NYSE:ALG - Alamo Group Stock Price, Forecast & News

Alamo Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALG."

Alamo Group announced a quarterly dividend on Friday, January 3rd. Stockholders of record on Thursday, January 16th will be paid a dividend of $0.13 per share on Wednesday, January 29th. This represents a $0.52 annualized dividend and a dividend yield of 0.40%. The ex-dividend date is Wednesday, January 15th. This is a positive change from Alamo Group's previous quarterly dividend of $0.12. View Alamo Group's Dividend History.

Alamo Group, Inc. (NYSE:ALG) released its quarterly earnings data on Wednesday, October, 30th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.88 by $0.34. The industrial products company earned $271.83 million during the quarter. Alamo Group had a return on equity of 13.07% and a net margin of 6.50%. View Alamo Group's Earnings History.

Alamo Group is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Alamo Group.

2 Wall Street analysts have issued twelve-month target prices for Alamo Group's shares. Their forecasts range from $128.00 to $128.00. On average, they anticipate Alamo Group's share price to reach $128.00 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. View Analyst Price Targets for Alamo Group.

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

Media coverage about ALG stock has been trending extremely negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Alamo Group earned a daily sentiment score of -4.6 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Alamo Group.

Alamo Group saw a increase in short interest in January. As of January 31st, there was short interest totalling 375,600 shares, an increase of 12.9% from the January 15th total of 332,600 shares. Based on an average daily volume of 97,600 shares, the days-to-cover ratio is currently 3.8 days. Approximately 3.3% of the company's shares are sold short. View Alamo Group's Current Options Chain.

Some companies that are related to Alamo Group include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX) and Douglas Dynamics (PLOW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alamo Group investors own include Badger Meter (BMI), Activision Blizzard (ATVI), Gilead Sciences (GILD), ImmunoGen (IMGN), Enterprise Products Partners (EPD), General Motors (GM), Las Vegas Sands (LVS), Altria Group (MO), Pfizer (PFE) and AT&T (T).

Alamo Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Longview Asset Management LLC (11.52%), Victory Capital Management Inc. (6.08%), Victory Capital Management Inc. (5.98%), Mawer Investment Management Ltd. (2.98%), State Street Corp (2.41%) and Vaughan Nelson Investment Management L.P. (2.26%). Company insiders that own Alamo Group stock include Dan Edward Malone, David W Grzelak, Edward Rizzuti, Janet S Pollock, Jeffery Allen Leonard, Richard Hodges Raborn, Richard J Wehrle, Rick Parod, Roderick R Baty, Ronald A Robinson and Weiss Gary. View Institutional Ownership Trends for Alamo Group.

ALG stock was sold by a variety of institutional investors in the last quarter, including Longview Asset Management LLC, PNC Financial Services Group Inc., NWQ Investment Management Company LLC, Tygh Capital Management Inc., Franklin Resources Inc., Marshall Wace North America L.P., Bank of New York Mellon Corp and GW&K Investment Management LLC. Company insiders that have sold Alamo Group company stock in the last year include Dan Edward Malone, David W Grzelak, Edward Rizzuti, Janet S Pollock, Jeffery Allen Leonard, Richard Hodges Raborn, Richard J Wehrle, Ronald A Robinson and Weiss Gary. View Insider Buying and Selling for Alamo Group.

ALG stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Victory Capital Management Inc., Victory Capital Management Inc., Janus Henderson Group PLC, Penn Capital Management Co. Inc., New York State Common Retirement Fund, Mutual of America Capital Management LLC and King Luther Capital Management Corp. Company insiders that have bought Alamo Group stock in the last two years include Rick Parod and Roderick R Baty. View Insider Buying and Selling for Alamo Group.

Shares of ALG 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 ALG stock can currently be purchased for approximately $129.10.

Alamo Group has a market capitalization of $1.53 billion and generates $1.01 billion in revenue each year. The industrial products company earns $73.49 million in net income (profit) each year or $5.97 on an earnings per share basis. Alamo Group employs 3,470 workers across the globe.View Additional Information About Alamo Group.

The official website for Alamo Group is http://www.alamo-group.com/.

Alamo Group's mailing address is 1627 EAST WALNUT, SEGUIN TX, 78155. The industrial products company can be reached via phone at 830-379-1480.