Research Analysts Set Expectations for APOG Q2 Earnings

Apogee Enterprises, Inc. (NASDAQ:APOG - Free Report) - Research analysts at DA Davidson issued their Q2 2026 earnings per share estimates for Apogee Enterprises in a report released on Tuesday, July 1st. DA Davidson analyst B. Thielman anticipates that the industrial products company will post earnings of $0.73 per share for the quarter. DA Davidson 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' FY2027 earnings at $3.79 EPS.

Apogee Enterprises (NASDAQ:APOG - Get Free Report) last issued its quarterly earnings data on Friday, June 27th. The industrial products company reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.11. Apogee Enterprises had a return on equity of 17.79% and a net margin of 3.73%. The firm had revenue of $346.62 million during the quarter, compared to the consensus estimate of $326.08 million. During the same period last year, the company earned $1.44 EPS. The company's quarterly revenue was up 4.6% on a year-over-year basis.

Separately, Wall Street Zen cut shares of Apogee Enterprises from a "buy" rating to a "hold" rating in a research report on Friday, April 25th.

Apogee Enterprises Trading Up 0.1%

Shares of APOG traded up $0.06 during trading on Thursday, reaching $43.27. 185,198 shares of the company traded hands, compared to its average volume of 205,098. The stock has a 50-day simple moving average of $39.90 and a 200-day simple moving average of $47.62. The stock has a market cap of $931.50 million, a PE ratio of 18.49 and a beta of 0.96. Apogee Enterprises has a twelve month low of $37.53 and a twelve month high of $87.93. The company has a quick ratio of 1.36, a current ratio of 1.77 and a debt-to-equity ratio of 0.65.

Apogee Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Wednesday, July 16th will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, July 16th. This represents a $1.04 dividend on an annualized basis and a yield of 2.40%. Apogee Enterprises's dividend payout ratio (DPR) is presently 44.44%.

Institutional Trading of Apogee Enterprises

Hedge funds have recently made changes to their positions in the business. Assenagon Asset Management S.A. purchased a new stake in Apogee Enterprises during the 1st quarter worth approximately $691,000. SG Americas Securities LLC acquired a new position in shares of Apogee Enterprises in the first quarter worth $280,000. Janney Montgomery Scott LLC increased its position in shares of Apogee Enterprises by 18.5% during the first quarter. Janney Montgomery Scott LLC now owns 29,914 shares of the industrial products company's stock worth $1,386,000 after acquiring an additional 4,680 shares during the period. Franklin Resources Inc. raised its stake in shares of Apogee Enterprises by 35.3% in the fourth quarter. Franklin Resources Inc. now owns 44,247 shares of the industrial products company's stock valued at $3,160,000 after acquiring an additional 11,552 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Apogee Enterprises by 6.7% in the fourth quarter. Bank of America Corp DE now owns 103,804 shares of the industrial products company's stock valued at $7,413,000 after purchasing an additional 6,529 shares during the period. Institutional investors and hedge funds own 94.05% of the company's stock.

Apogee Enterprises Company Profile

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).