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NYSE:APO

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

$131.32
-1.38 (-1.04%)
(As of 10/3/2024 ET)

About Apollo Global Management Stock (NYSE:APO)

Key Stats

Today's Range
$128.51
$133.46
50-Day Range
$99.15
$132.70
52-Week Range
$77.11
$135.29
Volume
3.59 million shs
Average Volume
2.59 million shs
Market Capitalization
$74.61 billion
P/E Ratio
14.54
Dividend Yield
1.41%
Price Target
$134.78
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
95th Percentile Overall Score

APO MarketRank™: 

Apollo Global Management scored higher than 95% of companies evaluated by MarketBeat, and ranked 72nd out of 955 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 2.75, and is based on 15 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Apollo Global Management has been the subject of 15 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 14.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.07.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Apollo Global Management is 14.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.27.

  • Price to Earnings Growth Ratio

    Apollo Global Management has a PEG Ratio of 1.30. 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 3.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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

    3.52% 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 6.8.
  • Change versus previous month

    Short interest in Apollo Global Management has recently decreased by 1.19%, indicating that investor sentiment is improving.
  • Dividend Yield

    Apollo Global Management pays a meaningful dividend of 1.47%, 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

    3.52% 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 6.8.
  • Change versus previous month

    Short interest in Apollo Global Management has recently decreased by 1.19%, indicating that investor sentiment is improving.
  • News Sentiment

    Apollo Global Management has a news sentiment score of 0.57. 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 0.71 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 40 news articles for Apollo Global Management this week, compared to 14 articles on an average week.
  • Search Interest

    27 people have searched for APO on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Apollo Global Management to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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

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A few weeks ago, I asked my research team to investigate the top 10 best-performing stocks of the last 30 years. And the results will shock you!
See More Headlines

APO Stock Analysis - Frequently Asked Questions

Apollo Global Management's stock was trading at $93.19 at the beginning of 2024. Since then, APO stock has increased by 40.9% and is now trading at $131.32.
View the best growth stocks for 2024 here
.

Apollo Global Management, Inc. (NYSE:APO) issued its quarterly earnings results 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 earned $6.02 billion during the quarter, compared to the consensus estimate of $873.18 million. Apollo Global Management had a net margin of 21.90% and a trailing twelve-month return on equity of 16.98%.

Top institutional shareholders of Apollo Global Management include Doliver Advisors LP, SG Americas Securities LLC, Park Avenue Securities LLC and Massmutual Trust Co. FSB ADV. 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
10/03/2024
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
$134.76
High Stock Price Target
$162.00
Low Stock Price Target
$99.00
Potential Upside/Downside
+2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.74
Research Coverage
19 Analysts

Profitability

Net Income
$5.05 billion
Pretax Margin
24.23%

Debt

Sales & Book Value

Annual Sales
$26.70 billion
Cash Flow
$8.55 per share
Book Value
$41.98 per share

Miscellaneous

Free Float
519,867,000
Market Cap
$74.50 billion
Optionable
Optionable
Beta
1.61

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This page (NYSE:APO) was last updated on 10/3/2024 by MarketBeat.com Staff
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