Q3 EPS Estimates for GIII Boosted by Telsey Advisory Group

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Analysts at Telsey Advisory Group lifted their Q3 2026 earnings per share (EPS) estimates for G-III Apparel Group in a research note issued to investors on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will earn $2.70 per share for the quarter, up from their prior forecast of $2.37. Telsey Advisory Group has a “Market Perform” rating and a $32.00 price objective 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.

Several other analysts have also recently issued reports on the company. StockNews.com upgraded G-III Apparel Group from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Guggenheim increased their target price on G-III Apparel Group from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. KeyCorp increased their target price on G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Finally, Barclays increased their target price 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. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $32.17.

G-III Apparel Group Stock Performance

Shares of GIII opened at $34.94 on Monday. 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 has a 52 week low of $20.66 and a 52 week high of $36.18. The business has a 50-day simple moving average of $31.19 and a two-hundred day simple moving average of $28.85. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 9.17 and a beta of 2.14.

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

Insider Activity at G-III Apparel Group

In related news, CEO Morris Goldfarb sold 100,000 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $31.59, for a total transaction of $3,159,000.00. Following the completion of the transaction, the chief executive officer now directly owns 3,990,085 shares of the company’s stock, valued at approximately $126,046,785.15. This represents a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 12.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On G-III Apparel Group

Institutional investors have recently modified their holdings of the stock. Foundry Partners LLC bought a new stake in shares of G-III Apparel Group in the 2nd quarter valued at approximately $518,000. Vestcor Inc lifted its stake in shares of G-III Apparel Group by 197.7% in the 3rd quarter. Vestcor Inc now owns 31,323 shares of the textile maker’s stock valued at $956,000 after purchasing an additional 20,800 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of G-III Apparel Group by 4.9% in the 3rd quarter. Victory Capital Management Inc. now owns 92,136 shares of the textile maker’s stock valued at $2,812,000 after purchasing an additional 4,294 shares during the last quarter. Point72 DIFC Ltd lifted its stake in shares of G-III Apparel Group by 103.2% in the 3rd quarter. Point72 DIFC Ltd now owns 5,821 shares of the textile maker’s stock valued at $178,000 after purchasing an additional 2,957 shares during the last quarter. Finally, F M Investments LLC bought a new stake in shares of G-III Apparel Group in the 2nd quarter valued at approximately $6,796,000. 92.13% of the stock is owned by institutional investors.

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.