Oxford Industries (NYSE:OXM) Announces Earnings Results, Beats Estimates By $0.05 EPS

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) released its earnings results on Wednesday. The textile maker reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.05, Zacks reports. The business had revenue of $403.10 million for the quarter, compared to the consensus estimate of $406.14 million. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The business's quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $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 Trading Down 0.3%

OXM stock traded down $0.14 during midday trading on Monday, hitting $46.99. 466,059 shares of the company's stock were exchanged, compared to its average volume of 517,747. The business has a 50-day simple moving average of $43.42 and a two-hundred day simple moving average of $48.98. The company has a current ratio of 1.18, a quick ratio of 0.51 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $698.76 million, a PE ratio of 12.70 and a beta of 1.36. Oxford Industries has a 1-year low of $36.25 and a 1-year high of $89.86.

Oxford Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be paid a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.76 annualized dividend and a yield of 5.9%. Oxford Industries's dividend payout ratio (DPR) is 74.59%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Zacks Research upgraded Oxford Industries to a "hold" rating in a research report on Monday, August 11th. Truist Financial raised their target price on Oxford Industries from $47.00 to $50.00 and gave the company a "hold" rating in a research report on Thursday. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $52.00 price target on shares of Oxford Industries in a report on Thursday. 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, Citigroup cut their price target on Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a report on Thursday, June 12th. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Oxford Industries has an average rating of "Reduce" and an average price target of $54.40.

Insider Transactions at Oxford Industries

In other Oxford Industries news, CEO Robert S. Trauber bought 10,000 shares of the business's stock in a transaction on Wednesday, June 18th. The stock was bought at an average price of $41.38 per share, with a total value of $413,800.00. Following the completion of the purchase, the chief executive officer directly owned 13,364 shares in the company, valued at $553,002.32. The trade was a 297.27% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oxford Industries

Institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets grew 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 buying an additional 466 shares in the last quarter. Tower Research Capital LLC TRC grew 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 buying an additional 1,014 shares in the last quarter. Canada Pension Plan Investment Board grew 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 buying an additional 3,500 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of Oxford Industries in the second quarter valued at $230,000. Finally, State of Tennessee Department of Treasury grew its stake in shares of Oxford Industries by 88.5% in the second quarter. State of Tennessee Department of Treasury now owns 6,856 shares of the textile maker's stock valued at $276,000 after buying an additional 3,218 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

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.