Apogee Enterprises (NASDAQ:APOG) Issues FY 2026 Earnings Guidance

Apogee Enterprises (NASDAQ:APOG - Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 3.800-4.200 for the period, compared to the consensus earnings per share estimate of 3.720. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of Apogee Enterprises from a "buy" rating to a "hold" rating in a report on Friday, April 25th.

Apogee Enterprises Stock Up 5.8%

NASDAQ:APOG traded up $2.32 during trading hours on Friday, hitting $41.99. 1,513,132 shares of the company's stock traded hands, compared to its average volume of 202,059. The stock's fifty day moving average price is $39.97 and its two-hundred day moving average price is $49.16. The firm has a market cap of $905.72 million, a P/E ratio of 10.82 and a beta of 0.97. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.23 and a current ratio of 1.55. Apogee Enterprises has a twelve month low of $37.53 and a twelve month high of $87.93.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last issued its earnings results on Friday, June 27th. The industrial products company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.06. Apogee Enterprises had a return on equity of 21.81% and a net margin of 6.25%. During the same period in the prior year, the business posted $1.44 EPS. The firm's quarterly revenue was up 4.6% compared to the same quarter last year. On average, research analysts expect that Apogee Enterprises will post 4.97 earnings per share for the current fiscal year.

Apogee Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Wednesday, July 16th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Wednesday, July 16th. Apogee Enterprises's dividend payout ratio is 26.80%.

Institutional Trading of Apogee Enterprises

A number of institutional investors and hedge funds have recently made changes to their positions in APOG. Royal Bank of Canada raised its stake in shares of Apogee Enterprises by 40.3% in the 1st quarter. Royal Bank of Canada now owns 8,515 shares of the industrial products company's stock valued at $395,000 after acquiring an additional 2,447 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Apogee Enterprises by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,992 shares of the industrial products company's stock valued at $602,000 after purchasing an additional 556 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Apogee Enterprises by 24.0% in the first quarter. AQR Capital Management LLC now owns 59,999 shares of the industrial products company's stock valued at $2,780,000 after purchasing an additional 11,608 shares during the period. Jane Street Group LLC lifted its stake in shares of Apogee Enterprises by 120.3% in the first quarter. Jane Street Group LLC now owns 79,281 shares of the industrial products company's stock worth $3,673,000 after buying an additional 43,297 shares during the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Apogee Enterprises by 1,074.3% during the 1st quarter. Millennium Management LLC now owns 320,220 shares of the industrial products company's stock worth $14,836,000 after buying an additional 292,952 shares during the period. Institutional investors and hedge funds own 94.05% of the company's stock.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).

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