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

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Apollo Global Management in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" APO shares.
View APO analyst ratings or view top-rated stocks.

12 equities research analysts have issued 12-month price targets for Apollo Global Management's stock. Their APO share price forecasts range from $55.00 to $104.00. On average, they predict the company's stock price to reach $85.38 in the next year. This suggests that the stock has a possible downside of 4.7%.
View analysts price targets for APO or view top-rated stocks among Wall Street analysts.

Apollo Global Management's stock was trading at $63.79 at the start of the year. Since then, APO stock has increased by 40.4% and is now trading at $89.59.
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Apollo Global Management saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 12,690,000 shares, an increase of 14.5% from the July 31st total of 11,080,000 shares. Based on an average daily volume of 2,480,000 shares, the short-interest ratio is currently 5.1 days.
View Apollo Global Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our APO earnings forecast.

Apollo Global Management, Inc. (NYSE:APO) posted its quarterly earnings data on Thursday, August, 3rd. The financial services provider reported $1.54 EPS for the quarter, missing analysts' consensus estimates of $1.60 by $0.06. The financial services provider had revenue of $793 million for the quarter, compared to analysts' expectations of $781.82 million. Apollo Global Management had a trailing twelve-month return on equity of 109.78% and a net margin of 4.91%.

Apollo Global Management announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, August 18th will be paid a dividend of $0.43 per share on Thursday, August 31st. This represents a $1.72 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, August 17th.
Read our dividend analysis for APO.

ETFs with the largest weight of Apollo Global Management (NYSE:APO) stock in their portfolio include ClearBridge Dividend Strategy ESG ETF (YLDE), Gabelli Financial Services Opportunities ETF (GABF), Fidelity Disruptive Finance ETF (FDFF), First Trust Lunt U.S. Factor Rotation ETF (FCTR), Putnam Focused Large Cap Value ETF (PVAL), Goldman Sachs Hedge Industry VIP ETF (GVIP), First Trust Financial AlphaDEX Fund (FXO) and SPDR S&P Bank ETF (KBE).

Apollo Global Management (NYSE:APO) pays an annual dividend of $1.72 per share and currently has a dividend yield of 1.89%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 81.52%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, APO will have a dividend payout ratio of 22.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for APO.

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).

Apollo Global Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "APO."

Apollo Global Management's stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital World Investors (5.38%), BlackRock Inc. (4.94%), Capital International Investors (2.42%), State Street Corp (1.72%), Clearbridge Investments LLC (1.65%) and Brave Warrior Advisors LLC (1.39%). Insiders that own company stock include A B Krongard, A B Krongard, James C Zelter, James C Zelter, John J Suydam, John J Suydam, Joshua Harris, Kerry Murphy Healey, Martin Kelly, Pauline Richards, Scott Kleinman, Tiger Global Management Llc and Walter Joseph Clayton III.
View institutional ownership trends.

Shares of APO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of APO stock can currently be purchased for approximately $89.59.

Apollo Global Management (NYSE:APO) has a market capitalization of $50.78 billion and generates $26.82 billion in revenue each year. The financial services provider earns $933.87 million in net income (profit) each year or $2.11 on an earnings per share basis.

The company employs 2,540 workers across the globe.

Apollo Global Management's mailing address is 9 West 57th Str, NEW YORK NY, 10019. The official website for the company is www.apollo.com. The financial services provider can be reached via phone at (212) 515-3200 or via email at ngunn@apollolp.com.