Argan (AGX) to Release Earnings on Thursday

Argan (NYSE:AGX) is expected to be posting its Q1 2027 results after the market closes on Thursday, June 4th. Analysts expect Argan to post earnings of $2.27 per share and revenue of $256.0270 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2027 earning overview page for the latest details on the call scheduled for Thursday, June 4, 2026 at 5:00 PM ET.

Argan (NYSE:AGX) last posted its earnings results on Thursday, March 26th. The construction company reported $3.47 earnings per share for the quarter, topping the consensus estimate of $1.99 by $1.48. The firm had revenue of $262.05 million during the quarter, compared to analyst estimates of $255.32 million. Argan had a return on equity of 33.62% and a net margin of 14.59%.The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the previous year, the company earned $2.22 EPS. On average, analysts expect Argan to post $11 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Argan Stock Up 0.6%

Shares of NYSE AGX opened at $674.41 on Thursday. The business’s 50 day moving average is $606.68 and its two-hundred day moving average is $452.72. The company has a market cap of $9.41 billion, a P/E ratio of 69.24 and a beta of 0.61. Argan has a 12 month low of $193.82 and a 12 month high of $748.50.

Argan Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 22nd were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, April 22nd. Argan’s payout ratio is currently 20.53%.

Argan declared that its Board of Directors has approved a stock buyback program on Wednesday, April 8th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 2.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts have commented on AGX shares. Wall Street Zen raised Argan from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. JPMorgan Chase & Co. raised Argan from a “neutral” rating to an “overweight” rating and set a $550.00 price target on the stock in a research report on Friday, March 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Argan in a research report on Monday, April 6th. The Goldman Sachs Group lifted their price target on Argan from $399.00 to $518.00 and gave the stock a “buy” rating in a research report on Friday, March 27th. Finally, Zacks Research raised Argan from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $425.40.

Insider Buying and Selling at Argan

In other news, CEO Charles Edwin Iv Collins sold 11,068 shares of the business’s stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $621.61, for a total transaction of $6,879,979.48. Following the sale, the chief executive officer directly owned 30,320 shares in the company, valued at approximately $18,847,215.20. The trade was a 26.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Alexander Lisa Larroque sold 350 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $630.58, for a total value of $220,703.00. Following the sale, the director owned 350 shares in the company, valued at approximately $220,703. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 64,543 shares of company stock valued at $39,054,956 in the last quarter. 6.69% of the stock is currently owned by corporate insiders.

Institutional Trading of Argan

A number of institutional investors and hedge funds have recently modified their holdings of AGX. Danske Bank A S acquired a new stake in Argan in the 3rd quarter valued at $27,000. National Bank of Canada FI boosted its stake in Argan by 26.7% in the 3rd quarter. National Bank of Canada FI now owns 147 shares of the construction company’s stock valued at $40,000 after buying an additional 31 shares in the last quarter. Palisade Asset Management LLC acquired a new stake in Argan in the 3rd quarter valued at $41,000. Greenline Wealth Management LLC acquired a new stake in Argan in the 4th quarter valued at $43,000. Finally, Smartleaf Asset Management LLC boosted its stake in Argan by 191.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 210 shares of the construction company’s stock valued at $66,000 after buying an additional 138 shares in the last quarter. 79.43% of the stock is currently owned by institutional investors.

Argan Company Profile

Argan, Inc (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.

The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services.