Telsey Advisory Group Predicts OXM Q2 Earnings

Oxford Industries, Inc. (NYSE:OXM - Free Report) - Telsey Advisory Group issued their Q2 2027 earnings per share estimates for shares of Oxford Industries in a research report issued to clients and investors on Thursday, June 5th. Telsey Advisory Group analyst D. Telsey forecasts that the textile maker will post earnings per share of $2.60 for the quarter. 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. Telsey Advisory Group also issued estimates for Oxford Industries' Q3 2027 earnings at ($0.40) EPS and Q4 2027 earnings at $1.26 EPS.

Oxford Industries (NYSE:OXM - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.09. The company had revenue of $390.51 million for the quarter, compared to analysts' expectations of $383.94 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The firm's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter last year, the company earned $1.90 earnings per share.

Several other research firms also recently issued reports on OXM. KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a research note on Friday, March 28th. Citigroup reduced their target price on Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a report on Monday, April 7th. Truist Financial assumed coverage on Oxford Industries in a research note on Wednesday, May 28th. They set a "hold" rating and a $56.00 price target on the stock. Finally, UBS Group lifted their price target on Oxford Industries from $54.00 to $56.00 and gave the stock a "neutral" rating in a research report on Thursday. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $58.20.

Oxford Industries Trading Up 0.9%

NYSE OXM opened at $54.87 on Monday. The firm's fifty day moving average price is $52.30 and its 200 day moving average price is $67.03. Oxford Industries has a 12 month low of $42.12 and a 12 month 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 company has a market capitalization of $815.69 million, a price-to-earnings ratio of 61.66 and a beta of 1.45.

Institutional Trading of Oxford Industries

A number of hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC raised its stake in shares of Oxford Industries by 981.6% during the fourth quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker's stock worth $32,000 after purchasing an additional 373 shares during the last quarter. Venturi Wealth Management LLC acquired a new position in Oxford Industries in the 4th quarter valued at $63,000. Blue Trust Inc. increased its stake in Oxford Industries by 27.6% in the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker's stock valued at $64,000 after buying an additional 160 shares during the period. Vestcor Inc purchased a new position in Oxford Industries during the 4th quarter worth $100,000. Finally, State of Wyoming lifted its stake in shares of Oxford Industries by 159.4% in the 1st quarter. State of Wyoming now owns 2,511 shares of the textile maker's stock worth $147,000 after acquiring an additional 1,543 shares during the period. 91.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Oxford Industries

In related news, Director Milford W. Mcguirt purchased 1,000 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average price of $58.70 per share, for a total transaction of $58,700.00. Following the transaction, the director now directly owns 7,180 shares of the company's stock, valued at approximately $421,466. The trade was a 16.18% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 6.00% of the company's stock.

Oxford Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th were issued a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.03%. This is a boost from Oxford Industries's previous quarterly dividend of $0.67. The ex-dividend date was Thursday, April 17th. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.