Valmont Industries Stock Forecast, Price & News

3 Wall Street 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 research analysts is that investors should "buy" Valmont Industries stock.
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Valmont Industries saw a drop in short interest in the month of August. As of August 13th, there was short interest totaling 204,000 shares, a drop of 15.8% from the July 29th total of 242,300 shares. Based on an average daily volume of 101,700 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.0% of the company's shares are sold short.
View Valmont Industries' Short Interest.

Valmont Industries is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Valmont Industries.

Valmont Industries, Inc. (NYSE:VMI) posted its quarterly earnings results on Tuesday, July, 20th. The industrial products company reported $3.06 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.50 by $0.56. The industrial products company had revenue of $894.63 million for the quarter, compared to the consensus estimate of $815.05 million. Valmont Industries had a net margin of 6.01% and a trailing twelve-month return on equity of 16.93%. The firm's quarterly revenue was up 29.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.00 earnings per share.
View Valmont Industries' earnings history.

Valmont Industries' stock was trading at $101.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VMI shares have increased by 131.0% and is now trading at $235.15.
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Valmont Industries declared a quarterly dividend on Tuesday, July 27th. Stockholders of record on Friday, September 24th will be paid a dividend of $0.50 per share on Friday, October 15th. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Thursday, September 23rd.
View Valmont Industries' dividend history.

Valmont Industries pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.86%. Valmont Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Valmont Industries is 24.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Valmont Industries will have a dividend payout ratio of 16.34% next year. This indicates that Valmont Industries will be able to sustain or increase its dividend.
View Valmont Industries' dividend history.

Valmont Industries issued an update on its FY 2021 earnings guidance on Wednesday, August, 4th. The company provided earnings per share guidance of $10.400-$11.100 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.890. The company issued revenue guidance of $3.36 billion-$3.45 billion, compared to the consensus revenue estimate of $3.25 billion.

3 brokerages have issued 1 year price objectives for Valmont Industries' stock. Their forecasts range from $235.00 to $350.00. On average, they anticipate Valmont Industries' share price to reach $292.50 in the next year. This suggests a possible upside of 24.4% from the stock's current price.
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49 employees have rated Valmont Industries CEO Stephen Kaniewski on Glassdoor.com. Stephen Kaniewski has an approval rating of 81% among Valmont Industries' employees.

Some companies that are related to Valmont Industries include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Xylem (XYL), Dover (DOV), Ingersoll Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Pentair (PNR), Snap-on (SNA), The Middleby (MIDD), Lincoln Electric (LECO), Rexnord (RXN) and Donaldson (DCI).
View all of VMI's competitors.

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), The Coca-Cola (KO), NVIDIA (NVDA), Johnson & Johnson (JNJ), Medtronic (MDT), Sysco (SYY) and Cisco Systems (CSCO).

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

Valmont Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.22%), BlackRock Inc. (8.16%), FMR LLC (4.86%), Neuberger Berman Group LLC (4.82%), Impax Asset Management Group plc (3.53%) and Invesco Ltd. (3.42%). Company insiders that own Valmont Industries stock include Aaron M Schapper, Clark T Jr Randt, Daas Kaj Den, Mogens C Bay, R Andrew Massey, Stephen G Kaniewski, Thomas Mitchell Parnell and Timothy P Francis.
View institutional ownership trends for Valmont Industries.

VMI stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Bank of New York Mellon Corp, Lazard Asset Management LLC, Boston Trust Walden Corp, Invesco Ltd., BlackRock Inc., Dimensional Fund Advisors LP, and American Century Companies Inc.. Company insiders that have sold Valmont Industries company stock in the last year include Aaron M Schapper, Clark T Jr Randt, Daas Kaj Den, Mogens C Bay, R Andrew Massey, Stephen G Kaniewski, Thomas Mitchell Parnell, and Timothy P Francis.
View insider buying and selling activity for Valmont Industries or view top insider-selling stocks.

VMI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Macquarie Group Ltd., Amundi, Artisan Partners Limited Partnership, Gamco Investors INC. ET AL, Vanguard Group Inc., Morgan Stanley, and Morgan Stanley.
View insider buying and selling activity for Valmont Industries or or view top insider-buying stocks.

Shares of VMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VMI stock can currently be purchased for approximately $235.15.

Valmont Industries has a market capitalization of $4.99 billion and generates $2.90 billion in revenue each year. The industrial products company earns $140.69 million in net income (profit) each year or $8.18 on an earnings per share basis.

Valmont Industries employs 10,844 workers across the globe.

Valmont Industries was founded in 1946.

The official website for Valmont Industries is www.valmont.com.

Valmont Industries is headquartered at ONE VALMONT PLAZA, OMAHA NE, 68154.

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].