Wall Street analysts predict that Oxford Industries, Inc. (NYSE:OXM – Get Rating) will report earnings of $2.76 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Oxford Industries’ earnings, with estimates ranging from $2.72 to $2.85. Oxford Industries reported earnings per share of $1.89 in the same quarter last year, which suggests a positive year over year growth rate of 46%. The company is scheduled to announce its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Oxford Industries will report full year earnings of $9.03 per share for the current financial year, with EPS estimates ranging from $8.96 to $9.09. For the next fiscal year, analysts forecast that the business will report earnings of $9.50 per share, with EPS estimates ranging from $9.18 to $9.70. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Oxford Industries.
Oxford Industries (NYSE:OXM – Get Rating) last posted its quarterly earnings data on Wednesday, March 23rd. The textile maker reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.32. The company had revenue of $299.92 million during the quarter, compared to analyst estimates of $295.07 million. Oxford Industries had a net margin of 11.50% and a return on equity of 28.33%. The company’s revenue was up 35.5% on a year-over-year basis. During the same quarter last year, the business posted $0.13 earnings per share.
A number of large investors have recently bought and sold shares of the business. Mutual of America Capital Management LLC boosted its holdings in Oxford Industries by 5.4% during the first quarter. Mutual of America Capital Management LLC now owns 2,287 shares of the textile maker’s stock worth $207,000 after purchasing an additional 117 shares during the last quarter. Maryland State Retirement & Pension System raised its position in Oxford Industries by 2.0% in the first quarter. Maryland State Retirement & Pension System now owns 6,424 shares of the textile maker’s stock worth $581,000 after acquiring an additional 127 shares during the period. Gables Capital Management Inc. raised its position in Oxford Industries by 1.8% in the fourth quarter. Gables Capital Management Inc. now owns 8,444 shares of the textile maker’s stock worth $857,000 after acquiring an additional 150 shares during the period. Sei Investments Co. raised its position in Oxford Industries by 0.3% in the first quarter. Sei Investments Co. now owns 67,780 shares of the textile maker’s stock worth $6,095,000 after acquiring an additional 225 shares during the period. Finally, Advisor Group Holdings Inc. raised its position in shares of Oxford Industries by 52.4% in the fourth quarter. Advisor Group Holdings Inc. now owns 672 shares of the textile maker’s stock valued at $68,000 after purchasing an additional 231 shares during the period. Institutional investors and hedge funds own 87.97% of the company’s stock.
NYSE OXM traded up $1.00 on Friday, reaching $83.96. The company had a trading volume of 134,717 shares, compared to its average volume of 191,133. The company’s fifty day moving average is $88.88 and its 200-day moving average is $92.43. Oxford Industries has a 1-year low of $76.21 and a 1-year high of $114.47. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 10.78 and a beta of 1.61.
The company also recently announced a quarterly dividend, which was paid on Friday, April 29th. Investors of record on Thursday, April 14th were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend was Wednesday, April 13th. This is an increase from Oxford Industries’s previous quarterly dividend of $0.42. Oxford Industries’s dividend payout ratio (DPR) is currently 28.24%.
About Oxford Industries (Get Rating)
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; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel and swimwear under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women and youth products under the Southern Tide brand.
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