Singular Research Has Bearish Forecast for APOG Q1 Earnings

Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) - Equities research analysts at Singular Research dropped their Q1 2026 earnings estimates for shares of Apogee Enterprises in a report issued on Wednesday, April 30th. Singular Research analyst G. Sriharan now expects that the industrial products company will post earnings per share of $0.51 for the quarter, down from their prior estimate of $1.19. Singular Research currently has a "Moderate Buy" rating on the stock. The consensus estimate for Apogee Enterprises' current full-year earnings is $4.97 per share. Singular Research also issued estimates for Apogee Enterprises' Q2 2026 earnings at $0.65 EPS, Q3 2026 earnings at $1.32 EPS, Q4 2026 earnings at $1.34 EPS and FY2026 earnings at $3.81 EPS.

Other equities analysts have also issued reports about the stock. DA Davidson reduced their price target on shares of Apogee Enterprises from $75.00 to $62.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. Sidoti upgraded Apogee Enterprises from a "neutral" rating to a "buy" rating in a research report on Friday, January 10th. Finally, StockNews.com cut Apogee Enterprises from a "buy" rating to a "hold" rating in a report on Friday, April 25th.

Apogee Enterprises Price Performance

Shares of NASDAQ APOG traded down $0.81 during midday trading on Monday, reaching $38.75. 131,690 shares of the company traded hands, compared to its average volume of 191,540. The stock's 50-day simple moving average is $45.40 and its 200-day simple moving average is $59.90. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.27 and a current ratio of 1.63. Apogee Enterprises has a 12 month low of $38.25 and a 12 month high of $87.93. The firm has a market cap of $830.03 million, a PE ratio of 8.65 and a beta of 0.99.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The industrial products company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.01). The company had revenue of $345.69 million for the quarter, compared to analyst estimates of $331.82 million. Apogee Enterprises had a net margin of 7.14% and a return on equity of 23.14%. The firm's revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.14 earnings per share.

Apogee Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a $1.04 annualized dividend and a dividend yield of 2.68%. Apogee Enterprises's dividend payout ratio (DPR) is currently 26.80%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Victory Capital Management Inc. increased its stake in shares of Apogee Enterprises by 1.3% in the 1st quarter. Victory Capital Management Inc. now owns 1,170,654 shares of the industrial products company's stock valued at $54,236,000 after buying an additional 14,687 shares during the period. Segall Bryant & Hamill LLC raised its holdings in Apogee Enterprises by 9.3% during the 1st quarter. Segall Bryant & Hamill LLC now owns 723,988 shares of the industrial products company's stock worth $33,542,000 after purchasing an additional 61,430 shares during the last quarter. American Century Companies Inc. lifted its position in Apogee Enterprises by 12.9% during the 4th quarter. American Century Companies Inc. now owns 692,139 shares of the industrial products company's stock valued at $49,426,000 after purchasing an additional 79,009 shares during the period. Northern Trust Corp boosted its stake in shares of Apogee Enterprises by 19.9% in the 4th quarter. Northern Trust Corp now owns 277,942 shares of the industrial products company's stock valued at $19,848,000 after purchasing an additional 46,220 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Apogee Enterprises by 87.9% during the 4th quarter. JPMorgan Chase & Co. now owns 186,744 shares of the industrial products company's stock worth $13,335,000 after buying an additional 87,356 shares during the period. 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).