Telsey Advisory Group Has Weak Estimate for OXM Q1 Earnings

Oxford Industries, Inc. (NYSE:OXM - Free Report) - Telsey Advisory Group lowered their Q1 2027 EPS estimates for Oxford Industries in a research report issued on Thursday, June 12th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will earn $1.95 per share for the quarter, down from their previous forecast of $2.01. Telsey Advisory Group currently has a "Market Perform" rating and a $52.00 target price on the stock. The consensus estimate for Oxford Industries' current full-year earnings is $6.62 per share.

Several other research analysts have also recently issued reports on OXM. Truist Financial reduced their target price on shares of Oxford Industries from $56.00 to $47.00 and set a "hold" rating for the company in a report on Thursday. Citigroup dropped their target price on Oxford Industries from $47.00 to $44.00 and set a "sell" rating on the stock in a report on Thursday. UBS Group lifted their price target on Oxford Industries from $54.00 to $56.00 and gave the company a "neutral" rating in a research report on Thursday, June 5th. Finally, KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a research report on Friday, March 28th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $55.80.

Oxford Industries Stock Performance

NYSE:OXM traded down $3.62 during midday trading on Friday, hitting $39.45. The company's stock had a trading volume of 1,059,833 shares, compared to its average volume of 385,603. Oxford Industries has a fifty-two week low of $39.31 and a fifty-two week high of $108.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71. The firm has a market cap of $586.38 million, a P/E ratio of 44.32 and a beta of 1.45. The firm's 50 day moving average is $51.85 and its 200-day moving average is $66.40.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its quarterly earnings results on Wednesday, June 11th. The textile maker reported $1.82 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.82. The business had revenue of $392.86 million during the quarter, compared to analysts' expectations of $383.54 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The business's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the company posted $2.66 earnings per share.

Institutional Trading of Oxford Industries

A number of institutional investors have recently made changes to their positions in the company. Sanctuary Advisors LLC raised its stake in Oxford Industries by 3.7% in the 4th quarter. Sanctuary Advisors LLC now owns 3,799 shares of the textile maker's stock valued at $328,000 after purchasing an additional 137 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Oxford Industries by 5.9% during the first quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker's stock worth $195,000 after buying an additional 185 shares in the last quarter. Illinois Municipal Retirement Fund raised its position in shares of Oxford Industries by 3.4% in the first quarter. Illinois Municipal Retirement Fund now owns 8,036 shares of the textile maker's stock valued at $471,000 after buying an additional 267 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Oxford Industries by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker's stock worth $664,000 after buying an additional 280 shares in the last quarter. Finally, Truvestments Capital LLC boosted its position in Oxford Industries by 15.6% during the fourth quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker's stock worth $190,000 after acquiring an additional 326 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Oxford Industries

In related news, Director Milford W. Mcguirt purchased 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average cost of $58.70 per share, with a total value of $58,700.00. Following the purchase, the director now owns 7,180 shares of the company's stock, valued at $421,466. This represents a 16.18% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 6.00% of the company's stock.

Oxford Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 18th will be given a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date of this dividend is Friday, July 18th. Oxford Industries's dividend payout ratio is presently 47.02%.

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.