Q1 EPS Estimates for GIII Lifted by Telsey Advisory Group

G-III Apparel Group, Ltd. (NASDAQ:GIII - Free Report) - Analysts at Telsey Advisory Group upped their Q1 2026 earnings estimates for shares of G-III Apparel Group in a research note issued on Friday, March 14th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings of $0.12 per share for the quarter, up from their previous forecast of $0.09. Telsey Advisory Group currently has a "Market Perform" rating and a $30.00 price target on the stock. The consensus estimate for G-III Apparel Group's current full-year earnings is $4.16 per share. Telsey Advisory Group also issued estimates for G-III Apparel Group's Q3 2026 earnings at $2.46 EPS and FY2026 earnings at $4.22 EPS.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The textile maker reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.30. G-III Apparel Group had a net margin of 5.59% and a return on equity of 11.66%. The business had revenue of $839.50 million for the quarter, compared to analyst estimates of $808.59 million. During the same quarter in the prior year, the business posted $0.76 EPS. G-III Apparel Group's revenue for the quarter was up 9.8% compared to the same quarter last year.

A number of other brokerages have also issued reports on GIII. Barclays cut their price target on shares of G-III Apparel Group from $29.00 to $25.00 and set an "underweight" rating on the stock in a research note on Tuesday. StockNews.com lowered shares of G-III Apparel Group from a "buy" rating to a "hold" rating in a research note on Wednesday, March 12th. KeyCorp increased their price objective on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 11th. UBS Group cut their price objective on shares of G-III Apparel Group from $37.00 to $32.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. Finally, Guggenheim increased their price objective 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $33.00.

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G-III Apparel Group Stock Performance

G-III Apparel Group stock traded down $0.27 during mid-day trading on Monday, reaching $26.47. 299,451 shares of the company traded hands, compared to its average volume of 515,082. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.75. G-III Apparel Group has a fifty-two week low of $20.66 and a fifty-two week high of $36.18. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 6.95 and a beta of 2.09. The firm's fifty day moving average is $29.11 and its two-hundred day moving average is $30.49.

Institutional Trading of G-III Apparel Group

Hedge funds have recently added to or reduced their stakes in the company. AlphaQuest LLC purchased a new stake in G-III Apparel Group during the fourth quarter worth $49,000. Smartleaf Asset Management LLC boosted its holdings in G-III Apparel Group by 249.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,977 shares of the textile maker's stock worth $64,000 after buying an additional 1,412 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in G-III Apparel Group during the fourth quarter valued at $68,000. Quarry LP purchased a new position in G-III Apparel Group during the third quarter valued at $63,000. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in G-III Apparel Group by 93.2% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,026 shares of the textile maker's stock valued at $92,000 after purchasing an additional 1,460 shares in the last quarter. 92.13% of the stock is owned by hedge funds and other institutional investors.

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.