Oxford Industries (NYSE:OXM) Announces Quarterly Earnings Results

Key Points

• Oxford Industries reported earnings of $1.26 per share for the quarter, exceeding analysts' estimates of $1.21 by $0.05.
• The company updated its FY 2025 earnings guidance to a range of $2.800 to $3.200 EPS and its Q3 2025 guidance to -$1.050 to -$0.85 EPS.
• Several analysts have recently lowered their price targets for Oxford Industries, with the current consensus rating being "Reduce" and an average price target of $53.80.

Oxford Industries (NYSE:OXM - Get Free Report) announced its earnings results on Wednesday. The textile maker reported $1.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.05, Zacks reports. The firm had revenue of $403.10 million during the quarter, compared to analysts' expectations of $406.14 million. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The company's revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.77 earnings per share. Oxford Industries updated its FY 2025 guidance to 2.800-3.200 EPS and its Q3 2025 guidance to -1.050--0.85 EPS.

Oxford Industries Stock Performance

Shares of NYSE OXM traded down $4.35 during trading hours on Friday, reaching $47.23. The stock had a trading volume of 932,156 shares, compared to its average volume of 485,842. The business's fifty day moving average is $43.33 and its two-hundred day moving average is $49.19. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.18 and a quick ratio of 0.64. The company has a market cap of $705.62 million, a price-to-earnings ratio of 12.76 and a beta of 1.36. Oxford Industries has a twelve month low of $36.25 and a twelve month high of $89.86.

Oxford Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Friday, October 17th. Oxford Industries's dividend payout ratio is presently 74.59%.

Insiders Place Their Bets

In other news, CEO Robert S. Trauber bought 10,000 shares of the business's stock in a transaction that occurred on Wednesday, June 18th. The stock was acquired at an average cost of $41.38 per share, for a total transaction of $413,800.00. Following the completion of the purchase, the chief executive officer owned 13,364 shares of the company's stock, valued at $553,002.32. This trade represents a 297.27% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Thomas Caldecot Chubb III bought 6,500 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was purchased at an average price of $40.12 per share, with a total value of $260,780.00. Following the completion of the purchase, the chief executive officer directly owned 59,063 shares of the company's stock, valued at $2,369,607.56. This represents a 12.37% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 16,818 shares of company stock valued at $686,724 over the last 90 days. 6.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OXM. BNP Paribas Financial Markets raised its stake in shares of Oxford Industries by 44.8% in the second quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker's stock valued at $61,000 after purchasing an additional 466 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Oxford Industries by 127.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker's stock valued at $73,000 after purchasing an additional 1,014 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Oxford Industries by 700.0% in the second quarter. Canada Pension Plan Investment Board now owns 4,000 shares of the textile maker's stock valued at $161,000 after purchasing an additional 3,500 shares in the last quarter. Walleye Capital LLC acquired a new position in Oxford Industries during the second quarter worth $230,000. Finally, State of Tennessee Department of Treasury raised its stake in Oxford Industries by 88.5% during the second quarter. State of Tennessee Department of Treasury now owns 6,856 shares of the textile maker's stock worth $276,000 after acquiring an additional 3,218 shares in the last quarter. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OXM has been the subject of a number of recent analyst reports. Zacks Research raised Oxford Industries to a "hold" rating in a research report on Monday, August 11th. Truist Financial upped their target price on Oxford Industries from $47.00 to $50.00 and gave the stock a "hold" rating in a research report on Thursday. Citigroup decreased their target price on Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a research report on Thursday, June 12th. UBS Group cut their price target on Oxford Industries from $48.00 to $46.00 and set a "neutral" rating for the company in a report on Wednesday, August 27th. Finally, Telsey Advisory Group reiterated a "market perform" rating and set a $52.00 price target on shares of Oxford Industries in a report on Thursday. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and an average price target of $54.40.

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.