Oxford Industries, Inc. (NYSE:OXM) Receives $54.40 Average Price Target from Brokerages

Oxford Industries, Inc. (NYSE:OXM) has been given an average rating of “Reduce” by the seven analysts that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $54.40.

A number of research firms have recently issued reports on OXM. UBS Group reduced their price target on shares of Oxford Industries from $48.00 to $46.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 27th. Truist Financial raised their target price on shares of Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, September 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, October 8th. Telsey Advisory Group restated a “market perform” rating and set a $52.00 price objective on shares of Oxford Industries in a research report on Thursday, September 11th. Finally, Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a report on Friday, September 12th.

Hedge Funds Weigh In On Oxford Industries

A number of institutional investors have recently modified their holdings of OXM. 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 purchasing an additional 267 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Oxford Industries by 12.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,024 shares of the textile maker’s stock worth $709,000 after buying an additional 1,358 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Oxford Industries by 2.5% during the first quarter. Principal Financial Group Inc. now owns 73,639 shares of the textile maker’s stock worth $4,320,000 after buying an additional 1,789 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Oxford Industries by 12.3% during the first quarter. Envestnet Asset Management Inc. now owns 96,319 shares of the textile maker’s stock worth $5,651,000 after buying an additional 10,547 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. acquired a new stake in shares of Oxford Industries in the 1st quarter valued at $493,000. Institutional investors own 91.16% of the company’s stock.

Oxford Industries Price Performance

Oxford Industries stock opened at $36.87 on Wednesday. The firm has a market capitalization of $548.30 million, a P/E ratio of 9.97 and a beta of 1.29. The firm has a fifty day moving average of $41.42 and a 200-day moving average of $44.94. The company has a quick ratio of 0.51, a current ratio of 1.18 and a debt-to-equity ratio of 0.14. Oxford Industries has a 52-week low of $35.53 and a 52-week high of $89.86.

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

Oxford Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 17th were issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 7.5%. The ex-dividend date was Friday, October 17th. Oxford Industries’s dividend payout ratio (DPR) is currently 74.59%.

Oxford Industries Company Profile

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.