
G-III Apparel Group, LTD. (NASDAQ:GIII – Free Report) – KeyCorp issued their FY2026 earnings per share (EPS) estimates for G-III Apparel Group in a research report issued on Wednesday, January 21st. KeyCorp analyst A. Owens anticipates that the textile maker will post earnings of $2.87 per share for the year. KeyCorp has a “Overweight” rating and a $35.00 price objective on the stock. The consensus estimate for G-III Apparel Group’s current full-year earnings is $4.16 per share. KeyCorp also issued estimates for G-III Apparel Group’s Q4 2026 earnings at $0.56 EPS and FY2027 earnings at $3.07 EPS.
Other equities analysts have also issued research reports about the stock. Zacks Research raised shares of G-III Apparel Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. BTIG Research raised their price objective on G-III Apparel Group from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of G-III Apparel Group in a report on Friday, January 9th. Telsey Advisory Group set a $34.00 target price on G-III Apparel Group in a report on Wednesday, December 10th. Finally, UBS Group set a $32.00 price target on G-III Apparel Group and gave the stock a “neutral” rating in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, G-III Apparel Group presently has a consensus rating of “Hold” and an average target price of $31.20.
G-III Apparel Group Stock Performance
GIII stock opened at $28.65 on Friday. The company has a market capitalization of $1.21 billion, a PE ratio of 8.60 and a beta of 1.28. G-III Apparel Group has a one year low of $20.33 and a one year high of $34.83. The company’s 50 day moving average price is $29.73 and its two-hundred day moving average price is $27.42.
G-III Apparel Group (NASDAQ:GIII – Get Free Report) last announced its quarterly earnings data on Tuesday, December 9th. The textile maker reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.29. The company had revenue of $988.65 million for the quarter, compared to analysts’ expectations of $1.01 billion. G-III Apparel Group had a return on equity of 9.37% and a net margin of 4.89%.G-III Apparel Group’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the firm posted $2.59 EPS. G-III Apparel Group has set its FY 2026 guidance at 2.800-2.900 EPS.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. bought a new stake in shares of G-III Apparel Group during the 4th quarter valued at about $34,000. Phocas Financial Corp. lifted its holdings in G-III Apparel Group by 77.2% in the fourth quarter. Phocas Financial Corp. now owns 244,406 shares of the textile maker’s stock worth $7,078,000 after buying an additional 106,497 shares during the period. Exchange Traded Concepts LLC boosted its position in G-III Apparel Group by 7.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 92,774 shares of the textile maker’s stock valued at $2,687,000 after acquiring an additional 6,297 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of G-III Apparel Group by 2.8% during the 4th quarter. SG Americas Securities LLC now owns 20,970 shares of the textile maker’s stock worth $607,000 after acquiring an additional 570 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of G-III Apparel Group by 31.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,239 shares of the textile maker’s stock worth $487,000 after acquiring an additional 3,861 shares during the period. 92.13% of the stock is currently owned by institutional investors.
G-III Apparel Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were issued a $0.10 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.40 annualized dividend and a yield of 1.4%. G-III Apparel Group’s payout ratio is 12.01%.
About G-III Apparel Group
G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.
The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.
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