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, December 3rd. Investors of record on Friday, December 28th will be paid a dividend of $0.375 per share on Tuesday, January 15th. This represents a $1.50 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Thursday, December 27th. View Valmont Industries' Dividend History.

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

Valmont Industries, Inc. (NYSE:VMI) released its earnings results on Tuesday, October, 23rd. The industrial products company reported $1.82 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.78 by $0.04. The industrial products company earned $678.63 million during the quarter, compared to analysts' expectations of $677.34 million. Valmont Industries had a return on equity of 14.39% and a net margin of 2.63%. The firm's revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.56 earnings per share. 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 EPS 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 brokerages have issued twelve-month target prices for Valmont Industries' stock. Their forecasts 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 46.4% 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.

Press coverage about VMI stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Valmont Industries earned a news impact score of 2.0 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the company's share price in the next few days.

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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (8.75%), Vanguard Group Inc. (8.75%), BlackRock Inc. (8.63%), Neuberger Berman Group LLC (6.08%), Pictet Asset Management Ltd. (3.57%) and Royce & Associates LP (3.18%). 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, Neuberger Berman Group LLC, Prudential Financial Inc., Pictet Asset Management Ltd., Robecosam AG, AQR Capital Management LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Valmont Industries.

VMI stock was acquired by a variety of institutional investors in the last quarter, including King Luther Capital Management Corp, Cambiar Investors LLC, Janus Henderson Group PLC, First Trust Advisors LP, Vanguard Group Inc, Vanguard Group Inc., Rice Hall James & Associates LLC and Royce & Associates LP. 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 $112.72.

Valmont Industries has a market capitalization of $2.52 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]