Valmont Industries, Inc. (VMI)

NYSE: VMI · Real-Time Price · USD
340.24
+0.61 (0.18%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.18%
Market Cap 6.82B
Revenue (ttm) 4.05B
Net Income (ttm) 299.19M
Shares Out 20.04M
EPS (ttm) 14.66
PE Ratio 23.21
Forward PE 19.41
Dividend $2.40 (0.71%)
Ex-Dividend Date Dec 27, 2024
Volume 101,287
Open 339.50
Previous Close 339.63
Day's Range 336.71 - 340.83
52-Week Range 202.01 - 352.57
Beta 1.02
Analysts Strong Buy
Price Target 370.00 (+8.75%)
Earnings Date Oct 22, 2024

About VMI

Valmont Industries, Inc. operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation ap... [Read more]

Industry Conglomerates
Sector Industrials
Founded 1946
Employees 11,125
Stock Exchange NYSE
Ticker Symbol VMI
Full Company Profile

Financial Performance

In 2023, Valmont Industries's revenue was $4.17 billion, a decrease of -3.93% compared to the previous year's $4.35 billion. Earnings were $143.48 million, a decrease of -42.81%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for VMI stock is "Strong Buy." The 12-month stock price forecast is $370.0, which is an increase of 8.75% from the latest price.

Price Target
$370.0
(8.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Valmont Industries Should See More Upside

Valmont Industries' revenue growth is expected to turn positive next year, driven by strong demand in the Infrastructure segment and easing comparisons in Agriculture. The company's strong margin perf...

16 days ago - Seeking Alpha

Valmont Board Declares Quarterly Dividend

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

23 days ago - Business Wire

Valmont Announces Appointment of Deborah Caplan to its Board of Directors

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

23 days ago - Business Wire

Valmont Industries, Inc. (VMI) Q3 2024 Earnings Call Transcript

Valmont Industries, Inc. (NYSE:VMI) Q3 2024 Earnings Call Transcript October 23, 2024 9:00 AM ET Company Participants Renee Campbell - SVP, IR and Treasurer Avner Applbaum - President and CEO Tom Lig...

4 weeks ago - Seeking Alpha

Valmont Reports Third Quarter 2024 Results

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

4 weeks ago - Business Wire

Valmont Industries, Inc. Announces Third Quarter 2024 Earnings Call

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

7 weeks ago - Business Wire

Precision Irrigation Industry Report 2024, Featuring Profiles of Agsmart, Grodan, Jain Irrigation Systems, Nelson Irrigation, Netafim, Rain Bird, Rivulis Irrigation, T-L Irrigation, Valmont Industries

Dublin, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The "Precision Irrigation - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Precision Irrigation ...

7 weeks ago - GlobeNewsWire

Valmont Appoints Thomas Liguori as Chief Financial Officer

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

3 months ago - Business Wire

Valmont Industries: Medium To Long-Term Prospects Are Compelling

Valmont Industries faces near-term headwinds from declining steel prices and exiting low-margin solar business, but has strong medium to long-term growth prospects. Revenue declined in Q2 2024 due to ...

3 months ago - Seeking Alpha

Valmont Industries, Inc. (VMI) Q2 2024 Earnings Call Transcript

Valmont Industries, Inc. (NYSE:VMI) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Renee Campbell - SVP, IR and Treasurer Avner Applbaum - President and CEO Tim Franci...

4 months ago - Seeking Alpha

Valmont Reports Second Quarter 2024 Results and Raises Full-Year 2024 Diluted Earnings per Share Guidance

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

4 months ago - Business Wire

Valmont Industries, Inc. Announces Second Quarter 2024 Earnings Call

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

4 months ago - Business Wire

FRP Cross Arm Market Trends and Forecast Report (2024-2030) with Strategic Analysis of Geotek, Valmont Industries, Creative Composites Group, Liberty Pultrusions, and RC Technologies

Dublin, June 28, 2024 (GLOBE NEWSWIRE) -- The "FRP Cross Arm Market: Trends, Opportunities and Competitive Analysis [2024-2030]" report has been added to ResearchAndMarkets.com's offering.

5 months ago - GlobeNewsWire

Valmont Releases 2024 Sustainability Report

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

5 months ago - Business Wire

Valmont to Participate in June Investor Conferences

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

6 months ago - Business Wire

Valmont Industries: Improving Growth Prospects And Good Long-Term Opportunity

Valmont Industries is expected to see revenues bottoming in the coming quarters. The company is expected to benefit from increased investments in electricity infrastructure projects, IIJA fund deploym...

6 months ago - Seeking Alpha

Valmont Industries, Inc. (VMI) Q1 2024 Earnings Call Transcript

Call end: 09:47 Valmont Industries, Inc. (NYSE:VMI) Q1 2024 Earnings Conference Call May 02, 2024 09:00 AM ET Company Participants Renee Campbell - Senior Vice President-Investor Relations and Treasu...

7 months ago - Seeking Alpha

Valmont Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

7 months ago - Business Wire

Valmont Industries, Inc. Announces First Quarter 2024 Earnings Call

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

7 months ago - Business Wire

Three-Stock Lunch: Meta, EQT & Valmont industries

Michael Farr, Hightower Advisors chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks, including Meta, EQT and Valmont industries.

Other symbols: METAEQT
9 months ago - CNBC Television

Valmont Industries, Inc. (VMI) Q4 2023 Earnings Call Transcript

Valmont Industries, Inc. (VMI) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Valmont Reports Fourth Quarter and Full Year 2023 Results

OMAHA, Neb.--(BUSINESS WIRE)--Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolog...

9 months ago - Business Wire

Valmont Industries, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Call

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

10 months ago - Business Wire

Valmont to Participate at the CJS Securities 24th Annual New Ideas for the New Year Conference

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technolo...

11 months ago - Business Wire

Three-Stock Lunch: Goldman Sachs, PepsiCo & Valmont Industries

Michael Farr, CEO at Farr, Miller & Washington, joins 'Power Lunch' to discuss three stocks: Goldman Sachs, PepsiCo, and Valmont Industries.

Other symbols: PEPGS
11 months ago - CNBC Television