Argan (AGX) Expected to Announce Quarterly Earnings on Thursday
by Jessica Moore · The Cerbat GemArgan (NYSE:AGX – Get Free Report) is expected to be announcing its Q2 2026 results after the market closes on Thursday, September 4th. Analysts expect the company to announce earnings of $1.99 per share and revenue of $243.9670 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earningoverview page for the latest details on the call scheduled for Thursday, September 4, 2025 at 5:00 PM ET.
Argan (NYSE:AGX – Get Free Report) last released its quarterly earnings results on Wednesday, June 4th. The construction company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.51. Argan had a net margin of 11.00% and a return on equity of 29.61%. The firm had revenue of $193.66 million during the quarter, compared to the consensus estimate of $193.75 million. During the same quarter in the prior year, the firm earned $0.58 EPS. The company’s revenue for the quarter was up 22.8% on a year-over-year basis.
Argan Stock Down 1.9%
AGX opened at $223.91 on Wednesday. Argan has a twelve month low of $69.81 and a twelve month high of $253.79. The company has a 50-day moving average price of $221.68 and a 200 day moving average price of $181.19. The company has a market cap of $3.05 billion, a PE ratio of 31.40 and a beta of 0.62.
Argan Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Wednesday, July 23rd were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, July 23rd. Argan’s dividend payout ratio is 21.04%.
Wall Street Analysts Forecast Growth
AGX has been the subject of several research reports. Kepler Capital Markets cut shares of Argan from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Lake Street Capital upped their price objective on shares of Argan from $150.00 to $236.00 and gave the company a “buy” rating in a research note on Thursday, June 5th. JPMorgan Chase & Co. initiated coverage on shares of Argan in a research note on Monday, July 21st. They set a “neutral” rating and a $220.00 price objective for the company. Finally, Wall Street Zen cut shares of Argan from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $202.00.
Read Our Latest Stock Analysis on AGX
Insiders Place Their Bets
In related news, Director Cynthia Flanders sold 2,000 shares of the stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $234.56, for a total transaction of $469,120.00. Following the completion of the transaction, the director owned 31,428 shares of the company’s stock, valued at approximately $7,371,751.68. This trade represents a 5.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Ronald Jr. Jeffrey sold 2,621 shares of the stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $235.63, for a total transaction of $617,586.23. Following the transaction, the director directly owned 9,254 shares of the company’s stock, valued at $2,180,520.02. The trade was a 22.07% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 96,564 shares of company stock worth $21,046,366. 6.69% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Argan
A number of hedge funds have recently made changes to their positions in the stock. Orion Porfolio Solutions LLC purchased a new position in shares of Argan during the 2nd quarter worth approximately $660,000. Advisory Services Network LLC boosted its position in shares of Argan by 174.7% during the 2nd quarter. Advisory Services Network LLC now owns 6,711 shares of the construction company’s stock worth $1,480,000 after purchasing an additional 4,268 shares during the period. FORA Capital LLC purchased a new position in shares of Argan during the 2nd quarter worth approximately $1,435,000. Evergreen Capital Management LLC purchased a new position in shares of Argan during the 2nd quarter worth approximately $266,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Argan by 87.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the construction company’s stock worth $595,000 after purchasing an additional 1,261 shares during the period. Hedge funds and other institutional investors own 79.43% of the company’s stock.
Argan Company Profile
Argan, Inc, through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market. The company operates through Power Services, Industrial Services, and Telecom Services segments. The Power Services segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 18 gigawatts of power-generating capacity.
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