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Valmont Industries, Inc. - VMI STOCK NEWS

Welcome to our dedicated news page for Valmont Industries (Ticker: VMI), a resource for investors and traders seeking the latest updates and insights on Valmont Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Valmont Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Valmont Industries's position in the market.

Rhea-AI Summary
Valmont Industries, Inc. (NYSE: VMI) will host its first quarter 2024 earnings conference call on May 2, 2024, with Avner M. Applbaum, President, and CEO, and Timothy P. Francis, Interim CFO. The call will discuss first quarter results, accessible via telephone or webcast. A slide presentation will be available for download on valmont.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
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Rhea-AI Summary
Valmont Industries, Inc. (NYSE: VMI) declares a quarterly dividend of $0.60 per share, showcasing an annual rate of $2.40 per share, to be paid on April 15, 2024, to shareholders of record on March 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
dividends
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Rhea-AI Summary
Valmont Industries, Inc. (VMI) reports solid financial results for Q4 2023 and FY 2023, highlighting successful pricing strategies, operational efficiencies, and strong cash flows. President Applbaum discusses lower sales volumes, but increased gross profit margins. The company sets 2024 financial outlook and long-term financial targets, focusing on sustainability, profitability, and shareholder value enhancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.48%
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Rhea-AI Summary
Valmont Industries, Inc. (VMI) will host its fourth quarter and full year 2023 earnings conference call on February 22, 2024. The live audio discussion with the President and CEO, Avner M. Applbaum, and Interim CFO, Timothy P. Francis, will be accessible by telephone or webcast. The news release outlining the results will be distributed on February 21, 2024, after market close. A slide presentation will be available for download on the Investors page of valmont.com. A replay of the event will also be accessible for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
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-
Rhea-AI Summary
Valmont Industries, a global leader in vital infrastructure and agricultural productivity (NYSE: VMI), announced its participation in the CJS Securities New Ideas for the New Year Conference. President and CEO Avner M. Applbaum and Interim CFO Timothy P. Francis will host virtual investor meetings on January 10, 2024, including a fireside chat at 3:05 PM EST. A live webcast and replay will be available on the Valmont Investors page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
conferences
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Rhea-AI Summary
Valmont Industries, Inc. (VMI) has entered into an accelerated share repurchase agreement with Citibank, N.A. to repurchase $120 million of the Company’s common stock. The ASR is part of Valmont’s share repurchase program and is expected to be completed by the first quarter of 2024. President and CEO Avner M. Applbaum highlighted the company's confidence in its ability to generate cash flows and its commitment to a balanced capital allocation strategy. Valmont will fund the ASR and ongoing purchases from available working capital and short-term borrowings, subject to market and economic conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.55%
Tags
buyback
Rhea-AI Summary
Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of $0.60 per share, indicating an annual rate of $2.40 per share. The dividend will be payable on January 16, 2024, to shareholders of record on December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
dividends
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Rhea-AI Summary
Valmont Industries, Inc. reports financial results for Q3 2023. Net sales decreased 4.3% to $1.1 billion. Operating loss of $24.2 million. Diluted EPS of ($2.34). Impairment of goodwill and intangible assets in Agriculture Technology unit. Company announces organizational realignment program to streamline administrative support and reduce costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.95%
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Rhea-AI Summary
Valmont Industries announces strategic partnership with FieldSync to deliver innovative product solutions and drive digital transformation in the telecommunications market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.7%
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Rhea-AI Summary
Valmont Industries, Inc. to host Q3 2023 earnings conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
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Valmont Industries, Inc.

NYSE:VMI

VMI Rankings

VMI Stock Data

4.39B
19.17M
1.94%
92.36%
2.58%
Fabricated Structural Metal Manufacturing
Manufacturing
Link
US
Omaha

About VMI

valmont is the global leader in designing and manufacturing poles, towers and structures for lighting and traffic, wireless communication and utility markets, and a provider of protective coating services. valmont also leads the world in mechanized irrigation equipment for agriculture, enhancing food production while conserving and protecting natural water resources. in addition, valmont produces a wide variety of tubing for commercial and industrial applications.