NYSE:AGX - Argan Stock Price, Forecast & News

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

Argan declared a quarterly dividend on Friday, December 13th. Stockholders 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 dividend yield of 2.14%. The ex-dividend date is Wednesday, January 22nd. View Argan's Dividend History.

Argan, Inc. (NYSE:AGX) issued its quarterly earnings data on Tuesday, December, 10th. The construction company reported ($0.44) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by $0.38. The construction company earned $58.40 million during 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.07 EPS. 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 12 month price objectives for Argan's shares. Their forecasts range from $62.00 to $62.00. On average, they expect Argan's stock price to reach $62.00 in the next year. This suggests a possible upside of 32.6% 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.

News stories about AGX stock have been trending very negative on Tuesday, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Argan earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. 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), Primoris Services (PRIM), Ameresco (AMRC), 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 many different of institutional and retail investors. Top institutional shareholders 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 acquired 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 $46.74.

Argan has a market capitalization of $730.55 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.