GIII Q3 EPS Forecast Increased by Telsey Advisory Group

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Equities research analysts at Telsey Advisory Group lifted their Q3 2026 EPS estimates for shares of G-III Apparel Group in a research note issued on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will earn $2.70 per share for the quarter, up from their previous forecast of $2.37. Telsey Advisory Group 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.

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

A number of other equities analysts also recently commented on GIII. Barclays boosted their price objective on G-III Apparel Group from $27.00 to $29.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 11th. Guggenheim raised their price objective on shares of G-III Apparel Group from $36.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. KeyCorp boosted their target price on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. Finally, StockNews.com upgraded G-III Apparel Group from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $32.17.

G-III Apparel Group Price Performance

Shares of NASDAQ GIII opened at $36.10 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.80. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 9.48 and a beta of 2.14. The stock’s 50-day moving average is $31.09 and its two-hundred day moving average is $28.81. G-III Apparel Group has a 1-year low of $20.66 and a 1-year high of $36.18.

Hedge Funds Weigh In On G-III Apparel Group

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

Insider Buying and Selling

In other G-III Apparel Group news, CEO Morris Goldfarb sold 67,014 shares of the firm’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $30.30, for a total transaction of $2,030,524.20. Following the transaction, the chief executive officer now directly owns 3,923,071 shares of the company’s stock, valued at approximately $118,869,051.30. This trade represents a 1.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 12.40% of the stock is owned by company insiders.

About G-III Apparel Group

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.