Movado Group Q2 EPS Forecast Reduced by Northland Securities

Movado Group Inc. (NYSE:MOV) – Investment analysts at Northland Securities reduced their Q2 2027 earnings estimates for shares of Movado Group in a note issued to investors on Thursday, March 19th. Northland Securities analyst O. Rickert now expects that the company will post earnings per share of $0.34 for the quarter, down from their previous forecast of $0.35. Northland Securities currently has a “Strong-Buy” rating on the stock. The consensus estimate for Movado Group’s current full-year earnings is $1.05 per share. Northland Securities also issued estimates for Movado Group’s Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.55 EPS, Q1 2028 earnings at $0.20 EPS, Q2 2028 earnings at $0.42 EPS, Q4 2028 earnings at $0.61 EPS and FY2028 earnings at $1.83 EPS.

Several other analysts have also recently issued reports on MOV. Zacks Research upgraded Movado Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. BWS Financial reaffirmed a “buy” rating and set a $31.50 price objective on shares of Movado Group in a report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Movado Group in a research report on Monday, December 29th. Finally, Wall Street Zen raised shares of Movado Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $30.75.

Movado Group Stock Down 4.9%

NYSE:MOV opened at $23.99 on Friday. The business’s 50-day simple moving average is $23.83 and its two-hundred day simple moving average is $21.12. Movado Group has a 52 week low of $12.85 and a 52 week high of $25.85. The stock has a market cap of $531.03 million, a PE ratio of 20.68 and a beta of 0.93.

Movado Group (NYSE:MOV) last issued its earnings results on Thursday, March 19th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.05. Movado Group had a net margin of 3.96% and a return on equity of 6.09%. The company had revenue of $191.58 million during the quarter, compared to the consensus estimate of $182.02 million.

Movado Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd will be paid a $0.35 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.40 dividend on an annualized basis and a yield of 5.8%. Movado Group’s payout ratio is presently 120.69%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MOV. PNC Financial Services Group Inc. grew its holdings in shares of Movado Group by 39.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,598 shares of the company’s stock valued at $33,000 after purchasing an additional 449 shares in the last quarter. Comerica Bank lifted its position in Movado Group by 99.0% during the third quarter. Comerica Bank now owns 1,785 shares of the company’s stock valued at $34,000 after purchasing an additional 888 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in Movado Group by 70.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company’s stock valued at $36,000 after purchasing an additional 724 shares during the last quarter. State of Wyoming purchased a new position in shares of Movado Group in the 2nd quarter worth $40,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Movado Group in the 4th quarter worth $42,000. 72.08% of the stock is currently owned by institutional investors.

Key Stories Impacting Movado Group

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

• Positive Sentiment: Q4 results beat consensus: Movado reported $0.57 EPS and $191.6M revenue, both above expectations, and management highlighted improving operating results. Movado Group Announces Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Dividend declared: Movado announced a $0.35 quarterly dividend (annualized yield ~5.6%), which supports income investors and can underpin valuation.
• Positive Sentiment: Analyst support and higher targets: BWS Financial reaffirmed a Buy with a $31.50 target and Northland reiterated a Strong‑Buy/Buy view with a ~$30 target while raising several near‑term quarterly estimates — signals of continued analyst confidence. Benzinga Northland Buy Rating & Price Target
• Neutral Sentiment: Mixed estimate revisions from Northland: the firm raised some quarterly/near‑term EPS forecasts (Q1/Q4 2028) but trimmed others (several Q2/Q3 2027 estimates) and slightly lowered FY2028 from $1.87 to $1.83 — a nuanced view that partially offsets the positive revisions.
• Negative Sentiment: Management withheld FY27 outlook and flagged near‑term headwinds: the company did not provide full‑year guidance and public coverage highlighted tariff pressures and international weakness (Middle East/currency effects), which increase uncertainty for forward growth and margins. Movado Withholds FY27 Outlook (MarketWatch) Tariff Pressure Report (Investing.com)

About Movado Group

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.