Apogee Enterprises (NASDAQ:APOG) Releases FY 2026 Earnings Guidance
by Tristan Rich · The Markets DailyApogee Enterprises (NASDAQ:APOG – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.740-7.060 for the period, compared to the consensus earnings per share estimate of 3.430. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $1.4 billion.
Apogee Enterprises Stock Performance
Apogee Enterprises stock traded up $0.12 during trading hours on Thursday, hitting $35.59. The company had a trading volume of 146,129 shares, compared to its average volume of 207,392. The firm has a market cap of $765.54 million, a PE ratio of 19.24, a PEG ratio of 0.97 and a beta of 1.12. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.90 and a quick ratio of 1.45. Apogee Enterprises has a one year low of $30.75 and a one year high of $49.99. The firm has a 50-day moving average of $35.86 and a 200 day moving average of $37.02.
Apogee Enterprises Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Wednesday, May 13th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, May 13th. Apogee Enterprises’s dividend payout ratio (DPR) is 58.38%.
Analyst Upgrades and Downgrades
APOG has been the topic of a number of recent analyst reports. DA Davidson set a $46.00 target price on shares of Apogee Enterprises in a research report on Friday, January 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Apogee Enterprises in a research report on Monday. Finally, Zacks Research upgraded shares of Apogee Enterprises from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $70.50.
Check Out Our Latest Stock Analysis on APOG
Hedge Funds Weigh In On Apogee Enterprises
Several hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp lifted its holdings in Apogee Enterprises by 1.8% in the fourth quarter. State Street Corp now owns 833,781 shares of the industrial products company’s stock valued at $30,358,000 after buying an additional 14,673 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Apogee Enterprises by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 440,923 shares of the industrial products company’s stock valued at $16,054,000 after purchasing an additional 34,130 shares in the last quarter. Millennium Management LLC increased its stake in Apogee Enterprises by 50.0% in the third quarter. Millennium Management LLC now owns 416,919 shares of the industrial products company’s stock valued at $18,165,000 after purchasing an additional 139,014 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Apogee Enterprises by 40.1% in the fourth quarter. JPMorgan Chase & Co. now owns 382,321 shares of the industrial products company’s stock valued at $13,920,000 after purchasing an additional 109,352 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Apogee Enterprises by 55.5% in the second quarter. Qube Research & Technologies Ltd now owns 243,566 shares of the industrial products company’s stock valued at $9,889,000 after purchasing an additional 86,971 shares in the last quarter. Institutional investors and hedge funds 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.