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Ermenegildo Zegna (ZGN)
NYSE:ZGN
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Ermenegildo Zegna (ZGN) Price & Analysis

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ZGN Stock Chart & Stats

$12.15
-$0.07(-0.88%)
At close: 4:00 PM EST
$12.15
-$0.07(-0.88%)

Bulls Say, Bears Say

Bulls Say
Direct-to-Consumer Mix & Gross MarginA durable shift to DTC (82% of branded sales) materially raises gross margin and control over pricing, customer data and inventory. Sustained DTC strength supports margin sustainability, higher lifetime value, and reduced reliance on lower‑margin wholesale over the medium term.
Strong Cash Generation And Net CashConsistent free cash flow and a shift to a net cash position increase financial flexibility for capex, marketing and brand investment. This durable cash cushion lowers refinancing risk, enables strategic investments and dividend capacity, and supports execution of medium‑term growth plans.
Multi‑brand Portfolio And Vertical CapabilitiesOwning premium brands and manufacturing know‑how provides product differentiation and supply control. The combination of owned brands and licensing (Tom Ford) diversifies revenue streams, supports premium positioning, and helps sustain margins through design, quality and exclusive distribution over the medium term.
Bears Say
Wholesale ContractionOngoing, structural wholesale downsizing reduces near‑term revenue breadth and creates transitional revenue gaps as DTC scales. Conversion takes time and can compress operating leverage, increase per‑unit SG&A incidence, and slow top‑line growth while channel mix normalizes.
SG&A DeleverageElevated SG&A incidence from talent, systems and store investments limits margin expansion until sales scale. If revenue growth lags, higher fixed and semi‑fixed operating costs can mute EBIT recovery and delay the return to stronger operating leverage over the next several quarters.
Leverage Still Meaningful Vs HistoryAlthough leverage improved materially, debt remains sizable relative to equity. Continued demand or working‑capital swings could constrain flexibility; servicing debt and funding capex or brand investments may limit optionality if cash conversion weakens.

Ermenegildo Zegna News

ZGN FAQ

What was Ermenegildo Zegna’s price range in the past 12 months?
Ermenegildo Zegna lowest stock price was $7.61 and its highest was $15.44 in the past 12 months.
    What is Ermenegildo Zegna’s market cap?
    Ermenegildo Zegna’s market cap is $5.69B.
      When is Ermenegildo Zegna’s upcoming earnings report date?
      Ermenegildo Zegna’s upcoming earnings report date is Sep 03, 2026 which is in 53 days.
        How were Ermenegildo Zegna’s earnings last quarter?
        Ermenegildo Zegna released its earnings results on Mar 20, 2026. The company reported $0.274 earnings per share for the quarter, beating the consensus estimate of $0.185 by $0.089.
          Is Ermenegildo Zegna overvalued?
          According to Wall Street analysts Ermenegildo Zegna’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Ermenegildo Zegna pay dividends?
            Ermenegildo Zegna pays a Annually dividend of $0.137 which represents an annual dividend yield of 1.33%. See more information on Ermenegildo Zegna dividends here
              What is Ermenegildo Zegna’s EPS estimate?
              Ermenegildo Zegna’s EPS estimate is 0.17.
                How many shares outstanding does Ermenegildo Zegna have?
                Ermenegildo Zegna has 268,312,040 shares outstanding.
                  What happened to Ermenegildo Zegna’s price movement after its last earnings report?
                  Ermenegildo Zegna reported an EPS of $0.274 in its last earnings report, beating expectations of $0.185. Following the earnings report the stock price went up 4.654%.
                    Which hedge fund is a major shareholder of Ermenegildo Zegna?
                    Currently, no hedge funds are holding shares in ZGN
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Ermenegildo Zegna

                      Ermenegildo Zegna N.V., along with its affiliated entities, operates as a leading luxury fashion house. The company is engaged in the design, production, marketing, and global distribution of high-end menswear, footwear, leather goods, and assorted accessories, primarily under its distinguished Zegna and Thom Browne labels. Its comprehensive men's collection features opulent leisurewear, sophisticated formal wear including suits, tuxedos, shirts, blazers, and overcoats, as well as accompanying accessories. The offering also encompasses an array of refined leather accessories such as shoes, bags, belts, and smaller leather articles, alongside fragrances. Furthermore, under the Thom Browne brand, the company extends its portfolio to include luxury womenswear and childrenswear. Zegna also provides licensed products like eyewear, cufflinks, fine jewelry, timepieces, intimate apparel, and beachwear, which are manufactured by external partners. The firm connects with its clientele through its global network of retail stores and online platforms, serving regions across Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. Established in 1910, Ermenegildo Zegna N.V. is headquartered in Trivero, Italy, and functions as a subsidiary of Monterubello Societa' Semplice.

                      Ermenegildo Zegna (ZGN) Earnings & Revenues

                      ZGN Company Deck

                      ZGN Earnings Call

                      Q4 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presented a generally positive financial and operational picture: improved gross margin (+90 bps), higher DTC mix (82% vs 78%), stronger reported profit (+20% to EUR 109.5m), materially improved cash generation (free cash flow EUR 82m) and a net cash surplus (EUR 52m). These positives are balanced against meaningful near-term challenges: SG&A deleverage, continued wholesale streamlining (notably at Thom Browne), a Tom Ford H1 loss (improved in H2), FX headwinds (~2ppt on revenues) and uncertainty from the Middle East conflict. Management reiterated a cautious 2026 posture (profitability broadly sideline) while outlining multi-year plans to restore double-digit margins at the growth brands and to invest for long-term value.View all ZGN earnings summaries

                      ZGN Stock 12 Month Forecast

                      Average Price Target

                      $14.30
                      ▲(17.70% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.669,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.352,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            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11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":10.44,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":10.143,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n     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                      Ownership Overview

                      0.36%3.47%0.03%94.35%
                      0.03% Other Institutional Investors
                      94.35% Public Companies and
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