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. Shareholders 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 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Thursday, December 26th. View Valmont Industries' Dividend History.

Valmont Industries announced that its board has approved a stock buyback 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 repurchase up to 9.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership 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 EPS for the quarter, missing the Thomson Reuters' 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 5.56% and a return on equity of 14.71%. The firm's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.82 EPS. View Valmont Industries' Earnings History.

Valmont Industries is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Valmont Industries.

Valmont Industries issued an update on its FY20 earnings guidance on Wednesday, February, 19th. The company provided earnings per share (EPS) guidance of $7.30-8.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.77. The company issued revenue guidance of +4-7% (~$2.88-2.96 billion), compared to the consensus revenue estimate of $2.95 billion.

2 analysts have issued 12 month target prices for Valmont Industries' stock. Their forecasts range from $145.00 to $152.00. On average, they anticipate Valmont Industries' share price to reach $148.50 in the next year. This suggests a possible upside of 10.7% 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.

News headlines about VMI stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press 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 five, with scores closest to five being the most favorable. Valmont Industries earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Valmont Industries.

Valmont Industries saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 189,500 shares, a drop of 7.7% from the January 15th total of 205,400 shares. Based on an average daily trading volume, of 106,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.9% of the shares of the stock 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), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), 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), The Coca-Cola (KO), Medtronic (MDT), Stryker (SYK), SYSCO (SYY), United Technologies (UTX), Lincoln Electric (LECO) and Netflix (NFLX).

Valmont Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Schroder Investment Management Group (2.63%), Cramer Rosenthal Mcglynn LLC (2.60%), State Street Corp (2.41%), Pictet Asset Management Ltd. (2.39%), King Luther Capital Management Corp (2.34%) and Thrivent Financial for Lutherans (2.29%). 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 Russell Investments Group Ltd., Ceredex Value Advisors LLC, KBC Group NV, FMR LLC, Barclays PLC, State Street Corp, Bank of America Corp DE and Cubist Systematic Strategies 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 Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Man Group plc, Orion Portfolio Solutions LLC, Bank of Montreal Can, Amundi Pioneer Asset Management Inc., AQR Capital Management LLC and Bridges Investment Management Inc.. 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 $134.15.

Valmont Industries has a market capitalization of $2.89 billion and generates $2.77 billion in revenue each year. The industrial products company earns $94.35 million in net income (profit) each year or $7.06 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]