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NYSE:APO

Apollo Global Management Stock Forecast, Price & News

$44.67
+0.20 (+0.45 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$44.44
Now: $44.67
$45.06
50-Day Range
$44.47
MA: $47.21
$50.54
52-Week Range
$19.46
Now: $44.67
$55.38
Volume2.16 million shs
Average Volume2.17 million shs
Market Capitalization$10.24 billion
P/E RatioN/A
Dividend Yield4.41%
Beta1.53
Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily 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 alternative investments include investment in 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. 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 seeks to invest in companies based in across 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 $1.5 billion. The firm seeks to invest in companies with Enterprise value between $200 million to $2.5 billion. 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, LLC was founded in 1990 and is headquartered in New York City, with additional offices in New York City; Bethesda, Maryland; Chicago, Illinois; Los Angeles, California; Purchase, New York; Houston, Texas; London, United Kingdom; Frankfurt, Germany; Central, Hong Kong; Singapore; and Luxembourg.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.61 out of 5 stars


Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone212-515-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.93 billion
Cash Flow$2.43 per share
Book Value$11.14 per share

Profitability

Net Income$843.19 million

Miscellaneous

Employees1,421
Market Cap$10.24 billion
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$44.67
+0.20 (+0.45 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Apollo Global Management (NYSE:APO) Frequently Asked Questions

How has Apollo Global Management's stock been impacted by Coronavirus?

Apollo Global Management's stock was trading at $33.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, APO shares have increased by 31.7% and is now trading at $44.67.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Apollo Global Management?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Global Management in the last year. There are currently 9 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Apollo Global Management
.

When is Apollo Global Management's next earnings date?

Apollo Global Management is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Apollo Global Management
.

How were Apollo Global Management's earnings last quarter?

Apollo Global Management LLC (NYSE:APO) issued its earnings results on Thursday, July, 30th. The financial services provider reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.02. The financial services provider had revenue of $467.01 million for the quarter, compared to the consensus estimate of $442.94 million. Apollo Global Management had a net margin of 31.68% and a return on equity of 34.51%. During the same period in the prior year, the company posted $0.58 earnings per share.
View Apollo Global Management's earnings history
.

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 Friday, July 31st. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.49 per share on Monday, August 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date of this dividend is Monday, August 17th. This is a boost from Apollo Global Management's previous quarterly dividend of $0.42.
View Apollo Global Management's dividend history
.

What price target have analysts set for APO?

17 Wall Street analysts have issued 12-month target prices for Apollo Global Management's shares. Their forecasts range from $43.00 to $155.00. On average, they expect Apollo Global Management's stock price to reach $57.19 in the next year. This suggests a possible upside of 28.0% from the stock's current price.
View analysts' price targets for Apollo Global Management
.

Are investors shorting Apollo Global Management?

Apollo Global Management saw a drop in short interest in the month of August. As of August 14th, there was short interest totaling 5,020,000 shares, a drop of 17.3% from the July 30th total of 6,070,000 shares. Based on an average daily volume of 1,730,000 shares, the short-interest ratio is presently 2.9 days.
View Apollo Global Management's Short Interest
.

Who are some of Apollo Global Management's key competitors?

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), AT&T (T), Intelsat (I), Blackstone Group (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 key executives?

Apollo Global Management's management team includes the following people:
  • Mr. Leon D. Black, Founder, Chairman & CEO (Age 67)
  • Mr. Scott M. Kleinman, Co-Pres & Lead Partner of Private Equity (Age 46)
  • Mr. James Charles Zelter, Co-Pres, Managing Partner & Chief Investment Officer of Credit (Age 57)
  • Mr. Martin Bernard Kelly, CFO & Co-COO (Age 51)
  • Mr. John J. Suydam J.D., Sr. Partner & Chief Legal Officer (Age 59)

What is Apollo Global Management's stock symbol?

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

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. (7.99%), Beck Mack & Oliver LLC (1.47%), Bank of America Corp DE (1.40%), Menora Mivtachim Holdings LTD. (0.83%), TimesSquare Capital Management LLC (0.64%) and Federated Hermes Inc. (0.55%). Company insiders that own Apollo Global Management stock include A B Krongard, Anthony Civale, Marc J Rowan, Martin Kelly, Michael E Ducey, Pauline Richards and Tiger Global Management Llc.
View institutional ownership trends for Apollo Global Management
.

Which institutional investors are selling Apollo Global Management stock?

APO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Menora Mivtachim Holdings LTD., Bank of Montreal Can, TimesSquare Capital Management LLC, Bank of America Corp DE, Robeco Institutional Asset Management B.V., California Public Employees Retirement System, and Knott David M. Company insiders that have sold Apollo Global Management company stock in the last year include Anthony Civale, Marc J Rowan, Martin Kelly, and Tiger Global Management Llc.
View insider buying and selling activity for Apollo Global Management
.

Which institutional investors are buying Apollo Global Management stock?

APO stock was purchased by a variety of institutional investors in the last quarter, including Markel Corp, Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Vanguard Group Inc., Russell Investments Group Ltd., Bank of New York Mellon Corp, Jennison Associates LLC, and California State Teachers Retirement System. Company insiders that have bought Apollo Global Management stock in the last two years include A B Krongard, Michael E Ducey, Pauline Richards, and Tiger Global Management Llc.
View insider buying and selling activity for Apollo Global Management
.

How do I buy shares of Apollo Global Management?

Shares of APO 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.

What is Apollo Global Management's stock price today?

One share of APO stock can currently be purchased for approximately $44.67.

How big of a company is Apollo Global Management?

Apollo Global Management has a market capitalization of $10.24 billion and generates $2.93 billion in revenue each year. The financial services provider earns $843.19 million in net income (profit) each year or $2.71 on an earnings per share basis. Apollo Global Management employs 1,421 workers across the globe.

What is Apollo Global Management's official website?

The official website for Apollo Global Management is www.apollo.com.

How can I contact Apollo Global Management?

Apollo Global Management's mailing address is 9 West 57th Str, NEW YORK NY, 10019. The financial services provider can be reached via phone at 212-515-3200 or via email at [email protected]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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