
G-III Apparel Group, LTD. (NASDAQ:GIII – Free Report) – Analysts at KeyCorp issued their FY2026 earnings per share estimates for shares of G-III Apparel Group in a note issued to investors on Wednesday, January 21st. KeyCorp analyst A. Owens anticipates that the textile maker will post earnings per share of $2.87 for the year. KeyCorp currently has a “Overweight” rating and a $35.00 price objective on the stock. The consensus estimate for G-III Apparel Group’s current full-year earnings is $4.16 per share. KeyCorp also issued estimates for G-III Apparel Group’s Q4 2026 earnings at $0.56 EPS and FY2027 earnings at $3.07 EPS.
G-III Apparel Group (NASDAQ:GIII – Get Free Report) last posted its earnings results on Tuesday, December 9th. The textile maker reported $1.90 EPS for the quarter, topping the consensus estimate of $1.61 by $0.29. The firm had revenue of $988.65 million for the quarter, compared to analyst estimates of $1.01 billion. G-III Apparel Group had a return on equity of 9.37% and a net margin of 4.89%.G-III Apparel Group’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the company earned $2.59 earnings per share. G-III Apparel Group has set its FY 2026 guidance at 2.800-2.900 EPS.
Check Out Our Latest Stock Report on GIII
G-III Apparel Group Stock Performance
GIII opened at $28.65 on Friday. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 8.60 and a beta of 1.28. The company has a fifty day moving average of $29.73 and a two-hundred day moving average of $27.44. G-III Apparel Group has a fifty-two week low of $20.33 and a fifty-two week high of $34.83.
G-III Apparel Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 15th were paid a dividend of $0.10 per share. The ex-dividend date was Monday, December 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.4%. G-III Apparel Group’s dividend payout ratio is currently 12.01%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Intech Investment Management LLC increased its stake in shares of G-III Apparel Group by 6.1% during the 2nd quarter. Intech Investment Management LLC now owns 48,866 shares of the textile maker’s stock worth $1,095,000 after purchasing an additional 2,790 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in G-III Apparel Group by 62.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 86,477 shares of the textile maker’s stock valued at $2,301,000 after buying an additional 33,365 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in G-III Apparel Group during the second quarter worth $486,000. Allianz Asset Management GmbH increased its position in G-III Apparel Group by 431.3% during the second quarter. Allianz Asset Management GmbH now owns 60,558 shares of the textile maker’s stock worth $1,356,000 after buying an additional 49,159 shares in the last quarter. Finally, Cerity Partners LLC acquired a new position in shares of G-III Apparel Group in the second quarter worth $9,313,000. 92.13% of the stock is currently owned by institutional investors and hedge funds.
About G-III Apparel Group
G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.
The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.
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