Northland Securities Predicts Movado Group Q2 Earnings

Key Points

• Northland Securities trimmed its Q2 2027 EPS estimate for Movado to $0.34 (from $0.35) but kept a Strong‑Buy rating and projects FY2028 EPS of $1.83.
• Movado beat Q4 expectations with $0.57 EPS (vs. $0.52) and $191.6M revenue, and announced a $0.35 quarterly dividend (annualized yield ~5.6%), signaling management confidence and potential margin expansion.
• Analyst sentiment is generally favorable—MarketBeat shows a Moderate Buy consensus with a $30.75 target—but the company withheld FY2027 guidance and faces tariff, geopolitical and FX headwinds that could pressure margins.

Movado Group Inc. (NYSE:MOV - Free Report) - Northland Securities decreased their Q2 2027 earnings per share estimates for shares of Movado Group in a research note issued to investors on Thursday, March 19th. Northland Securities analyst O. Rickert now expects that the company will earn $0.34 per share for the quarter, down from their prior estimate of $0.35. Northland Securities has a "Strong-Buy" rating on the stock. The consensus estimate for Movado Group's current full-year earnings is $1.05 per share. Northland Securities also issued estimates for Movado Group's Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.55 EPS, Q1 2028 earnings at $0.20 EPS, Q2 2028 earnings at $0.42 EPS, Q4 2028 earnings at $0.61 EPS and FY2028 earnings at $1.83 EPS.

Movado Group (NYSE:MOV - Get Free Report) last issued its quarterly earnings data on Thursday, March 19th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.52 by $0.05. The company had revenue of $191.58 million for the quarter, compared to analyst estimates of $182.02 million. Movado Group had a return on equity of 5.86% and a net margin of 3.33%.

MOV has been the subject of a number of other reports. BWS Financial restated a "buy" rating and set a $31.50 price objective on shares of Movado Group in a research report on Monday, February 2nd. Zacks Research upgraded shares of Movado Group from a "strong sell" rating to a "hold" rating in a research report on Monday, January 26th. Wall Street Zen upgraded shares of Movado Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 7th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Movado Group in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Movado Group has a consensus rating of "Moderate Buy" and a consensus price target of $30.75.

Movado Group Price Performance

Shares of NYSE:MOV opened at $25.20 on Friday. The business's 50 day moving average price is $23.81 and its 200-day moving average price is $21.06. Movado Group has a 1 year low of $12.85 and a 1 year high of $25.85. The firm has a market capitalization of $557.93 million, a price-to-earnings ratio of 25.98 and a beta of 0.93.

Movado Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd will be issued a $0.35 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 5.6%. Movado Group's dividend payout ratio (DPR) is presently 144.33%.

Institutional Investors Weigh In On Movado Group

A number of hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its stake in shares of Movado Group by 39.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,598 shares of the company's stock worth $33,000 after buying an additional 449 shares in the last quarter. Comerica Bank boosted its holdings in shares of Movado Group by 99.0% during the 3rd quarter. Comerica Bank now owns 1,785 shares of the company's stock worth $34,000 after purchasing an additional 888 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Movado Group by 70.2% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company's stock worth $36,000 after purchasing an additional 724 shares during the last quarter. State of Wyoming purchased a new stake in shares of Movado Group in the second quarter valued at approximately $40,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Movado Group in the fourth quarter valued at approximately $42,000. 72.08% of the stock is currently owned by institutional investors and hedge funds.

More Movado Group News

Here are the key news stories impacting Movado Group this week:

• Positive Sentiment: Q4 results topped expectations — revenue of $191.6M beat consensus and EPS of $0.57 exceeded estimates, supporting the upside in the stock. Read More.
• Positive Sentiment: Management signaled margin expansion and reported U.S. revenue growth and a 25% wholesale recovery, suggesting profitability improvement going forward. Read More.
• Positive Sentiment: Movado announced a quarterly dividend of $0.35 (annualized yield ~5.6%), which boosts income-oriented investor demand and signals confidence in cash flow. (Company announcement)
• Positive Sentiment: Analyst reinforcement: Northland Securities reiterated a Buy and set a $30 target, highlighting execution and margin expansion potential—an endorsement that can attract momentum buyers. Read More.
• Neutral Sentiment: Company withheld FY2027 outlook — reduces near-term visibility; investors will watch upcoming commentary for guidance clarity. Read More.
• Negative Sentiment: Tariff pressures and cost headwinds were cited by some outlets as weighing on margins; one report noted revenue beat but profit estimate misses in parts of the coverage. These macro/expense pressures are a potential drag if persistent. Read More.
• Negative Sentiment: International weakness (Middle East conflict and FX impacts) offset some gains — continued geopolitical or currency pressure could limit global upside. Read More.

Movado Group Company Profile

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company's portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group's product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.

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