NYSE:APO

Apollo Global Management (APO) Stock Forecast, Price & News

$92.48

+1.67 (+1.84%)

(As of 04:23 PM ET)

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Today's Range: $90.40
▼
$92.59
50-Day Range: $79.21
▼
$92.03
52-Week Range: $45.62
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$93.18

Volume: 1.38 million shs
Average Volume: 2.58 million shs
Market Capitalization: $52.42 billion

P/E Ratio: 43.83
Dividend Yield: 1.86%
Price Target: $85.38

Apollo Global Management MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 7.3% Downside
$85.38 Price Target
Short Interest: Bearish
2.32% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.62
Upright™ Environmental Score
News Sentiment: 0.75
Based on 17 Articles This Week
Insider Trading: Selling Shares
$8.70 M Sold Last Quarter
Proj. Earnings Growth: 19.37%
From $6.30 to $7.52 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Finance Sector

267th out of 852 stocks

Investment Advice Industry

18th out of 50 stocks

2.4

Analyst's Opinion

Consensus Rating
Apollo Global Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $85.38, Apollo Global Management has a forecasted downside of 7.3% from its current price of $92.05.
Amount of Analyst Coverage
Apollo Global Management has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
2.32% of the outstanding shares of Apollo Global Management have been sold short.
Short Interest Ratio / Days to Cover
Apollo Global Management has a short interest ratio ("days to cover") of 5.6.
Change versus previous month
Short interest in Apollo Global Management has recently increased by 3.70%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Apollo Global Management pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Apollo Global Management has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Apollo Global Management is 81.52%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Apollo Global Management will have a dividend payout ratio of 22.87% next year. This indicates that Apollo Global Management will be able to sustain or increase its dividend.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Apollo Global Management has received a -7.89% net impact score from Upright. Apollo Global Management uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Non-GHG emissions". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Real estate funds investing in energy infrastructure", "Private equity funds investing in the energy industry", and "Real estate funds investing in transportation infrastructure" products. See details.
Environmental Sustainability
The Environmental Impact score for Apollo Global Management is -0.62.

2.6

News and Social Media Coverage

News Sentiment
Apollo Global Management has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for Apollo Global Management this week, compared to 13 articles on an average week.
Search Interest
Only 8 people have searched for APO on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
14 people have added Apollo Global Management to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Apollo Global Management insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,696,359.00 in company stock.
Percentage Held by Insiders
Only 8.70% of the stock of Apollo Global Management is held by insiders.
Percentage Held by Institutions
60.86% of the stock of Apollo Global Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Apollo Global Management are expected to grow by 19.37% in the coming year, from $6.30 to $7.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Apollo Global Management is 43.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Apollo Global Management is 43.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 80.86.
Price to Earnings Growth Ratio
Apollo Global Management has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Apollo Global Management has a P/B Ratio of 18.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Apollo Global Management (NYSE:APO) Stock

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It also focuses on clean energy, sustainable industry, climate solutions, energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. It seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia , India and Europe.

APO Price History

30 days | 90 days | 365 days | Advanced Chart

APO Stock News Headlines

September 23, 2023 | financialpost.com

Debt Market Titans See Fiscal Risks and Rising Defaults

September 22, 2023 | barrons.com

Apollo Global Management Inc. 7.625% Fixed-Rate Resettable Jr. Sub. Notes due 2053

September 25, 2023 | Behind the Markets (Ad)

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