Q3 EPS Estimate for G-III Apparel Group Boosted by Analyst

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Investment analysts at Telsey Advisory Group boosted their Q3 2026 EPS estimates for shares of G-III Apparel Group in a research note 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 previous forecast of $2.37. Telsey Advisory Group currently has a “Market Perform” rating and a $32.00 target price 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 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 during the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the business posted $2.78 earnings per share. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year.

A number of other brokerages have also recently weighed in on GIII. Barclays lifted their price target on shares of G-III Apparel Group from $27.00 to $29.00 and gave the company an “underweight” rating in a research report on Wednesday, December 11th. 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 report on Wednesday, December 11th. StockNews.com raised G-III Apparel Group from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. 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 research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $32.17.

G-III Apparel Group Stock Up 1.5 %

Shares of NASDAQ:GIII opened at $35.48 on Monday. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 9.31 and a beta of 2.14. G-III Apparel Group has a 12-month low of $20.66 and a 12-month high of $36.18. The business has a 50-day moving average price of $31.31 and a 200 day moving average price of $28.89. The company has a current ratio of 2.63, a quick ratio of 1.80 and a debt-to-equity ratio of 0.13.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GIII. Franklin Resources Inc. raised its holdings in shares of G-III Apparel Group by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 55,131 shares of the textile maker’s stock valued at $1,682,000 after purchasing an additional 3,806 shares in the last quarter. Sanctuary Advisors LLC raised its stake in G-III Apparel Group by 8.4% in the third quarter. Sanctuary Advisors LLC now owns 14,564 shares of the textile maker’s stock valued at $439,000 after buying an additional 1,126 shares in the last quarter. Virtu Financial LLC purchased a new stake in G-III Apparel Group during the 3rd quarter worth about $211,000. Geode Capital Management LLC lifted its holdings in G-III Apparel Group by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 977,331 shares of the textile maker’s stock worth $29,833,000 after buying an additional 11,196 shares during the last quarter. Finally, Vestcor Inc boosted its position in shares of 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 acquiring an additional 20,800 shares in the last quarter. Institutional investors and hedge funds 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.