S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
NASDAQ:GIII

G-III Apparel Group - GIII Stock Forecast, Price & News

$23.99
-0.66 (-2.68%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$23.77
$24.50
50-Day Range
$19.77
$24.92
52-Week Range
$19.38
$35.12
Volume
311,567 shs
Average Volume
513,926 shs
Market Capitalization
$1.16 billion
P/E Ratio
5.78
Dividend Yield
N/A
Price Target
$26.57

G-III Apparel Group MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
10.8% Upside
$26.57 Price Target
Short Interest
Bearish
9.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.38mentions of G-III Apparel Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.01%
From $4.33 to $4.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Consumer Discretionary Sector

145th out of 289 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

10th out of 13 stocks

GIII stock logo

About G-III Apparel Group (NASDAQ:GIII) Stock

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. The company markets apparel and other products under the proprietary brand names, including DKNY, Donna Karan, Vilebrequin, Eliza J, Jessica Howard, Andrew Marc, Marc New York, Sonia Rykiel, Black Rivet, G-III Sports by Carl Banks, and G-III for Her; and licensed brands, such as Calvin Klein, Tommy Hilfiger, Karl Lagerfeld Paris, Levi's, Guess?, Kenneth Cole, Cole Haan, Vince Camuto, and Dockers. It has licenses with the National Football League, Major League Baseball, National Basketball Association, Major League Baseball, and National Hockey League, 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, 2022, it operated 96 Vilebrequin retail stores; 60 DKNY and Karl Lagerfeld Paris stores; and 26 DKNY stores. The company also sells its products online. G-III Apparel Group, Ltd. was founded in 1956 and is headquartered in New York, New York.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. UBS Group dropped their price target on shares of G-III Apparel Group from $31.00 to $22.00 and set a "neutral" rating for the company in a research report on Friday, July 15th. KeyCorp assumed coverage on shares of G-III Apparel Group in a research report on Wednesday, July 20th. They issued an "overweight" rating and a $27.00 price target for the company. Wells Fargo & Company assumed coverage on shares of G-III Apparel Group in a research report on Monday, July 11th. They issued an "equal weight" rating and a $20.00 price target for the company. TheStreet lowered shares of G-III Apparel Group from a "b-" rating to a "c+" rating in a report on Tuesday, July 5th. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $28.00 price objective on shares of G-III Apparel Group in a report on Friday, July 22nd. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $26.57.

G-III Apparel Group Stock Performance

Shares of G-III Apparel Group stock opened at $24.65 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.58 and a quick ratio of 2.36. The firm has a market cap of $1.19 billion, a P/E ratio of 5.94 and a beta of 2.44. The firm has a 50 day simple moving average of $21.86 and a 200 day simple moving average of $25.11. G-III Apparel Group has a fifty-two week low of $19.38 and a fifty-two week high of $35.12.

G-III Apparel Group (NASDAQ:GIII - Get Rating) last issued its quarterly earnings results on Tuesday, June 7th. The textile maker reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.15. The business had revenue of $688.80 million during the quarter, compared to analyst estimates of $597.35 million. G-III Apparel Group had a net margin of 6.98% and a return on equity of 14.09%. G-III Apparel Group's revenue for the quarter was up 32.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 earnings per share. Sell-side analysts predict that G-III Apparel Group will post 4.33 earnings per share for the current fiscal year.

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.

GIII Stock News Headlines

G-III Apparel Q1 Profit Increases; Raises Guidance
See More Headlines
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.

