Apogee Enterprises - APOG Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Apogee Enterprises in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" APOG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APOG, but not buy additional shares or sell existing shares.
View APOG analyst ratings or view top-rated stocks.

1 brokers have issued twelve-month price objectives for Apogee Enterprises' shares. Their APOG share price forecasts range from $43.00 to $43.00. On average, they expect the company's stock price to reach $43.00 in the next twelve months. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for APOG or view top-rated stocks among Wall Street analysts.

Apogee Enterprises' stock was trading at $44.46 at the start of the year. Since then, APOG stock has decreased by 2.7% and is now trading at $43.25.
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Apogee Enterprises saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 583,600 shares, an increase of 12.1% from the February 28th total of 520,400 shares. Based on an average trading volume of 117,700 shares, the short-interest ratio is presently 5.0 days. Approximately 2.7% of the shares of the stock are sold short.
View Apogee Enterprises' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 12th 2023.
View our APOG earnings forecast.

Apogee Enterprises will be holding an earnings conference call on Wednesday, April 12th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Apogee Enterprises, Inc. (NASDAQ:APOG) posted its earnings results on Tuesday, December, 21st. The industrial products company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.10. The industrial products company earned $334.20 million during the quarter, compared to analyst estimates of $314.63 million. Apogee Enterprises had a net margin of 4.75% and a trailing twelve-month return on equity of 25.58%. The firm's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $0.90 EPS.

Apogee Enterprises declared a quarterly dividend on Thursday, January 12th. Stockholders of record on Tuesday, January 31st will be paid a dividend of $0.24 per share on Wednesday, February 15th. This represents a $0.96 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend is Monday, January 30th. This is a positive change from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for APOG.

ETFs with the largest weight of Apogee Enterprises (NASDAQ:APOG) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), Dividend Performers ETF (IPDP), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Industrials ETF (PSCI), iShares U.S. Infrastructure ETF (IFRA), Distillate Small/Mid Cash Flow ETF (DSMC), Invesco S&P SmallCap Quality ETF (XSHQ) and Etho Climate Leadership US ETF (ETHO).

Apogee Enterprises (NASDAQ:APOG) pays an annual dividend of $0.96 per share and currently has a dividend yield of 2.26%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APOG will have a dividend payout ratio of 24.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APOG.

7 employees have rated Apogee Enterprises Chief Executive Officer Joseph Puishys on Glassdoor.com. Joseph Puishys has an approval rating of 81% among the company's employees. 58.0% of employees surveyed would recommend working at Apogee Enterprises to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Apogee Enterprises investors own include Energy Transfer (ET), Home Depot (HD), AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), McDonald's (MCD), Verizon Communications (VZ), Advanced Micro Devices (AMD), NVIDIA (NVDA) and Pfizer (PFE).

Apogee Enterprises trades on the NASDAQ under the ticker symbol "APOG."

Shares of APOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of APOG stock can currently be purchased for approximately $43.25.

Apogee Enterprises (NASDAQ:APOG) has a market capitalization of $960.58 million and generates $1.31 billion in revenue each year. The industrial products company earns $3.49 million in net income (profit) each year or $3.08 on an earnings per share basis.

The company employs 5,500 workers across the globe.

Apogee Enterprises' mailing address is 4400 WEST 78TH STREET SUITE 520, MINNEAPOLIS MN, 55435. The official website for the company is www.apog.com. The industrial products company can be reached via phone at (952) 835-1874 or via email at ir@apog.com.