Apollo Global Management, Inc. (APO)

NYSE: APO · IEX Real-Time Price · USD
48.93
+2.43 (5.23%)
Oct 3, 2022 4:00 PM EDT - Market closed
5.23%
Market Cap 29.36B
Revenue (ttm) 5.42B
Net Income (ttm) -2.44B
Shares Out 600.00M
EPS (ttm) 6.81
PE Ratio 7.19
Forward PE 7.24
Dividend $1.70 (3.47%)
Ex-Dividend Date Aug 17, 2022
Volume 2,682,267
Open 47.42
Previous Close 46.50
Day's Range 46.60 - 49.35
52-Week Range 45.97 - 81.07
Beta 1.65
Analysts Buy
Price Target 71.32 (+45.8%)
Earnings Date Aug 4, 2022

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...]

Industry Capital Markets
IPO Date Mar 30, 2011
CEO Marc Jeffrey Rowan
Employees 2,153
Stock Exchange NYSE
Ticker Symbol APO
Full Company Profile

Financial Performance

In 2021, APO's revenue was $5.95 billion, an increase of 152.83% compared to the previous year's $2.35 billion. Earnings were $1.84 billion, an increase of 1,073.90%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for APO stock is "Buy." The 12-month stock price forecast is 71.32, which is an increase of 45.76% from the latest price.

Price Target
$71.32
(45.76% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brightspeed Officially Launches Operations and Begins Large-Scale Fiber Network Deployment

Fiber Network Build Expected to Deliver Over 1 Million New Fiber Passings by the End of 2023 Company Is Making Significant Investments in an Exceptional Service Experience for New and Existing Customers...

Other symbols: LUMN
6 hours ago - PRNewsWire

Apollo Funds Acquire Minority Stake in Diameter Capital Partners

Investment Supports Continued Growth of the Diameter Platform including Launch of New Business Lines and Geographic Expansion

14 hours ago - GlobeNewsWire

Apollo to Announce Third Quarter 2022 Financial Results on November 2, 2022

NEW YORK, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the third quarter 2022 on Wednesday, November 2, 2022, before the opening of trading on the New Yor...

5 days ago - GlobeNewsWire

Pegasus Merger Co. Announces Extension of Tender Offers

NEW YORK, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Pegasus Merger Co. (the “Company”), an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc., announced today that it...

6 days ago - GlobeNewsWire

Retail Investors Can Now Buy Pre-IPO Companies Like Venture Capitalists, Thanks To Titan And Cathie Wood's ARK Invest...

Titan is an online brokerage that is offering investors new opportunities in crypto, private equity and much more.

Other symbols: CG
6 days ago - Benzinga

ESE Entertainment Provides Update on Business and Project Pipeline

VANCOUVER, BC / ACCESSWIRE / September 21, 2022 / ESE Entertainment Inc. (TSXV:ESE)(OTCQX:ENTEF) (the "Company" or "ESE"), a global entertainment and technology company focused on gaming and esports, is...

1 week ago - Accesswire

Apollo-backed tech services company Intrado sells Safety unit to Stonepeak

Stonepeak said Friday it agreed to pay $2.4 billion for the Safety unit of Intrado Corp., a technology enabled services company backed by Apollo Global Management Inc. APO, -4.34% . The Safety unit spec...

2 weeks ago - Market Watch

Stonepeak to Acquire Safety Business from Intrado

Investment from Stonepeak intended to further accelerate growth of market-leading telecommunications business focused on public safety Investment from Stonepeak intended to further accelerate growth of ...

2 weeks ago - GlobeNewsWire

Waud Capital Announces Successful Exit of GI Alliance Following Close of its Apollo-led Recapitalization

Nation's largest gastroenterology practice management company to pursue continued growth with new investment partner DALLAS , Sept. 15, 2022 /PRNewswire/ -- Waud Capital Partners, L.L.C.

2 weeks ago - PRNewsWire

Notified's 2022 Benchmark Report Reveals Newest Trends for Delivering Impactful Webinars and Virtual Events

Live attendance is up for both webinars and virtual events, with an increase in attendee engagement pre- and post-event via resource downloads, live chat, and on-demand replay Live attendance is up for ...

2 weeks ago - GlobeNewsWire

Apollo to Present at Bank of America's 27th Annual Financials CEO Conference

NEW YORK, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Scott Kleinman, Co-President of Apollo Asset Management (NYSE: AAM-PA, AAM-PB), will present at Bank of America's 27t...

