Valmont Industries (VMI) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Valmont Industries in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VMI shares.
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3 Wall Street research analysts have issued 1 year price objectives for Valmont Industries' stock. Their VMI share price targets range from $249.00 to $275.00. On average, they expect the company's share price to reach $262.00 in the next year. This suggests a possible upside of 24.9% from the stock's current price.
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Valmont Industries' stock was trading at $233.51 at the beginning of 2024. Since then, VMI stock has decreased by 10.2% and is now trading at $209.72.
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Valmont Industries saw a increase in short interest in March. As of March 15th, there was short interest totaling 494,300 shares, an increase of 27.1% from the February 29th total of 388,900 shares. Based on an average trading volume of 158,600 shares, the short-interest ratio is currently 3.1 days. Approximately 2.5% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our VMI earnings forecast.

Valmont Industries will be holding an earnings conference call on Thursday, May 2nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13742903".

Valmont Industries, Inc. (NYSE:VMI) issued its quarterly earnings results on Wednesday, February, 21st. The industrial products company reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.10. The industrial products company had revenue of $1,000 million for the quarter, compared to analysts' expectations of $1.04 billion. Valmont Industries had a trailing twelve-month return on equity of 20.69% and a net margin of 3.44%. Valmont Industries's quarterly revenue was down 11.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.46 EPS.

Valmont Industries announced a quarterly dividend on Monday, February 26th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.60 per share on Monday, April 15th. This represents a $2.40 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for VMI.

Valmont Industries (NYSE:VMI) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.14%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VMI will have a dividend payout ratio of 14.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VMI.

ETFs with the largest weight of Valmont Industries (NYSE:VMI) stock in their portfolio include Gabelli Love Our Planet & People ETF (LOPP), ProShares S&P Kensho Cleantech ETF (CTEX), Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust Water ETF (FIW), Invesco Water Resources ETF (PHO), SPDR S&P Kensho Clean Power ETF (CNRG), SoFi Smart Energy ETF (SHFT) and SoFi Smart Energy ETF (ENRG).

Valmont Industries issued an update on its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of 14.250-15.500 for the period, compared to the consensus EPS estimate of 15.280. The company issued revenue guidance of $4.0 billion-$4.2 billion, compared to the consensus revenue estimate of $4.3 billion.

49 employees have rated Valmont Industries Chief Executive Officer Stephen Kaniewski on Glassdoor.com. Stephen Kaniewski has an approval rating of 81% among the company's employees.

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

Valmont Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.80%), Congress Asset Management Co. MA (0.72%), Congress Wealth Management LLC DE (0.14%), F&V Capital Management LLC (0.10%), Richard P Slaughter Associates Inc (0.05%) and State of Michigan Retirement System (0.03%). Insiders that own company stock include Aaron M Schapper, Daas Kaj Den, Stephen G Kaniewski, Theodor Werner Freye, Thomas Mitchell Parnell and Timothy P Francis.
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Shares of VMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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