Apogee Enterprises (APOG) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apogee Enterprises in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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.
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2 brokers have issued 1 year target prices for Apogee Enterprises' stock. Their APOG share price forecasts range from $46.00 to $46.00. On average, they expect the company's stock price to reach $46.00 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
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 beginning of 2023. Since then, APOG shares have decreased by 10.2% and is now trading at $39.93.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 22nd 2023.
View our APOG earnings forecast.

Apogee Enterprises, Inc. (NASDAQ:APOG) released its quarterly earnings results on Wednesday, April, 12th. The industrial products company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. The industrial products company earned $344.10 million during the quarter, compared to analyst estimates of $346.58 million. Apogee Enterprises had a trailing twelve-month return on equity of 24.49% and a net margin of 7.23%. The firm's revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 earnings per share.

Apogee Enterprises announced a quarterly dividend on Thursday, April 20th. Shareholders of record on Tuesday, May 9th will be paid a dividend of $0.24 per share on Wednesday, May 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Monday, May 8th.
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), Invesco S&P SmallCap Quality ETF (XSHQ), Distillate Small/Mid Cash Flow ETF (DSMC) and Royce Quant Small-Cap Quality Value ETF (SQLV).

Apogee Enterprises (NASDAQ:APOG) pays an annual dividend of $0.96 per share and currently has a dividend yield of 2.56%. 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 20.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APOG will have a dividend payout ratio of 23.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APOG.

Apogee Enterprises updated its FY 2024 earnings guidance on Wednesday, April, 12th. The company provided earnings per share guidance of $3.90-$4.25 for the period, compared to the consensus earnings per share estimate of $3.91. The company issued revenue guidance of -.

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."

Apogee Enterprises' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (17.64%), Dimensional Fund Advisors LP (6.00%), Barrow Hanley Mewhinney & Strauss LLC (5.15%), State Street Corp (5.11%), Segall Bryant & Hamill LLC (4.05%) and LSV Asset Management (2.36%). Insiders that own company stock include Bernard P Aldrich, Brent C Jewell, Gary Robert Johnson, Herbert K Parker and Mark Richard Augdahl.
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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 $39.93.

Apogee Enterprises (NASDAQ:APOG) has a market capitalization of $889.64 million and generates $1.44 billion in revenue each year. The industrial products company earns $104.11 million in net income (profit) each year or $4.66 on an earnings per share basis.

The company employs 4,900 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.