2 weeks ago - GlobeNewsWire

Declan Flanagan, former Orsted Onshore CEO, Launches Global Renewable Energy Platform Bluestar Energy Capital with $1...

CHICAGO & DUBLIN--(BUSINESS WIRE)-- #Australia--Global Renewable Energy Platform Bluestar Energy Capital Launches with $100 Million in Initial Capital, Announces Key Management Hires

2 weeks ago - Business Wire

ESE Appoints Andrea Lieuwen as New Chief Financial Officer

VANCOUVER, BC / ACCESSWIRE / September 13, 2022 / ESE Entertainment Inc. ("ESE" or the "Company") (TSXV:ESE) (OTCQX:ENTEF) is pleased to announce that effective September 12, 2022, Andrea Lieuwen has be...

2 weeks ago - Accesswire

Apollo Funds Complete Sale-Leaseback Transaction with GOL

NEW YORK and RIO DE JANEIRO, Brazil, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and GOL Linhas Aéreas Inteligentes S.A. (“GOL”) today announced the completion of a sale and leaseback transact...

3 weeks ago - GlobeNewsWire

ATLAS AIR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Atlas Air Worldwid...

Other symbols: AAWW
3 weeks ago - Business Wire

Brightspeed Awarded GREAT Grants for 29 Counties in North Carolina

Company Receives More Than $90 Million in State and County Grants to Extend Reach of Planned Gig-Speed Fiber Network to 38,000 Potential Customers CHARLOTTE, N.C. , Sept. 7, 2022 /PRNewswire/ -- Brights...

Other symbols: LUMN
3 weeks ago - PRNewsWire

Apollo to Present at Barclays Global Financial Services Conference

NEW YORK, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will present at the Barclays Global Financial Services Conference on Tuesday, ...

3 weeks ago - GlobeNewsWire

Michaels Cos. to hire 15,000 employees for coming holiday season with hiring events planned for Sept.

Michaels Cos. Inc. said Tuesday it is planning to hire 15,000 employees for the coming holiday season.

3 weeks ago - Market Watch

Byron Vielehr Named Chief Operating Officer of Apollo Asset Management

Vielehr to lead and scale Apollo's operating platform globally Vielehr to lead and scale Apollo's operating platform globally

1 month ago - GlobeNewsWire

Brightspeed Announces Initial Fiber Build Markets for Indiana

Next-Generation Fiber Network to Reach Over 50,000 Potential Customers in Indiana by End of 2023 CHARLOTTE, N.C. , Aug. 30, 2022 /PRNewswire/ -- Brightspeed today announced details for its planned fiber...

Other symbols: LUMN
1 month ago - PRNewsWire

Harmoni Towers Agrees to Acquire Parallel Infrastructure from Apollo's Second Flagship Infrastructure Fund

Transaction Creates Second-Largest Private Tower Company in the U.S. Palistar Capital Expects to Provide Growth Financing in Excess of $1 Billion to Combined Platform Represents the First Realization fo...

1 month ago - PRNewsWire

Glenn Greenberg Is Going All In on This Subprime Lending Giant

Glenn Greenberg (Trades, Portfolio)'s Brave Warrior Advisors recently disclosed its 13F portfolio updates for the second quarter of 2022, which ended on June 30.

Other symbols: ELVHCALADOMFPGRURI
1 month ago - GuruFocus

Brightspeed Announces Initial Fiber Build Markets for Illinois and Michigan

State-of-the-Art Fiber Network to Reach up to 24,000 Potential Customers by End of 2023 CHARLOTTE, N.C. , Aug. 25, 2022 /PRNewswire/ -- Brightspeed today announced that it will build portions of its pla...

Other symbols: LUMN
1 month ago - PRNewsWire

FCC approves sale of Lumen assets to Brightspeed

Transaction will bring new broadband investment to 20-state region DENVER , Aug. 22, 2022 /PRNewswire/ -- The Federal Communications Commission (FCC) has approved the previously announced sale of Lumen ...

Other symbols: LUMN
1 month ago - PRNewsWire

GI Alliance Announces Physician-Led Buyout Valuing the Company at $2.2 Billion

Apollo Hybrid Value Strategy to Finance Transaction and Serve as Strategic Capital Partner Apollo Hybrid Value Strategy to Finance Transaction and Serve as Strategic Capital Partner

1 month ago - GlobeNewsWire