Oxford Industries, Inc. (NYSE:OXM – Get Free Report) hit a new 52-week low during trading on Friday after Citigroup lowered their price target on the stock from $36.00 to $33.00. Citigroup currently has a neutral rating on the stock. Oxford Industries traded as low as $28.20 and last traded at $31.22, with a volume of 2054504 shares trading hands. The stock had previously closed at $36.63.
OXM has been the subject of a number of other research reports. Truist Financial cut their price objective on shares of Oxford Industries from $40.00 to $33.00 and set a “hold” rating for the company in a research note on Friday. Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, July 8th. Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. BTIG Research reiterated a “neutral” rating on shares of Oxford Industries in a report on Friday. Finally, KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, June 11th. Seven research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Oxford Industries has a consensus rating of “Reduce” and a consensus price target of $35.25.
Check Out Our Latest Stock Analysis on OXM
Insider Activity
Oxford Industries News Summary
Here are the key news stories impacting Oxford Industries this week:
- Positive Sentiment: Adjusted earnings beat estimates: Second-quarter adjusted EPS rose to $1.34 from $1.26 a year earlier, slightly above the roughly $1.31-$1.32 consensus. Tommy Bahama sales increased 0.8%, while the company generated $97 million in operating cash flow during the first half and reduced borrowings to $73 million. OXM Q2 Deep Dive: Guidance Cut as Lilly Pulitzer Weighs on Mixed Portfolio
- Positive Sentiment: Dividend maintained: OXM declared a quarterly dividend of $0.70 per share, payable October 30 to shareholders of record October 16, supporting the stock’s income appeal. Oxford Second Quarter Results
- Neutral Sentiment: Analyst targets moved lower: Citigroup cut its price target to $33 from $36 and retained a Neutral rating, while Telsey Advisory lowered its target to $35 from $44 and kept a Market Perform rating. The revisions reflect reduced expectations rather than a bullish change in sentiment. Telsey Advisory Adjusts Price Target
- Negative Sentiment: Full-year guidance was cut: OXM now expects fiscal 2026 adjusted EPS of $1.60-$2.00, below the prior consensus of $2.61 and below fiscal 2025’s $2.11. Revenue guidance of $1.43-$1.47 billion also implies a decline from the prior year. Third-quarter adjusted EPS is expected to be a loss of $1.20-$1.40, with revenue of $280-$300 million versus $307 million a year earlier. Oxford Industries Cuts Annual Outlook
- Negative Sentiment: Portfolio weakness outweighed the earnings beat: Consolidated sales fell 2.2% to $394.4 million. Lilly Pulitzer sales dropped 5.6% and Johnny Was sales declined 8.8%; management cited product, marketing, and macroeconomic consumer challenges. The company plans heavier promotions at Lilly Pulitzer, which could pressure future margins. Reported GAAP EPS also benefited from a $42 million tariff refund, making the headline profit improvement less representative of recurring performance. Oxford Industries Stumbles as Lilly Pulitzer Sales Weigh
Institutional Investors Weigh In On Oxford Industries
Large investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in shares of Oxford Industries during the second quarter valued at about $41,098,000. California State Teachers Retirement System boosted its position in Oxford Industries by 3,895.4% during the 2nd quarter. California State Teachers Retirement System now owns 544,007 shares of the textile maker’s stock valued at $18,970,000 after acquiring an additional 530,391 shares in the last quarter. Bank of America Corp DE bought a new stake in Oxford Industries during the 2nd quarter valued at approximately $14,625,000. Millennium Management LLC grew its holdings in shares of Oxford Industries by 1,374.3% during the 4th quarter. Millennium Management LLC now owns 326,607 shares of the textile maker’s stock worth $11,170,000 after acquiring an additional 304,454 shares during the period. Finally, Heartland Advisors Inc. purchased a new position in shares of Oxford Industries during the 2nd quarter worth approximately $8,516,000. Institutional investors own 91.16% of the company’s stock.
Oxford Industries Price Performance
The stock has a market cap of $466.11 million, a P/E ratio of -61.21 and a beta of 1.06. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.60 and a current ratio of 1.17. The firm has a 50-day moving average price of $37.40 and a 200-day moving average price of $39.22.
Oxford Industries (NYSE:OXM – Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.03. Oxford Industries had a positive return on equity of 4.97% and a negative net margin of 0.46%.The company had revenue of $394.38 million for the quarter, compared to analysts’ expectations of $394.55 million. During the same period in the prior year, the firm earned $1.26 earnings per share. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. Oxford Industries has set its Q3 2026 guidance at -1.400–1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. On average, analysts forecast that Oxford Industries, Inc. will post 2.5 earnings per share for the current fiscal year.
Oxford Industries Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Friday, October 16th. Oxford Industries’s dividend payout ratio (DPR) is presently -106.06%.
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.
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