Q3 EPS Forecast for G-III Apparel Group Increased by Analyst

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Research analysts at Telsey Advisory Group upped their Q3 2026 EPS estimates for shares of G-III Apparel Group in a report released on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will post earnings per share of $2.70 for the quarter, up from their prior forecast of $2.37. Telsey Advisory Group currently has a “Market Perform” rating and a $32.00 price target on the stock. The consensus estimate for G-III Apparel Group’s current full-year earnings is $4.15 per share. Telsey Advisory Group also issued estimates for G-III Apparel Group’s Q4 2026 earnings at $0.89 EPS.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings data on Tuesday, December 10th. The textile maker reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.33. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the company posted $2.78 earnings per share. The business’s quarterly revenue was up 1.9% compared to the same quarter last year.

Other equities research analysts also recently issued reports about the company. StockNews.com raised G-III Apparel Group from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Guggenheim increased their price target on shares of G-III Apparel Group from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Barclays increased their target price on shares of G-III Apparel Group from $27.00 to $29.00 and gave the stock an “underweight” rating in a research note on Wednesday, December 11th. Finally, KeyCorp raised their price target on G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $32.17.

G-III Apparel Group Trading Up 1.5 %

NASDAQ:GIII opened at $35.48 on Monday. The company has a market capitalization of $1.56 billion, a PE ratio of 9.31 and a beta of 2.14. G-III Apparel Group has a 52-week low of $20.66 and a 52-week high of $36.18. The stock’s 50 day moving average price is $31.31 and its 200 day moving average price is $28.89. The company has a quick ratio of 1.80, a current ratio of 2.63 and a debt-to-equity ratio of 0.13.

Insiders Place Their Bets

In related news, CEO Morris Goldfarb sold 67,014 shares of G-III Apparel Group stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $30.30, for a total value of $2,030,524.20. Following the sale, the chief executive officer now directly owns 3,923,071 shares in the company, valued at $118,869,051.30. The trade was a 1.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 12.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Vestcor Inc increased its holdings in G-III Apparel Group by 197.7% in the third quarter. Vestcor Inc now owns 31,323 shares of the textile maker’s stock valued at $956,000 after buying an additional 20,800 shares in the last quarter. Foundry Partners LLC acquired a new stake in shares of G-III Apparel Group in the 2nd quarter worth approximately $518,000. Victory Capital Management Inc. increased its stake in G-III Apparel Group by 4.9% in the 3rd quarter. Victory Capital Management Inc. now owns 92,136 shares of the textile maker’s stock valued at $2,812,000 after purchasing an additional 4,294 shares in the last quarter. Point72 DIFC Ltd raised its holdings in G-III Apparel Group by 103.2% during the third quarter. Point72 DIFC Ltd now owns 5,821 shares of the textile maker’s stock worth $178,000 after purchasing an additional 2,957 shares during the last quarter. Finally, F M Investments LLC purchased a new stake in G-III Apparel Group during the second quarter worth $6,796,000. Hedge funds and other institutional investors own 92.13% of the company’s stock.

About G-III Apparel Group

G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage.