STOCK TITAN

Alta Equipment Group (ALTG) Stock News

ALTG NYSE

Welcome to our dedicated page for Alta Equipment Group news (Ticker: ALTG), a resource for investors and traders seeking the latest updates and insights on Alta Equipment Group stock.

Alta Equipment Group Inc. reports recurring developments for an integrated equipment dealership platform in North America. The company sells, rents, and supports specialized equipment across Material Handling, Construction Equipment, and Master Distribution activities, including lift trucks, earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes, aerial work platforms, paving and asphalt equipment, parts, and service.

Company news centers on quarterly operating results, segment revenue trends, equipment sales, product support margins, rental fleet activity, interest expense, inventory and credit-line management, preferred stock dividends, and governance matters such as board observer agreements.

Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) reported second quarter 2026 revenues of $475.5 million, down 1.2% year over year but up $65.0 million sequentially, with all three segments increasing sequentially. On an organic basis, revenues declined 0.2% year over year.

Adjusted EBITDA was $48.6 million, essentially flat year over year and up $20.5 million from the first quarter. Net loss available to common stockholders was $(8.2) million, or $(0.25) per basic and diluted share. Interest expense fell $2.8 million year over year to $19.5 million in the quarter.

Year to date, Alta generated $26.1 million of operating cash flow. The rental fleet gross book value decreased $50.3 million year over year to $519.2 million. The company tightened full‑year 2026 Adjusted EBITDA guidance to a range of $167.5–$177.5 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
Tags
-
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) will release its financial results for the second quarter ended June 30, 2026, after U.S. markets close on Thursday, August 6, 2026. Management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the results and take questions.

According to the company, a press release and presentation slides will be posted on its investor website before the call. Investors can join via live dial-in or webcast, and a replay will be archived until August 6, 2027.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.4%
Tags
conferences earnings date
-
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) announced its Board approved a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock of $625 per preferred share. This equals $0.625 per Depositary Share. The dividend is payable on July 31, 2026 to holders of record on July 15, 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
Tags
dividends
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) reported Q1 2026 results: total revenues $410.5M (down $12.5M YoY), adjusted EBITDA $28.1M (down $5.5M YoY), and net loss available to common stockholders $(20.3)M. Rental equipment sales rose 44.5% to $30.2M; rental fleet gross book value fell to $524.6M. Operating cash flow improved to $20.8M, and interest expense declined $2.4M. Management updated 2026 adjusted EBITDA guidance to $167.5M–$182.5M and cited stronger Material Handling bookings and rental-fleet optimization as drivers for expected improvement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.6%
Tags
-
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) will report first quarter 2026 financial results for the period ended March 31, 2026, after U.S. markets close on Thursday, May 7, 2026.

Alta management will host a conference call and webcast the same day at 5:00 p.m. Eastern Time; a press release and supplemental presentation slides will be posted on the company investor website prior to the call. The webcast replay will be archived through May 7, 2027.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.97%
Tags
conferences earnings date
-
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) declared a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock of $625 per preferred share, equivalent to $0.625 per Depositary Share (1/1000th interest).

The dividend is payable on April 30, 2026 to holders of record at the close of business on April 15, 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) reported Q4 2025 revenue of $509.1M (up 2.2% YoY) and full-year 2025 revenue of $1.8359B (down 2.2% YoY). Q4 adjusted EBITDA was $40.6M; full-year adjusted EBITDA was $164.4M. Net loss available to common stockholders was $12.5M in Q4 and $83.3M for 2025. The company expects 2026 adjusted EBITDA of $172.5M–$187.5M and repurchased 171,308 shares for $1.0M in Q4.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.15%
Tags
-
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) will report fourth quarter and full year 2025 results after U.S. markets close on Thursday, February 26, 2026. Management will host a conference call and webcast the same day at 5:00 p.m. ET, with slides and a press release posted beforehand on the investor website. The audio replay will be archived through March 5, 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
conferences earnings date
-
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) announced on January 22, 2026 that it entered into a Cooperation Agreement with Mill Road Capital III, L.P. under which Mill Road may appoint a non-voting board observer.

Pursuant to a Board Observer Agreement dated January 21, 2026, Mill Road appointed Deven Petito as its initial board observer. Mr. Petito is a Management Committee Director at Mill Road Capital and previously worked at KKR and Morgan Stanley; he holds an AB in Economics from Princeton and an MBA from Harvard Business School.

The company and Mill Road described the arrangement as a collaborative step intended to support long-term shareholder value and engagement with Alta’s management and board.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
none
Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) announced its Board approved a quarterly dividend on the Series A Cumulative Perpetual Preferred Stock of $625 per preferred share. That payment equates to a dividend of $0.625 for each outstanding Depositary Share representing a 1/1000th fractional interest in one share of Series A Preferred. The payment date is January 30, 2026, to shareholders of record at the close of business on January 15, 2026.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.38%
Tags
dividends

FAQ

What is the current stock price of Alta Equipment Group (ALTG)?

The current stock price of Alta Equipment Group (ALTG) is $5.78 as of September 15, 2026.

What is the market cap of Alta Equipment Group (ALTG)?

The market cap of Alta Equipment Group (ALTG) is approximately 188.8M.