Valmont Industries (NYSE:VMI) Announces Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Valmont Industries (NYSE:VMI) announced its earnings results on Tuesday. The industrial products company reported $3.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.63 by $0.21, RTT News reports. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.01 billion. Valmont Industries had a return on equity of 23.42% and a net margin of 8.55%. During the same period last year, the company earned $3.18 EPS. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.

Valmont Industries Stock Performance

Shares of VMI opened at $366.88 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.35 and a quick ratio of 1.55. The stock has a 50-day moving average of $323.00 and a 200-day moving average of $311.36. The company has a market cap of $7.35 billion, a PE ratio of 21.36 and a beta of 1.05. Valmont Industries has a one year low of $202.01 and a one year high of $379.22.

Valmont Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be issued a dividend of $0.68 per share. This is an increase from Valmont Industries’s previous quarterly dividend of $0.60. This represents a $2.72 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Friday, March 28th. Valmont Industries’s dividend payout ratio (DPR) is presently 13.97%.

Insider Activity

In other news, Director Mogens C. Bay sold 20,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $348.92, for a total value of $6,978,400.00. Following the completion of the sale, the director now directly owns 131,730 shares in the company, valued at $45,963,231.60. This trade represents a 13.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 2.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on VMI shares. StockNews.com lowered Valmont Industries from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Stifel Nicolaus increased their price target on Valmont Industries from $387.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, DA Davidson downgraded Valmont Industries from a “buy” rating to a “neutral” rating and set a $380.00 price target for the company. in a report on Wednesday.

Valmont Industries Company Profile

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.