Oxford Industries Inc (NYSE:OXM) – Stock analysts at SunTrust Banks cut their Q3 2019 earnings per share estimates for Oxford Industries in a research report issued to clients and investors on Wednesday, September 12th. SunTrust Banks analyst P. Quintiliano now anticipates that the textile maker will earn $0.16 per share for the quarter, down from their previous estimate of $0.17. SunTrust Banks has a “Buy” rating and a $97.00 price target on the stock. SunTrust Banks also issued estimates for Oxford Industries’ FY2019 earnings at $4.57 EPS.

Several other analysts have also recently weighed in on OXM. KeyCorp raised their price target on Oxford Industries from $100.00 to $104.00 and gave the company an “overweight” rating in a report on Thursday, September 13th. Zacks Investment Research cut Oxford Industries from a “buy” rating to a “hold” rating in a report on Saturday, June 16th. B. Riley raised their price target on Oxford Industries from $93.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, June 13th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $107.00 price target (up previously from $91.00) on shares of Oxford Industries in a report on Thursday, June 7th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $94.75.

NYSE:OXM opened at $91.61 on Monday. Oxford Industries has a twelve month low of $59.23 and a twelve month high of $97.19. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 24.37, a price-to-earnings-growth ratio of 1.97 and a beta of 0.21. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 2.25.

Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Wednesday, September 12th. The textile maker reported $1.83 earnings per share for the quarter, meeting the consensus estimate of $1.83. Oxford Industries had a return on equity of 16.59% and a net margin of 6.61%. The firm had revenue of $302.60 million for the quarter, compared to analysts’ expectations of $306.12 million. During the same quarter last year, the firm posted $1.44 EPS. The company’s revenue was up 6.3% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 2nd. Investors of record on Friday, October 19th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, October 18th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.48%. Oxford Industries’s dividend payout ratio is 37.16%.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GSA Capital Partners LLP purchased a new position in shares of Oxford Industries during the 2nd quarter valued at about $1,341,000. Acadian Asset Management LLC raised its holdings in shares of Oxford Industries by 45.0% during the 2nd quarter. Acadian Asset Management LLC now owns 207,810 shares of the textile maker’s stock valued at $17,243,000 after buying an additional 64,455 shares in the last quarter. Stevens Capital Management LP purchased a new position in shares of Oxford Industries during the 1st quarter valued at about $257,000. Victory Capital Management Inc. raised its holdings in shares of Oxford Industries by 15.9% during the 2nd quarter. Victory Capital Management Inc. now owns 3,954 shares of the textile maker’s stock valued at $328,000 after buying an additional 543 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Oxford Industries by 2.3% during the 1st quarter. Rhumbline Advisers now owns 41,588 shares of the textile maker’s stock valued at $3,101,000 after buying an additional 954 shares in the last quarter. 89.85% of the stock is currently owned by institutional investors.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products 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 under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.

Featured Story: Intrinsic Value and Stock Selection

Earnings History and Estimates for Oxford Industries (NYSE:OXM)

Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.com's FREE daily email newsletter.