Movado Group (NYSE:MOV) Shares Gap Up on Strong Earnings

Movado Group Inc. (NYSE:MOV)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $23.05, but opened at $24.70. Movado Group shares last traded at $23.1310, with a volume of 31,057 shares.

The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.05. The company had revenue of $191.58 million for the quarter, compared to the consensus estimate of $182.02 million. Movado Group had a return on equity of 6.09% and a net margin of 3.96%.

Movado Group Dividend Announcement

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

More Movado Group News

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)

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wall Street Zen raised Movado Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Movado Group in a report on Monday, December 29th. Zacks Research raised Movado Group from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. BWS Financial restated a “buy” rating and issued a $31.50 price objective on shares of Movado Group in a report on Friday. Finally, Northland Securities began coverage on shares of Movado Group in a research note on Wednesday, January 7th. They issued an “outperform” rating and a $30.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.75.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MOV. Goldman Sachs Group Inc. increased its position in shares of Movado Group by 212.8% during the first quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock valued at $11,226,000 after purchasing an additional 456,727 shares during the period. Brandes Investment Partners LP acquired a new stake in Movado Group during the second quarter worth $5,540,000. Russell Investments Group Ltd. increased its holdings in Movado Group by 426.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 176,015 shares of the company’s stock valued at $2,684,000 after buying an additional 142,601 shares during the period. JPMorgan Chase & Co. increased its holdings in Movado Group by 153.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 161,178 shares of the company’s stock valued at $2,458,000 after buying an additional 97,566 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of Movado Group by 94.1% in the 4th quarter. AQR Capital Management LLC now owns 186,862 shares of the company’s stock valued at $3,853,000 after buying an additional 90,578 shares in the last quarter. 72.08% of the stock is currently owned by institutional investors and hedge funds.

Movado Group Trading Down 4.9%

The business’s fifty day moving average price is $23.83 and its 200 day moving average price is $21.10. The company has a market capitalization of $530.98 million, a P/E ratio of 20.68 and a beta of 0.93.

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.