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 announced a quarterly dividend on Monday, March 4th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.375 per share on Monday, April 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, March 28th. View Valmont Industries' Dividend History.

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

Valmont Industries, Inc. (NYSE:VMI) issued its quarterly earnings data on Tuesday, April, 23rd. The industrial products company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.17. The industrial products company earned $692.10 million during the quarter, compared to analyst estimates of $683.66 million. Valmont Industries had a return on equity of 14.70% and a net margin of 3.33%. The firm's revenue was down .9% compared to the same quarter last year. During the same period last year, the company earned $1.87 earnings per share. View Valmont Industries' Earnings History.

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

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

Valmont Industries issued an update on its FY19 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of $8.30-8.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.47. The company issued revenue guidance of $2.92 billion, compared to the consensus revenue estimate of prior $8.10-8.90.

2 brokers have issued 12 month price targets for Valmont Industries' stock. Their forecasts range from $153.00 to $153.00. On average, they anticipate Valmont Industries' share price to reach $153.00 in the next year. This suggests a possible upside of 26.9% 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.

Headlines about VMI stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Valmont Industries earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

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), Lindsay (LNN), United Technologies (UTX), Waste Management (WM), Cisco Systems (Csco), Bank of America (BAC), The Coca-Cola (KO), SYSCO (SYY), Walmart (WMT) and Exxon Mobil (XOM).

Valmont Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.82%), Neuberger Berman Group LLC (5.09%), Dimensional Fund Advisors LP (2.74%), Pictet Asset Management Ltd. (2.46%), Royce & Associates LP (2.36%) and King Luther Capital Management Corp (2.31%). Company insiders that own Valmont Industries stock include John A Kehoe 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 Neuberger Berman Group LLC, Pictet Asset Management Ltd., Royce & Associates LP, Speece Thorson Capital Group Inc., Dean Investment Associates LLC, Zurcher Kantonalbank Zurich Cantonalbank, Pioneer Trust Bank N A OR and King Luther Capital Management Corp. View Insider Buying and Selling for Valmont Industries.

VMI stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Amundi Pioneer Asset Management Inc., QV Investors Inc., BTIM Corp., Man Group plc, Kennedy Capital Management Inc., State of Wisconsin Investment Board and Hotchkis & Wiley Capital Management 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 $120.61.

Valmont Industries has a market capitalization of $2.64 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.

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]