NASDAQ:GIII G-III Apparel Group - GIII Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $15.54 +0.54 (+3.60%) (As of 03/21/2023 09:57 AM ET) Add Compare Share Share Today's Range$15.22▼$15.6250-Day Range$14.93▼$17.2252-Week Range$11.60▼$31.11Volume46,958 shsAverage Volume626,706 shsMarket Capitalization$737.99 millionP/E RatioN/ADividend YieldN/APrice Target$19.38 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media G-III Apparel Group MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside29.2% Upside$19.38 Price TargetShort InterestBearish8.69% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.22Based on 39 Articles This WeekInsider TradingN/AProj. Earnings Growth37.31%From $2.60 to $3.57 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.2.39 out of 5 starsConsumer Discretionary Sector104th out of 259 stocksApparel, Finished Products From Fabrics & Similar Materials Industry9th out of 12 stocks 3.1 Analyst's Opinion Consensus RatingG-III Apparel Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.38, G-III Apparel Group has a forecasted upside of 29.2% from its current price of $15.00.Amount of Analyst CoverageG-III Apparel Group has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.69% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in G-III Apparel Group has recently increased by 13.52%, indicating that investor sentiment is decreasing significantly. 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 1.0 News and Social Media Coverage News SentimentG-III Apparel Group has a news sentiment score of -0.22. 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 is a lower news sentiment than the 0.38 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 39 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 -88% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added G-III Apparel Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, G-III Apparel Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.60% of the stock of G-III Apparel Group is held by insiders.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 3.8 Earnings and Valuation Earnings GrowthEarnings for G-III Apparel Group are expected to grow by 37.31% in the coming year, from $2.60 to $3.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of G-III Apparel Group is -5.14, 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 -5.14, 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 0.39. 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 0.48. 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 HeadlinesMarch 16, 2023 | marketbeat.comApparel Stocks: 1 To Avoid, 1 To Watch And 1 To Buy (GIII)Apparel stocks aren't a traditional haven for investors, but there are 2 names offering value and yield and 1 may be too cheap to pass up.March 21, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Expected to Post Q2 2024 Earnings of $0.37 Per ShareMarch 21, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.March 21, 2023 | americanbankingnews.comBrokerages Set G-III Apparel Group, Ltd. (NASDAQ:GIII) Price Target at $19.38March 20, 2023 | finance.yahoo.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Q4 2023 Earnings Call TranscriptMarch 20, 2023 | americanbankingnews.comBarclays Raises G-III Apparel Group (NASDAQ:GIII) Price Target to $15.00March 18, 2023 | seekingalpha.comG-III Apparel Group, Ltd. (GIII) Q4 2023 Earnings Call TranscriptMarch 18, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Posts Quarterly Earnings ResultsMarch 21, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.March 18, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPSMarch 18, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Shares Gap Down Following Weak EarningsMarch 17, 2023 | markets.businessinsider.comG-III Apparel Group (GIII) Gets a Hold from Telsey AdvisoryMarch 17, 2023 | finance.yahoo.comQ4 2023 G-III Apparel Group Ltd Earnings CallMarch 16, 2023 | seekingalpha.comG-III Apparel slides on soft Q1 earnings guidanceMarch 16, 2023 | msn.comG-III Apparel Non-GAAP EPS of $0.41 misses by $0.03, revenue of $854.43M beats by $85.15MMarch 16, 2023 | americanbankingnews.comG-III Apparel Group's (GIII) "Market Perform" Rating Reiterated at Telsey Advisory GroupMarch 16, 2023 | americanbankingnews.comFY2023 Earnings Estimate for G-III Apparel Group, Ltd. Issued By Telsey Advisory Group (NASDAQ:GIII)March 15, 2023 | businesswire.comThe Law Offices of Frank R. Cruz Continues Investigation of G-III Apparel Group, Ltd. (GIII) on Behalf of InvestorsMarch 15, 2023 | technews.tmcnet.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of G-III Apparel Group, Ltd. (GIII) on Behalf of InvestorsMarch 15, 2023 | benzinga.