FY2027 Earnings Forecast for OXM Issued By KeyCorp

Oxford Industries, Inc. (NYSE:OXM) – Investment analysts at KeyCorp issued their FY2027 EPS estimates for Oxford Industries in a report issued on Thursday, March 27th. KeyCorp analyst A. Owens anticipates that the textile maker will earn $5.64 per share for the year. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Oxford Industries’ current full-year earnings is $6.62 per share.

Other equities analysts have also recently issued reports about the company. Telsey Advisory Group cut their price objective on Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a report on Monday, March 24th. UBS Group decreased their price target on shares of Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a research note on Friday.

Oxford Industries Stock Performance

Oxford Industries stock opened at $58.93 on Monday. Oxford Industries has a fifty-two week low of $53.23 and a fifty-two week high of $111.46. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The stock has a market cap of $925.26 million, a P/E ratio of 66.21 and a beta of 1.61. The firm’s fifty day moving average price is $69.73 and its 200-day moving average price is $76.63.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.09. The firm had revenue of $390.51 million during the quarter, compared to the consensus estimate of $383.94 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter last year, the company posted $1.90 EPS.

Hedge Funds Weigh In On Oxford Industries

Hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC increased its holdings in Oxford Industries by 74.0% during the 3rd quarter. Barclays PLC now owns 48,484 shares of the textile maker’s stock valued at $4,208,000 after purchasing an additional 20,620 shares during the period. Jane Street Group LLC grew its position in shares of Oxford Industries by 73.7% in the 3rd quarter. Jane Street Group LLC now owns 36,812 shares of the textile maker’s stock worth $3,194,000 after buying an additional 15,617 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Oxford Industries by 25.6% during the third quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock valued at $923,000 after buying an additional 2,167 shares during the period. Weiss Asset Management LP bought a new position in shares of Oxford Industries during the third quarter valued at approximately $2,742,000. Finally, Global Alpha Capital Management Ltd. purchased a new stake in Oxford Industries in the fourth quarter worth $16,489,000. 91.16% of the stock is owned by institutional investors.

Insider Activity

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total transaction of $108,650.00. Following the completion of the sale, the senior vice president now owns 1,681 shares of the company’s stock, valued at $146,112.52. This represents a 42.65 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 5.70% of the company’s stock.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be given a $0.69 dividend. The ex-dividend date is Thursday, April 17th. This represents a $2.76 annualized dividend and a yield of 4.68%. This is an increase from Oxford Industries’s previous quarterly dividend of $0.67. Oxford Industries’s payout ratio is presently 301.12%.

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.