Apogee Enterprises (APOG) Stock Price, News & Analysis

0 brokerages have issued 1-year price targets for Apogee Enterprises' stock. Their APOG share price targets range from $50.00 to $50.00. On average, they expect the company's stock price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 13.7%.
View analysts price targets for APOG or view top-rated stocks among Wall Street analysts.

Apogee Enterprises' stock was trading at $53.41 at the beginning of 2024. Since then, APOG shares have increased by 8.5% and is now trading at $57.95.
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Apogee Enterprises saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,160,000 shares, a drop of 12.8% from the March 15th total of 1,330,000 shares. Based on an average daily trading volume, of 122,400 shares, the days-to-cover ratio is presently 9.5 days. Approximately 5.4% of the shares of the company are short sold.
View Apogee Enterprises' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, June 28th 2024.
View our APOG earnings forecast.

Apogee Enterprises, Inc. (NASDAQ:APOG) issued its earnings results on Thursday, April, 18th. The industrial products company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.97 by $0.17. The industrial products company had revenue of $361.80 million for the quarter, compared to analysts' expectations of $337.84 million. Apogee Enterprises had a net margin of 7.44% and a trailing twelve-month return on equity of 23.47%. The business's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 EPS.

Apogee Enterprises announced a quarterly dividend on Wednesday, January 10th. Shareholders of record on Tuesday, January 30th will be paid a dividend of $0.25 per share on Wednesday, February 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, January 29th. This is an increase from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for APOG.

Apogee Enterprises (NASDAQ:APOG) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.79%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APOG will have a dividend payout ratio of 22.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APOG.

ETFs with the largest weight of Apogee Enterprises (NASDAQ:APOG) stock in their portfolio include Invesco Building & Construction ETF (PKB), Dividend Performers ETF (IPDP), Roundhill Acquirers Deep Value ETF (DEEP) and ProShares Russell 2000 Dividend Growers ETF (SMDV).iShares U.S. Infrastructure ETF (IFRA).

Apogee Enterprises issued an update on its FY25 earnings guidance on Thursday, April, 18th. The company provided earnings per share guidance of $4.35-4.75 for the period, compared to the consensus estimate of $4.45. The company issued revenue guidance of decline of 4-7% to $1.34-1.38 billion, compared to the consensus revenue estimate of $1.36 billion.

7 employees have rated Apogee Enterprises Chief Executive Officer Joseph Puishys on Glassdoor.com. Joseph Puishys has an approval rating of 81% among the company's employees. 58.0% of employees surveyed would recommend working at Apogee Enterprises to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Apogee Enterprises investors own include Energy Transfer (ET), Home Depot (HD), AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), McDonald's (MCD), Verizon Communications (VZ), Advanced Micro Devices (AMD), NVIDIA (NVDA) and Pfizer (PFE).

Apogee Enterprises' stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.13%), Partnership Wealth Management LLC (0.02%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Brent C Jewell, Curtis John Dobler, Gary Robert Johnson, Herbert K Parker, Jane Marie Boyce, Mark Richard Augdahl and Meghan Marie Elliott.
View institutional ownership trends.

Shares of APOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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