GIII Q3 EPS Forecast Increased by Telsey Advisory Group

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Stock analysts at Telsey Advisory Group increased their Q3 2026 earnings per share estimates for shares of G-III Apparel Group in a report issued on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings per share of $2.70 for the quarter, up from their prior estimate of $2.37. Telsey Advisory Group currently has a “Market Perform” rating and a $32.00 price target on the stock. The consensus estimate for G-III Apparel Group’s current full-year earnings is $4.15 per share. Telsey Advisory Group also issued estimates for G-III Apparel Group’s Q4 2026 earnings at $0.89 EPS.

Other research analysts also recently issued reports about the company. StockNews.com upgraded G-III Apparel Group from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Barclays raised their price objective on G-III Apparel Group from $27.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, December 11th. Guggenheim raised their price objective on G-III Apparel Group from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, KeyCorp lifted their price target on G-III Apparel Group from $34.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $32.17.

G-III Apparel Group Trading Down 3.2 %

GIII opened at $34.94 on Monday. The stock’s fifty day moving average is $31.19 and its two-hundred day moving average is $28.85. The company has a market capitalization of $1.53 billion, a P/E ratio of 9.17 and a beta of 2.14. G-III Apparel Group has a 52 week low of $20.66 and a 52 week high of $36.18. The company has a quick ratio of 1.80, a current ratio of 2.63 and a debt-to-equity ratio of 0.13.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings results on Tuesday, December 10th. The textile maker reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.33. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the company earned $2.78 EPS. G-III Apparel Group’s quarterly revenue was up 1.9% compared to the same quarter last year.

Insider Activity

In other news, CEO Morris Goldfarb sold 100,000 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $31.59, for a total value of $3,159,000.00. Following the completion of the sale, the chief executive officer now owns 3,990,085 shares of the company’s stock, valued at $126,046,785.15. This trade represents a 2.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 12.40% of the company’s stock.

Institutional Trading of G-III Apparel Group

A number of institutional investors have recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd. acquired a new stake in G-III Apparel Group during the 2nd quarter worth about $42,000. CWM LLC lifted its position in G-III Apparel Group by 115.0% during the 2nd quarter. CWM LLC now owns 1,892 shares of the textile maker’s stock worth $51,000 after acquiring an additional 1,012 shares during the period. Quarry LP acquired a new position in shares of G-III Apparel Group in the 3rd quarter valued at about $63,000. Point72 DIFC Ltd acquired a new position in shares of G-III Apparel Group in the 2nd quarter valued at about $78,000. Finally, Innealta Capital LLC acquired a new position in shares of G-III Apparel Group in the 2nd quarter valued at about $124,000. Institutional investors and hedge funds own 92.13% of the company’s stock.

G-III Apparel Group Company Profile

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.