NYSE:VMI - Valmont Industries Stock Price, News & Analysis

Valmont Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "VMI."

Valmont Industries declared a quarterly dividend on Monday, June 3rd. Investors of record on Friday, June 28th will be given a dividend of $0.375 per share on Monday, July 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Thursday, June 27th. View Valmont Industries' Dividend History.

Valmont Industries announced that its Board of Directors has authorized a share repurchase plan on Wednesday, October 31st 2018, which permits the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Valmont Industries, Inc. (NYSE:VMI) released its earnings results on Tuesday, July, 23rd. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.24 by $0.14. The industrial products company earned $700.90 million during the quarter, compared to analysts' expectations of $725.44 million. Valmont Industries had a return on equity of 14.86% and a net margin of 3.61%. The business's revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.98 EPS. View Valmont Industries' Earnings History.

Valmont Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Valmont Industries.

Valmont Industries will be holding an earnings conference call on Thursday, October 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

2 brokerages have issued 1-year price objectives for Valmont Industries' stock. Their forecasts range from $153.00 to $153.00. On average, they anticipate Valmont Industries' stock price to reach $153.00 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for Valmont Industries.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Valmont Industries in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Valmont Industries.

Press coverage about VMI stock has trended negative on Saturday, InfoTrie reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Valmont Industries earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Valmont Industries.

Valmont Industries saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 345,900 shares, an increase of 17.0% from the June 30th total of 295,600 shares. Based on an average daily volume of 143,900 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.6% of the shares of the stock are sold short. View Valmont Industries' Current Options Chain.

Some companies that are related to Valmont Industries include Proto Labs (PRLB), Harsco (HSC), Gulf Island Fabrication (GIFI), HC2 (HCHC) and TechPrecision (TPCS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Valmont Industries investors own include Lincoln Electric (LECO), United Technologies (UTX), Bank of America (BAC), The Coca-Cola (KO), Lindsay (LNN), SYSCO (SYY), Waste Management (WM), Walmart (WMT), Exxon Mobil (XOM) and Cisco Systems (Csco).

Valmont Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.01%), BlackRock Inc. (8.82%), Price T Rowe Associates Inc. MD (5.24%), Impax Asset Management Group plc (4.09%), Schroder Investment Management Group (2.68%) and King Luther Capital Management Corp (2.33%). Company insiders that own Valmont Industries stock include Daas Kaj Den, John A Kehoe, Mark C Jaksich and Vanessa Kay Brown. View Institutional Ownership Trends for Valmont Industries.

VMI stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, QV Investors Inc., Retirement Systems of Alabama, Pictet Asset Management Ltd., Vanguard Group Inc., Man Group plc, BlackRock Inc. and California Public Employees Retirement System. Company insiders that have sold Valmont Industries company stock in the last year include Daas Kaj Den, John A Kehoe and Mark C Jaksich. View Insider Buying and Selling for Valmont Industries.

VMI stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Impax Asset Management Group plc, Nuveen Asset Management LLC, Atria Investments LLC, KBC Group NV, Fiduciary Management Inc. WI, Amundi Pioneer Asset Management Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Valmont Industries.

Shares of VMI 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, Scottrade, Fidelity and Charles Schwab.

One share of VMI stock can currently be purchased for approximately $131.56.

Valmont Industries has a market capitalization of $2.85 billion and generates $2.76 billion in revenue each year. The industrial products company earns $94.35 million in net income (profit) each year or $7.58 on an earnings per share basis. Valmont Industries employs 10,328 workers across the globe.View Additional Information About Valmont Industries.

The official website for Valmont Industries is http://www.valmont.com/.

Valmont Industries' mailing address is ONE VALMONT PLAZA, OMAHA NE, 68154. The industrial products company can be reached via phone at 402-963-1000 or via email at [email protected]