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Tuesday, September 26, 2023

Are Things Looking Up For Apollo Global Management Inc. (NYSE: APO)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Apollo Global Management Inc. (APO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.05%, to $87.90. The Apollo Global Management Inc. has recorded 14,399 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Apollo to Present at Barclays Financial Services Conference.

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Stocks Info

The company is listed on the NYSE and operates within the Asset Management industry segment. The current market capitalization of Apollo Global Management Inc. is $49.39B. A total of 1.54 million shares were traded on the day, compared to an average of 2.38M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, APO has seen 6 BUY and 10 SELL insider trades, representing the acquisition of 20,853 and the disposition of 337,848 shares. Over the last 12 months, there were 33 BUYs and 81 SELLs from insiders. Insiders purchased 1,983,642 shares during that period but sold 8,421,170.

In the most recent transaction, Zelter James C sold 60,779 shares of APO for 79.22 per share on Jul 13. After the transaction, the Co-President () now owns 5,678,785 company shares. In a previous transaction on Jul 12, Zelter James C sold 23,752 shares at 78.82 per share. APO shares that Co-President () owns now total 5,716,630.

Among the insiders who sold shares, Zelter James C disposed of 35,777 shares on Jul 11 at a per-share price of $77.93. This resulted in the Co-President () holding 5,740,382 shares of APO after the transaction. In another insider transaction, Zelter James C sold 3,010 shares at $77.51 per share on Jul 03. Company shares held by the Co-President () now total 5,776,159.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Apollo Global Management Inc. pays an annual dividend of $1.72, resulting in a dividend yield of 1.96%, and it has a price to earnings (P/E) ratio of 41.15. APO’s most recent ex-dividend date was 8/17/2023 when it declared a $0.43 quarterly dividend that was paid in cash on 8/31/2023. Previously, the company paid the dividend on 5/31/2023 with an ex-dividend date of 5/19/2023. The APO stock dividend was $0.43 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for APO in the last 3 months, the mean price target is $94.71 with high estimates of $104.00 and low estimates of $86.00. In terms of 52-week highs and lows, APO has a high of $88.88 and a low of $45.62.

As of this writing, APO has an earnings estimate of $1.82 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.94 per share and a lower estimate of $1.72. The company reported an EPS of $1.42 in the last quarter, which was -3.40% lower than expectations of $1.47.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. APO’s latest balance sheet shows that the firm has $917.18M in Cash & Short Term Investments as of fiscal 2021. There were $3.64B in debt and $2.93B in liabilities at the time. Its Book Value Per Share was $14.21, while its Total Shareholder’s Equity was $11.96B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for APO is Buy with a score of 4.31.

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