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 yield of 1.13%. The ex-dividend date is Thursday, March 28th. View Valmont Industries' Dividend History.

Valmont Industries announced that its board has initiated a share buyback program on Wednesday, October 31st 2018, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

Valmont Industries, Inc. (NYSE:VMI) issued its earnings results 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 had revenue of $692.10 million for the quarter, compared to the consensus estimate of $683.66 million. Valmont Industries had a return on equity of 14.67% and a net margin of 3.33%. Valmont Industries's revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.87 EPS. 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 updated 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 EPS 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 1-year target prices for Valmont Industries' stock. Their predictions range from $153.00 to $153.00. On average, they anticipate Valmont Industries' stock price to reach $153.00 in the next twelve months. This suggests a possible upside of 15.0% 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 stories about VMI stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing 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 1.5 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

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), United Technologies (UTX), Waste Management (WM), Caterpillar (CAT), The Coca-Cola (KO), Lindsay (LNN), Exxon Mobil (XOM), Cisco Systems (Csco), Micron Technology (MU) and NVIDIA (NVDA).

Valmont Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BTIM Corp. (0.69%), QV Investors Inc. (0.63%), Retirement Systems of Alabama (0.29%), Speece Thorson Capital Group Inc. (0.20%), Pioneer Trust Bank N A OR (0.12%) and F&V Capital Management LLC (0.08%). 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 Speece Thorson Capital Group Inc., Pioneer Trust Bank N A OR, Retirement Systems of Alabama and Foundry Partners LLC. View Insider Buying and Selling for Valmont Industries.

VMI stock was bought by a variety of institutional investors in the last quarter, including QV Investors Inc., BTIM Corp., Virtu Financial LLC, Oakbrook Investments LLC, BNP Paribas Arbitrage SA and F&V 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 $133.06.

Valmont Industries has a market capitalization of $2.92 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]