Apogee Enterprises Inc. (APOG) Declares Quarterly Dividend of $0.10
Apogee Enterprises (NASDAQ:APOG) declared a quarterly dividend on Wednesday, June 25th, Stock Ratings Network.com reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.10 per share on Wednesday, July 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.18%.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Apogee Enterprises in a research note on Friday, June 6th. They now have a $33.00 price target on the stock. On the ratings front, analysts at DA Davidson upgraded shares of Apogee Enterprises from a “neutral” rating to a “buy” rating in a research note on Monday, May 19th. They now have a $36.00 price target on the stock. Finally, analysts at Goldman Sachs downgraded shares of Apogee Enterprises from a “conviction-buy” rating to a “buy” rating in a research note on Friday, April 11th. They now have a $37.00 price target on the stock, down previously from $43.00. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Apogee Enterprises presently has an average rating of “Hold” and a consensus price target of $34.67.
Apogee Enterprises (NASDAQ:APOG) traded up 7.89% on Wednesday, hitting $34.03. The stock had a trading volume of 769,426 shares. Apogee Enterprises has a one year low of $22.50 and a one year high of $37.73. The stock has a 50-day moving average of $30.48 and a 200-day moving average of $32.91. The company has a market cap of $985.4 million and a price-to-earnings ratio of 33.20.
Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings data on Tuesday, June 24th. The company reported $0.21 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.04. The company had revenue of $210.90 million for the quarter, compared to the consensus estimate of $210.64 million. During the same quarter last year, the company posted $0.14 earnings per share. On average, analysts predict that Apogee Enterprises will post $1.43 earnings per share for the current fiscal year.
Apogee Enterprises, Inc (NASDAQ:APOG) is involved in the design and development of value-added glass products, services and systems.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.