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Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:APO

Apollo Global Management (APO) Stock Price, News & Analysis

$112.45
-1.13 (-0.99%)
(As of 03/28/2024 ET)
Today's Range
$112.03
$113.42
50-Day Range
$95.28
$114.55
52-Week Range
$57.50
$116.55
Volume
1.52 million shs
Average Volume
2.46 million shs
Market Capitalization
$63.89 billion
P/E Ratio
13.37
Dividend Yield
1.53%
Price Target
$107.92

Apollo Global Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
4.0% Downside
$107.92 Price Target
Short Interest
Bearish
2.78% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.64mentions of Apollo Global Management in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$158.23 M Sold Last Quarter
Proj. Earnings Growth
16.04%
From $7.48 to $8.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Finance Sector

90th out of 850 stocks

Investment Advice Industry

6th out of 46 stocks

APO stock logo

About Apollo Global Management Stock (NYSE:APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It also focuses on clean energy, sustainable industry, climate solutions, energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. It seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia, India and Europe.

APO Stock Price History

APO Stock News Headlines

Look Beyond S&P 500 for Big Winners Excluded From Index
Dell Technologies Inc NYSE: DELL,  The Trade Desk Inc. NASDAQ: TTD and Apollo Global Management Inc. NYSE: APO represent a diverse group of companies but have something in common: They're large-cap stocks that aren't part of the S&P 500 but are outperforming the index.
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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Look Beyond S&P 500 for Big Winners Excluded From Index (APO)
Despite exclusion from the S&P 500, Dell, The Trade Desk, and Apollo are outperforming, offering growth and diversification beyond traditional benchmarks.
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UBS sells $8 billion of Credit Suisse assets to Apollo
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 2/29 Dividend
2/16/2024
Dividend Payable
2/29/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
4,879
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$107.92
High Stock Price Target
$131.00
Low Stock Price Target
$79.00
Potential Upside/Downside
-4.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$5.05 billion
Pretax Margin
17.11%

Debt

Sales & Book Value

Annual Sales
$32.64 billion
Cash Flow
$8.06 per share
Book Value
$41.98 per share

Miscellaneous

Free Float
518,731,000
Market Cap
$63.89 billion
Optionable
Optionable
Beta
1.64

Social Links

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

  • Mr. Marc Jeffrey Rowan (Age 62)
    Co-Founder, CEO & Director
    Comp: $310.01k
  • Mr. Martin Bernard Kelly (Age 56)
    CFO & Partner
    Comp: $2.49M
  • Mr. John J. Suydam J.D.Mr. John J. Suydam J.D. (Age 64)
    Senior Advisor & Partner
    Comp: $4.43M
  • Mr. Scott Martin Kleinman (Age 51)
    Co-President of Apollo Asset Management Inc. & Director
    Comp: $8.18M
  • Mr. James Richard Belardi (Age 67)
    Co-Founder, CEO & Chief Investment Officer of Athene and Director
    Comp: $38.27M
  • Mr. Byron C. Vielehr (Age 61)
    Partner, COO & COO of Asset Management Business
  • Mr. Louis-Jacques Tanguy
    Partner of Finance in New York, Chief Accounting Officer & Controller
  • Mr. Jamey Lamanna
    Partner & Chief Information Officer of Global Technology in New York
  • Mr. Noah Gunn
    MD & Global Head of Investor Relations in New York
  • Ms. Yael Kenan Levy
    Chief Compliance Officer and Partner of Legal, Compliance & Tax in New York

Should I Buy Apollo Global Management Stock? APO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Apollo Global Management was last updated on Wednesday, March 27, 2024 at 11:37 PM.

Pros

Here are some ways that investors could benefit from investing in Apollo Global Management, Inc.:

  • Apollo Global Management has a diverse investment portfolio that includes credit, private equity, and real estate markets, providing investors exposure to various sectors and industries.
  • The firm manages client-focused portfolios, hedge funds, real estate funds, and private equity funds, offering a range of investment options for different investor preferences.
  • Apollo Global Management employs a combination of contrarian, value, and distressed strategies in its investments, potentially leading to unique opportunities for high returns.
  • The company has a strong track record of acquiring minority and majority positions in portfolio companies, showcasing its ability to drive growth and value creation.
  • With a market cap of $62.19 billion and a P/E ratio of 12.94, Apollo Global Management presents a solid financial standing and valuation metrics that may appeal to value investors.

