Oxford Industries (NYSE:OXM) Shares Gap Down Following Analyst Downgrade

Shares of Oxford Industries, Inc. (NYSE:OXM) gapped down prior to trading on Thursday after Telsey Advisory Group lowered their price target on the stock from $51.00 to $44.00. The stock had previously closed at $43.28, but opened at $38.56. Telsey Advisory Group currently has a market perform rating on the stock. Oxford Industries shares last traded at $35.7450, with a volume of 123,624 shares.

A number of other equities analysts have also recently issued reports on OXM. Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. Wall Street Zen raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Citigroup lifted their price objective on Oxford Industries from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Monday, March 30th. UBS Group increased their target price on Oxford Industries from $33.00 to $42.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Finally, Truist Financial set a $43.00 price target on Oxford Industries in a research report on Thursday, June 4th. Seven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $40.75.

More Oxford Industries News

Here are the key news stories impacting Oxford Industries this week:

• Positive Sentiment: Oxford Industries reported Q1 EPS of $1.39, topping the $1.27 consensus estimate, which shows profitability held up better than Wall Street expected. Article Title
• Positive Sentiment: The company declared a quarterly dividend of $0.70 per share, which signals continued shareholder returns and implies an attractive yield. Article Title
• Neutral Sentiment: Oxford Industries’ revenue of $391.4 million was essentially in line with estimates, suggesting demand was stable but not accelerating. Article Title
• Neutral Sentiment: Telsey Advisory Group lowered its price target on OXM to $44 from $51 and kept a “market perform” rating, which indicates limited near-term upside from current levels. Article Title
• Negative Sentiment: Management’s Q2 guidance of $1.20-$1.40 EPS and revenue of $380 million-$400 million came in below analyst expectations, raising concerns about slowing momentum ahead. Article Title
• Negative Sentiment: First-quarter revenue slipped 0.4% year over year and the company highlighted slower sales and margin pressure, which helps explain why the stock has been falling despite the earnings beat. Article Title

Institutional Investors Weigh In On Oxford Industries

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Hantz Financial Services Inc. raised its position in shares of Oxford Industries by 245.9% during the third quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock worth $27,000 after acquiring an additional 477 shares during the last quarter. GAMMA Investing LLC increased its position in Oxford Industries by 46.6% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the textile maker’s stock worth $32,000 after purchasing an additional 294 shares during the period. Quarry LP bought a new stake in Oxford Industries during the 3rd quarter worth about $38,000. Signaturefd LLC raised its holdings in Oxford Industries by 28.1% during the 4th quarter. Signaturefd LLC now owns 1,368 shares of the textile maker’s stock worth $47,000 after purchasing an additional 300 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Oxford Industries by 44.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker’s stock valued at $61,000 after purchasing an additional 466 shares during the period. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Trading Down 16.5%

The company has a market capitalization of $538.35 million, a price-to-earnings ratio of -18.76 and a beta of 1.03. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.48 and a current ratio of 1.10. The business’s 50-day simple moving average is $42.87 and its 200-day simple moving average is $39.36.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, June 10th. The textile maker reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.12. Oxford Industries had a positive return on equity of 5.68% and a negative net margin of 1.89%.The business had revenue of $391.40 million for the quarter, compared to analyst estimates of $391.76 million. During the same period last year, the company earned $1.82 EPS. The firm’s revenue was down .4% on a year-over-year basis. Oxford Industries has set its FY 2026 guidance at 2.300-2.700 EPS and its Q2 2026 guidance at 1.200-1.400 EPS. On average, research analysts expect that Oxford Industries, Inc. will post 2.51 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Friday, July 17th. Oxford Industries’s dividend payout ratio is presently -144.33%.

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.