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. $16.50 -0.50 (-2.94%) (As of 02/6/2023 01:19 PM ET) Add Compare Share Share Today's Range$16.45▼$16.8450-Day Range$11.97▼$21.6352-Week Range$11.60▼$31.70Volume149,203 shsAverage Volume596,246 shsMarket Capitalization$783.59 millionP/E Ratio4.58Dividend YieldN/APrice Target$19.13 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media G-III Apparel Group MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside15.0% Upside$19.13 Price TargetShort InterestHealthy6.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.26Based on 3 Articles This WeekInsider TradingAcquiring Shares$3.51 M Bought Last QuarterProj. Earnings Growth14.33%From $2.93 to $3.35 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.3.09 out of 5 starsConsumer Discretionary Sector5th out of 264 stocksApparel, Finished Products From Fabrics & Similar Materials Industry1st out of 13 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 $19.13, G-III Apparel Group has a forecasted upside of 15.0% from its current price of $16.63.Amount of Analyst CoverageG-III Apparel Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted6.50% 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 2.3, 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 decreased by 13.27%, indicating that investor sentiment is improving 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 2.4 News and Social Media Coverage News SentimentG-III Apparel Group has a news sentiment score of 0.26. 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 0.49 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for G-III Apparel Group this week, compared to 2 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 -83% compared to the previous 30 days.MarketBeat Follows8 people have added G-III Apparel Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 bought more of their company's stock than they have sold. Specifically, they have bought $3,506,534.00 in company stock and sold $0.00 in 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 4.4 Earnings and Valuation Earnings GrowthEarnings for G-III Apparel Group are expected to grow by 14.33% in the coming year, from $2.93 to $3.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of G-III Apparel Group is 4.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.23.Price to Earnings Ratio vs. SectorThe P/E ratio of G-III Apparel Group is 4.62, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.62.Price to Earnings Growth RatioG-III Apparel Group has a PEG Ratio of 0.34. 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 0.53. 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 HeadlinesFebruary 2, 2023 | americanbankingnews.comG-III Apparel Group's (GIII) Overweight Rating Reaffirmed at KeyCorpJanuary 30, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Receives $19.00 Average PT from BrokeragesFebruary 6, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 8, 2023 | finance.yahoo.comLet's Patch Together a Trade in a Worn Down Apparel NameDecember 30, 2022 | benzinga.comG-III Shareholder Investigation: Submit Your Losses to Johnson FistelDecember 29, 2022 | finance.yahoo.comInvestors in G-III Apparel Group (NASDAQ:GIII) have unfortunately lost 66% over the last five yearsDecember 18, 2022 | finance.yahoo.comIs G-III Apparel (GIII) a Smart Long-Term Buy?December 14, 2022 | wsj.comG-III Apparel Shareholder News: Johnson Fistel Encourages GIII Shareholders with Losses to Contact the Firm Regarding Class Action InvestigationFebruary 6, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...December 11, 2022 | finance.yahoo.comFisker stock snapped up by CEO after short report: Insider trades for the weekDecember 7, 2022 | finance.yahoo.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Q3 2023 Earnings Call TranscriptDecember 6, 2022 | nasdaq.comBear of the Day: GIII Apparel (GIII)December 2, 2022 | finance.yahoo.comG-III Apparel Group Third Quarter 2023 Earnings: EPS Misses ExpectationsNovember 30, 2022 | finance.yahoo.comG-III Apparel's Earnings Visibility Remains Challenging, Analyst SaysNovember 28, 2022 | finance.yahoo.comG-III Apparel Group Announces Date for Third Quarter Fiscal 2023 ResultsNovember 24, 2022 | msn.comGIII or COLM: Which Is the Better Value Stock Right Now?November 20, 2022 | seekingalpha.comG-III Apparel Group: Shares Are At A Sizable Discount Right NowNovember 10, 2022 | finance.yahoo.comG-III Apparel Group's (NASDAQ:GIII) Returns On Capital Are Heading HigherNovember 8, 2022 | finance.yahoo.comWall Street Analysts See a 43% Upside in G-III Apparel (GIII): Can the Stock Really Move This High?November 8, 2022 | finance.yahoo.comGIII vs. COLM: