GIII Q3 EPS Estimate Raised by Telsey Advisory Group

G-III Apparel Group, Ltd. (NASDAQ:GIII - Free Report) - Investment analysts at Telsey Advisory Group increased their Q3 2026 earnings estimates for G-III Apparel Group in a report issued on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will earn $2.70 per share for the quarter, up from their prior estimate 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 - Get Free Report) last posted its quarterly earnings results on Tuesday, December 10th. The textile maker reported $2.59 EPS for the quarter, topping the consensus estimate of $2.26 by $0.33. G-III Apparel Group had a net margin of 5.59% and a return on equity of 11.66%. The company had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same quarter in the previous year, the business posted $2.78 EPS. The firm's revenue was up 1.9% on a year-over-year basis.

Several other research firms have also recently issued reports on GIII. Barclays upped their price objective on G-III Apparel Group from $27.00 to $29.00 and gave the stock an "underweight" rating in a research report on Wednesday, December 11th. Guggenheim boosted their target price on 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. KeyCorp increased their price target on shares of G-III Apparel Group from $34.00 to $40.00 and gave the company an "overweight" rating in a research note on Wednesday, December 11th. Finally, StockNews.com raised shares of G-III Apparel Group from a "hold" rating to a "buy" rating in a report on Monday, December 2nd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, G-III Apparel Group presently has an average rating of "Hold" and a consensus price target of $32.17.

G-III Apparel Group Stock Down 3.2 %

Shares of GIII stock traded down $1.16 on Monday, reaching $34.94. 584,470 shares of the stock were exchanged, compared to its average volume of 562,115. G-III Apparel Group has a twelve month low of $20.66 and a twelve month high of $36.18. The company has a current ratio of 2.63, a quick ratio of 1.80 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 9.48 and a beta of 2.14. The business's 50 day moving average price is $31.09 and its 200 day moving average price is $28.81.

Insiders Place Their Bets

In related news, CEO Morris Goldfarb sold 67,014 shares of the company's stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $30.30, for a total value of $2,030,524.20. Following the completion of the sale, the chief executive officer now owns 3,923,071 shares in the company, valued at $118,869,051.30. This represents a 1.68 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 12.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On G-III Apparel Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Foundry Partners LLC acquired a new stake in shares of G-III Apparel Group during the second quarter worth $518,000. Vestcor Inc raised its position in G-III Apparel Group by 197.7% during the 3rd quarter. Vestcor Inc now owns 31,323 shares of the textile maker's stock worth $956,000 after buying an additional 20,800 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of 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 worth $2,812,000 after acquiring an additional 4,294 shares during the period. Point72 DIFC Ltd boosted its holdings in shares of G-III Apparel Group by 103.2% in the third quarter. Point72 DIFC Ltd now owns 5,821 shares of the textile maker's stock valued at $178,000 after acquiring an additional 2,957 shares in the last quarter. Finally, F M Investments LLC purchased a new stake in shares of G-III Apparel Group in the second quarter valued at about $6,796,000. 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.