pulitzer lifestyle brands, as well as certain licensed and private label apparel products. The Company’s business is primarily operated through its Tommy Bahama, Lilly Pulitzer and Lanier Apparel operating groups.

5 Day Chart for NYSE:OXM

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