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NYSE:APO

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

$115.60
+0.08 (+0.07%)
(As of 05/28/2024 ET)
Today's Range
$115.17
$117.21
50-Day Range
$107.34
$116.09
52-Week Range
$65.85
$117.21
Volume
2.51 million shs
Average Volume
2.28 million shs
Market Capitalization
$65.68 billion
P/E Ratio
12.80
Dividend Yield
1.60%
Price Target
$115.62

Apollo Global Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
0.0% Upside
$115.62 Price Target
Short Interest
Bearish
3.26% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
1.03mentions of Apollo Global Management in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$53.16 M Sold Last Quarter
Proj. Earnings Growth
20.72%
From $7.19 to $8.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.55 out of 5 stars

Finance Sector

135th out of 879 stocks

Investment Advice Industry

8th out of 47 stocks

APO stock logo

About Apollo Global Management Stock (NYSE:APO)

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 Stock Price History

APO Stock News Headlines

Apollo Prices Offering of Senior Notes
Apollo to Offer Senior Notes
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
2/16/2024
Dividend Payable
2/29/2024
Last Earnings
5/02/2024
Ex-Dividend for 5/31 Dividend
5/16/2024
Today
5/29/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
4,879
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$115.62
High Stock Price Target
$131.00
Low Stock Price Target
$94.00
Potential Upside/Downside
+0.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$5.05 billion
Pretax Margin
17.40%

Debt

Sales & Book Value

Annual Sales
$32.64 billion
Cash Flow
$8.17 per share
Book Value
$41.98 per share

Miscellaneous

Free Float
519,867,000
Market Cap
$65.68 billion
Optionable
Optionable
Beta
1.61

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Key Executives

  • Mr. Marc Jeffrey Rowan (Age 62)
    Co-Founder, CEO & Director
    Comp: $310.01k
  • Mr. Martin Bernard Kelly (Age 56)
    CFO & Partner
    Comp: $2.49M
  • Mr. John J. Suydam J.D.Mr. John J. Suydam J.D. (Age 64)
    Senior Advisor & Partner
    Comp: $4.43M
  • Mr. Scott Martin Kleinman (Age 51)
    Co-President of Apollo Asset Management Inc. & Director
    Comp: $8.18M
  • Mr. Byron C. Vielehr (Age 61)
    Partner, COO & COO of Asset Management Business
  • Mr. Louis-Jacques Tanguy
    Partner of Finance in New York, Chief Accounting Officer & Controller
  • Mr. Jamey Lamanna
    Partner & Chief Information Officer of Global Technology in New York
  • Mr. Noah Gunn
    MD & Global Head of Investor Relations in New York
  • Ms. Yael Kenan Levy
    Chief Compliance Officer and Partner of Legal, Compliance & Tax in New York
  • Ms. Joanna Rose
    Global Head of Corporate Communications & Partner

APO Stock Analysis - Frequently Asked Questions

Should I buy or sell Apollo Global Management stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Global Management in the last twelve months. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" APO shares.
View APO analyst ratings
or view top-rated stocks.

What is Apollo Global Management's stock price target for 2024?

14 brokers have issued 1-year target prices for Apollo Global Management's shares. Their APO share price targets range from $94.00 to $131.00. On average, they predict the company's share price to reach $115.62 in the next twelve months. This suggests a possible upside of 0.0% from the stock's current price.
View analysts price targets for APO
or view top-rated stocks among Wall Street analysts.

How have APO shares performed in 2024?

Apollo Global Management's stock was trading at $93.19 at the start of the year. Since then, APO shares have increased by 24.0% and is now trading at $115.5950.
View the best growth stocks for 2024 here
.

Are investors shorting Apollo Global Management?

Apollo Global Management saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 18,540,000 shares, an increase of 5.3% from the April 30th total of 17,600,000 shares. Based on an average trading volume of 2,140,000 shares, the short-interest ratio is currently 8.7 days.
View Apollo Global Management's Short Interest
.

When is Apollo Global Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our APO earnings forecast
.

How were Apollo Global Management's earnings last quarter?

Apollo Global Management, Inc. (NYSE:APO) issued its quarterly earnings results on Thursday, May, 2nd. The financial services provider reported $1.50 EPS for the quarter, missing the consensus estimate of $1.71 by $0.21. The financial services provider had revenue of $839 million for the quarter, compared to the consensus estimate of $827.33 million. Apollo Global Management had a trailing twelve-month return on equity of 19.12% and a net margin of 16.27%.

How often does Apollo Global Management pay dividends? What is the dividend yield for Apollo Global Management?

Apollo Global Management announced a quarterly dividend on Thursday, May 2nd. Shareholders of record on Friday, May 17th will be given a dividend of $0.463 per share on Friday, May 31st. This represents a $1.85 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from the stock's previous quarterly dividend of $0.43.
Read our dividend analysis for APO
.

Is Apollo Global Management a good dividend stock?

Apollo Global Management (NYSE:APO) pays an annual dividend of $1.85 per share and currently has a dividend yield of 1.60%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, APO will have a dividend payout ratio of 21.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APO.

What other stocks do shareholders of Apollo Global Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Apollo Global Management investors own include Bank of America (BAC), Intelsat (I), AT&T (T), Blackstone (BX), Intel (INTC), Fossil Group (FOSL), AMC Entertainment (AMC), Cisco Systems (csco), General Electric (GE) and Associated British Foods (ABF).

Who are Apollo Global Management's major shareholders?

Apollo Global Management's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.16%), Capital World Investors (5.58%), Capital Research Global Investors (0.83%), TD Asset Management Inc (0.46%), Curated Wealth Partners LLC (0.00%) and Bank of New York Mellon Corp (0.35%). Insiders that own company stock include A B Krongard, James C Zelter, John J Suydam, John J Suydam, Joshua Harris, Kerry Murphy Healey, Leon D Black, Martin Kelly, Walter Joseph Clayton III and Whitney Chatterjee.
View institutional ownership trends
.

How do I buy shares of Apollo Global Management?

Shares of APO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:APO) was last updated on 5/29/2024 by MarketBeat.com Staff

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