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NASDAQ:GIII

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

$12.60
-9.03 (-41.75%)
(As of 12/1/2022 11:10 AM ET)
Add
Compare
Today's Range
$12.43
$15.75
50-Day Range
$14.95
$21.63
52-Week Range
$14.37
$32.76
Volume
299,294 shs
Average Volume
623,535 shs
Market Capitalization
$598.37 million
P/E Ratio
2.80
Dividend Yield
N/A
Price Target
$25.00

G-III Apparel Group MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
83.4% Upside
$23.75 Price Target
Short Interest
Bearish
7.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.07mentions of G-III Apparel Group in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.38%
From $3.66 to $4.04 Per Share

Overall MarketRank

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

2.62 out of 5 stars

Consumer Discretionary Sector

109th out of 274 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

9th 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.

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GIII Stock News Headlines

G-III Apparel Group (GIII) to Release Earnings on Tuesday
G-III Apparel Group (GIII) Scheduled to Post Earnings on Tuesday
GIII vs. COLM: Which Stock Is the Better Value Option?
GIII G-III Apparel Group, Ltd.
The 7 Best Cheap Stocks to Buy Now
Is G-III Apparel Group A Value Trap?
G-III Apparel Group: Q2 Earnings Insights
G-III Apparel Group (GIII) Misses Q2 Earnings Estimates
G-III Apparel Posts Mixed Q2 Results; Cuts FY23 Guidance
G-III Apparel Group: From Overvalued To Attractive
Expert Ratings for G-III Apparel Group
See More Headlines
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GIII Company Calendar

Last Earnings
9/07/2022
Today
12/01/2022
Next Earnings (Estimated)
12/07/2022
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
$23.38
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+98.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
8 Analysts

Profitability

Net Income
$200.59 million
Pretax Margin
9.64%

Debt

Sales & Book Value

Annual Sales
$2.77 billion
Cash Flow
$2.79 per share
Book Value
$31.29 per share

Miscellaneous

Free Float
42,928,000
Market Cap
$598.37 million
Optionable
Optionable
Beta
2.52

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 research 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 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 brokerages have issued 1 year price objectives for G-III Apparel Group's stock. Their GIII share price forecasts range from $18.00 to $37.00. On average, they predict the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 15.6% 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 21.7% and is now trading at $21.63.
View the best growth stocks for 2022 here
.

Are investors shorting G-III Apparel Group?

G-III Apparel Group saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 3,130,000 shares, an increase of 8.3% from the October 31st total of 2,890,000 shares. Based on an average daily volume of 688,500 shares, the days-to-cover ratio is currently 4.5 days. Currently, 7.6% of the shares of the stock are short sold.
View G-III Apparel Group's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 7th 2022.
View our GIII earnings forecast
.

How can I listen to G-III Apparel Group's earnings call?

G-III Apparel Group will be holding an earnings conference call on Thursday, December 1st at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

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

G-III Apparel Group, Ltd. (NASDAQ:GIII) posted its earnings results on Wednesday, September, 7th. The textile maker reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.08. The textile maker earned $605.20 million during the quarter, compared to analyst estimates of $592.53 million. G-III Apparel Group had a net margin of 7.26% and a trailing twelve-month return on equity of 13.61%. The company's revenue for the quarter was up 25.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 earnings per share.

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

Shares of G-III Apparel Group split on the morning of 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 closing bell 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 Thursday, December, 1st. The company provided earnings per share (EPS) guidance of $2.90-$3.00 for the period, compared to the consensus estimate of $3.58. The company issued revenue guidance of $3.15 billion-$3.15 billion, compared to the consensus revenue estimate of $3.12 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.08%), Vanguard Group Inc. (10.04%), Dimensional Fund Advisors LP (7.02%), State Street Corp (3.50%), Royal Bank of Canada (2.77%) and Tributary Capital Management LLC (1.32%). 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 $21.63.

How much money does G-III Apparel Group make?

G-III Apparel Group (NASDAQ:GIII) has a market capitalization of $1.03 billion and generates $2.77 billion in revenue each year. The textile maker earns $200.59 million in net income (profit) each year or $4.50 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 12/1/2022 by MarketBeat.com Staff