Research Analysts Issue Forecasts for APOG Q3 Earnings

Key Points

• DA Davidson forecasts Apogee Enterprises will earn $1.13 per share in Q3 2026 and currently maintains a "Neutral" rating with a price target of $45.00.
• Apogee's latest quarterly earnings report showed earnings per share of $0.98, surpassing the consensus estimate of $0.84, with revenues reaching $358.19 million.
• The company announced a quarterly dividend of $0.26 per share, set to be paid on November 13, representing an annual yield of 2.7%.

Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) - Investment analysts at DA Davidson issued their Q3 2026 EPS estimates for Apogee Enterprises in a research report issued to clients and investors on Monday, October 13th. DA Davidson analyst B. Thielman forecasts that the industrial products company will earn $1.13 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $45.00 price objective on the stock. The consensus estimate for Apogee Enterprises' current full-year earnings is $4.97 per share. DA Davidson also issued estimates for Apogee Enterprises' FY2026 earnings at $3.75 EPS.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last announced its quarterly earnings results on Thursday, October 9th. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.14. Apogee Enterprises had a net margin of 3.19% and a return on equity of 15.76%. The company had revenue of $358.19 million for the quarter, compared to the consensus estimate of $350.91 million. During the same quarter in the prior year, the firm earned $1.44 earnings per share. The company's revenue for the quarter was up 4.6% compared to the same quarter last year. Apogee Enterprises has set its FY 2026 guidance at 3.600-3.900 EPS.

Other analysts also recently issued research reports about the stock. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Apogee Enterprises in a report on Wednesday, October 8th. Wall Street Zen raised shares of Apogee Enterprises from a "hold" rating to a "buy" rating in a report on Saturday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $45.00.

Apogee Enterprises Stock Down 0.7%

Shares of NASDAQ APOG opened at $38.48 on Wednesday. Apogee Enterprises has a 12-month low of $37.53 and a 12-month high of $87.93. The company has a market capitalization of $827.74 million, a PE ratio of 18.86 and a beta of 1.06. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.76 and a quick ratio of 1.37. The firm's 50-day moving average is $43.04 and its two-hundred day moving average is $42.17.

Apogee Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Wednesday, October 29th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, October 29th. This represents a $1.04 dividend on an annualized basis and a yield of 2.7%. Apogee Enterprises's dividend payout ratio (DPR) is 50.98%.

Hedge Funds Weigh In On Apogee Enterprises

A number of large investors have recently bought and sold shares of the stock. Wedge Capital Management L L P NC raised its stake in Apogee Enterprises by 5.6% during the third quarter. Wedge Capital Management L L P NC now owns 27,819 shares of the industrial products company's stock worth $1,212,000 after purchasing an additional 1,467 shares during the period. Assenagon Asset Management S.A. purchased a new position in Apogee Enterprises during the third quarter worth approximately $768,000. Moody National Bank Trust Division raised its stake in Apogee Enterprises by 12.5% during the third quarter. Moody National Bank Trust Division now owns 34,734 shares of the industrial products company's stock worth $1,513,000 after purchasing an additional 3,869 shares during the period. Squarepoint Ops LLC raised its stake in Apogee Enterprises by 104.2% during the second quarter. Squarepoint Ops LLC now owns 72,611 shares of the industrial products company's stock worth $2,948,000 after purchasing an additional 37,052 shares during the period. Finally, State of Wyoming raised its stake in Apogee Enterprises by 49.3% during the second quarter. State of Wyoming now owns 13,609 shares of the industrial products company's stock worth $553,000 after purchasing an additional 4,491 shares during the period. Hedge funds and other institutional investors own 94.05% of the company's stock.

About Apogee Enterprises

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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