Apogee Enterprises (NASDAQ:APOG) Updates FY 2027 Earnings Guidance

Key Points

• Apogee updated FY2027 guidance, forecasting EPS $2.70–3.25 (consensus $2.93) and revenue of $1.4 billion, roughly in line with expectations on sales but a touch below EPS consensus midpoint.
• The company declared a quarterly dividend of $0.27 per share (annualized $1.08, yield 3.0%) with an ex‑dividend/record date of May 13 and payment on May 28, implying a payout ratio of about 58.4%.
• Shares opened at $35.59 (52‑week range $30.75–$49.99) with a market cap of $765.5M and a P/E of 19.2; analysts' consensus is "Hold" (average target $70.50) and institutional investors own roughly 94% of the stock.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.700-3.250 for the period, compared to the consensus earnings per share estimate of 2.930. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

Apogee Enterprises Stock Up 0.3%

APOG stock opened at $35.59 on Friday. Apogee Enterprises has a 52 week low of $30.75 and a 52 week high of $49.99. The company has a market capitalization of $765.54 million, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 0.97 and a beta of 1.12. The firm's 50-day moving average is $35.86 and its two-hundred day moving average is $37.02. The company has a current ratio of 1.90, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50.

Apogee Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, May 13th. Apogee Enterprises's payout ratio is 58.38%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. DA Davidson set a $46.00 target price on shares of Apogee Enterprises in a report on Friday, January 9th. Zacks Research upgraded shares of Apogee Enterprises from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Apogee Enterprises in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $70.50.

Hedge Funds Weigh In On Apogee Enterprises

Hedge funds have recently made changes to their positions in the business. Man Group plc raised its stake in shares of Apogee Enterprises by 16.7% in the 3rd quarter. Man Group plc now owns 7,316 shares of the industrial products company's stock valued at $319,000 after buying an additional 1,049 shares in the last quarter. Jain Global LLC bought a new stake in shares of Apogee Enterprises in the 4th quarter worth about $277,000. Entropy Technologies LP bought a new stake in shares of Apogee Enterprises in the 3rd quarter worth about $257,000. EntryPoint Capital LLC grew its holdings in Apogee Enterprises by 50.5% during the 4th quarter. EntryPoint Capital LLC now owns 6,940 shares of the industrial products company's stock worth $253,000 after acquiring an additional 2,330 shares during the last quarter. Finally, LPL Financial LLC bought a new stake in Apogee Enterprises during the 4th quarter worth about $238,000. Institutional investors and hedge funds own 94.05% of the company's stock.

About Apogee Enterprises

Apogee Enterprises, Inc is a diversified manufacturer and distributor of value-added architectural products and services. The company specializes in the design, fabrication and installation of high-performance glass, framing systems, curtain walls, skylights and other building envelope solutions. Its operations span three primary platforms—Architectural Framing Systems, Architectural Glass and Architectural Services—enabling Apogee to deliver complete, integrated façade systems for new construction, renovation and retrofit projects.

Headquartered in Minneapolis, Minnesota, Apogee traces its roots to the mid-20th century and today serves commercial, institutional and residential markets across North America and Europe.

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