Valmont Industries, Inc. (VMI)

NYSE: VMI · IEX Real-Time Price · USD
209.72
-1.45 (-0.69%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-0.69%
Market Cap 4.24B
Revenue (ttm) 4.17B
Net Income (ttm) 150.85M
Shares Out 20.22M
EPS (ttm) 6.78
PE Ratio 30.93
Forward PE 14.06
Dividend $2.40 (1.14%)
Ex-Dividend Date Mar 27, 2024
Volume 146,365
Open 211.10
Previous Close 211.17
Day's Range 208.83 - 213.11
52-Week Range 188.63 - 315.88
Beta 1.03
Analysts Strong Buy
Price Target 262.00 (+24.93%)
Earnings Date May 1, 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, VMI's revenue was $4.17 billion, a decrease of -3.93% compared to the previous year's $4.35 billion. Earnings were $150.85 million, a decrease of -39.87%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for VMI stock is "Strong Buy." The 12-month stock price forecast is $262.0, which is an increase of 24.93% from the latest price.

Price Target
$262.0
(24.93% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

1 day 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
5 weeks ago - CNBC Television

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...

7 weeks ago - Business Wire

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...

2 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...

2 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...

3 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
4 months ago - CNBC Television

Investor Michael Farr is back with his top 10 stocks he's buying for 2024, and the tilt is defensive

This year's list is a bit more defensive than in years past and has a focus on earnings growth.

Other symbols: ABTAMZNDCIDHRDISGSJNJ
4 months ago - CNBC

Valmont Announces $120 Million Accelerated Share Repurchase

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 Reports Third Quarter 2023 Results and Updates Full-Year Financial Outlook

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...

6 months ago - Business Wire

Valmont and FieldSync Announce Groundbreaking Collaboration to Revolutionize Data Acquisition and Analytics in Telecommunications Infrastructure

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, Inc. Announces Third Quarter 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...

6 months ago - Business Wire

Valmont® Trade Program Welcomes 24 Apprentice and Pre-Apprentice Students Amid Growing Need for Skilled Trade Workers

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...

7 months ago - Business Wire

Valmont Closes Acquisition of HR Products

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...

8 months ago - Business Wire

Valmont Reports Second Quarter 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

Ameresco and Valmont Industries Announce Completion of Solar Array to Power Concrete Utility Pole Manufacturing Facility

FRAMINGHAM, Mass. & BRISTOL, Ind.--(BUSINESS WIRE)-- #carbonreduction--Ameresco and Valmont Industries announce completion of solar array to power concrete utility pole manufacturing facility.

Other symbols: AMRC
10 months ago - Business Wire

Sustainably-Focused Concrete Utility Pole Manufacturing Facility Opens with Anticipated 100% Self-Generated Clean Energy

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 Industries, Inc. Announces Second Quarter 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 Announces Executive Leadership Changes

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 Acquire HR Products, Australian Leader in Irrigation Parts

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

Best Water Stocks to Buy

Water is a crucial component throughout the economy. These water stocks and ETFs stand to gain.

Other symbols: XYLBMICGWECLFIWPHOPNR
10 months ago - Kiplinger

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...

11 months ago - Business Wire

Valmont Hosts 2023 Investor Day Event In New York City

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

Valmont Industries, Inc. Announces Partnership With Peerless-AV

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

1 year ago - Business Wire

Valmont Releases 2023 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...

1 year ago - Business Wire