NASDAQ:GIII G-III Apparel Group (GIII) Stock Forecast, Price & News $16.12 +0.04 (+0.25%) (As of 11:03 AM ET) Add Compare Share Share Today's Range$15.83▼$16.2150-Day Range$14.04▼$17.3252-Week Range$11.60▼$28.12Volume74,951 shsAverage Volume582,532 shsMarket Capitalization$734.91 millionP/E RatioN/ADividend YieldN/APrice Target$19.38 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media G-III Apparel Group MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside20.5% Upside$19.38 Price TargetShort InterestBearish9.61% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.71Based on 9 Articles This WeekInsider TradingSelling Shares$50,472 Sold Last QuarterProj. Earnings Growth12.64%From $2.61 to $2.94 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.2.11 out of 5 starsConsumer Discretionary Sector162nd out of 277 stocksApparel, Finished Products From Fabrics & Similar Materials Industry10th out of 13 stocks 2.1 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 20.5% from its current price of $16.08.Amount of Analyst CoverageG-III Apparel Group has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.61% 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 6.6.Change versus previous monthShort interest in G-III Apparel Group has recently increased by 4.86%, indicating that investor sentiment is decreasing. 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 2.1 News and Social Media Coverage News SentimentG-III Apparel Group has a news sentiment score of 0.71. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 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 -67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added G-III Apparel Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,472.00 in company stock.Percentage Held by Insiders13.20% of the stock of G-III Apparel Group is held by insiders. A high percentage of insider ownership can be a sign of company health.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 3.1 Earnings and Valuation Earnings GrowthEarnings for G-III Apparel Group are expected to grow by 12.64% in the coming year, from $2.61 to $2.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of G-III Apparel Group is -5.51, 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 -5.51, 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 0.44. 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 0.55. 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 HeadlinesJune 1, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for G-III Apparel Group, Ltd.'s FY2025 Earnings (NASDAQ:GIII)June 1, 2023 | msn.comTelsey Advisory Group Reiterates G-III Apparel Group (GIII) Market Perform RecommendationJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 31, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These NA Companies: G-III Apparel Group (GIII) and Lowe’s (LOW)May 30, 2023 | finance.yahoo.comCORRECTING and REPLACING G-III Apparel Group Announces Date for First Quarter 2024 ResultsMay 23, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Lowered to "Sell" at StockNews.comMay 13, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Upgraded to Hold by StockNews.comMay 10, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Receives $19.38 Consensus PT from AnalystsJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 5, 2023 | finance.yahoo.comIs G-III Apparel Group, Ltd. (GIII) a Cheap Stock?May 4, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Short Interest UpdateMay 2, 2023 | finance.yahoo.comG-III Apparel Group (NASDAQ:GIII) Has More To Do To Multiply In Value Going ForwardApril 26, 2023 | finance.yahoo.comWhy Is PVH (PVH) Down 5.7% Since Last Earnings Report?April 22, 2023 | thestreet.comG-III Apparel Group Stock Hits New 52-Week Low (GIII)April 21, 2023 | americanbankingnews.comMGO Global (NASDAQ:MGOL) & G-III Apparel Group (NASDAQ:GIII) Financial ReviewApril 21, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Downgraded by StockNews.com to "Sell"April 20, 2023 | markets.businessinsider.comShort Volatility Alert: G-iii ApparelApril 17, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Receives $19.38 Average PT from BrokeragesApril 16, 2023 | finance.yahoo.comTop 10 Luxury Clothing Stocks to BuyApril 13, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Stock Rating Lowered by StockNews.comApril 9, 2023 | americanbankingnews.comInsider Selling: G-III Apparel Group, Ltd. (NASDAQ:GIII) Director Sells $50,472.50 in StockApril 5, 2023 | finance.yahoo.comBullish insiders at G-III Apparel Group, Ltd. (NASDAQ:GIII) loaded up on US$3.5m of stock earlier this yearApril 5, 2023 | americanbankingnews.comStockNews.com Upgrades G-III Apparel Group (NASDAQ:GIII) to "Hold"April 4, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. to Post Q3 2024 Earnings of $1.66 Per Share, Zacks Research Forecasts (NASDAQ:GIII)March 30, 2023 | americanbankingnews.comG-III Apparel Group (NASDAQ:GIII) Shares Up 4.8%March 22, 2023 | americanbankingnews.comBrokers Set Expectations for G-III Apparel Group, Ltd.'s Q3 2024 Earnings (NASDAQ:GIII)March 21, 2023 | americanbankingnews.comG-III Apparel Group, Ltd. (NASDAQ:GIII) Expected to Post Q2 2024 Earnings of $0.37 Per ShareSee More Headlines GIII Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GIII Company Calendar Last Earnings3/16/2023Today6/01/2023Next Earnings (Confirmed)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) 403-0500Fax212-403-0551Employees4,700Year 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+20.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($2.92) Trailing P/E RatioN/A Forward P/E Ratio6.16 P/E Growth0.44Net Income$-133,060,000.00 Net Margins-4.12% Pretax Margin-4.28% Return on Equity9.08% Return on Assets4.73% Debt Debt-to-Equity Ratio0.35 Current Ratio2.85 Quick Ratio1.63 Sales & Book Value Annual Sales$3.23 billion Price / Sales0.23 Cash Flow$3.31 per share Price / Cash Flow4.86 Book Value$29.17 per share Price / Book0.55Miscellaneous Outstanding Shares45,590,000Free Float39,573,000Market Cap$733.09 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:CRILanvin GroupNYSE:LANVAccel EntertainmentNYSE:ACELPerdoceo EducationNASDAQ:PRDOGray TelevisionNYSE:GTN.AView All CompetitorsInsiders & InstitutionsRoyce & Associates LPSold 23,455 shares on 5/23/2023Ownership: 0.048%Ameriprise Financial Inc.Sold 18,428 shares on 5/22/2023Ownership: 0.896%JPMorgan Chase & Co.Sold 1,073 shares on 5/18/2023Ownership: 1.009%New York State Common Retirement FundSold 27,443 shares on 5/18/2023Ownership: 0.137%Thrivent Financial for LutheransSold 1,483 shares on 5/17/2023Ownership: 0.093%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 equities research 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 share price to reach $19.38 in the next twelve months. This suggests a possible upside of 20.5% 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 beginning of 2023. Since then, GIII stock has increased by 17.3% and is now trading at $16.08. View the best growth stocks for 2023 here. 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 can I listen to G-III Apparel Group's earnings call? G-III Apparel Group will be holding an earnings conference call on Tuesday, June 6th at 8:30 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) released its quarterly earnings results on Thursday, March, 16th. The textile maker reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.05. The textile maker earned $854.20 million during the quarter, compared to analyst estimates 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 9.08%. G-III Apparel Group's revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company 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), Invesco S&P SmallCap 600 Revenue ETF (RWJ).Syntax Stratified SmallCap ETF (SSLY), When did G-III Apparel Group's stock split? G-III Apparel Group shares split before market open on Monday, May 4th 2015. The 2-1 split was announced on Tuesday, April 7th 2015. The newly created shares were distributed 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 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 EPS 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.06%), Madison Avenue Partners LP (7.57%), Dimensional Fund Advisors LP (6.77%), State Street Corp (3.73%), Charles Schwab Investment Management Inc. (2.15%) and Arrowstreet Capital Limited Partnership (1.95%). 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 $16.08. How much money does G-III Apparel Group make? G-III Apparel Group (NASDAQ:GIII) has a market capitalization of $733.09 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 4,700 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, via email at ir@g-iii.com, or via fax at 212-403-0551. This page (NASDAQ:GIII) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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