Apollo Global Management, Inc. (APO)
| Market Cap | 61.26B |
| Revenue (ttm) | 32.64B |
| Net Income (ttm) | 5.00B |
| Shares Out | 568.16M |
| EPS (ttm) | 8.28 |
| PE Ratio | 13.02 |
| Forward PE | 13.72 |
| Dividend | $1.72 (1.60%) |
| Ex-Dividend Date | Feb 16, 2024 |
| Volume | 2,039,363 |
| Open | 107.13 |
| Previous Close | 107.58 |
| Day's Range | 105.80 - 108.33 |
| 52-Week Range | 57.50 - 117.15 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 112.25 (+4.1%) |
| Earnings Date | May 2, 2024 |
About 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 ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for APO stock is "Buy." The 12-month stock price forecast is $112.25, which is an increase of 4.10% from the latest price.
News
Banks Strike Back Against Private Credit
Wall Street banks are gaining back ground against nonbank lenders.
Yahoo acquires Instagram co-founders' AI news platform Artifact
Yahoo said on Tuesday it had acquired Instagram co-founders' AI-driven news platform, Artifact, and will incorporate its technology across the U.S. web services provider's news and other sites.
Apollo Funds Announce Strategic Partnership with Panasonic Automotive Systems, a Leading Global Supplier of Advanced In-Vehicle Technologies
Panasonic Holdings Corporation to Maintain Significant Minority Stake in Panasonic Automotive to Accelerate Growth Alongside Apollo Funds
Apollo to Announce First Quarter 2024 Financial Results on May 2, 2024
NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the first quarter 2024 on Thursday, May 2, 2024, before the opening of trading on the New York St...
UBS, Apollo Complete Securitization Unit Deal
UBS and Apollo Global Management have finalized a deal to offload Credit Suisse's former securitized products business, as the Swiss bank continues its integration after the takeover.
Redstone Reportedly 'Unconvinced' by Apollo's $11 Billion Bid For Paramount's Studio
Paramount Global (PARA) shares lost ground Thursday as controlling shareholder Shari Redstone reportedly isn't interested in an $11 billion offer to buy the company's studio segment.
Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio
Paramount Global shares, which soared Wednesday on news that Apollo had made an $11 billion offer for Paramount Pictures, has slumped today after a report splashed cold water on the scenario.
Paramount Stock Jumps After Apollo Reportedly Offers $11 Billion For Studio Segment
Paramount Global (PARA) stock jumped Thursday after it was reported that private equity giant Apollo Management had offered $11 billion for its Hollywood studio.
Private equity giant Apollo offers $11B for Paramount Pictures studio: report
Apollo's reported $11 billion offer is more than the entire market capitalization of Paramount Global, which is currently around $7.7 billion.
Apollo Offers $11 Billion For Paramount Studios, Report Says
Apollo Global Management has made an $11 billion offer to purchase Paramount Global's studios, according to the Wall Street Journal, while the entertainment company reportedly weighs another offer fro...
Apollo Offers $11 Billion for Paramount's Studio
The bid comes as an independent committee of the company's directors is reviewing another offer from Skydance Media to merge with all of Paramount.
Paramount shares rise on report of Apollo's $11 billion bid for company's Hollywood studio
Shares of Paramount Global climbed nearly 8% Wednesday on reports that private-equity firm Apollo Global Management Inc. has offered $11 billion to buy the media conglomerate's film-and-television stu...
Apollo offers $11 bln for Paramount's Hollywood studio, source says
Private equity firm Apollo Global Management has offered $11 billion for Paramount Global's Paramount Pictures film studio, a person with knowledge of the offer said on Wednesday, adding to takeover i...
Paramount and Apollo in talks for strategic deal, says report
Apollo Global Management is in discussions with Paramount Global (PARA) about a possible acquisition or asset purchase. According to a report by Axios on Tuesday, a special committee formed by Paramou...
Apollo Funds Agree to Sell 28.4% Stake in Vallourec to ArcelorMittal
NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed Funds (“Apollo Funds” or the “Funds”) have agreed to sell 65.2 million common equity shares in Vallo...
Apollo Global Management reached out to Paramount about a deal: Report
According to an Axios report, Apollo Global Management — the parent company of Yahoo — has reportedly reached out to Paramount Global (PARA, PARAA) to explore a potential deal. The private equity firm...
Paramount Is Being Eyed by Private Equity. It's Not the First Time.
A report says Apollo Global Management recently reached out to the entertainment giant about a possible takeover or asset purchase.
Apollo reaches out to Paramount about deal, Axios reports
Apollo Global Management has in recent days reached out to a special committee formed by Paramount Global about a possible takeover or asset purchase, Axios reported on Tuesday citing two sources fami...
Final Trades: Target, Las Vegas Sands, Apollo Global and the IYH
The Investment Committee share their top stocks in the second half.
Apollo Names Chris McIntyre Global Head of the Institutional Client Group
NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) today announced the appointment of Chris McIntyre as Partner, Global Head of the Institutional Client Group and ...
Apollo Global CEO Marc Rowan Says Best Investing Happening Outside US
Apollo Global Management CEO Marc Rowan says that the best investors are not in the US, but in places like Singapore and the Emirates. Rowan spoke with David Rubenstein at the Economic Club of Washing...
Here's why private equity stocks like APO, BAM, Ares, OWL have soared
Wall Street has been amazed by the recent surge in technology stocks like Nvidia and Super Micro Computer. All these stocks have surged to a record high because of the ongoing demand for artificial in...
SunPower Secures More Than $300M in Project Financing Commitments for Industry-Leading Residential Solar and Storage Lease Programs
Builds on the recent capital raise to provide SunPower with access to more than half a billion dollars in financing RICHMOND, Calif., Feb. 23, 2024 /PRNewswire/ -- SunPower Corp. (NASDAQ:SPWR), (the "...
New Fortress Energy Completes Sale of Stake in Energos Infrastructure
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced that it has completed the sale of its 20% equity interest in Energos Infrastructure (“Energos”) to funds man...
Apollo to Present at the Bank of America Securities 2024 Financial Services Conference
NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Bank of America Securities Financi...