Apollo Global Management (APO) Expected to Announce Earnings on Friday

Apollo Global Management (NYSE:APO - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $1.84 per share and revenue of $977.14 million for the quarter.

Apollo Global Management (NYSE:APO - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.84 by ($0.02). The company had revenue of $5.55 billion during the quarter, compared to analysts' expectations of $977.14 million. Apollo Global Management had a return on equity of 13.97% and a net margin of 17.53%. Apollo Global Management's revenue for the quarter was down 21.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.72 EPS. On average, analysts expect Apollo Global Management to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Apollo Global Management Stock Performance

Shares of NYSE APO traded down $2.40 during trading on Friday, reaching $135.49. 4,382,021 shares of the company traded hands, compared to its average volume of 3,844,382. The stock has a market capitalization of $77.29 billion, a PE ratio of 18.53, a P/E/G ratio of 1.17 and a beta of 1.66. Apollo Global Management has a 52-week low of $95.11 and a 52-week high of $189.49. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.33. The firm has a 50 day simple moving average of $133.18 and a 200-day simple moving average of $152.92.

Apollo Global Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.51%. This is an increase from Apollo Global Management's previous quarterly dividend of $0.46. Apollo Global Management's dividend payout ratio (DPR) is 25.31%.

Analyst Ratings Changes

APO has been the subject of a number of research analyst reports. Raymond James started coverage on Apollo Global Management in a research report on Thursday, April 10th. They set a "strong-buy" rating and a $173.00 price objective for the company. Piper Sandler reduced their target price on shares of Apollo Global Management from $202.00 to $193.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 2nd. Barclays lowered their price objective on shares of Apollo Global Management from $196.00 to $145.00 and set an "overweight" rating for the company in a research note on Monday, April 7th. UBS Group cut their price target on Apollo Global Management from $170.00 to $155.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, Bank of America increased their price objective on Apollo Global Management from $186.00 to $190.00 and gave the company a "buy" rating in a report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $156.25.

Insider Activity at Apollo Global Management

In other news, insider Lb 2018 Gst Trust bought 607,725 shares of the company's stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average price of $111.39 per share, for a total transaction of $67,694,487.75. Following the completion of the acquisition, the insider now directly owns 621,754 shares in the company, valued at approximately $69,257,178.06. This represents a 4,331.92 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Martin Kelly sold 5,000 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $158.28, for a total value of $791,400.00. Following the transaction, the chief financial officer now directly owns 377,164 shares in the company, valued at $59,697,517.92. The trade was a 1.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.50% of the stock is currently owned by insiders.

Apollo Global Management Company Profile

Apollo Global Management, Inc is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public 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, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.