
Apogee Enterprises, Inc. (NASDAQ:APOG – Free Report) – Research analysts at Sidoti lifted their Q2 2028 earnings estimates for shares of Apogee Enterprises in a research note issued to investors on Friday, May 29th. Sidoti analyst J. Romero now expects that the industrial products company will post earnings per share of $0.92 for the quarter, up from their prior forecast of $0.89. The consensus estimate for Apogee Enterprises’ current full-year earnings is $2.88 per share. Sidoti also issued estimates for Apogee Enterprises’ Q3 2028 earnings at $1.12 EPS.
APOG has been the subject of a number of other research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Apogee Enterprises in a report on Monday, April 20th. Zacks Research downgraded shares of Apogee Enterprises from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $70.50.
Apogee Enterprises Trading Up 0.2%
Shares of APOG opened at $38.47 on Tuesday. Apogee Enterprises has a 1-year low of $30.75 and a 1-year high of $49.99. The company has a 50-day moving average of $35.23 and a 200 day moving average of $36.68. The firm has a market capitalization of $821.33 million, a price-to-earnings ratio of 15.27, a PEG ratio of 1.11 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.65 and a quick ratio of 1.28.
Apogee Enterprises (NASDAQ:APOG – Get Free Report) last announced its quarterly earnings data on Friday, April 24th. The industrial products company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. Apogee Enterprises had a net margin of 3.85% and a return on equity of 14.89%. The company had revenue of $351.35 million during the quarter, compared to analyst estimates of $335.98 million. During the same quarter last year, the business posted $0.89 EPS. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS.
Apogee Enterprises Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Wednesday, May 13th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.08 dividend on an annualized basis and a yield of 2.8%. Apogee Enterprises’s dividend payout ratio (DPR) is 42.86%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Apogee Enterprises by 6.8% in the 4th quarter. Vanguard Group Inc. now owns 2,627,223 shares of the industrial products company’s stock worth $95,657,000 after buying an additional 166,402 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Apogee Enterprises by 7.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,063,485 shares of the industrial products company’s stock worth $35,668,000 after buying an additional 78,200 shares during the last quarter. Segall Bryant & Hamill LLC grew its position in shares of Apogee Enterprises by 3.4% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 957,102 shares of the industrial products company’s stock worth $41,701,000 after buying an additional 31,461 shares during the last quarter. Deprince Race & Zollo Inc. grew its position in shares of Apogee Enterprises by 70.3% in the 4th quarter. Deprince Race & Zollo Inc. now owns 852,351 shares of the industrial products company’s stock worth $31,034,000 after buying an additional 351,923 shares during the last quarter. Finally, State Street Corp grew its position in shares of Apogee Enterprises by 1.8% in the 4th quarter. State Street Corp now owns 833,781 shares of the industrial products company’s stock worth $30,358,000 after buying an additional 14,673 shares during the last quarter. Hedge funds and other institutional investors own 94.05% of the company’s stock.
About Apogee Enterprises
Apogee Enterprises, Inc is a diversified manufacturer and distributor of value-added architectural products and services. The company specializes in the design, fabrication and installation of high-performance glass, framing systems, curtain walls, skylights and other building envelope solutions. Its operations span three primary platforms—Architectural Framing Systems, Architectural Glass and Architectural Services—enabling Apogee to deliver complete, integrated façade systems for new construction, renovation and retrofit projects.
Headquartered in Minneapolis, Minnesota, Apogee traces its roots to the mid-20th century and today serves commercial, institutional and residential markets across North America and Europe.
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