Q3 EPS Forecast for Apogee Enterprises Boosted by Analyst

Apogee Enterprises, Inc. (NASDAQ:APOG) – Equities researchers at Sidoti boosted their Q3 2027 earnings per share estimates for Apogee Enterprises in a report released on Friday, May 29th. Sidoti analyst J. Romero now anticipates that the industrial products company will earn $0.92 per share 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’ Q4 2027 earnings at $1.01 EPS, FY2027 earnings at $2.77 EPS, Q1 2028 earnings at $0.69 EPS, Q4 2028 earnings at $0.97 EPS and FY2028 earnings at $3.70 EPS.

Several other research firms have also recently weighed in on APOG. Weiss Ratings reissued a “sell (d+)” rating on shares of Apogee Enterprises in a research report on Monday, April 20th. Zacks Research cut Apogee Enterprises from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $70.50.

Apogee Enterprises Price Performance

Shares of Apogee Enterprises stock opened at $38.41 on Monday. The stock has a market capitalization of $820.05 million, a P/E ratio of 15.24, a PEG ratio of 1.11 and a beta of 1.18. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average price of $35.11 and a two-hundred day moving average price of $36.65. Apogee Enterprises has a 12-month low of $30.75 and a 12-month high of $49.99.

Apogee Enterprises (NASDAQ:APOG) last announced its earnings results on Friday, April 24th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The firm had revenue of $351.35 million during the quarter, compared to analysts’ expectations of $335.98 million. Apogee Enterprises had a return on equity of 14.89% and a net margin of 3.85%.The company’s revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.89 earnings per share. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS.

Apogee Enterprises Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Wednesday, May 13th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Wednesday, May 13th. Apogee Enterprises’s dividend payout ratio is currently 42.86%.

Institutional Investors Weigh In On Apogee Enterprises

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE lifted its position in Apogee Enterprises by 7.6% in the first quarter. Bank of America Corp DE now owns 33,554 shares of the industrial products company’s stock worth $1,125,000 after purchasing an additional 2,365 shares during the period. Quantinno Capital Management LP lifted its position in Apogee Enterprises by 126.1% in the first quarter. Quantinno Capital Management LP now owns 26,519 shares of the industrial products company’s stock worth $889,000 after purchasing an additional 14,788 shares during the period. Lazard Asset Management LLC lifted its position in Apogee Enterprises by 7.3% in the first quarter. Lazard Asset Management LLC now owns 80,207 shares of the industrial products company’s stock worth $2,690,000 after purchasing an additional 5,463 shares during the period. Entropy Technologies LP lifted its position in Apogee Enterprises by 44.4% in the first quarter. Entropy Technologies LP now owns 11,264 shares of the industrial products company’s stock worth $378,000 after purchasing an additional 3,464 shares during the period. Finally, Renaissance Technologies LLC lifted its position in Apogee Enterprises by 11.7% in the first quarter. Renaissance Technologies LLC now owns 190,517 shares of the industrial products company’s stock worth $6,390,000 after purchasing an additional 19,934 shares during the period. 94.05% of the stock is owned by institutional investors.

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.