Q3 EPS Estimates for GIII Boosted by Telsey Advisory Group

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Stock analysts at Telsey Advisory Group raised their Q3 2026 earnings per share (EPS) estimates for G-III Apparel Group in a research note issued to investors on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings of $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) last announced its quarterly earnings results on Tuesday, December 10th. The textile maker reported $2.59 earnings per share 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 for the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the previous year, the business posted $2.78 earnings per share. G-III Apparel Group’s quarterly revenue was up 1.9% on a year-over-year basis.

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

G-III Apparel Group Trading Up 4.2 %

Shares of NASDAQ GIII opened at $36.10 on Monday. The stock has a market capitalization of $1.58 billion, a P/E ratio of 9.48 and a beta of 2.14. G-III Apparel Group has a 1-year low of $20.66 and a 1-year high of $36.18. The business’s 50 day moving average is $31.09 and its two-hundred day moving average is $28.81. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.80.

Insider Transactions at G-III Apparel Group

In other G-III Apparel Group news, CEO Morris Goldfarb sold 67,014 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer now owns 3,923,071 shares in the company, valued at approximately $118,869,051.30. This trade represents a 1.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 12.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its stake in shares of G-III Apparel Group by 4.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,376,310 shares of the textile maker’s stock valued at $91,396,000 after buying an additional 151,425 shares during the period. American Century Companies Inc. grew its position in G-III Apparel Group by 15.6% in the second quarter. American Century Companies Inc. now owns 1,147,175 shares of the textile maker’s stock worth $31,054,000 after acquiring an additional 155,079 shares during the period. Charles Schwab Investment Management Inc. increased its stake in G-III Apparel Group by 0.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,036,158 shares of the textile maker’s stock worth $31,624,000 after acquiring an additional 6,598 shares during the last quarter. Geode Capital Management LLC raised its position in G-III Apparel Group by 1.2% in the third quarter. Geode Capital Management LLC now owns 977,331 shares of the textile maker’s stock valued at $29,833,000 after purchasing an additional 11,196 shares during the period. Finally, LSV Asset Management lifted its stake in shares of G-III Apparel Group by 0.6% in the 2nd quarter. LSV Asset Management now owns 851,683 shares of the textile maker’s stock valued at $23,055,000 after purchasing an additional 5,200 shares during the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.

G-III Apparel Group Company Profile

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.