NASDAQ:GIII G-III Apparel Group (GIII) Stock Forecast, Price & News $20.29 -0.04 (-0.20%) (As of 05:11 PM ET) Add Compare Share Share Today's Range$19.88▼$20.5250-Day Range$14.75▼$20.9852-Week Range$11.60▼$26.15Volume533,512 shsAverage Volume605,763 shsMarket Capitalization$925.02 millionP/E RatioN/ADividend YieldN/APrice Target$19.38 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media G-III Apparel Group MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside4.9% Downside$19.14 Price TargetShort InterestBearish9.61% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 32 Articles This WeekInsider TradingSelling Shares$50,472 Sold Last QuarterProj. Earnings Growth2.46%From $2.85 to $2.92 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.61 out of 5 starsConsumer Discretionary Sector213th out of 267 stocksApparel, Finished Products From Fabrics & Similar Materials Industry12th out of 14 stocks 1.1 Analyst's Opinion Consensus RatingG-III Apparel Group has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.14, G-III Apparel Group has a forecasted downside of 4.9% from its current price of $20.12.Amount of Analyst CoverageG-III Apparel Group has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.61% of the float of G-III Apparel Group has been sold short.Short Interest Ratio / Days to CoverG-III Apparel Group has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in G-III Apparel Group has recently increased by 4.86%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldG-III Apparel Group does not currently pay a dividend.Dividend GrowthG-III Apparel Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GIII. Previous Next 2.0 News and Social Media Coverage News SentimentG-III Apparel Group has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 32 news articles for G-III Apparel Group this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for GIII on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added G-III Apparel Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, G-III Apparel Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,472.00 in company stock.Percentage Held by Insiders13.20% of the stock of G-III Apparel Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.79% of the stock of G-III Apparel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for G-III Apparel Group are expected to grow by 2.46% in the coming year, from $2.85 to $2.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of G-III Apparel Group is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of G-III Apparel Group is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioG-III Apparel Group has a PEG Ratio of 0.49. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioG-III Apparel Group has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About G-III Apparel Group (NASDAQ:GIII) StockG-III Apparel Group Ltd. engages in the designing, sourcing, and marketing of women's apparel. The firm's product range includes outerwear, dresses, sportswear, swimwear, women's suits and performance wear, as well as handbags, footwear, small leather goods, cold weather accessories, and luggage. It operates through the Wholesale and Retail segments. The Wholesale segment includes sales of products under the company's owned, licensed, and private label brands, as well as sales related to the Vilebrequin business. The Retail segment consists primarily of direct sales to consumers through company-operated stores, DKNY and Karl Lagerfeld Paris stores, as well as the digital channels for DKNY, Donna Karan, Karl Lagerfeld Paris, G.H Bass, Andrew Marc, and Wilsons Leather. The company was founded by Aron Goldfarb in 1956 and is headquartered in New York, NY.Read More Receive GIII Stock News and Ratings via Email Sign-up to receive the latest news and ratings for G-III Apparel Group and its competitors with MarketBeat's FREE daily newsletter. Email Address GIII Stock News HeadlinesJune 8, 2023 | americanbankingnews.comQ3 2024 EPS Estimates for G-III Apparel Group, Ltd. (NASDAQ:GIII) Increased by AnalystJune 8, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Shares Gap Up on Better-Than-Expected EarningsJune 8, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.June 7, 2023 | finance.yahoo.comG-III Apparel Group (NASDAQ:GIII) adds US$179m to market cap in the past 7 days, though investors from five years ago are still down 57%June 7, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) PT Raised to $20.00 at BarclaysJune 7, 2023 | americanbankingnews.comPiper Sandler Raises G-III Apparel Group (NASDAQ:GIII) Price Target to $17.00June 7, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) PT Raised to $23.00June 7, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Posts Earnings Results, Beats Expectations By $0.23 EPSJune 8, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.June 7, 2023 | finance.yahoo.comQ1 2024 G-III Apparel Group Ltd Earnings CallJune 6, 2023 | finance.yahoo.comG-III Apparel (GIII) Reports Q1 Earnings: What Key Metrics Have to SayJune 6, 2023 | finance.yahoo.comWhy G-III Apparel Stock Was Climbing TodayJune 6, 2023 | msn.comG-III Apparel notches earnings beat, raises earnings outlookJune 6, 2023 | finance.yahoo.comG-III Apparel Group (GIII) Q1 Earnings and Revenues Surpass EstimatesJune 6, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Issues Q2 Earnings GuidanceJune 6, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Releases FY24 Earnings GuidanceJune 5, 2023 | msn.comG-III Apparel Q1 2024 Earnings PreviewJune 5, 2023 | americanbankingnews.comG-III Apparel Group (GIII) Set to Announce Quarterly Earnings on TuesdayJune 4, 2023 | americanbankingnews.comBrokerages Set G-III Apparel Group, Ltd. (NASDAQ:GIII) Target Price at $19.38June 1, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for G-III Apparel Group, Ltd.'s FY2025 Earnings (NASDAQ:GIII)June 1, 2023 | msn.comTelsey Advisory Group Reiterates G-III Apparel Group (GIII) Market Perform RecommendationMay 31, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These NA Companies: G-III Apparel Group (GIII) and Lowe’s (LOW)May 30, 2023 | finance.yahoo.comCORRECTING and REPLACING G-III Apparel Group Announces Date for First Quarter 2024 ResultsMay 23, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Lowered to "Sell" at StockNews.comMay 13, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Upgraded to Hold by StockNews.comMay 10, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Receives $19.38 Consensus PT from AnalystsMay 5, 2023 | finance.yahoo.comIs G-III Apparel Group, Ltd. (GIII) a Cheap Stock?See More Headlines GIII Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GIII Company Calendar Last Earnings6/06/2023Today6/08/2023Next Earnings (Estimated)9/06/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Apparel, finished products from fabrics & similar materials Sub-IndustryApparel Accessories & Luxury Goods SectorConsumer Discretionary Current SymbolNASDAQ:GIII CUSIP36237H10 CIK821002 Webwww.giii.com Phone(212) 403-0500Fax212-403-0551Employees4,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.14 High Stock Price Forecast$23.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside-4.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($3.47) Trailing P/E RatioN/A Forward P/E Ratio7.12 P/E Growth0.49Net Income$-133,060,000.00 Net Margins-5.10% Pretax Margin-5.52% Return on Equity7.22% Return on Assets3.65% Debt Debt-to-Equity Ratio0.35 Current Ratio2.85 Quick Ratio1.63 Sales & Book Value Annual Sales$3.23 billion Price / Sales0.29 Cash Flow$3.39 per share Price / Cash Flow5.98 Book Value$29.17 per share Price / Book0.70Miscellaneous Outstanding Shares45,590,000Free Float39,573,000Market Cap$925.02 million OptionableOptionable Beta2.64 Social Links Key ExecutivesMorris GoldfarbChairman & Chief Executive OfficerSammy AaronVice Chairman & PresidentNeal S. NackmanChief Financial Officer & TreasurerJeffrey David GoldfarbDirector, EVP & Director-Strategic PlanningMike BradySenior Vice President-FinanceKey CompetitorsCarter'sNYSE:CRILanvin GroupNYSE:LANVUnder ArmourNYSE:UAASinclair Broadcast GroupNASDAQ:SBGISturm, Ruger & Company, Inc.NYSE:RGRView All CompetitorsInsiders & InstitutionsRoyce & Associates LPSold 23,455 shares on 5/23/2023Ownership: 0.048%Ameriprise Financial Inc.Sold 18,428 shares on 5/22/2023Ownership: 0.896%JPMorgan Chase & Co.Sold 1,073 shares on 5/18/2023Ownership: 1.009%New York State Common Retirement FundSold 27,443 shares on 5/18/2023Ownership: 0.137%Thrivent Financial for LutheransSold 1,483 shares on 5/17/2023Ownership: 0.093%View All Insider TransactionsView All Institutional Transactions GIII Stock - Frequently Asked Questions Should I buy or sell G-III Apparel Group stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for G-III Apparel Group in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GIII shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GIII, but not buy additional shares or sell existing shares. View GIII analyst ratings or view top-rated stocks. What is G-III Apparel Group's stock price forecast for 2023? 