Shares of Oxford Industries, Inc. (NYSE:OXM – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $34.65 and last traded at $34.7660, with a volume of 308636 shares changing hands. The stock had previously closed at $35.88.
Analysts Set New Price Targets
A number of analysts have commented on OXM shares. Telsey Advisory Group reaffirmed a “market perform” rating and set a $52.00 target price on shares of Oxford Industries in a report on Thursday, September 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, October 8th. Zacks Research raised Oxford Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. UBS Group reduced their target price on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating on the stock in a report on Wednesday, August 27th. Finally, Truist Financial upped their price target on Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, September 11th. Five investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $54.40.
Get Our Latest Research Report on Oxford Industries
Oxford Industries Trading Down 0.5%
Oxford Industries (NYSE:OXM – Get Free Report) last announced its quarterly earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.05. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The company 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 company earned $2.77 earnings per share. The company’s revenue for the quarter 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. On average, sell-side analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.
Oxford Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Friday, October 17th were paid a $0.69 dividend. The ex-dividend date of this dividend was Friday, October 17th. This represents a $2.76 dividend on an annualized basis and a yield of 8.2%. Oxford Industries’s payout ratio is presently 74.59%.
Institutional Investors Weigh In On Oxford Industries
Several large investors have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its position in Oxford Industries by 9.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 674,889 shares of the textile maker’s stock valued at $39,596,000 after acquiring an additional 56,235 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Oxford Industries by 6.0% in the 3rd quarter. American Century Companies Inc. now owns 595,107 shares of the textile maker’s stock valued at $24,126,000 after purchasing an additional 33,871 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Oxford Industries by 7.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 471,502 shares of the textile maker’s stock valued at $19,115,000 after purchasing an additional 32,226 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Oxford Industries by 3.3% in the second quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock valued at $17,804,000 after purchasing an additional 14,103 shares in the last quarter. Finally, RBO & Co. LLC boosted its position in shares of Oxford Industries by 49.1% during the third quarter. RBO & Co. LLC now owns 294,076 shares of the textile maker’s stock worth $11,922,000 after buying an additional 96,787 shares during the period. Institutional investors own 91.16% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than Oxford Industries
- What is the S&P/TSX Index?
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
- Where to Find Earnings Call Transcripts
- Why Home Depot’s Pain Could Be a Long-Term Investor’s Gain
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Qualcomm’s Bulls Are Running Out of Room to Be Wrong
Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.com's FREE daily email newsletter.
