Brokerages Set G-III Apparel Group, LTD. (NASDAQ:GIII) Target Price at $33.00

Posted by Francis Steltz on Jul 7th, 2026

G-III Apparel Group, LTD. (NASDAQ:GIII – Get Free Report) has been given a consensus rating of “Moderate Buy” by the seven brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $33.00.

Several research firms recently weighed in on GIII. Wall Street Zen raised G-III Apparel Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. UBS Group lowered their target price on G-III Apparel Group from $30.00 to $26.00 and set a “neutral” rating on the stock in a report on Tuesday, March 17th. BTIG Research raised their price target on G-III Apparel Group from $34.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, June 5th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $38.00 price target (up from $29.00) on shares of G-III Apparel Group in a research note on Monday, June 8th. Finally, Weiss Ratings raised shares of G-III Apparel Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, June 9th.

Check Out Our Latest Research Report on G-III Apparel Group

G-III Apparel Group Stock Performance

GIII stock traded up $0.45 during trading on Tuesday, reaching $34.05. 104,149 shares of the company were exchanged, compared to its average volume of 535,005. The stock’s 50 day moving average price is $32.38 and its 200 day moving average price is $30.49. G-III Apparel Group has a 52-week low of $22.91 and a 52-week high of $36.53. The company has a market cap of $1.44 billion, a P/E ratio of 12.03 and a beta of 1.28.

G-III Apparel Group (NASDAQ:GIII – Get Free Report) last issued its earnings results on Friday, June 5th. The textile maker reported ($0.21) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.09. G-III Apparel Group had a net margin of 4.34% and a return on equity of 5.59%. The company had revenue of $535.96 million during the quarter, compared to analysts’ expectations of $529.07 million. During the same period last year, the company posted $0.19 earnings per share. The firm’s quarterly revenue was down 8.2% compared to the same quarter last year. G-III Apparel Group has set its FY 2027 guidance at 2.150-2.250 EPS and its Q2 2027 guidance at 0.150-0.250 EPS. As a group, equities research analysts forecast that G-III Apparel Group will post 2.24 EPS for the current year.

G-III Apparel Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Monday, June 22nd will be given a $0.10 dividend. The ex-dividend date is Monday, June 22nd. This represents a $0.40 annualized dividend and a dividend yield of 1.2%. G-III Apparel Group’s dividend payout ratio is currently 14.13%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its position in G-III Apparel Group by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,936,957 shares of the textile maker’s stock worth $78,153,000 after buying an additional 15,500 shares in the last quarter. American Century Companies Inc. increased its position in G-III Apparel Group by 3.4% during the 3rd quarter. American Century Companies Inc. now owns 1,730,216 shares of the textile maker’s stock worth $46,041,000 after purchasing an additional 57,440 shares in the last quarter. Norges Bank acquired a new position in G-III Apparel Group in the 4th quarter valued at about $36,200,000. LSV Asset Management lifted its holdings in G-III Apparel Group by 8.1% in the 4th quarter. LSV Asset Management now owns 1,237,469 shares of the textile maker’s stock valued at $35,837,000 after purchasing an additional 93,236 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of G-III Apparel Group by 30.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,054,266 shares of the textile maker’s stock worth $28,054,000 after purchasing an additional 247,245 shares during the last quarter. 92.13% of the stock is currently owned by institutional investors and hedge funds.

G-III Apparel Group Company Profile

(Get Free Report)

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.