Atkore (NYSE:ATKR – Get Free Report) issued an update on its third quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.250-1.750 for the period, compared to the consensus estimate of 1.620. The company issued revenue guidance of $715.0 million-$745.0 million, compared to the consensus revenue estimate of $749.2 million.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on ATKR shares. Citigroup lowered their price objective on Atkore from $78.00 to $66.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. KeyCorp lowered their price target on Atkore from $80.00 to $70.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada increased their price objective on Atkore from $64.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Tuesday, April 22nd. Finally, Loop Capital downgraded shares of Atkore from a “buy” rating to a “hold” rating and reduced their target price for the company from $115.00 to $65.00 in a research note on Monday, February 10th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $75.00.
View Our Latest Research Report on ATKR
Atkore Trading Down 1.7 %
Atkore (NYSE:ATKR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.52. The firm had revenue of $701.73 million during the quarter, compared to analysts’ expectations of $690.83 million. Atkore had a return on equity of 25.69% and a net margin of 12.42%. The company’s quarterly revenue was down 11.5% compared to the same quarter last year. During the same period in the previous year, the business posted $4.08 EPS. Equities research analysts forecast that Atkore will post 5.79 EPS for the current fiscal year.
Atkore Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Friday, May 16th. This is a positive change from Atkore’s previous quarterly dividend of $0.32. Atkore’s payout ratio is currently 12.78%.
Insider Activity at Atkore
In other Atkore news, insider Mark F. Lamps sold 500 shares of Atkore stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $65.00, for a total transaction of $32,500.00. Following the transaction, the insider now directly owns 33,760 shares in the company, valued at approximately $2,194,400. The trade was a 1.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.99% of the stock is currently owned by corporate insiders.
About Atkore
Atkore Inc engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, such as metal framing, mechanical pipe, perimeter security, and cable management.
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