Cons

Investors should be bearish about investing in Apollo Global Management, Inc. for these reasons:

  • Investing in private equity firms like Apollo Global Management carries inherent risks due to the nature of the investments, which may not be suitable for all types of investors.
  • The firm's focus on distressed assets and debt investments in various sectors can expose investors to higher volatility and potential losses during economic downturns.
  • Apollo Global Management's investment range of $10 million to $1500 million may limit accessibility for smaller retail investors looking to participate in the firm's offerings.
  • While the company has a global presence, its concentration in specific industries like energy, natural resources, and technology may subject it to sector-specific risks and market fluctuations.
  • Investors should carefully consider the firm's debt-to-equity ratio of 0.34, as higher leverage levels can amplify risks and impact the company's financial stability in challenging market conditions.

APO Stock Analysis - Frequently Asked Questions

Should I buy or sell Apollo Global Management stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apollo Global Management in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" APO shares.
View APO analyst ratings
or view top-rated stocks.

What is Apollo Global Management's stock price target for 2024?

12 brokerages have issued 1 year price objectives for Apollo Global Management's stock. Their APO share price targets range from $79.00 to $131.00. On average, they predict the company's share price to reach $107.92 in the next year. This suggests that the stock has a possible downside of 4.0%.
View analysts price targets for APO
or view top-rated stocks among Wall Street analysts.

How have APO shares performed in 2024?

Apollo Global Management's stock was trading at $93.19 at the start of the year. Since then, APO stock has increased by 20.7% and is now trading at $112.45.
View the best growth stocks for 2024 here
.

When is Apollo Global Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our APO earnings forecast
.

How were Apollo Global Management's earnings last quarter?

Apollo Global Management, Inc. (NYSE:APO) issued its earnings results on Thursday, February, 8th. The financial services provider reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.64 by $0.11. The financial services provider had revenue of $795 million for the quarter, compared to analysts' expectations of $823.27 million. Apollo Global Management had a net margin of 15.86% and a trailing twelve-month return on equity of 20.33%.

How often does Apollo Global Management pay dividends? What is the dividend yield for Apollo Global Management?

Apollo Global Management announced a quarterly dividend on Thursday, February 8th. Stockholders of record on Tuesday, February 20th will be given a dividend of $0.43 per share on Thursday, February 29th. This represents a $1.72 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, February 16th.
Read our dividend analysis for APO
.

Is Apollo Global Management a good dividend stock?

Apollo Global Management (NYSE:APO) pays an annual dividend of $1.72 per share and currently has a dividend yield of 1.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APO will have a dividend payout ratio of 19.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APO.

What other stocks do shareholders of Apollo Global Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Apollo Global Management investors own include Bank of America (BAC), Intelsat (I), AT&T (T), Blackstone (BX), Intel (INTC), Fossil Group (FOSL), AMC Entertainment (AMC), Cisco Systems (csco), General Electric (GE) and Associated British Foods (ABF).

Who are Apollo Global Management's major shareholders?

Apollo Global Management's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.23%), Vanguard Group Inc. (7.22%), Capital World Investors (5.58%), Capital International Investors (1.90%), Clearbridge Investments LLC (1.51%) and Price T Rowe Associates Inc. MD (1.28%). Insiders that own company stock include A B Krongard, A B Krongard, James C Zelter, John J Suydam, John J Suydam, Joshua Harris, Kerry Murphy Healey, Leon D Black, Martin Kelly, Pauline Richards, Walter Joseph Clayton III and Whitney Chatterjee.
View institutional ownership trends
.

How do I buy shares of Apollo Global Management?

Shares of APO 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.
Compare Top Brokerages Here.

This page (NYSE:APO) was last updated on 3/28/2024 by MarketBeat.com Staff

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