NASDAQ:APOG - Apogee Enterprises Stock Price, Forecast & News

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

Apogee Enterprises declared a quarterly dividend on Thursday, January 16th. Investors of record on Monday, February 3rd will be paid a dividend of $0.1875 per share on Tuesday, February 18th. This represents a $0.75 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date is Friday, January 31st. This is an increase from Apogee Enterprises's previous quarterly dividend of $0.18. View Apogee Enterprises' Dividend History.

Apogee Enterprises announced that its Board of Directors has authorized a stock buyback plan on Wednesday, October 3rd 2018, which allows the company to buyback 2,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its shares are undervalued.

Apogee Enterprises Inc (NASDAQ:APOG) released its quarterly earnings results on Thursday, December, 19th. The industrial products company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.76 by $0.19. The industrial products company earned $337.90 million during the quarter, compared to the consensus estimate of $357.83 million. Apogee Enterprises had a net margin of 2.71% and a return on equity of 14.60%. The firm's revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.80 earnings per share. View Apogee Enterprises' Earnings History.

Apogee Enterprises is scheduled to release their next quarterly earnings announcement on Thursday, April 9th 2020. View Earnings Estimates for Apogee Enterprises.

Apogee Enterprises updated its FY20 earnings guidance on Thursday, December, 19th. The company provided EPS guidance of $2.15-2.30 for the period, compared to the Thomson Reuters consensus estimate of $3.03. The company issued revenue guidance of flat to down 1% to $1.39-1.40 billion, compared to the consensus revenue estimate of $1.44 billion.

3 brokerages have issued 1-year price targets for Apogee Enterprises' stock. Their forecasts range from $40.00 to $52.00. On average, they expect Apogee Enterprises' share price to reach $46.00 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price. View Analyst Price Targets for Apogee Enterprises.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apogee Enterprises in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apogee Enterprises.

News articles about APOG stock have trended very positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Apogee Enterprises earned a media sentiment score of 3.9 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Apogee Enterprises.

Apogee Enterprises saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 697,300 shares, an increase of 30.3% from the December 15th total of 535,200 shares. Based on an average daily volume of 181,600 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.7% of the shares of the company are sold short. View Apogee Enterprises' Current Options Chain.

Some companies that are related to Apogee Enterprises include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), A. O. Smith (AOS), Owens Corning (OC), Trex (TREX), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), Builders FirstSource (BLDR), Universal Forest Products (UFPI), AAON (AAON), American Woodmark (AMWD), Gibraltar Industries (ROCK), Patrick Industries (PATK) and Griffon (GFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Apogee Enterprises investors own include Energy Transfer LP Unit (ET), AT&T (T), Verizon Communications (VZ), Advanced Micro Devices (AMD), Cisco Systems (CSCO), NVIDIA (NVDA), Walgreens Boots Alliance (WBA), Home Depot (HD), Enterprise Products Partners (EPD) and Johnson & Johnson (JNJ).

Apogee Enterprises' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tocqueville Asset Management L.P. (0.83%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Company insiders that own Apogee Enterprises stock include Brent C Jewell, Herbert K Parker, James S Porter, Jerome L Davis, Joseph F Puishys, Robert J Marzec and Sara L Hays. View Institutional Ownership Trends for Apogee Enterprises.

APOG stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold Apogee Enterprises company stock in the last year include Jerome L Davis and Sara L Hays. View Insider Buying and Selling for Apogee Enterprises.

APOG stock was acquired by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P. and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought Apogee Enterprises stock in the last two years include Brent C Jewell, Herbert K Parker, James S Porter and Joseph F Puishys. View Insider Buying and Selling for Apogee Enterprises.

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

One share of APOG stock can currently be purchased for approximately $33.79.

Apogee Enterprises has a market capitalization of $895.77 million and generates $1.40 billion in revenue each year. The industrial products company earns $45.69 million in net income (profit) each year or $2.96 on an earnings per share basis. Apogee Enterprises employs 7,000 workers across the globe.View Additional Information About Apogee Enterprises.

The official website for Apogee Enterprises is http://www.apog.com/.

Apogee Enterprises' mailing address is 4400 WEST 78TH STREET SUITE 520, MINNEAPOLIS MN, 55435. The industrial products company can be reached via phone at 952-835-1874 or via email at [email protected]