BWS Financial Raises Earnings Estimates for Movado Group

Movado Group, Inc. (NYSE:MOV) – Stock analysts at BWS Financial raised their Q1 2026 earnings per share (EPS) estimates for Movado Group in a report released on Monday, April 21st. BWS Financial analyst H. Khorsand now expects that the company will earn $0.39 per share for the quarter, up from their previous estimate of $0.38. BWS Financial has a “Buy” rating and a $31.50 price objective on the stock. The consensus estimate for Movado Group’s current full-year earnings is $1.05 per share. BWS Financial also issued estimates for Movado Group’s Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.73 EPS and FY2026 earnings at $2.57 EPS.

Movado Group (NYSE:MOV) last posted its earnings results on Wednesday, April 16th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.12. Movado Group had a return on equity of 5.38% and a net margin of 3.62%. The business had revenue of $181.48 million for the quarter, compared to analyst estimates of $180.62 million.

Separately, StockNews.com upgraded shares of Movado Group from a “hold” rating to a “buy” rating in a report on Tuesday.

Movado Group Stock Performance

Shares of NYSE:MOV opened at $13.90 on Wednesday. The company has a market capitalization of $307.79 million, a PE ratio of 13.37 and a beta of 0.92. Movado Group has a 52-week low of $12.85 and a 52-week high of $27.80. The company has a fifty day moving average of $16.97 and a 200-day moving average of $18.66.

Movado Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Tuesday, April 22nd will be paid a $0.35 dividend. The ex-dividend date is Tuesday, April 22nd. This represents a $1.40 annualized dividend and a yield of 10.07%. Movado Group’s payout ratio is 160.92%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MOV. Arrowstreet Capital Limited Partnership raised its position in Movado Group by 202.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 478,342 shares of the company’s stock valued at $9,414,000 after purchasing an additional 320,103 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Movado Group by 174.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 307,790 shares of the company’s stock valued at $6,057,000 after buying an additional 195,465 shares during the last quarter. Numerai GP LLC bought a new stake in shares of Movado Group in the fourth quarter worth approximately $3,186,000. D. E. Shaw & Co. Inc. grew its stake in shares of Movado Group by 56.9% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 257,578 shares of the company’s stock valued at $5,069,000 after purchasing an additional 93,388 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Movado Group by 19.3% during the fourth quarter. Ameriprise Financial Inc. now owns 549,455 shares of the company’s stock valued at $10,813,000 after purchasing an additional 88,778 shares in the last quarter. 72.08% of the stock is owned by institutional investors.

About Movado Group

Movado Group, Inc designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein.