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NASDAQ:GIIIG-III Apparel Group Stock Price, Forecast & News

$13.43
+1.56 (+13.14 %)
(As of 06/3/2020 04:00 PM ET)
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Today's Range
$12.10
Now: $13.43
$13.60
50-Day Range
$8.21
MA: $9.83
$11.87
52-Week Range
$2.96
Now: $13.43
$34.42
Volume2.42 million shs
Average Volume1.61 million shs
Market Capitalization$645.31 million
P/E Ratio4.54
Dividend YieldN/A
Beta2.48
G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates in 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. The company markets apparel and other products under the proprietary brand names, including DKNY, Donna Karan, Vilebrequin, G.H. Bass, Andrew Marc, Marc New York, Black Rivet, Wilsons, Eliza J, Jessica Howard, G-III Sports by Carl Banks, and G-III for Her; and licensed brands, such as Calvin Klein, Tommy Hilfiger, Karl Lagerfeld Paris, Guess?, Kenneth Cole, Cole Haan, Levi's, Vince Camuto, Kensie, and Dockers. It has licenses with the National Football League, Major League Baseball, National Basketball Association, National Hockey League, Touch by Alyssa Milano, Hands High, Collegiate Licensing Company, Starter, and Alliance of American Football, as well as approximately 150 U.S. colleges and universities. The company offers its products to department, specialty, and mass merchant retail stores. As of January 31, 2019, it operated 308 leased retail stores, which included 139 Wilsons Leather stores, 111 G.H. Bass stores, 42 DKNY stores, 11 Karl Lagerfeld Paris stores, and 5 Calvin Klein Performance stores. The company also operates Wilsons Leather, G.H. Bass, DKNY, and Karl Lagerfeld Paris branded online stores. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.92 out of 5 stars


Industry, Sector and Symbol

Industry Apparel, finished products from fabrics & similar materials
Sub-IndustryApparel Accessories & Luxury Goods
Current SymbolNASDAQ:GIII
CUSIP36237H10
Phone212-403-0500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.16 billion
Cash Flow$4.62 per share
Book Value$27.03 per share

Profitability

Net Income$143.84 million

Miscellaneous

Employees6,400
Market Cap$645.31 million
Next Earnings Date6/4/2020 (Confirmed)
OptionableOptionable

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G-III Apparel Group (NASDAQ:GIII) Frequently Asked Questions

How has G-III Apparel Group's stock been impacted by COVID-19 (Coronavirus)?

G-III Apparel Group's stock was trading at $16.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GIII stock has decreased by 17.0% and is now trading at $13.43. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of G-III Apparel Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for G-III Apparel Group in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for G-III Apparel Group.

When is G-III Apparel Group's next earnings date?

G-III Apparel Group is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for G-III Apparel Group.

How were G-III Apparel Group's earnings last quarter?

G-III Apparel Group, Ltd. (NASDAQ:GIII) announced its quarterly earnings data on Thursday, March, 19th. The textile maker reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.08. The textile maker earned $754.60 million during the quarter, compared to the consensus estimate of $799.07 million. G-III Apparel Group had a net margin of 4.55% and a return on equity of 12.74%. G-III Apparel Group's revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 EPS. View G-III Apparel Group's earnings history.

When did G-III Apparel Group's stock split? How did G-III Apparel Group's stock split work?

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 payable to shareholders after the closing bell on Friday, May 1st 2015. An investor that had 100 shares of G-III Apparel Group stock prior to the split would have 200 shares after the split.

What price target have analysts set for GIII?

11 Wall Street analysts have issued twelve-month price objectives for G-III Apparel Group's shares. Their forecasts range from $8.00 to $33.00. On average, they anticipate G-III Apparel Group's share price to reach $18.91 in the next year. This suggests a possible upside of 40.8% from the stock's current price. View analysts' price targets for G-III Apparel Group.

Has G-III Apparel Group been receiving favorable news coverage?

Media coverage about GIII stock has trended negative on Thursday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. G-III Apparel Group earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media coverage about the textile maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutG-III Apparel Group.

Are investors shorting G-III Apparel Group?

G-III Apparel Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 7,830,000 shares, an increase of 6.1% from the April 30th total of 7,380,000 shares. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is presently 6.0 days. Approximately 18.7% of the company's stock are short sold. View G-III Apparel Group's Current Options Chain.

Who are some of G-III Apparel Group's key competitors?

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), Catabasis Pharmaceuticals (CATB), Alibaba Group (BABA), Ciena (CIEN), Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), Boston Scientific (BSX), salesforce.com (CRM), Micron Technology (MU) and United Continental (UAL).

Who are G-III Apparel Group's key executives?

G-III Apparel Group's management team includes the following people:
  • Mr. Morris Goldfarb, Chairman & CEO (Age 68)
  • Mr. Sammy Aaron, Vice Chairman & Pres (Age 60)
  • Mr. Neal S. Nackman, CFO & Treasurer (Age 59)
  • Mr. Wayne S. Miller, COO & Sec. (Age 61)
  • Mr. Jeffrey Goldfarb, Exec. VP, Director of Strategic Planning & Director (Age 42)

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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.33%), Cramer Rosenthal Mcglynn LLC (5.27%), Invesco Ltd. (4.90%), State Street Corp (3.41%), Nuveen Asset Management LLC (2.59%) and Victory Capital Management Inc. (1.72%). Company insiders that own G-III Apparel Group stock include Alan Feller, Bokhorst Willem Van, Jeffrey David Goldfarb, Laura H Pomerantz, Morris Goldfarb, Sammy Aaron, Thomas Brosig and Wayne S Miller. View institutional ownership trends for G-III Apparel Group.

Which institutional investors are selling G-III Apparel Group stock?

GIII stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Victory Capital Management Inc., Victory Capital Management Inc., Nuveen Asset Management LLC, Cramer Rosenthal Mcglynn LLC, Squarepoint Ops LLC, and Invesco Ltd.. View insider buying and selling activity for G-III Apparel Group.

Which institutional investors are buying G-III Apparel Group stock?

GIII stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, State Street Corp, Federated Hermes Inc., Trexquant Investment LP, Penn Capital Management Co. Inc., Janney Montgomery Scott LLC, and Geode Capital Management LLC. Company insiders that have bought G-III Apparel Group stock in the last two years include Morris Goldfarb, and Thomas Brosig. View insider buying and selling activity for G-III Apparel Group.

How do I buy shares of G-III Apparel Group?

Shares of GIII can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is G-III Apparel Group's stock price today?

One share of GIII stock can currently be purchased for approximately $13.43.

How big of a company is G-III Apparel Group?

G-III Apparel Group has a market capitalization of $645.31 million and generates $3.16 billion in revenue each year. The textile maker earns $143.84 million in net income (profit) each year or $3.19 on an earnings per share basis. G-III Apparel Group employs 6,400 workers across the globe.

What is G-III Apparel Group's official website?

The official website for G-III Apparel Group is www.giii.com.

How can I contact G-III Apparel Group?

G-III Apparel Group's mailing address is 512 SEVENTH AVE, NEW YORK NY, 10018. The textile maker can be reached via phone at 212-403-0500.

This page was last updated on 6/4/2020 by MarketBeat.com Staff

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