GIII Company Calendar

Last Earnings
6/07/2022
Today
8/19/2022
Next Earnings (Estimated)
9/01/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Apparel, finished products from fabrics & similar materials
Sub-Industry
Apparel Accessories & Luxury Goods
Current Symbol
NASDAQ:GIII
CUSIP
36237H10
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.57
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+10.8%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$200.59 million
Pretax Margin
9.33%

Debt

Sales & Book Value

Annual Sales
$2.77 billion
Cash Flow
$4.61 per share
Book Value
$31.29 per share

Miscellaneous

Free Float
43,595,000
Market Cap
$1.16 billion
Optionable
Optionable
Beta
2.44

Social Links


Key Executives

  • Mr. Morris Goldfarb (Age 71)
    Chairman & CEO
    Comp: $8.78M
  • Mr. Sammy Aaron (Age 63)
    Vice Chairman & Pres
    Comp: $8.05M
  • Mr. Neal S. Nackman (Age 62)
    CFO & Treasurer
    Comp: $1.57M
  • Mr. Wayne S. MillerMr. Wayne S. Miller (Age 64)
    Sr. Strategic Advisor
    Comp: $1.34M
  • Mr. Jeffrey D. Goldfarb (Age 45)
    Exec. VP, Director of Strategic Planning & Director
    Comp: $2.78M
  • Ms. Amy Taub Kahn
    Pres
  • Ms. Priya Trivedi
    Sr. VP of Investor Relations & Treasurer
  • Ms. Bettina Havrilla
    Sr. VP of HR
  • Mr. Jonathan Elias
    Group Pres of the Calvin Klein, Tommy Hilfiger, DKNY & Karl Lagerfeld brands
  • Mr. Marc Rothstein
    Group Pres of the Calvin Klein, Tommy Hilfiger, DKNY & Karl Lagerfeld Paris Brands













GIII Stock - Frequently Asked Questions

Should I buy or sell G-III Apparel Group stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for G-III Apparel Group in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 2022?

7 analysts have issued 12 month target prices for G-III Apparel Group's stock. Their GIII share price forecasts range from $20.00 to $37.00. On average, they expect the company's share price to reach $26.57 in the next year. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for GIII
or view top-rated stocks among Wall Street analysts.

How have GIII shares performed in 2022?

G-III Apparel Group's stock was trading at $27.64 at the start of the year. Since then, GIII shares have decreased by 13.2% and is now trading at $23.99.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our GIII earnings forecast
.

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

G-III Apparel Group, Ltd. (NASDAQ:GIII) issued its earnings results on Tuesday, June, 7th. The textile maker reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.15. The textile maker had revenue of $688.80 million for the quarter, compared to analysts' expectations of $597.35 million. G-III Apparel Group had a trailing twelve-month return on equity of 14.09% and a net margin of 6.98%. G-III Apparel Group's quarterly revenue was up 32.5% compared to the same quarter last year. During the same period last year, the firm earned $0.53 earnings per share.

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

G-III Apparel Group's stock split on the morning of Monday, May 4th 2015. The 2-1 split was announced on Tuesday, April 7th 2015. The newly created shares were payable 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 issued an update on its FY 2023 earnings guidance on Tuesday, July, 5th. The company provided earnings per share guidance of $4.40-$4.50 for the period, compared to the consensus earnings per share estimate of $4.08. The company issued revenue guidance of $3.24 billion-$3.24 billion, compared to the consensus revenue estimate of $3.02 billion.

What is Morris Goldfarb's approval rating as G-III Apparel Group's CEO?

76 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.

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 number of institutional and retail investors. Top institutional investors include State Street Corp (3.47%), FMR LLC (1.67%), Point72 Asset Management L.P. (1.51%), Tributary Capital Management LLC (1.31%), Goldman Sachs Group Inc. (1.26%) and JPMorgan Chase & Co. (1.13%). Insiders that own company stock include Alan Feller, Bokhorst Willem Van, 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 $23.99.

How much money does G-III Apparel Group make?

G-III Apparel Group (NASDAQ:GIII) has a market capitalization of $1.16 billion and generates $2.77 billion in revenue each year. The textile maker earns $200.59 million in net income (profit) each year or $4.15 on an earnings per share basis.

How many employees does G-III Apparel Group have?

The company employs 3,600 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 or via fax at 212-403-0551.

This page (NASDAQ:GIII) was last updated on 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.