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

Key Points

• Apogee Enterprises issued FY 2027 guidance for earnings per share of $3.00–$3.40 and revenue of approximately $1.5 billion, both above analyst consensus estimates of $2.88 EPS and $1.4 billion in revenue.
• The company declared a quarterly dividend of $0.27 per share, payable November 4 to shareholders of record October 20, representing an annualized dividend of $1.08 and a 3.0% yield.
• Analyst sentiment remains moderately positive: two analysts rate APOG a Buy and two rate it Hold, producing a consensus “Moderate Buy” rating and an average price target of $70.50.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) issued an update on its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.000-3.400 for the period, compared to the consensus earnings per share estimate of 2.880. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion.

Apogee Enterprises Stock Performance

Shares of APOG stock opened at $35.66 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.76 and a debt-to-equity ratio of 0.46. The stock has a fifty day moving average of $39.46 and a 200 day moving average of $38.13. The firm has a market capitalization of $744.22 million, a price-to-earnings ratio of 11.18, a PEG ratio of 1.00 and a beta of 1.12. Apogee Enterprises has a 52 week low of $30.75 and a 52 week high of $50.88.

Apogee Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Tuesday, October 20th will be issued a $0.27 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $1.08 dividend on an annualized basis and a yield of 3.0%. Apogee Enterprises's dividend payout ratio is 33.86%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on APOG. Zacks Research cut shares of Apogee Enterprises from a "strong-buy" rating to a "hold" rating in a report on Monday, August 31st. Wall Street Zen raised shares of Apogee Enterprises from a "hold" rating to a "buy" rating in a research report on Saturday, July 25th. Finally, Weiss Ratings raised shares of Apogee Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, September 24th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $70.50.

About Apogee Enterprises

Apogee Enterprises, Inc is a manufacturer of architectural products and high-performance glass and coating solutions. The company serves the commercial construction, architectural, aerospace, defense, medical, electronics and other specialized markets through operations primarily in North America, with products and services sold to customers in additional international markets.

Apogee's Architectural Framing Systems segment produces aluminum framing systems, curtainwall, storefront, windows and related components used in commercial and institutional buildings.

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