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NYSE:APO

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

$117.57
-0.22 (-0.19%)
(As of 09/18/2024 ET)

About Apollo Global Management Stock (NYSE:APO)

Key Stats

Today's Range
$117.41
$119.43
50-Day Range
$99.15
$125.25
52-Week Range
$77.11
$126.45
Volume
2.51 million shs
Average Volume
2.53 million shs
Market Capitalization
$66.80 billion
P/E Ratio
13.02
Dividend Yield
1.57%
Price Target
$129.06
Consensus Rating
Moderate Buy

Company Overview

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. For credit strategies, the firm focuses to invest in multi-sector credit, semi-liquid credit, direct lending, first lien, unitranche, whole loans and private credit. 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, Asia, North America with a focus on United States, Western Europe and Europe. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $75 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts 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, Africa and Europe.

Apollo Global Management Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 93rd Percentile

Apollo Global Management scored higher than 93% of companies evaluated by MarketBeat, and ranked 94th out of 956 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Apollo Global Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.72, and is based on 13 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Apollo Global Management has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Apollo Global Management's stock forecast and price target.
  • Earnings Growth

    Earnings for Apollo Global Management are expected to grow by 25.38% in the coming year, from $6.62 to $8.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Apollo Global Management is 13.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Apollo Global Management is 13.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.81.

  • Price to Earnings Growth Ratio

    Apollo Global Management has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Apollo Global Management has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Apollo Global Management's valuation and earnings.
  • Percentage of Shares Shorted

    3.56% of the outstanding shares of Apollo Global Management have been sold short.
  • Short Interest Ratio / Days to Cover

    Apollo Global Management has a short interest ratio ("days to cover") of 7.
  • Change versus previous month

    Short interest in Apollo Global Management has recently decreased by 1.75%, indicating that investor sentiment is improving.
  • Dividend Yield

    Apollo Global Management pays a meaningful dividend of 1.65%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Apollo Global Management does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Apollo Global Management is 20.49%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Apollo Global Management will have a dividend payout ratio of 22.29% next year. This indicates that Apollo Global Management will be able to sustain or increase its dividend.

  • Read more about Apollo Global Management's dividend.
  • Percentage of Shares Shorted

    3.56% of the outstanding shares of Apollo Global Management have been sold short.
  • Short Interest Ratio / Days to Cover

    Apollo Global Management has a short interest ratio ("days to cover") of 7.
  • Change versus previous month

    Short interest in Apollo Global Management has recently decreased by 1.75%, indicating that investor sentiment is improving.
  • News Sentiment

    Apollo Global Management has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 24 news articles for Apollo Global Management this week, compared to 13 articles on an average week.
  • Search Interest

    Only 14 people have searched for APO on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Apollo Global Management to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Apollo Global Management insiders have bought more of their company's stock than they have sold. Specifically, they have bought $246,667.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 8.50% of the stock of Apollo Global Management is held by insiders.

  • Percentage Held by Institutions

    77.06% of the stock of Apollo Global Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Apollo Global Management's insider trading history.

APO Stock News Headlines

What is Apollo, anyway?
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Wall Street giant says rate cuts story is all wrong
See More Headlines

APO Stock Analysis - Frequently Asked Questions

Apollo Global Management's stock was trading at $93.19 at the start of the year. Since then, APO shares have increased by 26.2% and is now trading at $117.57.
View the best growth stocks for 2024 here
.

Apollo Global Management, Inc. (NYSE:APO) issued its earnings results on Thursday, August, 1st. The financial services provider reported $1.64 EPS for the quarter, missing analysts' consensus estimates of $1.67 by $0.03. The financial services provider earned $6.02 billion during the quarter, compared to analysts' expectations of $873.18 million. Apollo Global Management had a trailing twelve-month return on equity of 16.98% and a net margin of 21.90%.

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
.

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.

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).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 8/30 Dividend
8/16/2024
Dividend Payable
8/30/2024
Today
9/18/2024
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
$129.06
High Stock Price Target
$153.00
Low Stock Price Target
$99.00
Potential Upside/Downside
+9.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.72
Research Coverage
18 Analysts

Profitability

Net Income
$5.05 billion
Pretax Margin
24.23%

Debt

Sales & Book Value

Annual Sales
$26.70 billion
Cash Flow
$8.83 per share
Book Value
$41.98 per share

Miscellaneous

Free Float
519,867,000
Market Cap
$66.80 billion
Optionable
Optionable
Beta
1.61

Social Links

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

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, September 10, 2024. Please send any questions or comments about these Apollo Global Management pros and cons to contact@marketbeat.com.

Apollo Global Management
Bull Case

green Wall Street bull icon

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

  • Apollo Global Management, Inc. has a current ratio of 1.60, indicating strong liquidity to meet short-term obligations.
  • The company's quick ratio of 1.60 suggests a healthy ability to cover immediate liabilities without relying on inventory.
  • With a debt-to-equity ratio of 0.37, Apollo Global Management, Inc. has a conservative capital structure, reducing financial risk.
  • Insider buying activity, such as Director Pauline Richards acquiring shares, can signal confidence in the company's future prospects.
  • Positive analyst ratings and price target upgrades indicate favorable outlook and potential growth for the stock.

Apollo Global Management
Bear Case

red Wall Street bear icon

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

  • Recent dividend cut may raise concerns about the company's financial performance or cash flow stability.
  • Missing earnings estimates could indicate potential challenges in revenue generation or cost management.
  • Lower-than-expected revenue compared to analyst estimates may suggest potential growth constraints or market challenges.
  • High institutional ownership of 77.06% may limit individual investor influence on company decisions.
  • Price target reductions by some analysts could reflect uncertainties or risks associated with the stock.

This page (NYSE:APO) was last updated on 9/18/2024 by MarketBeat.com Staff
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