Which Stock Is the Better Value Option?October 19, 2022 | seekingalpha.comGIII G-III Apparel Group, Ltd.September 27, 2022 | nasdaq.comThe Last 12 Months Of Insider Transactions At G-III Apparel GroupSeptember 15, 2022 | finance.yahoo.comThe 7 Best Cheap Stocks to Buy NowSeptember 9, 2022 | investing.comIs G-III Apparel Group A Value Trap?September 9, 2022 | seekingalpha.comG-III Apparel Group, Ltd. (GIII) Q2 2023 Earnings Call TranscriptSeptember 7, 2022 | msn.comG-III Apparel Group: Q2 Earnings InsightsSeptember 7, 2022 | finance.yahoo.comG-III Apparel Group (GIII) Misses Q2 Earnings EstimatesSee 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 Earnings11/30/2022Today2/06/2023Next Earnings (Estimated)3/16/2023Fiscal 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$19.13 High Stock Price Forecast$37.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+15.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$3.60 Trailing P/E Ratio4.58 Forward P/E Ratio5.63 P/E Growth0.34Net Income$200.59 million Net Margins5.66% Pretax Margin7.25% Return on Equity10.70% Return on Assets5.69% Debt Debt-to-Equity Ratio0.49 Current Ratio3.09 Quick Ratio1.68 Sales & Book Value Annual Sales$2.77 billion Price / Sales0.28 Cash Flow$4.56 per share Price / Cash Flow3.62 Book Value$31.29 per share Price / Book0.53Miscellaneous Outstanding Shares47,490,000Free Float42,930,000Market Cap$783.59 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:CRIAMC NetworksNASDAQ:AMCXSleep NumberNASDAQ:SNBRRCI HospitalityNASDAQ:RICKAccel EntertainmentNYSE:ACELView All CompetitorsInsiders & InstitutionsTowerview LLCBought 207,500 shares on 2/2/2023Ownership: 0.437%SG Americas Securities LLCBought 26,540 shares on 2/2/2023Ownership: 0.074%Nisa Investment Advisors LLCSold 1,388 shares on 2/2/2023Ownership: 0.018%Simplex Trading LLCSold 2,700 shares on 2/2/2023Ownership: 0.000%Zurcher Kantonalbank Zurich Cantonalbank Sold 2,271 shares on 2/1/2023Ownership: 0.009%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 equities 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 equities 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 analysts have issued 12 month target prices for G-III Apparel Group's shares. Their GIII share price forecasts range from $13.00 to $37.00. On average, they anticipate the company's share price to reach $19.13 in the next year. This suggests a possible upside of 12.5% 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 at the start of the year. Since then, GIII stock has increased by 24.0% and is now trading at $17.00. View the best growth stocks for 2023 here. Are investors shorting G-III Apparel Group? G-III Apparel Group saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 2,680,000 shares, a drop of 13.3% from the December 31st total of 3,090,000 shares. Based on an average trading volume of 1,180,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 6.5% of the company's shares 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 Thursday, March 16th 2023. View our GIII earnings forecast. How were G-III Apparel Group's earnings last quarter? G-III Apparel Group, Ltd. (NASDAQ:GIII) posted its earnings results on Wednesday, November, 30th. The textile maker reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.85 by $0.50. The textile maker earned $1.08 billion during the quarter, compared to the consensus estimate of $1.07 billion. G-III Apparel Group had a net margin of 5.66% and a trailing twelve-month return on equity of 10.70%. 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 minted shares were distributed 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 2023 earnings guidance on Saturday, December, 31st. 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 a variety of institutional and retail investors. Top institutional shareholders include Ziegler Capital Management LLC (0.57%), Scout Investments Inc. (0.57%), Towerview LLC (0.44%), Assenagon Asset Management S.A. (0.36%), New York State Common Retirement Fund (0.19%) and New York State Teachers Retirement System (0.09%). 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 $17.00. How much money does G-III Apparel Group make? G-III Apparel Group (NASDAQ:GIII) has a market capitalization of $807.33 million and generates $2.77 billion in revenue each year. The textile maker earns $200.59 million in net income (profit) each year or $3.60 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 2/6/2023 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. 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. Get short term trading ideas from the MarketBeat Idea Engine. 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