G-III Apparel Group, LTD. (NASDAQ:GIII) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analyst consensus: Hold — Seven analysts cover G-III with a mix of 2 sells, 3 holds and 2 buys, and the average 12‑month price target is $29.00 (near current levels).
• Quarterly results missed — G‑III reported $0.30 EPS vs. $0.59 expected and $771.5M revenue (down 8.1% YoY), and issued guidance of Q1 2027 EPS -0.400 to -0.300 and FY2027 EPS 2.000–2.100.
• Market position and ownership — The stock trades around $29.72 with a $1.25B market cap and ~19.8x PE, and institutional investors own about 92% of the shares with several large funds recently changing positions.

G-III Apparel Group, LTD. (NASDAQ:GIII - Get Free Report) has earned a consensus recommendation of "Hold" from the seven analysts that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $29.00.

Several equities research analysts have recently weighed in on GIII shares. BTIG Research reiterated a "buy" rating and issued a $34.00 price target on shares of G-III Apparel Group in a report on Wednesday, March 18th. Weiss Ratings restated a "hold (c+)" rating on shares of G-III Apparel Group in a report on Friday, January 9th. Zacks Research downgraded G-III Apparel Group from a "hold" rating to a "strong sell" rating in a research report on Tuesday, March 17th. Telsey Advisory Group reiterated a "market perform" rating and issued a $29.00 target price (down from $34.00) on shares of G-III Apparel Group in a research note on Monday, March 9th. Finally, UBS Group decreased their target price on G-III Apparel Group from $30.00 to $26.00 and set a "neutral" rating for the company in a research report on Tuesday, March 17th.

G-III Apparel Group Trading Up 0.9%

GIII stock opened at $29.72 on Thursday. The stock has a market cap of $1.25 billion, a PE ratio of 19.81 and a beta of 1.30. G-III Apparel Group has a 12 month low of $20.33 and a 12 month high of $34.83. The company has a 50-day moving average price of $29.05 and a 200 day moving average price of $28.89.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The textile maker reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by ($0.29). The firm had revenue of $771.49 million during the quarter, compared to analysts' expectations of $791.98 million. G-III Apparel Group had a return on equity of 6.70% and a net margin of 2.28%.The business's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period last year, the company earned $1.27 earnings per share. G-III Apparel Group has set its Q1 2027 guidance at -0.400--0.300 EPS and its FY 2027 guidance at 2.000-2.100 EPS. Sell-side analysts forecast that G-III Apparel Group will post 4.16 EPS for the current year.

G-III Apparel Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 23rd were issued a dividend of $0.10 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 1.3%. G-III Apparel Group's dividend payout ratio (DPR) is presently 26.67%.

Hedge Funds Weigh In On G-III Apparel Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in shares of G-III Apparel Group by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,936,957 shares of the textile maker's stock worth $78,153,000 after acquiring an additional 15,500 shares during the period. American Century Companies Inc. boosted its holdings in shares of G-III Apparel Group by 3.4% in the third quarter. American Century Companies Inc. now owns 1,730,216 shares of the textile maker's stock valued at $46,041,000 after purchasing an additional 57,440 shares during the period. Norges Bank bought a new position in G-III Apparel Group in the fourth quarter worth approximately $36,200,000. LSV Asset Management grew its stake in G-III Apparel Group by 8.1% in the fourth quarter. LSV Asset Management now owns 1,237,469 shares of the textile maker's stock worth $35,837,000 after purchasing an additional 93,236 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in G-III Apparel Group by 30.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,054,266 shares of the textile maker's stock worth $28,054,000 after purchasing an additional 247,245 shares during the period. 92.13% of the stock is currently owned by institutional investors.

G-III Apparel Group Company Profile

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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