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 Tuesday, September 4th. Stockholders of record on Friday, September 28th will be given a dividend of $0.375 per share on Monday, October 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Thursday, September 27th. View Valmont Industries' Dividend History.

Valmont Industries announced that its board has approved a share buyback plan on Wednesday, October 31st 2018, which permits the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 9.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Valmont Industries, Inc. (NYSE:VMI) issued its quarterly earnings results on Tuesday, October, 23rd. The industrial products company reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.78 by $0.04. The industrial products company earned $678.63 million during the quarter, compared to the consensus estimate of $677.34 million. Valmont Industries had a return on equity of 14.39% and a net margin of 2.63%. Valmont Industries's quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the business earned $1.56 EPS. View Valmont Industries' Earnings History.

Valmont Industries is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Valmont Industries.

Valmont Industries issued an update on its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $7.50-7.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.58. The company issued revenue guidance of $2.79 billion, compared to the consensus revenue estimate of prior $7.55-7.65.

3 Wall Street analysts have issued 1 year price targets for Valmont Industries' shares. Their predictions range from $145.00 to $185.00. On average, they expect Valmont Industries' share price to reach $165.00 in the next twelve months. This suggests a possible upside of 26.9% from the stock's current price. View Analyst Price Targets for Valmont Industries.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Valmont Industries in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Valmont Industries.

Media headlines about VMI stock have trended somewhat positive on Monday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing 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 nearest to five being the most favorable. Valmont Industries earned a news impact score of 1.3 on InfoTrie's scale. They also assigned news stories 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 stock's share price in the near future.

Some companies that are related to Valmont Industries include Proto Labs (PRLB), Harsco (HSC), HC2 (HCHC), Gulf Island Fabrication (GIFI) and TechPrecision (TPCS).

Valmont Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.63%), Janus Henderson Group PLC (1.33%), Bank of New York Mellon Corp (1.24%), FMR LLC (1.00%), BTIM Corp. (0.58%) and QV Investors Inc. (0.51%). Company insiders that own Valmont Industries stock include Clark T Jr Randt, John A Kehoe, Mogens C Bay 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 Bank of New York Mellon Corp, FMR LLC, Prudential Financial Inc., Robecosam AG, JPMorgan Chase & Co., Speece Thorson Capital Group Inc., QV Investors Inc. and Canada Pension Plan Investment Board. Company insiders that have sold Valmont Industries company stock in the last year include John A Kehoe and Vanessa Kay Brown. View Insider Buying and Selling for Valmont Industries.

VMI stock was acquired by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, Janus Henderson Group PLC, First Trust Advisors LP, Rice Hall James & Associates LLC, Campbell & CO Investment Adviser LLC, Crawford Investment Counsel Inc., ING Groep NV and Commonwealth Bank of Australia. 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 $130.05.

Valmont Industries has a market capitalization of $2.95 billion and generates $2.75 billion in revenue each year. The industrial products company earns $116.24 million in net income (profit) each year or $6.97 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]