Oxford Industries, Inc. (NYSE:OXM) Plans $0.70 Quarterly Dividend

Oxford Industries, Inc. (NYSE:OXM) announced a quarterly dividend on Wednesday, June 10th. Investors of record on Friday, July 17th will be given a dividend of 0.70 per share by the textile maker on Friday, July 31st. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, July 17th.

Oxford Industries has increased its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 5 consecutive years. Oxford Industries has a dividend payout ratio of 60.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Oxford Industries to earn $3.15 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 88.9%.

Oxford Industries Stock Up 1.6%

Oxford Industries stock opened at $43.84 on Thursday. The firm has a market cap of $652.79 million, a price-to-earnings ratio of -22.60 and a beta of 1.03. Oxford Industries has a 52 week low of $30.57 and a 52 week high of $55.76. The business’s 50-day moving average price is $42.87 and its 200 day moving average price is $39.36. The company has a quick ratio of 0.48, a current ratio of 1.10 and a debt-to-equity ratio of 0.23.

Oxford Industries (NYSE:OXM) last posted its earnings results on Wednesday, June 10th. The textile maker reported $1.39 EPS for the quarter, topping the consensus estimate of $1.27 by $0.12. The firm had revenue of $391.40 million for the quarter, compared to analyst estimates of $391.76 million. Oxford Industries had a positive return on equity of 5.68% and a negative net margin of 1.89%.Oxford Industries’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period last year, the company earned $1.82 earnings per share. Oxford Industries has set its FY 2026 guidance at 2.300-2.700 EPS and its Q2 2026 guidance at 1.200-1.400 EPS. As a group, sell-side analysts anticipate that Oxford Industries will post 2.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Zacks Research raised Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. BTIG Research reaffirmed a “neutral” rating on shares of Oxford Industries in a report on Thursday. Citigroup raised their target price on Oxford Industries from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Monday, March 30th. UBS Group upped their price target on Oxford Industries from $33.00 to $42.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Finally, Wall Street Zen raised Oxford Industries from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Seven equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Oxford Industries presently has an average rating of “Reduce” and a consensus target price of $40.75.

Oxford Industries Company Profile

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.