Apollo Global Management, Inc. (APO)
| Market Cap | 52.89B |
| Revenue (ttm) | 26.44B |
| Net Income (ttm) | 2.85B |
| Shares Out | 567.56M |
| EPS (ttm) | 4.74 |
| PE Ratio | 19.66 |
| Forward PE | 12.12 |
| Dividend | $1.72 (1.85%) |
| Ex-Dividend Date | Nov 16, 2023 |
| Volume | 2,066,173 |
| Open | 94.11 |
| Previous Close | 94.27 |
| Day's Range | 93.14 - 94.64 |
| 52-Week Range | 55.16 - 96.23 |
| Beta | 1.66 |
| Analysts | Buy |
| Price Target | 90.82 (-2.54%) |
| Earnings Date | Feb 8, 2024 |
About APO
Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. The firm provides its services to endowment and sovereign ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for APO stock is "Buy." The 12-month stock price forecast is $90.82, which is a decrease of -2.54% from the latest price.
News
Apollo-backed Aspen Insurance files IPO
Aspen Insurance Holdings, a specialty insurance and reinsurance company backed by Apollo Global Management Inc. APO, -3.26% filed for an initial public offering late Wednesday with underwriters Goldma...
Farfetch in talks with Apollo Global for rescue deal -source
Online luxury retailer Farfetch is in talks with Apollo Global Management to secure emergency funding to shore up its finances, a person familiar with the matter said on Wednesday
Private-equity firms build up record $2.59 trillion in ‘dry powder,' or capital on the sidelines
Capital waiting to be deployed, or so-called dry powder, rose 8% to a record $2.59 trillion in the past year, S&P said Tuesday.
Apollo Adds ELTIF to Wealth Product Platform Following CSSF Regulatory Approval
Apollo Clean Transition Equity ELTIF to provide European investors greater access to clean transition investments across private markets
Private credit is booming in Wall Street: 3 stocks to buy
For a long time, private equity was the hottest thing in Wall Street. Now, with interest rates sitting at their highest level in 2 decades, the private equity industry is being challenged by private c...
Glancy Prongay & Murray LLP Announces Investigation of Apollo Global Management, Inc. (APO) (f/k/a Tango Holdings, Inc.)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Apollo Global Management, Inc. (NYSE: APO) (f/k/a Tango Holdings, Inc.) concerning the Company and its dir...
Apollo CEO Rowan on Credit, 'De-Banking,' Antisemitism
"I think the world is de-banking," Apollo Global Management CEO Marc Rowan says. Speaking on "Bloomberg Surveillance," Rowan also discusses the state of the credit market and the spread of antisemitis...
Apollo to Present at the Goldman Sachs 2023 US Financial Services Conference
NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Marc Rowan, Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs 2023 US Financial Serv...
Apollo Global stock: Here's why it is better than Blackstone
Apollo Global Management (NYSE: APO) stock price has done well in 2023 even as the private equity industry faces numerous headwinds. The shares jumped to a high of $91.42 on Friday as they near their ...
Panasonic plans to sell stake in autos business to Apollo Global-managed funds
Japan's Panasonic Holdings said on Friday it plans to sell a stake in its automotive systems business to funds managed by U.S. private equity firm Apollo Global Management, and has signed a memorandum...
Apollo Funds and CATEC Launch Hydria Through Acquisition of Kelley Leasing Partners
Hydria Launches as High-Growth Gaseous Equipment Manufacturing and Leasing Platform Supporting the Energy Transition
'De-banking' is fueling private credit growth: Apollo CEO Marc Rowan
Marc Rowan, CEO of Apollo Global Management explains why private credit is benefiting from tighter banking regulation, and shares his expectation for a pick up in private equity deals.
Apollo Prices Offering of Senior Notes
NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an o...
Apollo Funds and Vitol Announce WattEV Financing Partnership
NEW YORK, HOUSTON and LONG BEACH, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and Vitol today announced that Apollo-managed funds (the “Apollo Funds”) and Vitol have agreed to provide...
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Apollo to Offer Senior Notes
NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that it has commenced an offering of its senior notes (the “notes”), subject to market and other conditions. The notes wi...
Apollo to Provide €1 Billion Capital Solution to Vonovia in Second Transaction
NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that it has entered into agreements for Apollo-managed insurance affiliates, funds and other long-term investors to inves...
Tiger Infrastructure Partners Announces Fund II Sale of FBO Leader Modern Aviation
NEW YORK and LONDON , Nov. 2, 2023 /PRNewswire/ -- Tiger Infrastructure Partners ("Tiger") today announced the full exit of its Fund II investment in Modern Aviation ("Modern") through a transaction l...
Apollo Infrastructure Funds Acquire Majority Stake in Modern Aviation
Tiger Infrastructure Partners and Modern Aviation Management to Reinvest as Part of Transaction Tiger Infrastructure Partners and Modern Aviation Management to Reinvest as Part of Transaction
Mosaicx Awarded “Best Agentless Payment Processor” for Enterprises
Remend recognizes Mosaicx for its flexibility, product quality, company vision, and security and compliance protocols Remend recognizes Mosaicx for its flexibility, product quality, company vision, an...
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Apollo's Fee-Related Earnings Hit a Record
Apollo Global Management Inc.'s shares jumped the most intraday since April 2020 as the firm's fee-related earnings hit a record. Bloomberg's Sonali Basak reports.
Apollo Global Management stock rises in premarket after it swings to a profit
Apollo Global Management Inc.'s stock APO rose 2.7% in premarket trading on Wednesday after the private-equity firm said it swung to a third-quarter profit and beat the analyst target for total asset ...
Apollo Reports Third Quarter 2023 Results
NEW YORK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the third quarter ended Septem...
Air France-KLM announces a 1.3 billion euros financing agreement with Apollo
Air France-KLM announced on Thursday a new financing agreement between one of its affiliate and funds and entities managed by Apollo Global Management in a bid to strengthen its balance sheet.