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of G-III Apparel Group, Ltd. (GIII) on Behalf of InvestorsMarch 15, 2023 | americanbankingnews.comTelsey Advisory Group Analysts Cut Earnings Estimates for G-III Apparel Group, Ltd. (NASDAQ:GIII)March 14, 2023 | businesswire.comThe Law Offices of Frank R. Cruz Announces Investigation of G-III Apparel Group, Ltd. (GIII) on Behalf of InvestorsMarch 9, 2023 | finance.yahoo.comG-III Apparel Group Announces Date for Fourth Quarter and Full Fiscal Year 2023 ResultsMarch 9, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, G-III Apparel Group (NASDAQ:GIII) Presents An OpportunityMarch 2, 2023 | benzinga.comROSEN, GLOBAL INVESTOR COUNSEL, Encourages G-III Apparel Group Ltd. Investors to Inquire About Securities Class Action Investigation – GIIIMarch 1, 2023 | benzinga.comTOP RANKED ROSEN LAW FIRM Encourages G-III Apparel Group Ltd. Investors to Inquire About Securities Class Action Investigation – GIIIFebruary 16, 2023 | benzinga.comROSEN, Top Ranked Investor Counsel, Encourages G-III Apparel Group Ltd. Investors to Inquire About Securities Class Action Investigation - GIIISee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings3/16/2023Today3/21/2023Next Earnings (Estimated)6/06/2023Fiscal 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) 403-0500Fax212-403-0551Employees3,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.38 High Stock Price Forecast$37.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+29.2%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($2.92) Trailing P/E RatioN/A Forward P/E Ratio5.77 P/E Growth0.39Net Income$200.59 million Net Margins-4.12% Pretax Margin-4.28% Return on Equity8.79% Return on Assets4.61% Debt Debt-to-Equity Ratio0.49 Current Ratio3.09 Quick Ratio1.68 Sales & Book Value Annual Sales$3.23 billion Price / Sales0.22 Cash Flow$3.50 per share Price / Cash Flow4.29 Book Value$31.29 per share Price / Book0.48Miscellaneous Outstanding Shares47,490,000Free Float42,930,000Market Cap$712.35 million OptionableOptionable Beta2.65 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:CRIRCI HospitalityNASDAQ:RICKRush Street InteractiveNYSE:RSIAMC NetworksNASDAQ:AMCXAccel EntertainmentNYSE:ACELView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 15,675 shares on 2/28/2023Ownership: 0.092%DGS Capital Management LLCBought 11,126 shares on 2/21/2023Ownership: 0.023%Chartwell Investment Partners LLCBought 95,865 shares on 2/16/2023Ownership: 0.939%Personal Capital Advisors CorpSold 415,458 shares on 2/16/2023Ownership: 0.086%Point72 Middle East FZEBought 22,617 shares on 2/16/2023Ownership: 0.048%View All Insider TransactionsView All Institutional Transactions GIII Stock - Frequently Asked Questions Should I buy or sell G-III Apparel Group stock right now? 8 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 2 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? 8 Wall Street analysts have issued 12 month price targets for G-III Apparel Group's shares. Their GIII share price forecasts range from $14.00 to $37.00. On average, they expect the company's stock price to reach $19.38 in the next twelve months. This suggests a possible upside of 29.2% 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 2023? G-III Apparel Group's stock was trading at $13.71 on January 1st, 2023. Since then, GIII stock has increased by 9.4% and is now trading at $15.00. View the best growth stocks for 2023 here. Are investors shorting G-III Apparel Group? G-III Apparel Group saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 3,610,000 shares, an increase of 13.5% from the February 13th total of 3,180,000 shares. Based on an average daily volume of 930,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 8.7% of the shares of the company 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 Tuesday, June 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 quarterly earnings data on Thursday, March, 16th. The textile maker reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.05. The textile maker had revenue of $854.20 million for the quarter, compared to analysts' expectations of $769.28 million. G-III Apparel Group had a negative net margin of 4.12% and a positive trailing twelve-month return on equity of 8.79%. The firm's revenue was up 14.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 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), Syntax Stratified SmallCap ETF (SSLY) and Invesco S&P SmallCap 600 Revenue ETF (RWJ).Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) and When did G-III Apparel Group's stock split? G-III Apparel Group shares split on the morning of Monday, May 4th 2015. The 2-1 split was announced on Tuesday, April 7th 2015. The newly minted shares were payable 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 updated its first quarter 2024 earnings guidance on Thursday, March, 16th. The company provided earnings per share guidance of -$0.15--$0.05 for the period, compared to the consensus earnings per share estimate of $0.57. The company issued revenue guidance of $560.00 million-$560.00 million, compared to the consensus revenue estimate of $694.88 million. 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 institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.24%), Madison Avenue Partners LP (3.95%), Morgan Stanley (2.14%), Charles Schwab Investment Management Inc. (1.84%), Geode Capital Management LLC (1.75%) and LSV Asset Management (1.62%). 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 $15.00. How much money does G-III Apparel Group make? G-III Apparel Group (NASDAQ:GIII) has a market capitalization of $712.35 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 ($2.92) 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 3/21/2023 by MarketBeat.com Staff 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. 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