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NYSE:APO

Apollo Global Management (APO) Stock Price, News & Analysis

$108.47
-0.81 (-0.74%)
(As of 04:33 PM ET)
Today's Range
$108.06
$109.99
50-Day Range
$99.15
$125.25
52-Week Range
$77.11
$126.45
Volume
1.77 million shs
Average Volume
2.51 million shs
Market Capitalization
$61.63 billion
P/E Ratio
12.01
Dividend Yield
1.71%
Price Target
$124.64

Apollo Global Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
14.9% Upside
$124.64 Price Target
Short Interest
Bearish
3.56% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.40mentions of Apollo Global Management in the last 14 days
Based on 16 Articles This Week
Insider Trading
Acquiring Shares
$246,667 Bought Last Quarter
Proj. Earnings Growth
22.71%
From $7.09 to $8.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.86 out of 5 stars

Finance Sector

35th out of 863 stocks

Investment Advice Industry

3rd out of 49 stocks

APO stock logo

About Apollo Global Management Stock (NYSE:APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate 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 capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It also focuses on clean energy, sustainable industry, climate solutions, energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. It seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia, India and Europe.

APO Stock Price History

APO Stock News Headlines

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Famous Stock Market Bull Issues Rare “Collapse” Warning
Tilson says we're in the midst of a collapse – unlike any we've seen since 2008. As you'll see, it all centers around the tech sector. And the epicenter – it turns out – is Apple.
4 Press Release Examples To Inspire Your PR Strategy
Apollo Global Management (NYSE:APO) PT Lowered to $124.00
Famous Stock Market Bull Issues Rare “Collapse” Warning
Tilson says we're in the midst of a collapse – unlike any we've seen since 2008. As you'll see, it all centers around the tech sector. And the epicenter – it turns out – is Apple.
See More Headlines
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Company Calendar

Ex-Dividend for 5/31 Dividend
5/16/2024
Dividend Payable
5/31/2024
Last Earnings
8/01/2024
Ex-Dividend for 8/30 Dividend
8/16/2024
Today
8/22/2024
Dividend Payable
8/30/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
4,879
Year Founded
1990

Price Target and Rating

Average Stock Price Target
$124.64
High Stock Price Target
$147.00
Low Stock Price Target
$99.00
Potential Upside/Downside
+14.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
16 Analysts

Profitability

Net Income
$5.05 billion
Pretax Margin
17.40%

Debt

Sales & Book Value

Annual Sales
$26.70 billion
Cash Flow
$7.70 per share
Book Value
$41.98 per share

Miscellaneous

Free Float
519,867,000
Market Cap
$62.09 billion
Optionable
Optionable
Beta
1.59

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Key Executives

  • Mr. Marc Jeffrey Rowan (Age 62)
    Co-Founder, CEO & Director
    Comp: $310.01k
  • Mr. Martin Bernard Kelly (Age 56)
    CFO & Partner
    Comp: $2.49M
  • Mr. John J. Suydam J.D.Mr. John J. Suydam J.D. (Age 64)
    Senior Advisor & Partner
    Comp: $4.43M
  • Mr. Scott Martin Kleinman (Age 51)
    Co-President of Apollo Asset Management Inc. & Director
    Comp: $8.18M
  • Mr. Byron C. Vielehr (Age 61)
    Partner, COO & COO of Asset Management Business
  • Mr. Louis-Jacques Tanguy
    Partner of Finance in New York, Chief Accounting Officer & Controller
  • Mr. Jamey Lamanna
    Partner & Chief Information Officer of Global Technology in New York
  • Mr. Noah Gunn
    MD & Global Head of Investor Relations in New York
  • Ms. Yael Kenan Levy
    Chief Compliance Officer and Partner of Legal, Compliance & Tax in New York
  • Ms. Joanna Rose
    Global Head of Corporate Communications & Partner

Should I Buy Apollo Global Management Stock? APO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Apollo Global Management, Inc.:

  • Apollo Global Management has consistently shown a strong return on equity of 19.12%, indicating efficient use of shareholder funds to generate profits.
  • Recent insider activity includes a director acquiring shares at $104.92 per share, suggesting confidence in the company's future performance.
  • Wall Street analysts have provided a consensus price target of $119.29, indicating potential for stock price appreciation.
  • Despite missing earnings estimates in the last quarter, Apollo Global Management's dividend yield of 1.48% and dividend payout ratio of 20.49% offer income potential to investors.
  • With a market cap of $58.63 billion and a PEG ratio of 0.95, Apollo Global Management presents itself as a stable investment option in the financial services sector.

Cons

Investors should be bearish about investing in Apollo Global Management, Inc. for these reasons:

  • Despite a strong return on equity, the company missed earnings estimates in the last quarter, which may raise concerns about future profitability.
  • Recent analyst reports have included a sell rating on the stock, indicating some skepticism about Apollo Global Management's performance.
  • The stock's price-to-earnings ratio of 11.43 may suggest that the stock is currently overvalued compared to its earnings potential.
  • While insider buying can be a positive signal, the CFO selling 30,000 shares at $111.29 per share may raise questions about the company's near-term outlook.
  • With a beta of 1.59, Apollo Global Management's stock may be more volatile compared to the overall market, potentially leading to higher risk for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 13, 2024. Please send any questions or comments about these Apollo Global Management pros and cons to contact@marketbeat.com.

APO Stock Analysis - Frequently Asked Questions

How have APO shares performed this year?

Apollo Global Management's stock was trading at $93.19 at the beginning of 2024. Since then, APO stock has increased by 16.4% and is now trading at $108.47.
View the best growth stocks for 2024 here
.

How were Apollo Global Management's earnings last quarter?

Apollo Global Management, Inc. (NYSE:APO) announced its quarterly earnings data on Thursday, August, 1st. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.67 by $0.03. The financial services provider had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $873.18 million. Apollo Global Management had a trailing twelve-month return on equity of 17.97% and a net margin of 21.90%.

Who are Apollo Global Management's major shareholders?

Top institutional shareholders of Apollo Global Management include Legal & General Group Plc (0.77%), D. E. Shaw & Co. Inc. (0.56%), TD Asset Management Inc (0.47%) and Select Equity Group L.P. (0.46%). Insiders that own company stock include Leon D Black, Joshua Harris, James C Zelter, Martin Kelly, John J Suydam, Whitney Chatterjee, Pauline Richards, Walter Joseph Clayton III and Kerry Murphy Healey.
View institutional ownership trends
.

How do I buy shares of Apollo Global Management?

Shares of APO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Apollo Global Management own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Apollo Global Management investors own include Bank of America (BAC), Intelsat (I), AT&T (T), Blackstone (BX), Intel (INTC), Fossil Group (FOSL) and AMC Entertainment (AMC).

This page (NYSE:APO) was last updated on 8/22/2024 by MarketBeat.com Staff

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