Movado Group (NYSE:MOV) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Movado Group (NYSE:MOV) to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports. Northland Capmk also issued estimates for Movado Group’s Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $1.31 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.35 EPS, Q3 2027 earnings at $0.69 EPS, Q4 2027 earnings at $0.43 EPS, FY2027 earnings at $1.54 EPS, Q1 2028 earnings at $0.13 EPS, Q2 2028 earnings at $0.43 EPS, Q3 2028 earnings at $0.79 EPS and FY2028 earnings at $1.87 EPS.

Several other equities research analysts have also recently issued reports on MOV. BWS Financial restated a “buy” rating and set a $31.50 price objective on shares of Movado Group in a report on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of Movado Group in a report on Monday, December 29th. Northland Securities assumed coverage on shares of Movado Group in a research note on Wednesday. They set an “outperform” rating and a $30.00 price objective for the company. Zacks Research lowered shares of Movado Group from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Finally, Wall Street Zen upgraded shares of Movado Group from a “hold” rating to a “buy” rating in a report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $30.75.

Movado Group Stock Up 1.0%

Shares of MOV opened at $22.63 on Wednesday. Movado Group has a 52-week low of $12.85 and a 52-week high of $22.68. The company has a 50-day simple moving average of $20.31 and a 200-day simple moving average of $18.49. The company has a market capitalization of $500.94 million, a PE ratio of 23.33 and a beta of 0.90.

Movado Group (NYSE:MOV) last issued its earnings results on Tuesday, November 25th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.12). Movado Group had a net margin of 3.33% and a return on equity of 5.86%. The company had revenue of $186.13 million during the quarter, compared to analysts’ expectations of $185.89 million. During the same period last year, the business posted $0.22 earnings per share. On average, research analysts anticipate that Movado Group will post 1.05 EPS for the current year.

Movado Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Monday, December 8th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Monday, December 8th. Movado Group’s dividend payout ratio is 144.33%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Comerica Bank raised its position in shares of Movado Group by 99.0% during the 3rd quarter. Comerica Bank now owns 1,785 shares of the company’s stock valued at $34,000 after acquiring an additional 888 shares in the last quarter. CWM LLC increased its stake in Movado Group by 49.9% during the second quarter. CWM LLC now owns 2,588 shares of the company’s stock valued at $39,000 after purchasing an additional 862 shares during the last quarter. State of Wyoming acquired a new stake in shares of Movado Group during the second quarter worth $40,000. Harbor Capital Advisors Inc. lifted its position in shares of Movado Group by 20.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,655 shares of the company’s stock worth $88,000 after buying an additional 790 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Movado Group in the 2nd quarter worth about $173,000. 72.08% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Movado Group

Here are the key news stories impacting Movado Group this week:

• Positive Sentiment: Northland initiated coverage with a “Strong‑Buy” and published aggressive multi‑year EPS targets (e.g., FY2026 $1.31, FY2027 $1.54, FY2028 $1.87) — a clear positive catalyst that can prompt analyst revisions and re‑rating of the stock. Northland Securities Initiates Coverage on Movado Group (NYSE:MOV)
• Positive Sentiment: Multiple Northland notes provide quarter‑by‑quarter EPS forecasts (Q4’26, Q1‑Q4’27, Q1‑Q3’28) reinforcing the firm’s confidence in near‑term and medium‑term earnings recovery — supportive for shares if other brokers follow. Movado Group upgraded to Strong‑Buy – Zacks
• Neutral Sentiment: Current consensus for the company’s full‑year earnings remains around $1.05; Northland’s figures exceed that by a wide margin. The divergence creates upside potential but also means the stock will be sensitive to actual quarter results versus these higher expectations.
• Negative Sentiment: Movado recently missed a quarterly EPS estimate (reported $0.45 vs. $0.57 consensus in November), so despite the bullish coverage, any near‑term operational slip or margin pressure could trigger downside as expectations rise.

Movado Group Company Profile

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.