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 declared a quarterly dividend on Monday, March 4th. Shareholders of record on Friday, March 29th will be given 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 1.11%. The ex-dividend date is Thursday, March 28th. View Valmont Industries' Dividend History.

Valmont Industries declared that its Board of Directors has initiated a stock buyback program on Wednesday, October 31st 2018, which permits the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.

Valmont Industries, Inc. (NYSE:VMI) announced its quarterly earnings data on Thursday, February, 21st. The industrial products company reported $1.87 earnings per share for the quarter, missing analysts' consensus estimates of $1.90 by $0.03. The industrial products company earned $697.40 million during the quarter, compared to the consensus estimate of $713.02 million. Valmont Industries had a return on equity of 14.72% and a net margin of 3.42%. Valmont Industries's quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.67 earnings per share. View Valmont Industries' Earnings History.

Valmont Industries is scheduled to release their next quarterly earnings announcement on Wednesday, April 17th 2019. View Earnings Estimates for Valmont Industries.

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

Valmont Industries updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $8.10-8.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.56. The company issued revenue guidance of 7-8% (~$2.95-2.98 billion), compared to the consensus revenue estimate of $2.90 billion.

2 Wall Street analysts have issued twelve-month price objectives for Valmont Industries' shares. Their forecasts range from $145.00 to $185.00. On average, they expect Valmont Industries' stock price to reach $165.00 in the next twelve months. This suggests a possible upside of 22.6% 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Valmont Industries.

News headlines about VMI stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Valmont Industries earned a coverage optimism score of 1.1 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Valmont Industries include Zebra Technologies (ZBRA), IDEX (IEX), TORAY INDUSTRIE/ADR (TRYIY), Avery Dennison (AVY), Melrose Industries (MRO), Packaging Corp Of America (PKG), A. O. Smith (AOS), Allegion (ALLE), Norsk Hydro ASA (NHYDY), Halma (HLMAF), Graco (GGG), James Hardie Industries (JHX), AB SKF (SKFRY), ASAHI GLASS/ADR (ASGLY) and CAE (CAE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Valmont Industries investors own include Lincoln Electric (LECO), Lindsay (LNN), Waste Management (WM), Walmart (WMT), SYSCO (SYY), United Technologies (UTX), Exxon Mobil (XOM), Sherwin-Williams (SHW), Ecolab (ECL) and Raytheon (RTN).

Valmont Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.68%), Impax Asset Management Group plc (3.03%), Royce & Associates LP (2.76%), Dimensional Fund Advisors LP (2.69%), King Luther Capital Management Corp (2.31%) and Bank of New York Mellon Corp (1.32%). 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 Royce & Associates LP, Bank of America Corp DE, Gotham Asset Management LLC, KBC Group NV, QV Investors Inc., First Trust Advisors LP, Prudential Financial Inc. and Shufro Rose & Co. LLC. View Insider Buying and Selling for Valmont Industries.

VMI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Ceredex Value Advisors LLC, King Luther Capital Management Corp, Amundi Pioneer Asset Management Inc., Millennium Management LLC, Robecosam AG, Two Sigma Investments LP and Bank of New York Mellon Corp. 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 $134.5550.

Valmont Industries has a market capitalization of $2.95 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 10,690 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]