Apollo Global Management, Inc. (APO)

NYSE: APO · IEX Real-Time Price · USD
111.36
+0.35 (0.32%)
Mar 4, 2024, 4:00 PM EST - Market closed
0.32%
Market Cap 63.43B
Revenue (ttm) 32.64B
Net Income (ttm) 5.00B
Shares Out 568.16M
EPS (ttm) 8.28
PE Ratio 13.45
Forward PE 14.14
Dividend $1.72 (1.55%)
Ex-Dividend Date Feb 16, 2024
Volume 3,032,697
Open 110.06
Previous Close 111.01
Day's Range 108.37 - 112.19
52-Week Range 55.16 - 115.03
Beta 1.64
Analysts Buy
Price Target 103.33 (-7.21%)
Earnings Date Feb 8, 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]

Sector Financials
IPO Date Mar 30, 2011
Employees 2,540
Stock Exchange NYSE
Ticker Symbol APO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for APO stock is "Buy." The 12-month stock price forecast is $103.33, which is a decrease of -7.21% from the latest price.

Price Target
$103.33
(-7.21% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days ago - Bloomberg Markets and Finance

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...

Other symbols: ARESBAMOWL
9 days ago - Invezz

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 "...

Other symbols: HASISPWR
10 days ago - PRNewsWire

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...

Other symbols: NFE
18 days ago - Business Wire

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...

19 days ago - GlobeNewsWire

Apollo Names Industry Veteran Harry Seekings Co-Head of Infrastructure

NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that industry veteran Harry Seekings has been named Co-Head of Infrastructure at Apollo, effective March 11, 2024. Seekin...

24 days ago - GlobeNewsWire

Apollo Reports Fourth Quarter and Full Year 2023 Results

NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the fourth quarter and full ye...

25 days ago - GlobeNewsWire

Final Trades: Alibaba, Blackstone, Apollo Global, and SLB

Stephanie Link, Hightower chief investment strategist and portfolio manager, Joe Terranova, senior managing director at Virtus Investment Partners, Karen Firestone, CEO at Aureus Asset Management, and...

Other symbols: BABABXSLB
5 weeks ago - CNBC Television

Apollo-backed aerospace supplier Arconic to sell China business in $300 mln deal- sources

U.S. aerospace supplier Arconic Corp, controlled by private equity firm Apollo Global Management , is selling its China business in a deal that could value it at as much as $300 million, three people ...

5 weeks ago - Reuters

How private credit became one of the hottest investments on Wall Street

Private credit has grown from a $250 billion asset class in 2010 to a $1.6 trillion asset class today. Here's how it happened.

Other symbols: ARESKKR
6 weeks ago - CNBC

French data watchdog: imposes 10 mln eur fine on Yahoo! over cookie policy

French data watchdog CNIL said on Thursday it imposed a 10 million euro ($10.86 million) fine on U.S. web services provider Yahoo! for failings linked to the company's cookie policy.

6 weeks ago - Reuters

25madison and Apollo Funds Launch 25m Evolve, an Enterprise Software Venture Studio Focused on AI-Native Applications

NEW YORK--(BUSINESS WIRE)--25madison, a leading venture platform, today announced the launch of 25m Evolve, in partnership with funds managed by Apollo (NYSE: APO), a leading global alternative invest...

6 weeks ago - Business Wire

Energos Infrastructure Announces Transformative Marine LNG Asset Transaction with Long Term Charter Contracts in Germany

NEW YORK , Jan. 8, 2024 /PRNewswire/ -- Energos Infrastructure ("Energos" or the "Company"), an international marine LNG infrastructure company, majority-controlled by Apollo-managed funds (NYSE: APO)...

Other symbols: NFE
2 months ago - PRNewsWire

2024 will be the year of lagged effects of Fed hike, says Apollo Global Management's Torsten Slok

Torsten Slok, Apollo Global Management chief economist, joins 'Closing Bell Overtime' to talk what the market should anticipate from the Fed in 2024 and if the Fed pivot is going to be as dovish as in...

2 months ago - CNBC Television

Actively managed ETFs are growing in popularity. Here's what you want one to look like.

The Gabelli Financial Services Opportunities Fund is an exchange-traded fund that is actively managed. This fund is less than two years old but has performed very well.

2 months ago - Market Watch

Apollo to Announce Fourth Quarter and Full Year 2023 Financial Results on February 8, 2024

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the fourth quarter and full year 2023 on Thursday, February 8, 2024, before the opening of trading...

2 months ago - GlobeNewsWire

Apollo-backed Aspen Insurance files IPO

Aspen Insurance Holdings, a specialty insurance and reinsurance company backed by Apollo Global Management Inc. APO, -3.26% filed for an initial public offering late Wednesday with underwriters Goldma...

2 months ago - Market Watch

Farfetch in talks with Apollo Global for rescue deal -source

Online luxury retailer Farfetch is in talks with Apollo Global Management to secure emergency funding to shore up its finances, a person familiar with the matter said on Wednesday

2 months ago - Reuters

Private-equity firms build up record $2.59 trillion in ‘dry powder,' or capital on the sidelines

Capital waiting to be deployed, or so-called dry powder, rose 8% to a record $2.59 trillion in the past year, S&P said Tuesday.

Other symbols: BXCGKKRTPG
2 months ago - Market Watch

Apollo Adds ELTIF to Wealth Product Platform Following CSSF Regulatory Approval

Apollo Clean Transition Equity ELTIF to provide European investors greater access to clean transition investments across private markets

3 months ago - GlobeNewsWire

Private credit is booming in Wall Street: 3 stocks to buy

For a long time, private equity was the hottest thing in Wall Street. Now, with interest rates sitting at their highest level in 2 decades, the private equity industry is being challenged by private c...

Other symbols: NMFCOWL
3 months ago - Invezz

Glancy Prongay & Murray LLP Announces Investigation of Apollo Global Management, Inc. (APO) (f/k/a Tango Holdings, Inc.)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Apollo Global Management, Inc. (NYSE: APO) (f/k/a Tango Holdings, Inc.) concerning the Company and its dir...

3 months ago - Business Wire

Apollo CEO Rowan on Credit, 'De-Banking,' Antisemitism

"I think the world is de-banking," Apollo Global Management CEO Marc Rowan says. Speaking on "Bloomberg Surveillance," Rowan also discusses the state of the credit market and the spread of antisemitis...

3 months ago - Bloomberg Markets and Finance

Apollo to Present at the Goldman Sachs 2023 US Financial Services Conference

NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Marc Rowan, Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs 2023 US Financial Serv...

3 months ago - GlobeNewsWire

Apollo Global stock: Here's why it is better than Blackstone

Apollo Global Management (NYSE: APO) stock price has done well in 2023 even as the private equity industry faces numerous headwinds. The shares jumped to a high of $91.42 on Friday as they near their ...

3 months ago - Invezz