Oxford Industries, Inc. (NYSE:OXM – Get Free Report)’s stock price fell 3.7% during mid-day trading on Thursday . The company traded as low as $39.40 and last traded at $39.29. 42,327 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 433,801 shares. The stock had previously closed at $40.79.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on OXM shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Oxford Industries in a report on Wednesday, October 8th. Truist Financial raised their target price on shares of Oxford Industries from $47.00 to $50.00 and gave the stock a “hold” rating in a research report on Thursday, September 11th. Telsey Advisory Group reiterated a “market perform” rating and issued a $52.00 price target on shares of Oxford Industries in a report on Friday. UBS Group reduced their price target on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 27th. Finally, Citigroup upgraded Oxford Industries from a “sell” rating to a “neutral” rating and decreased their price objective for the stock from $44.00 to $35.00 in a report on Tuesday, November 25th. Six research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Oxford Industries presently has an average rating of “Reduce” and a consensus price target of $52.60.
Check Out Our Latest Report on Oxford Industries
Oxford Industries Stock Up 2.3%
Oxford Industries (NYSE:OXM – Get Free Report) last announced its quarterly earnings data on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.05. The company had revenue of $403.10 million during the quarter, compared to analysts’ expectations of $406.14 million. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.77 EPS. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS and its Q3 2025 guidance at -1.050–0.85 EPS. Sell-side analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.
Oxford Industries Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 17th were issued a $0.69 dividend. The ex-dividend date was Friday, October 17th. This represents a $2.76 annualized dividend and a yield of 6.8%. Oxford Industries’s dividend payout ratio (DPR) is presently 74.59%.
Institutional Investors Weigh In On Oxford Industries
Several institutional investors have recently bought and sold shares of the business. CIBC Bancorp USA Inc. bought a new stake in shares of Oxford Industries in the 3rd quarter worth about $305,000. WBI Investments LLC acquired a new stake in shares of Oxford Industries during the third quarter worth approximately $394,000. PharVision Advisers LLC bought a new position in shares of Oxford Industries in the third quarter valued at approximately $216,000. Polymer Capital Management US LLC boosted its holdings in shares of Oxford Industries by 15.3% in the 3rd quarter. Polymer Capital Management US LLC now owns 21,530 shares of the textile maker’s stock worth $873,000 after acquiring an additional 2,855 shares in the last quarter. Finally, Quarry LP bought a new stake in Oxford Industries during the 3rd quarter worth approximately $38,000. 91.16% of the stock is currently owned by hedge funds and other institutional investors.
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.
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