Movado Group Inc. (NYSE:MOV – Free Report) – Investment analysts at Northland Securities reduced their Q2 2027 earnings estimates for shares of Movado Group in a research report issued to clients and investors on Thursday, March 19th. Northland Securities analyst O. Rickert now expects that the company will post earnings of $0.34 per share for the quarter, down from their previous estimate 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.
Movado Group (NYSE:MOV – Get Free Report) last released its quarterly earnings data on Thursday, March 19th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.05. Movado Group had a net margin of 3.33% and a return on equity of 5.86%. The firm had revenue of $191.58 million during the quarter, compared to analysts’ expectations of $182.02 million.
View Our Latest Stock Report on MOV
Movado Group Price Performance
Movado Group stock opened at $25.20 on Friday. The firm has a 50 day simple moving average of $23.81 and a 200-day simple moving average of $21.06. The stock has a market cap of $557.93 million, a price-to-earnings ratio of 25.98 and a beta of 0.93. Movado Group has a 1-year low of $12.85 and a 1-year high of $25.85.
Hedge Funds Weigh In On Movado Group
A number of hedge funds have recently made changes to their positions in MOV. PNC Financial Services Group Inc. increased its holdings in Movado Group by 39.1% in the 4th 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 during the last quarter. CANADA LIFE ASSURANCE Co boosted its position in shares of Movado Group by 70.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company’s stock worth $36,000 after buying an additional 724 shares during the period. CWM LLC boosted its position in shares of Movado Group by 28.2% during the third quarter. CWM LLC now owns 3,318 shares of the company’s stock worth $63,000 after buying an additional 730 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of Movado Group by 20.4% in the third quarter. Harbor Capital Advisors Inc. now owns 4,655 shares of the company’s stock valued at $88,000 after buying an additional 790 shares in the last quarter. Finally, Comerica Bank grew its stake in shares of Movado Group by 99.0% in the third quarter. Comerica Bank now owns 1,785 shares of the company’s stock valued at $34,000 after buying an additional 888 shares in the last quarter. Hedge funds and other institutional investors own 72.08% of the company’s stock.
Movado Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Thursday, April 2nd. Movado Group’s dividend payout ratio is currently 144.33%.
Trending Headlines about Movado Group
Here are the key news stories impacting Movado Group this week:
- Positive Sentiment: Q4 results topped expectations — revenue of $191.6M beat consensus and EPS of $0.57 exceeded estimates, supporting the upside in the stock. Read More.
- Positive Sentiment: Management signaled margin expansion and reported U.S. revenue growth and a 25% wholesale recovery, suggesting profitability improvement going forward. Read More.
- Positive Sentiment: Movado announced a quarterly dividend of $0.35 (annualized yield ~5.6%), which boosts income-oriented investor demand and signals confidence in cash flow. (Company announcement)
- Positive Sentiment: Analyst reinforcement: Northland Securities reiterated a Buy and set a $30 target, highlighting execution and margin expansion potential—an endorsement that can attract momentum buyers. Read More.
- Neutral Sentiment: Company withheld FY2027 outlook — reduces near-term visibility; investors will watch upcoming commentary for guidance clarity. Read More.
- Negative Sentiment: Tariff pressures and cost headwinds were cited by some outlets as weighing on margins; one report noted revenue beat but profit estimate misses in parts of the coverage. These macro/expense pressures are a potential drag if persistent. Read More.
- Negative Sentiment: International weakness (Middle East conflict and FX impacts) offset some gains — continued geopolitical or currency pressure could limit global upside. Read More.
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.
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