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NYSE:VMI

Valmont Industries (VMI) Stock Price, News & Analysis

$252.79
-1.02 (-0.40%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$251.68
$255.24
50-Day Range
$204.80
$260.25
52-Week Range
$188.63
$303.57
Volume
99,800 shs
Average Volume
175,315 shs
Market Capitalization
$5.10 billion
P/E Ratio
33.31
Dividend Yield
0.95%
Price Target
$262.00

Valmont Industries MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
3.6% Upside
$262.00 Price Target
Short Interest
Healthy
2.47% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.04
Upright™ Environmental Score
News Sentiment
1.50mentions of Valmont Industries in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.40%
From $15.94 to $17.12 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.

3.32 out of 5 stars

Industrial Products Sector

77th out of 164 stocks

Fabricated Structural Metal Products Industry

2nd out of 4 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

Valmont Board Declares Quarterly Dividend
Top 3 Metal Stocks Poised for Breakthroughs
Valmont Board Declares Quarterly Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Last Earnings
5/01/2024
Today
5/26/2024
Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
7/24/2024
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
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$143.48 million
Pretax Margin
6.11%

Debt

Sales & Book Value

Annual Sales
$4.17 billion
Cash Flow
$19.89 per share
Book Value
$69.80 per share

Miscellaneous

Free Float
19,788,000
Market Cap
$5.10 billion
Optionable
Optionable
Beta
1.05

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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 twelve months. 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 brokerages have issued twelve-month target prices for Valmont Industries' stock. Their VMI share price targets range from $249.00 to $275.00. On average, they anticipate the company's stock price to reach $262.00 in the next year. This suggests a possible upside of 3.6% 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 beginning of 2024. Since then, VMI stock has increased by 8.3% and is now trading at $252.79.
View the best growth stocks for 2024 here
.

When is Valmont Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our VMI earnings forecast
.

How were Valmont Industries' earnings last quarter?

Valmont Industries, Inc. (NYSE:VMI) posted its earnings results on Wednesday, May, 1st. The industrial products company reported $4.32 earnings per share for the quarter, topping analysts' consensus estimates of $3.24 by $1.08. The industrial products company earned $977.83 million during the quarter, compared to the consensus estimate of $986.98 million. Valmont Industries had a trailing twelve-month return on equity of 22.14% and a net margin of 3.83%. The firm's quarterly revenue was down 8.0% on a year-over-year basis. During the same period in the prior year, the firm posted $3.54 EPS.

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

Valmont Industries announced a quarterly dividend on Monday, May 6th. Investors of record on Friday, June 28th will be given a dividend of $0.60 per share on Monday, July 15th. This represents a $2.40 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, June 28th.
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 0.95%. 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 31.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VMI will have a dividend payout ratio of 14.02% 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, May, 1st. The company provided earnings per share (EPS) guidance of 15.400-16.400 for the period, compared to the consensus estimate of 14.760. The company issued revenue guidance of $4.1 billion-$4.2 billion, compared to the consensus revenue estimate of $4.1 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.20%), Vaughan Nelson Investment Management L.P. (0.80%), Congress Asset Management Co. MA (0.72%), Robeco Schweiz AG (0.72%), Mirae Asset Global Investments Co. Ltd. (0.47%) and Gabelli Funds LLC (0.40%). 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 5/27/2024 by MarketBeat.com Staff

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