Oxford Industries, Inc. (NYSE:OXM) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Oxford Industries, Inc. (NYSE:OXM) have received a consensus rating of “Reduce” from the seven research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $43.60.

A number of brokerages have recently issued reports on OXM. Wall Street Zen downgraded shares of Oxford Industries from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. UBS Group cut their target price on Oxford Industries from $47.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oxford Industries in a research note on Tuesday. Telsey Advisory Group lowered their price target on Oxford Industries from $52.00 to $35.00 and set a “market perform” rating for the company in a report on Thursday, December 11th. Finally, Truist Financial reduced their price objective on shares of Oxford Industries from $50.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday, December 11th.

Insider Activity at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of $35.12 per share, with a total value of $175,600.00. Following the transaction, the chief executive officer owned 22,709 shares of the company’s stock, valued at approximately $797,540.08. This trade represents a 28.23% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 6.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Jump Financial LLC acquired a new stake in shares of Oxford Industries in the first quarter valued at $4,775,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Oxford Industries by 5.8% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,724 shares of the textile maker’s stock worth $512,000 after purchasing an additional 700 shares during the period. Inspire Advisors LLC acquired a new stake in Oxford Industries in the 2nd quarter valued at about $2,086,000. CenterBook Partners LP boosted its stake in shares of Oxford Industries by 226.6% in the 2nd quarter. CenterBook Partners LP now owns 81,236 shares of the textile maker’s stock valued at $3,270,000 after buying an additional 56,360 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Oxford Industries by 63.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker’s stock worth $17,681,000 after buying an additional 170,208 shares in the last quarter. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Oxford Industries Stock Up 1.5%

Shares of OXM opened at $35.48 on Thursday. Oxford Industries has a 52-week low of $30.57 and a 52-week high of $89.86. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $37.14 and a two-hundred day simple moving average of $40.74. The company has a market capitalization of $527.94 million, a PE ratio of -107.51 and a beta of 1.11.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.95) by $0.03. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. The firm had revenue of $307.34 million during the quarter, compared to analyst estimates of $304.42 million. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. Oxford Industries’s quarterly revenue was down .2% on a year-over-year basis. Oxford Industries has set its FY 2025 guidance at -1.540–1.320 EPS and its Q4 2025 guidance at 0.000-0.200 EPS. As a group, equities analysts forecast 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 will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $0.69 per share. The ex-dividend date is Friday, January 16th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.8%. Oxford Industries’s dividend payout ratio (DPR) is currently -836.36%.

About Oxford Industries

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.