NYSE:VMI

Valmont Industries (VMI) Stock Price, News & Analysis

$212.79
-0.74 (-0.35%)
(As of 04/24/2024 ET)
Today's Range
$212.55
$214.95
50-Day Range
$206.34
$230.67
52-Week Range
$188.63
$303.57
Volume
150,972 shs
Average Volume
167,222 shs
Market Capitalization
$4.30 billion
P/E Ratio
31.57
Dividend Yield
1.13%
Price Target
$262.00

Valmont Industries MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
23.1% Upside
$262.00 Price Target
Short Interest
Healthy
2.66% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.04
Upright™ Environmental Score
News Sentiment
0.68mentions of Valmont Industries in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.93%
From $14.90 to $16.38 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.

3.94 out of 5 stars

Industrial Products Sector

49th out of 167 stocks

Fabricated Structural Metal Products Industry

2nd out of 5 stocks

VMI stock logo

About Valmont Industries Stock (NYSE:VMI)

Valmont Industries, Inc. operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications. It also offers galvanizing, anodizing, painting, and powder coating services for paint products; towers, small cell structures, camouflage concealment solutions, passive intermodulation mitigation equipment, and components for wireless communication markets; and solar single-axis tracker product, an integrated system of steel structures, electric motors, and electronic controllers, as well as provides coatings services to preserve metal products. In addition, the company manufactures center pivot components and linear irrigation equipment for the agricultural markets, such as parts and tubular products for industrial customers; advanced technology solutions for agricultural sector; mechanical irrigation equipment and service parts under the Valley brand name. It serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and farmers, as well as the general manufacturing sector. Valmont Industries, Inc. was founded in 1946 and is headquartered in Omaha, Nebraska.

VMI Stock Price History

VMI Stock News Headlines

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Valmont Board Declares Quarterly Dividend
Q4 2023 Valmont Industries Inc Earnings Call
Valmont Industries (VMI) Beats Q4 Earnings Estimates
Valmont Reports Fourth Quarter and Full Year 2023 Results
Valmont Reports Fourth Quarter and Full Year 2023 Results
Here's what Wall Street expects from Valmont Industries's earnings report
Valmont Industries Inc.
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Fabricated structural metal products
Sub-Industry
Industrial Machinery
CUSIP
92025310
Employees
11,125
Year Founded
1946

Price Target and Rating

Average Stock Price Target
$262.00
High Stock Price Target
$275.00
Low Stock Price Target
$249.00
Potential Upside/Downside
+23.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$143.48 million
Pretax Margin
5.66%

Debt

Sales & Book Value

Annual Sales
$4.17 billion
Cash Flow
$20.00 per share
Book Value
$64.83 per share

Miscellaneous

Free Float
19,832,000
Market Cap
$4.30 billion
Optionable
Optionable
Beta
1.03

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VMI Stock Analysis - Frequently Asked Questions

Should I buy or sell Valmont Industries stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Valmont Industries in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VMI shares.
View VMI analyst ratings
or view top-rated stocks.

What is Valmont Industries' stock price target for 2024?

3 Wall Street analysts have issued 12 month price objectives for Valmont Industries' stock. Their VMI share price targets range from $249.00 to $275.00. On average, they anticipate the company's share price to reach $262.00 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price.
View analysts price targets for VMI
or view top-rated stocks among Wall Street analysts.

How have VMI shares performed in 2024?

Valmont Industries' stock was trading at $233.51 at the start of the year. Since then, VMI shares have decreased by 8.9% and is now trading at $212.79.
View the best growth stocks for 2024 here
.

Are investors shorting Valmont Industries?

Valmont Industries saw a increase in short interest in March. As of March 15th, there was short interest totaling 494,300 shares, an increase of 27.1% from the February 29th total of 388,900 shares. Based on an average daily trading volume, of 158,600 shares, the short-interest ratio is presently 3.1 days. Currently, 2.5% of the shares of the company are sold short.
View Valmont Industries' Short Interest
.

When is Valmont Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our VMI earnings forecast
.

How can I listen to Valmont Industries' earnings call?

Valmont Industries will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13742903".

How were Valmont Industries' earnings last quarter?

Valmont Industries, Inc. (NYSE:VMI) issued its quarterly earnings results on Wednesday, February, 21st. The industrial products company reported $3.18 EPS for the quarter, beating analysts' consensus estimates of $3.08 by $0.10. The industrial products company had revenue of $1,000 million for the quarter, compared to analysts' expectations of $1.04 billion. Valmont Industries had a net margin of 3.44% and a trailing twelve-month return on equity of 20.69%. The company's revenue was down 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $3.46 EPS.

