Apollo Global Management (APO) Projected to Post Quarterly Earnings on Friday

Apollo Global Management (NYSE:APO - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $1.95 per share and revenue of $977.14 million for the quarter.

Apollo Global Management Stock Performance

Apollo Global Management stock opened at $133.50 on Friday. Apollo Global Management has a 52-week low of $95.11 and a 52-week high of $189.49. The firm has a market capitalization of $76.16 billion, a P/E ratio of 18.26, a P/E/G ratio of 1.17 and a beta of 1.66. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.44 and a quick ratio of 1.44. The stock has a fifty day moving average price of $135.27 and a two-hundred day moving average price of $153.04.

Apollo Global Management Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were issued a $0.4625 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.85 dividend on an annualized basis and a yield of 1.39%. Apollo Global Management's dividend payout ratio is presently 25.31%.

Analyst Upgrades and Downgrades

APO has been the topic of several recent research reports. Citigroup lowered their price target on shares of Apollo Global Management from $191.00 to $138.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Barclays decreased their price target on shares of Apollo Global Management from $196.00 to $145.00 and set an "overweight" rating on the stock in a research note on Monday, April 7th. Wells Fargo & Company dropped their price target on Apollo Global Management from $177.00 to $139.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Piper Sandler reduced their price objective on Apollo Global Management from $202.00 to $193.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 2nd. Finally, Morgan Stanley reduced their target price on shares of Apollo Global Management from $170.00 to $131.00 and set an "equal weight" rating on the stock in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $156.00.

Insiders Place Their Bets

In other Apollo Global Management news, insider Lb 2018 Gst Trust bought 607,725 shares of the firm's stock in a transaction dated Friday, April 4th. The stock was acquired at an average cost of $111.39 per share, for a total transaction of $67,694,487.75. Following the completion of the transaction, the insider now owns 621,754 shares in the company, valued at $69,257,178.06. This trade represents a 4,331.92 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Martin Kelly sold 5,000 shares of the company's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $158.28, for a total transaction of $791,400.00. Following the completion of the transaction, the chief financial officer now owns 377,164 shares in the company, valued at approximately $59,697,517.92. The trade was a 1.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.50% of the stock is currently owned by insiders.

Apollo Global Management Company Profile

Apollo Global Management, Inc is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

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