In today’s recent session, 0.87 million shares of the Apollo Global Management Inc (NYSE:APO) have been traded, and its beta is 1.67. Most recently the company’s share price was $128.68, and it changed around $3.16 or 2.52% from the last close, which brings the market valuation of the company to $73.41B. APO at last check was trading at a discount to its 52-week high of $189.49, offering almost -47.26% off that amount. The share price’s 52-week low was $95.11, which indicates that the recent value has risen by an impressive 26.09% since then. We note from Apollo Global Management Inc’s average daily trading volume that its 10-day average is 8.05 million shares, with the 3-month average coming to 4.37 million.
Apollo Global Management Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.55. If we narrow it down even further, the data shows that 0 out of 20 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 5 recommended APO as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. Apollo Global Management Inc is expected to report earnings per share of 1.86 for the current quarter.
Apollo Global Management Inc (NYSE:APO) trade information
Instantly APO has been showing a green trend so far today with a performance of 2.52% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 130.95 on recent trading dayincreased the stock’s daily price by 1.73%. The company’s shares are currently down -22.09% year-to-date, but still up 16.55% over the last five days. On the other hand, Apollo Global Management Inc (NYSE:APO) is -7.22% down in the 30-day period. We can see from the shorts that 31.11 million shares have been sold at a short interest cover period of 7.58 day(s).
The consensus price target as assigned by Wall Street analysts is $164, which translates to bulls needing to increase their stock price by 21.54% from its current value. Analyst projections state that APO is forecast to be at a low of $155 and a high of $188.
Apollo Global Management Inc (APO) estimates and forecasts
The year-over-year growth rate is expected to be 13.15%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 966.67M in revenue for the current quarter. 8 analysts expect Apollo Global Management Inc to make 1.01B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 839M and 932M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.22%. Forecasts for the next quarter put sales growth at 8.14%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.07%. Apollo Global Management Inc earnings are expected to increase by 8.28% in 2025, but the outlook is positive 14.65% per year for the next five years.
APO Dividends
Apollo Global Management Inc’s next quarterly earnings report is expected to be released on 2025-Feb-03. The annual dividend yield of the stock is 1.44 percent and its annual dividend per share was 1.85. It is important to note, however, that the 1.44% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.89 per year.
Apollo Global Management Inc (NYSE:APO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 28.18% of Apollo Global Management Inc shares, and 66.92% of them are in the hands of institutional investors. The stock currently has a share float of 93.18%. Apollo Global Management Inc stock is held by 1494.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 7.0137% of the shares, which is about 41.25 million shares worth $4.87 billion.
CAPITAL WORLD INVESTORS, with 5.3627% or 31.48 million shares worth $3.72 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 12.4 shares worth $1.6 billion, making up 2.17% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 12.11 shares worth around $1.56 billion, which represents about 2.12% of the total shares outstanding.