How often does Valmont Industries pay dividends? What is the dividend yield for Valmont Industries?

Valmont Industries declared a quarterly dividend on Monday, February 26th. Shareholders of record on Friday, March 29th will be given a dividend of $0.60 per share on Monday, April 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for VMI
.

Is Valmont Industries a good dividend stock?

Valmont Industries (NYSE:VMI) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.12%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VMI will have a dividend payout ratio of 14.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VMI.

What guidance has Valmont Industries issued on next quarter's earnings?

Valmont Industries updated its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of 14.250-15.500 for the period, compared to the consensus earnings per share estimate of 15.280. The company issued revenue guidance of $4.0 billion-$4.2 billion, compared to the consensus revenue estimate of $4.3 billion.

What is Stephen Kaniewski's approval rating as Valmont Industries' CEO?

49 employees have rated Valmont Industries Chief Executive Officer Stephen Kaniewski on Glassdoor.com. Stephen Kaniewski has an approval rating of 81% among the company's employees.

What other stocks do shareholders of Valmont Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Valmont Industries investors own include QUALCOMM (QCOM), Corning (GLW), AbbVie (ABBV), Enterprise Products Partners (EPD), Coca-Cola (KO), NVIDIA (NVDA), Johnson & Johnson (JNJ), Medtronic (MDT), Sysco (SYY) and Cisco Systems (CSCO).

Who are Valmont Industries' major shareholders?

Valmont Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (0.80%), Congress Asset Management Co. MA (0.72%), Leeward Investments LLC MA (0.25%), Congress Wealth Management LLC DE (0.14%), Hamel Associates Inc. (0.12%) and Norden Group LLC (0.12%). Insiders that own company stock include Aaron M Schapper, Daas Kaj Den, Stephen G Kaniewski, Theodor Werner Freye, Thomas Mitchell Parnell and Timothy P Francis.
View institutional ownership trends
.

How do I buy shares of Valmont Industries?

Shares of VMI 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.

Does Valmont Industries have any subsidiaries?
The following companies are subsidiares of Valmont Industries: AgSense, AgSense LLC, Aircon Guardrails, Aircon Guardrails Private Limited, American Galvanizing, American Galvanizing, ArmorFlex, Armorflex International Limited, CSP Coatings Systems, ConcealFab, Connect-It Wireless Inc, Convert Italia S.p.A., Convert Italia SpA, Delta Electrical & Engineering B.V., Delta Ltd., Derit, George Industries  Inc., Industrial Galvanizers America Holdings Inc., KC Utility Packaging, Larson Camouflage LLC, Locker Group Holdings, Locker Group Holdings Pty. Ltd., Matco Sevices  Inc., PiRod  Inc., PivoTrac, PivoTrac, Prospera Technologies, Prospera Technologies Ltd, Pure Metal Galvanizing ULC, Shakespeare Composite Structures, Solbras, Stainton Metal Co Ltd., Tehomet Baltic Ou, Tehomet Oy, Torrent Engineering and Equipment LLC, United Galvanizing Inc, Valley Irrigation South Africa (PTY) Ltd., Valmont Australia Irrigation Pty. Ltd., Valmont Coatings Inc., Valmont France S.A.S., Valmont Group Holdings Pty. Ltd., Valmont Industria e Comercio  Ltda., Valmont Industries (China) Co. Ltd., Valmont Industries (Guangdong)  Ltd., Valmont Industries (Shandong)  Ltd., Valmont Industries Holland B.V., Valmont Industries de Argentina S.A., Valmont International Corp., Valmont Investimentos Ltda., Valmont Middle East FZE, Valmont Monterrey S. de R.L. de C.V., Valmont Nederland B.V., Valmont Newmark  Inc., Valmont Polska Sp.z o.o, Valmont Queensland Pty. Ltd., Valmont SM, Valmont SM A/S, Valmont Sarl, Valmont Singapore Pte. Ltd., Valmont Structures Private Limited, Valmont U.K. Ltd., Valmont West Coast Engineering LTD, Valmont S.A.U., Walpar, Walpar LLC, West Coast Engineering Inc, and Westcoast Engineering Group Ltd..
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This page (NYSE:VMI) was last updated on 4/25/2024 by MarketBeat.com Staff

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