7 brokers have issued 12-month target prices for G-III Apparel Group's stock. Their GIII share price forecasts range from $14.00 to $23.00. On average, they anticipate the company's share price to reach $19.14 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. View analysts price targets for GIII or view top-rated stocks among Wall Street analysts. How have GIII shares performed in 2023? G-III Apparel Group's stock was trading at $13.71 at the beginning of 2023. Since then, GIII stock has increased by 48.4% and is now trading at $20.35. View the best growth stocks for 2023 here. When is G-III Apparel Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 6th 2023. View our GIII earnings forecast. How were G-III Apparel Group's earnings last quarter? G-III Apparel Group, Ltd. (NASDAQ:GIII) announced its earnings results on Tuesday, June, 6th. The textile maker reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.23. The textile maker had revenue of $606.60 million for the quarter, compared to the consensus estimate of $558.33 million. G-III Apparel Group had a positive trailing twelve-month return on equity of 7.22% and a negative net margin of 5.10%. The firm's revenue was down 11.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. What ETFs hold G-III Apparel Group's stock? ETFs with the largest weight of G-III Apparel Group (NASDAQ:GIII) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap 600 Revenue ETF (RWJ).Syntax Stratified SmallCap ETF (SSLY), When did G-III Apparel Group's stock split? G-III Apparel Group's stock split on Monday, May 4th 2015. The 2-1 split was announced on Tuesday, April 7th 2015. The newly issued shares were issued to shareholders after the market closes on Friday, May 1st 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What guidance has G-III Apparel Group issued on next quarter's earnings? G-III Apparel Group updated its FY 2024 earnings guidance on Wednesday, June, 7th. The company provided EPS guidance of $2.80-$2.90 for the period, compared to the consensus earnings per share estimate of $2.54. The company issued revenue guidance of $3.29 billion-$3.29 billion, compared to the consensus revenue estimate of $3.19 billion. What is Morris Goldfarb's approval rating as G-III Apparel Group's CEO? 116 employees have rated G-III Apparel Group Chief Executive Officer Morris Goldfarb on Glassdoor.com. Morris Goldfarb has an approval rating of 63% among the company's employees. This puts Morris Goldfarb in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 53.0% of employees surveyed would recommend working at G-III Apparel Group to a friend. What other stocks do shareholders of G-III Apparel Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other G-III Apparel Group investors own include Bank of America (BAC), Ciena (CIEN), Energy Transfer (ET), Boston Scientific (BSX), Advanced Micro Devices (AMD), Alibaba Group (BABA), Carnival Co. & (CCL), Gilead Sciences (GILD) and Intelsat (I). What is G-III Apparel Group's stock symbol? G-III Apparel Group trades on the NASDAQ under the ticker symbol "GIII." Who are G-III Apparel Group's major shareholders? G-III Apparel Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.06%), Madison Avenue Partners LP (7.57%), Dimensional Fund Advisors LP (6.77%), State Street Corp (3.73%), Charles Schwab Investment Management Inc. (2.15%) and Arrowstreet Capital Limited Partnership (1.95%). Insiders that own company stock include Alan Feller, Amigo Victor Herrero, Jeffrey David Goldfarb, Laura H Pomerantz, Morris Goldfarb, Neal Nackman, Sammy Aaron, Thomas Brosig and Wayne S Miller. View institutional ownership trends. How do I buy shares of G-III Apparel Group? Shares of GIII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is G-III Apparel Group's stock price today? One share of GIII stock can currently be purchased for approximately $20.35. How much money does G-III Apparel Group make? G-III Apparel Group (NASDAQ:GIII) has a market capitalization of $927.76 million and generates $3.23 billion in revenue each year. The textile maker earns $-133,060,000.00 in net income (profit) each year or ($3.47) on an earnings per share basis. How many employees does G-III Apparel Group have? The company employs 4,700 workers across the globe. How can I contact G-III Apparel Group? G-III Apparel Group's mailing address is 512 SEVENTH AVE, NEW YORK NY, 10018. The official website for the company is www.giii.com. The textile maker can be reached via phone at (212) 403-0500, via email at ir@g-iii.com, or via fax at 212-403-0551. This page (NASDAQ:GIII) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding G-III Apparel Group, Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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