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 declared 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 1.01%. The ex-dividend date is Thursday, December 26th. View Valmont Industries' Dividend History.

Valmont Industries declared that its board has authorized a stock buyback program 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 programs are usually a sign that the company's leadership believes its stock is undervalued.

Valmont Industries, Inc. (NYSE:VMI) posted its earnings results on Wednesday, October, 23rd. The industrial products company reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by $0.45. The industrial products company earned $690.34 million during the quarter, compared to analyst estimates 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 for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the firm posted $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.

2 Wall Street analysts have issued twelve-month target prices for Valmont Industries' shares. Their forecasts range from $152.00 to $155.00. On average, they anticipate Valmont Industries' stock price to reach $153.50 in the next year. This suggests a possible upside of 2.9% 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 coverage about VMI stock has been trending somewhat positive this week, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Valmont Industries earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the near term. View News Stories for Valmont Industries.

Valmont Industries saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 205,400 shares, a decrease of 7.9% from the December 31st total of 222,900 shares. Based on an average daily volume of 103,100 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' 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 Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Valmont Industries investors own include QUALCOMM (QCOM), Enterprise Products Partners (EPD), Corning (GLW), Stryker (SYK), SYSCO (SYY), United Technologies (UTX), Lincoln Electric (LECO), Netflix (NFLX), Starbucks (SBUX) and AbbVie (ABBV).

Valmont Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.50%), California Public Employees Retirement System (0.24%), New York State Teachers Retirement System (0.16%), Retirement Systems of Alabama (0.13%), SG Americas Securities LLC (0.12%) and Zurcher Kantonalbank Zurich Cantonalbank (0.09%). 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 Pioneer Trust Bank N A OR, California Public Employees Retirement System, Shufro Rose & Co. LLC, Arizona State Retirement System, First National Bank of Omaha, Janney Montgomery Scott LLC, Dupont Capital Management Corp and CWM Advisors 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 purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Zurcher Kantonalbank Zurich Cantonalbank, Boston Trust Walden Corp, Strs Ohio, New York State Teachers Retirement System, 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 $149.20.

Valmont Industries has a market capitalization of $3.21 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]