AZZ Inc. (AZZ) To Go Ex-Dividend on October 19th

AZZ Inc. (NYSE:AZZ – Get Free Report) announced a quarterly dividend on Thursday, October 8th. Stockholders of record on Monday, October 19th will be given a dividend of $0.24 per share by the industrial products company on Thursday, November 5th. This represents a $0.96 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, October 19th.

AZZ has a payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings. Analysts expect AZZ to earn $7.63 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 12.6%.

AZZ Price Performance

NYSE:AZZ traded down $1.29 during midday trading on Friday, hitting $129.30. The company had a trading volume of 326,146 shares, compared to its average volume of 289,242. AZZ has a 52-week low of $94.61 and a 52-week high of $162.20. The stock’s fifty day moving average price is $139.03 and its 200-day moving average price is $142.04. The company has a market capitalization of $3.87 billion, a PE ratio of 23.30 and a beta of 1.13. The company has a quick ratio of 1.39, a current ratio of 1.79 and a debt-to-equity ratio of 0.33.

AZZ (NYSE:AZZ – Get Free Report) last released its quarterly earnings results on Tuesday, October 13th. The industrial products company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.12. AZZ had a return on equity of 14.85% and a net margin of 9.59%. The business had revenue of $486.89 million for the quarter, compared to the consensus estimate of $467.14 million. During the same quarter last year, the business posted $1.55 earnings per share. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. AZZ has set its FY 2027 guidance at 7.000-7.300 EPS. As a group, research analysts expect that AZZ will post 7.11 earnings per share for the current year.

Key AZZ News

Here are the key news stories impacting AZZ this week:

  • Positive Sentiment: AZZ reported record quarterly sales of $486.9 million, up 16.7% year over year, while EPS of $2.00 exceeded the $1.82 analyst consensus. Management also raised fiscal 2027 EPS guidance to $7.00–$7.30, supporting the company’s growth outlook. AZZ Analysts Boost Their Forecasts After Upbeat Q2 Results
  • Positive Sentiment: Noble Financial raised its AZZ EPS forecasts for fiscal 2027 through fiscal 2031. The firm now expects $7.15 for fiscal 2027, $7.67 for fiscal 2028, $8.00 for fiscal 2029, $8.34 for fiscal 2030 and $8.70 for fiscal 2031, indicating confidence in longer-term earnings growth.
  • Positive Sentiment: Wells Fargo increased its price target to $145 from $144, implying meaningful potential upside from the referenced trading level, although it retained an “equal weight” rating.
  • Neutral Sentiment: Barclays initiated coverage with an “equal weight” rating and a $140 price target, while Robert W. Baird maintained a “neutral” rating despite reducing its target to $150 from $155. The ratings suggest analysts see upside but remain cautious about valuation and execution. AZZ Lifts Guidance Following Record Sales
  • Negative Sentiment: Noble Financial trimmed its fiscal 2027 third- and fourth-quarter EPS estimates to $1.75 and $1.55, respectively. These modest near-term reductions may be weighing on the stock even though full-year and longer-range estimates increased.
  • Negative Sentiment: The market’s reaction has remained subdued after the earnings beat, reflecting concerns that the strong results and raised guidance may already be reflected in AZZ’s valuation. The shares also remain below their 50-day and 200-day moving averages, adding technical pressure.

About AZZ

(Get Free Report)

AZZ Inc is a provider of metal coating solutions serving customers primarily in North America. The company operates through its Metal Coatings and Precoat Metals segments, helping protect and enhance the performance, appearance, and durability of steel and other metal products used across a range of industries.

Through its Metal Coatings segment, AZZ provides hot-dip galvanizing, powder coating, anodizing, plating, and related coating services. These treatments are used for corrosion protection and finishing applications involving infrastructure, construction, industrial, transportation, and other metal products.

Precoat Metals provides coil coating services for steel and aluminum products before they are fabricated.

See Also

Dividend History for AZZ (NYSE:AZZ)

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