NYSE:AGX - Argan Stock Price, Forecast & News

Argan trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGX."

Argan announced a quarterly dividend on Friday, December 13th. Investors of record on Thursday, January 23rd will be paid a dividend of $0.25 per share on Friday, January 31st. This represents a $1.00 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Wednesday, January 22nd. View Argan's Dividend History.

Argan, Inc. (NYSE:AGX) issued its earnings results on Tuesday, December, 10th. The construction company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.06) by $0.38. The construction company had revenue of $58.40 million for the quarter, compared to analyst estimates of $56.50 million. Argan had a negative net margin of 14.58% and a negative return on equity of 9.31%. The firm's revenue was down 49.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.07 earnings per share. View Argan's Earnings History.

Argan is scheduled to release their next quarterly earnings announcement on Wednesday, April 8th 2020. View Earnings Estimates for Argan.

1 brokerages have issued twelve-month price objectives for Argan's stock. Their forecasts range from $62.00 to $62.00. On average, they expect Argan's stock price to reach $62.00 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for Argan.

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

Media stories about AGX stock have been trending very negative on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Argan earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Argan.

Some companies that are related to Argan include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), MasTec (MTZ), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Ameresco (AMRC), Primoris Services (PRIM), Aegion (AEGN), Great Lakes Dredge & Dock (GLDD) and Tutor Perini (TPC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Argan investors own include Applied Materials (AMAT), Lam Research (LRCX), FTS International (FTSI), Real Goods Solar (RGSE), Corus Entertainment (CJREF), SP Plus (SP), Advanced Energy Industries (AEIS), Casa Systems (CASA), KLA (KLAC) and Nektar Therapeutics (NKTR).

Argan's stock is owned by a number of of retail and institutional investors. Top institutional investors include River Road Asset Management LLC (8.26%), FMR LLC (8.21%), Russell Investments Group Ltd. (3.91%), Royce & Associates LP (3.31%), Renaissance Technologies LLC (2.79%) and State Street Corp (2.18%). Company insiders that own Argan stock include David Hibbert Watson, James W Quinn, John Ronald Jr Jeffrey, Richard H Deily and W G Champion Mitchell. View Institutional Ownership Trends for Argan.

AGX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Royce & Associates LP, State Street Corp, Bank of New York Mellon Corp, Boston Partners, Bank of America Corp DE, Raymond James & Associates and Citigroup Inc.. View Insider Buying and Selling for Argan.

AGX stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, River Road Asset Management LLC, Russell Investments Group Ltd., John G Ullman & Associates Inc., Parthenon LLC, Barclays PLC, Goldman Sachs Group Inc. and Roumell Asset Management LLC. Company insiders that have bought Argan stock in the last two years include David Hibbert Watson, James W Quinn, John Ronald Jr Jeffrey and Richard H Deily. View Insider Buying and Selling for Argan.

Shares of AGX 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 AGX stock can currently be purchased for approximately $46.00.

Argan has a market capitalization of $718.98 million and generates $482.15 million in revenue each year. Argan employs 1,487 workers across the globe.View Additional Information About Argan.

The official website for Argan is http://www.arganinc.com/.

Argan's mailing address is ONE CHURCH STREET SUITE 201, ROCKVILLE MD, 20850. The construction company can be reached via phone at 301-315-0027.