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

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

Valmont Industries announced a quarterly dividend on Wednesday, December 4th. Stockholders of record on Friday, December 27th will be given a dividend of $0.375 per share on Wednesday, January 15th. This represents a $1.50 annualized dividend and a dividend yield of 0.98%. The ex-dividend date is Thursday, December 26th. View Valmont Industries' Dividend History.

Valmont Industries announced that its Board of Directors has initiated a stock buyback plan on Wednesday, October 31st 2018, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 9.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Valmont Industries, Inc. (NYSE:VMI) announced its quarterly earnings results on Wednesday, October, 23rd. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.30 by $0.45. The industrial products company earned $690.34 million during the quarter, compared to analysts' expectations of $744.84 million. Valmont Industries had a net margin of 4.88% and a return on equity of 15.28%. Valmont Industries's revenue was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $1.82 EPS. View Valmont Industries' Earnings History.

Valmont Industries is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Valmont Industries.

Valmont Industries updated its FY19 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of $7.05-7.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.23. The company issued revenue guidance of $2.78-2.81 billion, compared to the consensus revenue estimate of $2.90 billion.

2 equities research analysts have issued 12 month target prices for Valmont Industries' stock. Their forecasts range from $152.00 to $155.00. On average, they expect Valmont Industries' share price to reach $153.50 in the next twelve months. This suggests a possible upside of 0.2% 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.

Media headlines about VMI stock have been trending negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Valmont Industries earned a daily sentiment score of -2.5 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near term. View News Stories for Valmont Industries.

Valmont Industries saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 205,400 shares, a drop of 7.9% from the December 15th total of 222,900 shares. Based on an average daily trading volume, of 104,100 shares, the short-interest ratio is currently 2.0 days. Approximately 1.0% of the shares of the company are sold short. View Valmont Industries' Current Options Chain.

Some companies that are related to Valmont Industries include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Valmont Industries investors own include QUALCOMM (QCOM), Corning (GLW), Stryker (SYK), SYSCO (SYY), United Technologies (UTX), Lincoln Electric (LECO), Starbucks (SBUX), Boeing (BA), Illinois Tool Works (ITW) and Johnson & Johnson (JNJ).

Valmont Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.50%), Nisa Investment Advisors LLC (0.08%), F&V Capital Management LLC (0.08%), First National Bank of Omaha (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Valmont Industries stock include Daas Kaj Den, John A Kehoe and Mark C Jaksich. View Institutional Ownership Trends for Valmont Industries.

VMI stock was sold by a variety of institutional investors in the last quarter, including First National Bank of Omaha and F&V Capital Management LLC. Company insiders that have sold Valmont Industries company stock in the last year include Daas Kaj Den and Mark C Jaksich. View Insider Buying and Selling for Valmont Industries.

VMI stock was bought by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Nisa Investment Advisors LLC and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

One share of VMI stock can currently be purchased for approximately $153.22.

Valmont Industries has a market capitalization of $3.30 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]