Oxford Industries, Inc. (NYSE:OXM) to Issue $0.69 Quarterly Dividend

Key Points

• Oxford Industries, Inc. declared a quarterly dividend of $0.69 per share, with shareholders of record on October 17th set to receive it on October 31st, resulting in a yield of 5.4%.
• The company reported earnings of $1.26 per share, exceeding analysts' expectations, but experienced a 4.0% decline in revenue year-over-year, totaling $403.1 million.
• Despite the positive earnings report, analysts have mixed views, with recent price target adjustments and a consensus rating of "Reduce" driven by factors such as the debt-to-equity ratio of 0.20 and a current stock price of $51.48, up 27.4% on the trading day.

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) announced a quarterly dividend on Wednesday, September 10th, Wall Street Journal reports. Shareholders of record on Friday, October 17th will be paid a dividend of 0.69 per share by the textile maker on Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Friday, October 17th.

Oxford Industries has a dividend payout ratio of 59.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Oxford Industries to earn $7.20 per share next year, which means the company should continue to be able to cover its $2.76 annual dividend with an expected future payout ratio of 38.3%.

Oxford Industries Stock Performance

OXM traded down $0.57 during mid-day trading on Tuesday, reaching $46.21. 391,407 shares of the company traded hands, compared to its average volume of 526,107. The stock has a market capitalization of $687.14 million, a P/E ratio of 12.49 and a beta of 1.36. The company has a quick ratio of 0.51, a current ratio of 1.18 and a debt-to-equity ratio of 0.14. The company's fifty day moving average price is $43.43 and its 200-day moving average price is $48.96. Oxford Industries has a 52-week low of $36.25 and a 52-week high of $89.86.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.05. The business had revenue of $403.10 million during the quarter, compared to analyst estimates of $406.14 million. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The company's quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.77 EPS. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050--0.85 EPS. On average, sell-side analysts expect that Oxford Industries will post 6.62 EPS for the current year.

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.